All dollars are stated in US Dollars. 'With year over year growth in net revenues of 4%, year over year direct to consumer ecommerce revenues up 26%, and our leading regulatory preparedness, HempFusion's momentum shows it to be the right company, at the right time, to lead this new category into the future,' stated Dr.
ABOUT HEMPFUSION
HempFusion is a leading health and wellness
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, 'forward-looking statements') that relate to HempFusion's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as 'will likely result', 'are expected to', 'expects', 'will continue', 'is anticipated', 'anticipates', 'believes', 'estimated', 'intends', 'plans', 'forecast', 'projection', 'strategy', 'objective' and 'outlook') are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward-looking statements relating to the continued growth of the Company's international business and revenue, the Company's plans to accelerate sales, DTC sales expectations, anticipated growth of the Company's private label division, including private label orders from the noted leading national publicly traded grocery retailer, expansion opportunities for the Company's ingestible products and the Company's other plans, focus and objectives. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond HempFusion's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors set forth under 'Cautionary Note Regarding Forward-Looking Statements' and 'Risk Factors' in the annual information form of the Company dated
Contact:
Tel: 416-03-563
Email: ir@hempfusion.com
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