CV Sciences Inc. (OTCMKTS:CVSI) Enters Distribution Partnership With Southeastern Grocers

CV Sciences Inc. (OTCMKTS:CVSI) and Southeastern Grocers Inc. have announced a distribution partnership for PlusCBD Oil Topical Products as well as Dietary Supplements. The initial launch will be at the 115 Winn-Dixies in Florida and South Carolina’s 37 BI-LO stores. The PlusCBD Oil topical products have been available in the stores since November 3.

Distribution partnership to enhance the availability of CV Sciences CBD products

The new distribution agreement between CV Sciences and Southeastern Grocers enhances the distribution and availability of CV Sciences’ wide range of products. The broad range of products also includes ingestible dietary supplements besides PlusCBD Oil. The new distribution in BI-LO outlets in South Carolina and some Winn-Dixie outlets in Florida includes topical products such as PlusCBD Oil Roll-On, and PlusCBD Oil Extra Strength and Original Balm. There are also PlusCBD Oil full-spectrum hemp supplements such as Gold Formula Drops and Gummies, Gold Formula as well as Total Plant Complex Sprays.

CV Sciences CEO Joseph Dowling indicated that they are delighted to expand the distribution through the partnership with Southeastern Grocers. The agreement will enable the company to bring its topical products and dietary supplements to the mass food and retail channel. The CEO added that after the initial launch, they expect more distribution gains in Florida and Colorado.

CV Sciences receives an award for best supplements

In September, the company indicated that it had received the “NEXTY consumer Choice Award” in the dietary supplement category for its PlusCBD Oil Total Plant Complex Peppermint Spray. The award given annually at the Natural Products Expo East and West acknowledges innovative and inspirational natural products. Products that win the award are determined through consumer feedback that sample and ward scores to the products.

The Company’s PlusCBD Oil has best-selling CBD supplement in the Total US Natural Channel. The Extra Strength is ranked first in sales in the Total US MULO and Total US Natural Channel alongside CBD products in Topical Analgesics. The BD topicals market is growing fast, and according to Brightfield Group, the market will be worth $1.3 billion this year.

By Steven Russell

Steve covers business and investing in emerging medical marijuana markets. Steve graduated from the university of New Orleans with a degree in Broadcast Journalism. Steve has published several articles in professional journals and magazines. His experience gives readers an inside look at the intersection of his specialties, business and medical marijuana.

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