Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) has started the rollout of CBD shops, opening two new shops in Kentucky and Indiana.
The shops are in Castleton Square, Indianapolis, and in Oxmoor Center, Louisville. The company is looking to open more than 100 CBD shops under its Seventh Sense Botanical Therapy brand for CBD-infused body care.
Hundreds More Shop Coming This Year
These new locations are the fourth and fifth Seventh Sense shops to open of hundreds planned by the end of the year.
Peter Horvath, the CEO of Green Growth, is happy with the initial performance of the shops and the eCommerce site, ShopSeventhSense.com.
“The investments we are making in securing premium leases and in designing beautiful shop fixtures not only create amazing consumer experiences but are fantastic marketing mechanisms for our brand. With our eventual footprint of hundreds of shops in high foot traffic locations, we will be gaining exposure to millions of potential customers,” Horvath stated.
GGB Wants to Open 300 CBD Shops
Green Growth made a deal with Simon Property Group to open 108 shops at Simon’s U.S. malls.
The Castleton Square is the partnership’s first location, while the other shops are slated to open later this year.
Last month, Horvath told CNBC that they are in talks with five other major real estate developers and plans to open 300 locations by the end of 2019.