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Press release content from Business Wire. The AP news staff was not involved in its creation.

Functional Remedies Expands Hemp Oil Distribution Into Natural Health and Beauty Retail

May 1, 2019

DENVER--(BUSINESS WIRE)--May 1, 2019--Functional Remedies, the only vertically-integrated hemp oil company, announced an expansion of its flagship product line into Pharmaca, a modern natural health and beauty chain retailer with 29 locations throughout the U.S. Functional Remedies lipid-infused hemp oil will initially be sold in 12 stores located in Colorado, New Mexico, Oregon and Washington and then Illinois shortly thereafter. Functional Remedies will also expand into California stores contingent on the passing of AB 228, which would effectively legalize the use of industrial hemp or cannabinoids in food, beverage or cosmetics.

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Younger woman helping an older man sort through Functional Remedies hemp oil on a shelf in a pharmacy-like store. (Photo: Business Wire)

“In pursuit of our mission to bring lives into balance on a global scale, Functional Remedies is aggressively expanding our distribution into new and novel channels, including natural beauty and health, organic and athletics,” said Functional Remedies CMO Tony Tomassini. “Pharmaca has continually worked to build consumer trust with natural products, and we are excited to include our highly-efficacious hemp oil on their shelves for customers looking for better health and wellness.”

Pharmaca will carry all seven SKUs of Functional Remedies’ flagship product line, including the 50mg, 25mg and 10mg capsules, 1000mg, 500mg and 250mg tinctures and 500mg salve. Functional Remedies also announced that in-store sales growth overall year-over-year in Lucky’s Market, an organic supermarket chain with locations across 10 states, is 137 percent and ranked fifth overall in growth year-over-year.

“Pharmaca is proud to launch Functional Remedies’ proprietary lipid-infused, full-spectrum hemp oil in our Colorado, New Mexico, Oregon and Washington locations,” said Pharmaca Co-founder and VP of Integrative Medicine Don L. Summerfield. “Pharmaca has spent the last 20 years providing customers with the tools they need to manage their own health, and we are excited to add Functional Remedies into the diverse mix of options we offer.”

Functional Remedies’ presence in Pharmaca and other major retailers represents an aggressive push toward increased distribution and preparation for future partnerships with other mass retailers such as CVS, Walgreens and many others who have announced their intent to carry CBD and hemp oil products.

About Functional Remedies

Functional Remedies produces the only hand-pressed, lipid-infused hemp oil, derived from the most nutrient-dense hemp plants, and formulated using a proprietary whole-plant, lipid infusion process. This results in highly efficacious products that deliver the greatest possible entourage effect and are far superior to CBD isolate and concentrate products made with CO2 and chemical extraction processes. Functional Remedies is unique among hemp oil producers as it is the only vertically-integrated company with complete control from farm to cultivation to finished goods. Functional Remedies uses the most respected independent labs to test and verify their ingredient specifications and phytonutrient content. For more information on Functional Remedies and its products, visit https://functionalremedies.com/ .

View source version on businesswire.com:https://www.businesswire.com/news/home/20190501005856/en/

CONTACT: Media Contact:

Leland Radovanovic

Powerplant Global Strategies

Leland@PowerplantStrategies.com

845-200-5249

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: HEALTH FITNESS & NUTRITION RETAIL TOBACCO GENERAL HEALTH

SOURCE: Functional Remedies

Copyright Business Wire 2019.

PUB: 05/01/2019 02:01 PM/DISC: 05/01/2019 02:01 PM

http://www.businesswire.com/news/home/20190501005856/en