US hemp-based CBD company HempFusion has a distribution with over 3,400 retailers and is now partnering with RADD Capital to advise the company on strategic fundraising initiatives including multiple staged private financings and a future Canadian Initial Public Offering.
“We are incredibly excited to partner with RADD Capital and leverage their extensive cannabis and hemp industry expertise and significant financial service capabilities,” stated Ian deQueiroz, co-founder and CEO of HempFusion. “This transformative business partnership is going to raise the bar and take our Company to the next level as we prepare to rapidly scale, deploy capital, and emerge as a leader in the global CBD industry.”
The company is FDA compliant and one of two companies with pending Self-Affirmed GRAS Affirmation. HempFusion has 31 products launched and 25 in the pipeline with two unique brands. It is one of the first 13 companies certified by the US Hemp Authority (GMP Verification).
RADD Capital has provided strategic advisory services to raise over $650,000,000 for cannabis companies since 2016. The company was founded by Rob Anderson, Dave Doherty, and Danny Brody and it leverages its extensive industry expertise to capitalize companies within hyper-growth sectors that have established brands, best-in-class products, and driven management teams and transforms them into world-class companies.
“HempFusion is the only company we have found that has established the entire platform for success including a proven management team with international distribution, sales across 47 US States and a proven product portfolio; the only missing component was access to significant capital,” commented Rob Anderson, CEO of RADD Capital. “With our track record of advising with respect to successful financings including Organigram, Emblem, TGOD and Plus Products, we plan to leverage our industry-leading experience, network, and intellectual capital to help build the next major player in the global CBD industry.”
Hemp Fusion is led by an equally impressive team. Ian deQueiroz is the co-founder and CEO. He’s a serial entrepreneur known for establishing multiple hemp and cannabis companies including Epican Jamaica, a leading vertically integrated Jamaican cannabis company, 49.18% owned by The Green Organic Dutchman. Dr. Jason Mitchell, N.D. is the co-founder and President – a Naturopathic doctor and previous Chief Science Officer at Country Life Vitamins (Acquired in 2006). He was responsible for formulations and the successful launch of over 300 products
Ashley Grace is the CMO. She was previously the CMO of Charlotte’s Web. Grace brings significant fortune 500 marketing experience with companies such as Campbells, Pepperidge Farms, and Brown-Forman and has 4 David Ogilvy awards for success. Debbie Wildrick is a co-founder and EVP. She is a distribution and channel expert with 30 years’ CPG experience with companies including Pepsi, Tropicana, and 7-Eleven. While at 7-Eleven, Debbie managed a $4 billion product portfolio
HempFusion says it has established itself as a top three best-selling CBD brand in health food stores across America. The company has launched a one-time online-only sale leading up to the launch of its brand-new e-commerce platform.
“We have incredible customers that have come to know and believe in our products because they work and taste great,” said Jason Mitchell, ND, co-founder, and President. “While we transition to the new platform expected in the coming days we wanted to give back and offer an up to 50% off sale. This is an incredible opportunity for all CBD consumers ranging from first time cannacurious consumers to seasoned enthusiasts utilizing CBD for sleep, stress and post-workout recovery, and even to customers looking for unique gift ideas.”