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GNC Holdings, Inc. The marijuana industry is on fire, and Wall Street has certainly taken notice. Yahoo Life Shopping. However, superstores, warehouse retailers, and e-tailers started luring away its customers with similar products. April 17, — olloclip, the pioneer in accessory lenses for cell phone cameras, today announced its collaboration with professional photographer and adventurer Chris Burkard. Two gloved hands using a dropper out of a bottle of oil, with marijuana leaves in the background.

Don't believe the hype GNC's stock rallied after the news, but it's highly doubtful that selling CBD products will resolve its biggest problems. Known for supplying everything from performance supplements to health and beauty products, GNC's entrance into the CBD space was a logical move designed to appeal to the full spectrum of its customer base. Motley Fool. Related Articles. Not just any bike, though … if you have yet to try an e-bike, now is the time. Outdoor Industry Partnerships News.

You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Rad Women. GNC also has exceptional innovation and product development capabilities, manufactures products for third parties and generates revenue through corporate partnerships. Furthermore, businesses benefit from the rise of CBD because it's a considerably higher-margin product than traditional dried cannabis flower. GNC's stock rallied after the news, but it's highly doubtful that selling CBD products will resolve its biggest problems. Two gloved hands using a dropper out of a bottle of oil, with marijuana leaves in the background. Subscribe via RSS.

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In mid-March, Ulta announced plans to carry five skin-care products from Cannuka that blend CBD with manuka, a type of honey that's sourced from bees that pollinate Manuka trees. Retail College. Image source: Getty Images. Investors looking for a potential turnaround play should instead take a closer look at GNC's rival Vitamin Shoppe , which impressed investors with the stabilization of its gross margins last quarter. Email Print Friendly Share. GNC was once the market leader in vitamin and supplements. Related Quotes.
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Myaderm uses proven advanced technologies to create innovative cannabinoid products. Subscribe via RSS. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. GNC Holdings, Inc. But the marijuana industry is far more complex than simply growing plants and selling dried flower to consumers.
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Designer Brands Inc. However, none of those efforts address its core problem of sluggish domestic sales. Rad Women. GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public. Here's a look at the wide gamut of retailers now carrying CBD oils, topicals, and capsules. Well, nine major retailers, both public and private, are now selling CBD-based products.
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GNC was once the market leader in vitamin and supplements. Myaderm uses proven advanced technologies to create innovative cannabinoid products. Media Contact: Martin Maisonpierre, martin hayterpr. Locally provides the unique ability for customers to not only Yahoo Finance Video. Recently Viewed Your list is empty. For the first time, both brands have come together to develop a special-edition, USA-made boot for
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Motley Fool April 28, You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Related Quotes. However, superstores, warehouse retailers, and e-tailers started luring away its customers with similar products. The one bright spot from last-quarter's earnings report was the performance of two new product lines -- TamaFlex joint health supplements and Earth Genius plant-based supplements -- which tempered GNC's same-store sales declines.
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