Love Hemp online sales increase by 39% month on month during global pandemic
VANCOUVER, BC, CANADA (May 8th, 2020) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF), an investment company, is pleased to provide an update regarding its investment in World High Life whose wholly owned subsidiary, Love Hemp, has achieved record sales since January.
World High Life PLC, the AQSE (LIFE) and OTCQB (WRHLF) listed investment company recently provided an update on the progress of its wholly owned subsidiary, Love Hemp, during the global Covid-19 pandemic.
Love Hemp’s leadership have continued to focus on the growth of the brand, seeing opportunities to achieve stronger online sales, building on the existing platform to reach more customers directly and expand its offerings to meet consumer demand.
“There’s no question that the challenges now facing businesses across the world are unique,” said Mr. Tony Calamita, Love Hemp Founder. “Whilst bricks and mortar stores have either closed or experienced less foot traffic and reduced hours, it has highlighted the need for us to have a robust online presence in order to keep people engaged with our brands and products.”
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Tony Calamita commented, “We have expanded our online offerings and are committed to continuing to provide the best experience for our customers, so they continue to purchase and engage with us in an efficient way, with minimal disruption. Fortunately, consumer demand for our products is growing and we have adapted, thanks to a great team effort. To grow the business under new circumstances, we are expanding our e-commerce presence and education marketing, which will be the foundations of our model going forward.”
About Codebase Ventures Inc.
Codebase Ventures Inc. is a small, hands-on team of financial and technology experts who invest early in great ideas. We operate from the understanding that technology is always evolving, bringing early opportunities for strategic investments that can deliver the exponential returns to our shareholders. We seek out and empower the innovators who are building tomorrow’s standards with platforms and protocols, not just products. We invest early, support our founders, take their ideas to market and work tirelessly to help them realize their vision.
For further information, please contact:
Brian Keane, Director
Investor Relations
Telephone: 1 (778) 806-5150 - TOLL FREE (877) 806-CODE (2633)
E-mail: IR@codebase.ventures
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