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News analysis

All time high in sales for CBD’s new player Turning Point Brands

Written by || 21st March 2019 || News analysis | Companies | GeographiesKentucky North America United States

An e-cig company that has recently entered the CBD arena has reported an annual sales increase of more than 16%, according to its latest report.

Turning Point Brands (TPB) had a net sales rise of 16.4% to  $332.7m, while gross profit increased 14.1% to $142.6m, both of which represented a new all-time high for the company.

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This article was written by one of CannIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual cannabis and cannabinoid markets. For a full list, please see our Who We Are page.

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