Shopify Powers New Era of Retail for U.S. CBD Businesses
17 September 2019 - 9:00PM
Business Wire
Enables U.S. merchants, from entrepreneurs to
enterprises, to capitalize on rapidly growing market
opportunity
Shopify Inc. (NYSE:SHOP)(TSX:SHOP), the leading multi-channel
commerce platform, today announced new features on its platform to
help U.S. merchants sell hemp and hemp-derived Cannabidiol (CBD)
products online or in brick-and-mortar retail locations, where
permitted by law. Starting today, U.S.-based retailers of all sizes
can start and grow their businesses by selling select hemp or
hemp-derived CBD products using the trusted commerce platform that
powers more than 800,000 merchants globally.
“Shopify has unmatched expertise in emerging industries, along
with the resources merchants need to be successful in the
fast-growing market of hemp-derived CBD products in the U.S.,” said
Harley Finkelstein, Chief Operating Officer, Shopify. "Shopify's
reliable technology and extensive partner network means that
businesses can ride the wave of demand for these products and give
consumers more choice.”
Shopify now offers merchants including Josie Maran and Cannuka a
reliable commerce platform to sell hemp-derived CBD products,
positioning them to succeed in one of the fastest growing regulated
industries in America. Merchants can take advantage of Shopify’s
powerful retail operating system, leveraging commerce tools to
start, manage, and grow their business from a single backend.
Benefits include:
- Online Store Design Experience: In
as little as an hour, merchants can create a stunning online
presence with Shopify’s store builder or add hemp-derived CBD
products to an existing store. - Reliable Payment and Shipping
Providers: Shopify has partnered with several payment and
shipping providers so merchants can sell hemp-derived CBD products
online and in-person and ship to customers safely and securely. -
Smart Marketing: Merchants can build smarter campaigns with
the tools available in Shopify’s marketing section to help buyers
discover their store and hemp-derived CBD products. -
Customizable Shipping Profiles: Merchants can create
shipping rules based on customer location and type of product,
giving businesses control and shoppers visibility into the most
accurate shipping prices before checkout. - Fully-integrated
Apps: Merchants can leverage more than 2,500 apps, from
marketing to accounting to inventory management, to optimize their
store with custom features and functionality right within the
Shopify platform. - Exceptional Support: Shopify’s
award-winning support team is available to U.S. merchants to help
them set up and operate their store with confidence.
“This is an exciting time for the CBD skincare industry.
Consumers are eager to connect with us and try our Skin Dope
products. Until recently, we didn’t have a simple solution to
manage and sell our CBD Oil and Hemp Seed Oil assortment online,”
said Roger Wason, Director of eCommerce for Josie Maran Cosmetics.
“Shopify has helped us focus more on our relationships with our
consumers and growing our business.”
Today’s announcement furthers Shopify’s commitment to retail
innovation and extends its efforts in Canada, where the company has
enabled merchants to sell CBD products since 2018. Now, U.S.
retailers can access the powerful customizable, secure platform
that allows them to compete in the growing hemp-derived CBD
industry.
For more information, please visit
www.shopify.com/sell/cbd/.
About Shopify Shopify is the leading multi-channel
commerce platform. Merchants use Shopify to design, set up, and
manage their stores across multiple sales channels, including
mobile, web, social media, marketplaces, brick-and-mortar
locations, and pop-up shops. The platform also provides merchants
with a powerful back-office and a single view of their business,
from payments to shipping. The Shopify platform was engineered for
reliability and scale, making enterprise-level technology available
to businesses of all sizes. Headquartered in Ottawa, Canada,
Shopify currently powers over 800,000 businesses in approximately
175 countries and is trusted by brands such as Unilever, Kylie
Cosmetics, Allbirds, MVMT, and many more.
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version on businesswire.com: https://www.businesswire.com/news/home/20190917005210/en/
INVESTORS: Katie Keita Senior Director, Investor Relations
613-241-2828 IR@shopify.com
MEDIA: Julie Nicholson Director of Communications 416-238-6705
(ext. 302) press@shopify.com
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