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HempFusion Wellness Inc.

11:52 AM EST - HempFusion Wellness Inc. : Reported financial results for the second quarter ended June 30, 2021. All dollars are stated in U.S. Dollars. Revenue increased 25% to over $1.2 million for Q2 2021 compared to $983,496 in Q1 2021 and increased 84% compared to $670,728 in Q2 2020. Gross profit was $232,417 or 19% of net revenue versus -19% in the prior year quarter, representing a 38% improvement reflective of more effective inventory management and improvements in managing production costs. HempFusion Wellness Inc. shares T.CBD.U are trading down at $0.23.