Voyager has opened its first physical CBD product store to fill a gap for underserved CBD consumers in the UK.
Health and wellness company Voyager has opened its first physical retail store in St. Andrews, Scotland, which aims to serve CBD consumers with high-quality products.
The 655 square foot Voyager store is situated on Market Street and will sell a range of CBD and hemp products, many of which, Voyager says, will be exclusive to the store.
Underserved UK high streets
The store opening follows Voyager’s recent strong retail momentum, which has seen the company enter into a distribution agreement with D. Atkinson Herbalist & Clinic, Scotland’s oldest herbalist, trading as Napiers. D. Atkinson will stock the full range of Voyager products as part of the exclusive deal that covers Edinburgh for an initial three months.
The store will also provide takeaway coffees and teas with the option to add CBD, and in line with its opening, Voyager has expanded its CBD product range with six new items, with a further seven being in the final stage of manufacturing.
CEO and founder of Voyager, Nick Tulloch, said: “Opening our first physical retail premises in a prime location is an important milestone for the company. It complements both our existing online sales presence and our growing number of trade accounts, and we are confident our St Andrews operation will serve as a useful blueprint for future moves in this space.
“Although it is early days, the store traded strongly and profitably from the start, supporting our belief that the UK high streets are underserved by high-quality CBD sales outlets.
“As well as the new ability to reach a strong customer base directly through our own store, the new strategic partnership agreed with D. Atkinson Herbalist & Clinic underlines the significant appetite for our products. Our alignment with this well renowned Edinburgh business is a strong endorsement and we are working hard to secure further deals of this type as part of our ambitious growth strategy.
“We were clear to investors at the time of our IPO that our immediate plans were to establish a platform from which to accelerate the Company’s development after the holiday months. With our new store, distribution partnerships, growing product range and extended sales team, we have put that platform in place and we look forward to providing further updates.”
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