Green Medizin news

Colgate’s newest brand launches CBD product line

Just last month, Colgate announced an agreement to acquired Hello Products LLC. And this month the brand launched a collection of CBD oral care exclusively at Ulta Beauty.

Hello Products, an oral care brand based in New Jersey, launched its seven-product CBD line earlier this week, CosmeticsDesign reported.

Colgate announced in January an agreement to acquire the “naturally friendly” brand, citing its “strong appeal among younger consumers and across broad segments.”

Founded by Craig Dubitsky in 2012, Hello Products has goods in more than 44,000 U.S. retail locations.

The company’s CBD line consists of three toothpastes, two mouthwashes and two lip balms.

All contain broad-spectrum hemp oil and hemp extract from hemp grown by U.S.-based partner farms and were available at 1,190 Ulta Beauty stores beginning Feb. 1, the company said in a statement.

The Hello Products acquisition was a stock-and-cash deal and was expected to close no later than February 2020, Colgate said.

No other details about the deal were announced.

Colgate trades on the New York Stock Exchange as CL.

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