One of Europe’s largest CBD brands, Nordic Oil, has launched its first ever equity crowdfunding campaign
MUNICH, Germany, June 28, 2021 (GLOBE NEWSWIRE) — Nordic Health Group BV (Nordic Oil), the popular European CBD manufacturer, has launched its equity crowdfunding campaign on Seedrs, a UK-based crowdfunding platform. Running throughout July, the campaign marks the first time Nordic Oil has taken in external investments in its three year history.
With this milestone campaign, the company aims to generate funds that will be used to further the business’ expansion into new and emerging markets. Here, the company will accelerate its growth by accelerating its proven marketing strategies and adapting them for markets across Europe, the Far East and South America. Nordic Oil has always been a business driven by its customers, hence the decision to opt for a crowdfunding investment platform in which loyal customers can participate, rather than more traditional angel investors.
Since launching in 2018, Nordic Oil has grown exponentially, and to date, has taken in more than 35M€ in revenue. Today, the company has over 300,000 customers across 12 countries around the world, making it one of the largest CBD brands in Europe. With products ranging from CBD Oils and tinctures to softgels and isolates, Nordic Oil aims to make CBD accessible and understandable to everyone who can benefit from it.
With this campaign, launched in partnership with Seedrs, the Nordic Group aims to bring the benefits of its hugely popular products to an even wider audience. Backed by a history of product innovation and exceptional customer service, the campaign is set to propel Nordic Oil to become one of the major global players in the CBD market.
Alongside Nordic Oil, the Nordic Group also features a number of other brands including Nordic Cosmetics (a dedicated skincare line), NatuPet (providing CBD products for pets), and Sundt (a line of liposomal vitamins and supplements). All four brands are committed to providing industry-leading products and expertise to loyal customers around the world.
Nordic Oil Co-Founder Dannie Hansen said about the campaign: “We’ve been working hard to build this business and deliver the best possible experience for our customers. After recording strong growth in 2020, we’re looking forward to expanding even further off the back of this crowdfunding campaign.”