Zinger Key Points
- The Cannabist partnership enhances COAST’s footprint, bringing high-quality edibles to medical and adult-use dispensaries.
- COAST's award-winning edibles now reach Maryland and New Jersey, expanding into key cannabis markets.
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The Cannabist Company Holdings Inc. (Cboe CA: CBST) CBSTF 3LP, a U.S. cannabis cultivator and retailer, announced Wednesday a new partnership with COAST Cannabis Co., a woman-owned cannabis edibles company. This collaboration will introduce COAST's award-winning infused chocolates and premium gummies to Maryland and New Jersey, expanding the Massachusetts-based brand's market reach.
COAST's products, known for their focus on wellness and quality, will feature The Cannabist's premium cannabis oil. The line includes artisanal, all-natural chocolates crafted with cacao sourced from South America as well as gluten-free, organic gummies. These products aim to offer consumers an elevated and mindful cannabis experience, with varying cannabinoid ratios and effects.
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Management Commentary
"We're excited to partner with COAST Cannabis Co. and bring their incredible chocolates and gummies to both Maryland and New Jersey. Their commitment to taste, quality, sustainability and wellness aligns with our values," said Catie Dunn, director of commercial partnerships at The Cannabist. Dunn highlighted the collaboration's focus on delivering consistent, high-quality edibles.
Read More: Cannabis Stocks Plunged After Florida Legalization Failed: Rational Reaction Or Market Overreach?
Angela Brown, co-founder and CEO of COAST also expressed enthusiasm. “We couldn’t be happier kicking off this partnership with The Cannabist Company,” she said. “Our products are crafted with care, from the quality of our ingredients to the impacts of our choices and this partnership helps us expand that commitment to new customers who are searching for the best quality cannabis products.”
Partnership Boosts Retail, Distribution Access
In the coming months, COAST's chocolates and gummies will be available at gLeaf and Columbia Care locations in Maryland, as well as at Cannabist dispensaries in New Jersey. The products will also be distributed through wholesale channels, broadening access for consumers in both medical and adult-use markets.
This partnership marks a significant step in expanding COAST's footprint and diversifying The Cannabist's product offerings.
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