Luxury cannabis brand Binske is launching cannabis-infused coffee products in collaboration with Intelligentsia Coffee. A popular specialty coffee brand, Intelligentsia will provide its coffee beans for Binske’s new line of coffee-inspired products that are expected to hit the shelves in January.
First products? Edibles.
Binske's new coffee-infused chocolate bars will be the latest addition to a robust line of premium cannabis chocolate products in the company’s portfolio, all of which are made with one of the rarest, most prized varieties of cacao, exclusively sourced by Binske from the heart of Peru.
"Growth and innovation are at the core of our business, and we're always looking to up the ante - so, stepping into the world of coffee with such an innovative brand like Intelligentsia is an incredibly exciting next chapter for us," Binske's founder, chairman and CEO Jacob Pasternack said. "Since the cannabidiol-infused food and beverage market is expected to reach an impressive $5.9 billion in the next five years, we're looking to capitalize on opportunities to expand and enhance our offerings in the category."
Coffee-infused chocolate bars will be available at retailers in Colorado, Nevada and California to start.
"Cannabis and coffee are the ultimate combination, packing a one-two punch of flavor and feeling, and we're excited to tap into this new market with a partner that has a passionate and loyal customer base like our own," said Alex Pasternack, an executive vice president at Binske in a statement.
More recent news from Binske:
Exclusive: Trulieve To Carry Binske THC Tinctures In Florida Dispensaries
Six Labs Launches binske Products In Michigan
Binske Cannabis Brand Signs $55M Licensing Deal With Six Labs, Michigan 'Is In For A Real Treat'
Photo: Courtesy of Binske
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.