Cannabis company Talarya Brands announced this week that it has acquired a state-of-the-art indoor cultivation facility, marking a significant advancement in production capabilities for its Cream of the Crop and West Coast Trading Company brands. This strategic acquisition is poised to substantiate the brand's production efficacy and fortify its market presence.
In addition, the company said it has closed a new financing round. Although the amount raised was undisclosed, management said the proceeds will be used to consolidate its market standing and facilitate sustained growth and stability.
With over three decades of experience in cultivation, Talarya Brands epitomizes innovation and superior quality, establishing a distinguished legacy of trust and excellence within the industry.
The acquisition of the advanced cultivation facility is instrumental in augmenting Talarya Brands’ operational stability by verticalizing a pivotal segment of its supply chain, thus ensuring perennial availability of preferred strains for consumers. Dustin Milner, CEO of Talarya Brands, said, "It is impossible to ignore the challenges our industry is currently facing, and yet we remain steadfast in our commitment to both our customers and the future of cannabis." He asserted that this strategic move, coupled with the ensuing fundraising, is reflective of their contrarian business model’s success and their relentless resolve to maintain quality and stability.
The imminent strain releases from Cream of the Crop and West Coast Trading Company are anticipated to offer a diverse portfolio, ranging from classic favorites to pioneering exotics, demonstrating Talarya's innovative spirit and mastery. Stay tuned for more on the company and the cannabis industry as a whole.
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