Zinger Key Points
- The Cannabist Co. is expanding its partnership with Revelry Herb Co., an artisan-quality flower and pre-roll brand.
- The expansion into the Maryland, Ohio, Pennsylvania and New York markets follows a recent collaboration in New Jersey and Massachusetts.
- The Cannabist's CEO Jesse Channon will join other top cannabis industry experts at the Benzinga Cannabis Capital Conference in FL.
- Today's manic market swings are creating the perfect setup for Matt’s next volatility trade. Get his next trade alert for free, right here.
The Cannabist Company Holdings Inc. CBSTF 3LP is expanding its partnership with Revelry Herb Co., an artisan-quality flower and pre-roll brand launched by the creators of Revelry Supply.
The expansion into the Maryland, Ohio, Pennsylvania and New York markets follows a recent collaboration in New Jersey and Massachusetts, Jesse Channon, president of The Cannabist Company, said.
"We've experienced remarkable success with Revelry in just a short amount of time since launching in New Jersey and Massachusetts and the feedback we are getting from our patients and customers has been off the charts," Channon said. "We are especially honored to be their trusted cultivation, production and manufacturing partner delivering top-quality flower strains from our facilities across all our markets for this expansion."
Channon is joining a slew of other top CEOs, executives and industry stakeholders at the Benzinga Cannabis Capital Conference this month which returns to Florida on April 16 and 17. He will analyze the latest economic indicators affecting the cannabis market’s health, trends and investment potential.
Join us at The Diplomat Beach Resort for the go-to cannabis event of the year.
See also: Evolving Cannabis Retail: The Cannabist Company’s Rebranding Strategy Unveiled
Meanwhile, through the newly expanded collaboration, The Cannabist Company supplies a curated collection of strains for Revelry's flower and pre-roll offerings.
The products are currently available in Massachusetts and New Jersey and by mid-April they will reach shelves in Pennsylvania at the company's three Columbia Care dispensaries and across the state through its wholesale channels.
"The warm welcome from customers and retailers in New Jersey and Massachusetts has been very encouraging as we build momentum for our continued expansion in the region," Eric Hammond, president of Revelry, said. "We love that our brand and our passion for enhancing life's experiences through cannabis is quickly resonating with customers here on the East Coast."
Products will also launch in Maryland, New York, and Ohio in the coming months, pending regulatory approval.
CBSTF Price Action
The Cannabist Company's shares traded 3.0110% lower at $0.3511 per share after the market close on Tuesday afternoon.
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