Petalfast's Arizona Acquisition Forges Path For New Cannabis Brand Partnerships
Cannabis sales and distribution platform Petalfast announced on Thursday the acquisition of the sales and distribution subsidiary of Arizona-based Flow Distribution. Founded in 2017, Flow has been operating from Phoenix as a cannabis cultivator, manufacturer and distributor. It collaborated with several California cannabis brands such as Stiiizy, Wana and 22 Red, providing statewide sales coverage, marketing, warehousing and logistics services. The acquisition is expected to result in a "robust suite of distribution services to new and existing brands who wish to service their valued retail partners and scale efficiently and effectively," Petalfast said in a press release. The terms of the deal were not disclosed.
