- High Fusion (FUZN) has signed a distribution agreement with Punch Edibles
- Punch Media LLC have agreed to distribute High Fusion’s products through its subsidiary, Punch Edibles to approximately 300 stores in California
- High Fusion expects to achieve adoption in approximately 200 dispensaries over the first a year of the agreement
- High Fusion Inc. is primarily focused on developing cannabis products for medical and adult recreational use
- High Fusion Inc. (FUZN) opened trading at C$0.06 per share
High Fusion (FUZN) has signed a distribution agreement with Punch Edibles.
Punch Media LLC has agreed to distribute High Fusion’s products through its subsidiary, Punch Edibles which sells to approximately 300 stores throughout California.
High Fusion, together with Punch, will be working to promote its award-winning OutCo-branded, vape products and expects to achieve adoption in approximately 200 dispensaries over the first year of the agreement.
“This is a perfect match for us,” stated Lincoln Fish, President of OutCo. “Unlike many distributors that work with dozens of companies and hundreds of SKU’s, Punch moves only their own product and a few other complementary brands. There will be no overlap and it will provide their team a chance to get to know our products intimately and sell the unique advantages of our offerings.”
“I wouldn’t be surprised if we see substantial adoption by dispensaries within a year,” added Fish. “50-75% of current Punch dispensary accounts could drive significant revenues. Punch has that kind of relationship with its stores, and once people try an OutCo product, they generally come back for more.”
Andrew O’Donnell, CEO of Punch, commented on the deal.
“Punch is excited to bring on Outco’s catalogue of premium products, as it falls in line with our model of providing the best products at affordable prices. While other companies look to cut corners, Punch and its affiliated brands are always willing to go the extra mile. We feel that Outco’s premium products are a perfect complement to our award-winning portfolio.”
High Fusion Inc. is primarily focused on developing, acquiring and designing products and brands in the marijuana-infused edible products and oil extracts sectors for medical and adult recreational use.
High Fusion has manufacturing, retail and grow operations in California through its acquisition of the business of OutCo and owns and operates oil extraction and edible manufacturing facilities in Colorado and Oregon.
High Fusion Inc. (FUZN) opened trading at C$0.06 per share.