- INDVR Brands (IDVR) will manufacture Bhang’s (BHNG) cannabis edibles for the Colorado market
- The company will integrate Bhang’s portfolio through its relationship with Bronnor, a producer of infused cannabis products in the state
- Management anticipates production of Bhang SKUs to begin in January and is considering potential expansion into additional states
- INDVR is focused on growing its hemp and cannabis brands throughout North America
- Bhang offers a portfolio of over 50 master-chef-created cannabis, CBD and terpene products
- INDVR Brands (IDVR) is up by 50 per cent and is currently trading at $0.015 per share
- Bhang (BHNG) is unchanged trading at $0.08 per share
INDVR Brands (IDVR) will manufacture Bhang’s (BHNG) cannabis edibles for the Colorado market.
Bhang’s gourmet chocolates are among the top-selling edibles internationally.
INDVR will integrate Bhang’s portfolio through its relationship with Bronnor, a producer of infused cannabis products in the state.
Management anticipates production of Bhang SKUs to begin in January with revenue figures from the partnership coming in Q2 2022.
The companies are in discussions about expanding their partnership across the U.S.
“We are thrilled to be working with Jamie and the entire Bhang team. Bhang’s products are widely recognized, including the #1 selling cannabis chocolate in Canada,” said Hugh Hempel, INDVR’s CEO.
“Bhang was in Colorado for several years until a legislative change forced a pivot,” added Jamie L. Pearson, Bhang’s CEO. “I am honoured to partner with Hugh and the INDVR team to bring Bhang products back to Colorado. Experiencing the sophistication and competency they bring to operating cannabis manufacturing and distribution made this an easy decision.”
INDVR is focused on growing its hemp and cannabis brands throughout North America.
Bhang offers a portfolio of over 50 master-chef-created cannabis, CBD and terpene products.
INDVR Brands (IDVR) is up by 50 per cent and is currently trading at $0.015 per share as of 10:05 am EST.
Bhang (BHNG) is unchanged trading at $0.08 per share as of 10:42 am EST.
