The Vancouver-based firm said Thursday that its subsidiary Alternative Medicine Association LC (AMA) signed a one-year licensing agreement with Five Star Group LLC to cultivate, manufacture and sell Five Star Extracts-branded products in the state.
AMA will manufacture Five Star products, including its exclusive flavored Double Shot line and flavored cannabis tinctures, which have already received approval from Nevada’s newly-formed Cannabis Compliance Board.
"We are excited to work with a team who shares the same high standards, passion and pride for crafting top quality cannabis products," 1933’s director of sales for brands and partners Jordan Stroum said in a statement.
"Five Star brings a differentiated approach to their product offerings with an innovative suite of products that are easy to consume, discreet and can be taken on the go.”
Five Star’s Double Shot line is a fast-acting beverage that contains 20 milligrams of THC in a variety of flavors. Its cannabis-infused tincture beverage enhancers allow users to mix and match flavours. Both products are unique to 1933’s brand offerings, according to Stroum.
"Five Star is very excited to expand the brands footprint in additional states with trusted and like-minded partners such as 1933,” said Jason Winkler, Five Star’s CEO.
“We are looking forward to having our Five Star quality product lineup and executing the same marketing initiatives we pride ourselves on within Nevada."
Contact Angela at email@example.com
Follow her on Twitter @AHarmantas