The Parent Company Holding Corp (NEO:GRAM.U) (OTCQX:GRAMF) (OTCPINK:GRMWF) said it has extended its product offerings with the launch of Fun Uncle Cruisers, full gram vape cartridges available in five popular strains; Lemon Jack, Strawberry Cough, Berry Gelato, SFV OG, and GG4.
The cannabis firm said the launch of Cruisers delivers on its promise of product economics resulting from the merger of California’s top cannabis companies under the firm earlier this year.
READ: The Parent Company sees its FY2020 unaudited revenue surge 76% to US$188M as cannabis sales momentum builds
The products will be available for California consumers through the firm’s omnichannel direct-to-consumer platform as well as its in-house distribution company which actively reaches over 450 dispensary accounts.
“Our strategy in forming The Parent Company was to maximize product margins by owning our own supply chain, and our initial product launch of Fun Uncle Cruisers executes against what we set out to do”, The Parent Company’s chief executive Steve Allan said in a statement.
“We are entering this category with the goal to be the clear category leader. With our extensive direct-to-consumer reach, a state-wide network of dispensary wholesale customers, large scale manufacturing capacity and access to raw materials, we have all the capabilities to achieve this goal. These new cartridges conveniently deliver a full gram of high-quality distillate at a very competitive price”, he added.
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