DALLAS, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Rocky M
Post# of 75011
DALLAS and BOCA RATON, Fla., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Green Lotus™, a premium hemp oil brand, announced today a distribution agreement with Greenlane Holdings, Inc. (GNLN) (“Greenlane”). Greenlane is one of the largest global sellers of premium cannabis accessories and CBD products. Green Lotus™ (ECS Labs LLC) was recently acquired by Freedom Leaf Inc. (OTCQB: FRLF), a Nevada corporation, d/b/a Freedom Leaf Health.
Greenlane’s sizeable North American distribution network of iconic cannabis accessory and CBD brands reaches 11,000 retail locations across the United States, including licensed cannabis dispensaries and smoke and vape shops. The distribution agreement will add between three to four thousand potential new points of sale for Green Lotus™.
“Greenlane has a superior track record in working with established brands and broadening their market reach,” said Carlos Frias, Founder and CEO of Green Lotus™. “This deal builds on the existing demand we have generated through the hard work of our sales team, and it increases our scale as we continue to develop new product offerings. We’re proud to be working with such a reputable distributor to further solidify our footprint throughout the U.S. as we increase accessibility and awareness of our brand.”
Green Lotus™ combines farm-to-bottle purity with cGMP-processed formulas to deliver hemp oil products of unparalleled quality and safety. The brand has grown by an astounding 500% year-over-year since 2016, catapulted in part by its proprietary formulas and agile, vertically integrated supply chain. As a result of its rapid expansion from a Texas operator to a national distributor, the Green Lotus™ and IrieCBD brands collectively reach over 1,500 retail outlets across the country.
“We are continuing to build a portfolio of the most respected brands in the hemp CBD category through exclusive distribution agreements,” said Aaron LoCascio, Chairman and CEO of Greenlane. “We are proud to add Green Lotus™ to our suite of highly sought brands.”
GO RMHB,
Cheers