INDVR Brands Updates on Licensing & Re-Launch of Cheech’s Private Stash in Colorado
INDVR Brands, Inc. (CSE: IDVR), a leading cannabis brand house and infused products manufacturer, recently provided an operational update on its operations, including its transformation to a fully licensed manufacturer.
The company is in the final stages of processing the transfer of its Colorado production license from Bronnor Corp. to INDVR Brands’ US subsidiary, with the Strainz acquisition set to close in June 2021. With a state-of-the-art, GMP-rated, 25,000 square foot facility, INDVR will be one of Colorado’s finest Marijuana Infused Products (MIPs) makers (the Facility). Strainz, Bullet, HotBox, Cheech’s Private Stash, Smokiez, Ganjala, 7Sacred, and Millies, a 40-pack of 2.5mg cannabis-infused hard shell fruit chews, are among the popular infused goods produced at the facility. Bronnor presently produces over 100 SKUs across various brands, including edible candies, chocolates, vapes, and pre-rolls, and can handle both wet and dry processing for extracted oils, beverages, and edibles, as well as pill and dissolvable tablet production. As it establishes itself as a top-tier house of brands, INDVR is aggressively seeking the launch of various other items through the Facility in the near future. The licence transfer is expected to be completed in early spring 2022, allowing all income generated in Colorado to be consolidated onto the Company’s balance sheet.
Bringing an Iconic Brand Back to Life
Cheech’s Private Stash was just re-introduced to the Colorado market by INDVR, marking the company’s first new product launch since the Strainz acquisition earlier this year. Cheech’s Private Stash is a meticulously curated collection of high-potency pre-rolls and cannabis-infused fruit chews inspired by Cheech Marin’s childhood in East Los Angeles. Cheech’s Private Stash Pre-rolls are sourced from Colorado’s most recognized growers, ensuring a consistently rich and pleasant experience for customers. Cheech’s Private Stash provides something for everyone, with Sativas, Indicas, and Hybrids available. In addition, through connected licensed facilities and its distribution arm, the Company is striving to promote the brand to the Pacific Northwest.
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