Partnership will allow for large scale distribution of Green Lotus™ through Greenlane’s expansive distribution network
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. (NASDAQ: 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™.
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
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.”
About Green Lotus™
Lotus™ is a premium hemp oil brand that provides responsibly produced,
natural cannabinoid-rich products to consumers and businesses. The brand
is veteran-owned and powered by a diverse team dedicated to promoting a
world where the restorative power of hemp is accessible to all people.
For more information, please visit https://greenlotushemp.com.
About Greenlane Holdings, Inc.
(NASDAQ: GNLN) is one of the largest global sellers of premium cannabis
accessories, CBD and liquid nicotine products. The Company operates as a
powerful house of brands, third party brand accelerator and
distribution platform for consumption devices and lifestyle brands
serving the global cannabis, CBD, and liquid nicotine markets with an
expansive customer base of more than 11,000 retail locations, including
licensed cannabis dispensaries, and smoke and vape shops. Greenlane has
an established track record of partnering with brands through all stages
of product lifecycle, providing a range of services including product
development, go-to-market strategy, sales and marketing support, market
research, customer service, direct-to-consumer fulfillment, warranty
repair, supply chain management, and distribution. In addition to owning
and operating its own brands, Greenlane is the partner of choice for
many of the industry’s leading players including PAX Labs,
(Canopy-owned) Storz & Bickel, JUUL, Grenco Science, Firefly,
DaVinci, Select, Sherbinskis, Bloom Farms, Mary’s Nutritionals, Cookies
and dozens of others. Greenlane’s house of brands is comprised of
child-resistant packaging innovator Pollen Gear; VIBES rolling papers;
the Marley Natural accessory line; the Keith Haring accessory line,
Aerospaced & Groove grinders, and Higher Standards, which is both an
upscale product line and an innovative retail experience with flagship
stores at New York City’s famed Chelsea Market and Atlanta’s Ponce City
Market. The company also owns and operates Vapor.com,
an industry leading e-commerce platform which offers convenient,
flexible shopping solutions directly to consumers. For additional
information, please visit: https://gnln.com/.
About Freedom Leaf, Inc.
Freedom Leaf Health
is a first-in-class hemp consumer packaged goods company with a family
of trusted brands that provide premium hemp products for greater
wellness, balance and longevity. Green Lotus™ and IrieCBD are the
Company’s foremost brands, offering premium hemp oil products such as
topicals, tinctures, vapables, softgels and sparkling beverages. Freedom
Leaf Health is a fully reporting and audited publicly-traded company
trading under the symbol (OTCQB: FRLF).
For Green Lotus and Freedom Leaf:
Anthony Feldman / Nick Opich
KCSA Strategic Communications
(347) 487-6194 / (212) 896-1206
firstname.lastname@example.org / email@example.com
VP of Communications
Phone: (609) 638 -2558
Phil Carlson / Erika Kay
KCSA Strategic Communications
Phone: (212) 896-1233
Email: firstname.lastname@example.org / email@example.com
Scott Van Winkle
© 2019 GlobeNewswire, Inc.