CannAmerica Announces That Its Licensee Launches Branded Products and Begins Online Hemp Product Sales
Ryan Allway
March 9th, 2021
News
VANCOUVER – TheNewswire – March 9, 2021 – CANNAMERICA BRANDS CORP. (“CannAmerica” or the “Company”) (CSE:CANA) (OTC:CNNXF) (CNSX:CANA.CN) is pleased to announce that on March 8th, 2021, its licensee, VIII Brands, LLC (“the Licensee”), a privately held company based in Colorado, launched the sales offering of Hemp Crave Gummies, a CannAmerica brand, into the online consumer marketplace across the United States.
VIII Brands, LLC is a hemp branding house started in 2019 for the purposes of introducing hemp-based cannabinoid CPG’s into major retailers across the United States where food, beverages, topicals and other consumption products are allowed. The Licensee launched wholesale and direct to consumer sales on its website, www.viiibrands.com of the CannAmerica branded confections, Hemp Crave.
Hemp Crave is the first of multiple lines of products included in the licensing agreement between the Company and the Licensee. Hemp Crave is a derived from hemp, THC-free edible line of products with a variety of cannabinoids and flavor profiles offered in multiple SKU’s as a consumer-packaged goods for wholesale and direct-to-consumer sales.
Other lines to be introduced in 2021 are Hemp Quench, a derived from hemp line of beverages with a variety of cannabinoids and flavor profiles in multiple offerings; and Hemp Soothe, a derived from hemp line of topical products with a variety of cannabinoids and multiple applications of topicals including salves, tattoo recovery products, balms, and creams.
“Our team is extremely pleased to announce the launch of our licensee’s online and wholesale stores, and are proud of the brand identity, presentation, and the formulation and product creation that we have licensed to VIII Brands, LLC for selling to the United States consumer and retailers,” said Dan Anglin, CEO and Co-Founder of CannAmerica. “Hemp Crave, Hemp Quench and Hemp Soothe are products that our team has been developing since 2018. The launch of the initial confection lines and the brand Hemp Crave is the culmination of science, data analysis, and creative efforts that we anticipate will be highly received by the American consumers of hemp and we anticipate major growth in our business because of the licensing agreement with VIII Brands, LLC.”
Anglin continued, “The focus of the Company for 2021 is increasing its footprint in both the cannabis and hemp marketplace, as well as increasing the management and operational control of its partners. We continue to move towards these goals with the introduction of these new products, and are considering all of our options afforded to the Company in the agreement with VIII Brands,LLC including its option to purchase the Licensee. The Company continues to make great strides towards these goals, and anticipates more announcements of developments in the second quarter of 2021.”
For further information please contact the Company at info@cannamericabrands.com.
Sincerely,
Dan Anglin
CEO / Director
CannAmerica Brands
(720) 689-4028
About CannAmerica Brands Corp.
CannAmerica is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada, Oklahoma, Massachusetts, and the Country of Canada. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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