ManifestSeven Expands Distribution in California with Focus on Women Ahead of Public Listing
February 4th, 2020
App, Exclusive, News, Top Story
ManifestSeven is building California’s first integrated omnichannel platform for legal cannabis by merging compliant distribution with a retail superhighway. With a network of seven distribution facilities stretching from San Francisco to San Diego, the company offers cultivators and product manufacturers a unique venue for distributing and selling their products.
Over the past several months, the company has been making strategic acquisitions designed to expand distribution and accelerate its growth. The company already works with over 335 dispensaries and thousands of ancillary B2B clients, while holding 64 licenses across 11 major California markets on its own.
In this article, we will take a look at the company’s most recent acquisition and how it dovetails with its existing operations to further expand its reach, as well as its upcoming reverse merger with P&P Ventures Inc., enabling any investors to purchase a stake.
Expanding into Women’s Health
ManifestSeven recently announced the acquisition of Lady Chatterley Health, a San Francisco-based legal cannabis delivery service focused on high-end women’s products. Founded in 2015, the company has established a robust database of active retail customers in the highly-coveted Bay Area (San Francisco) market with a specific focus on women.
The Cannabis Consumers Coalition (CCC) found that just as many women consume cannabis as men. According to its 2017 survey, 53% of women have consumed cannabis compared to just 42% of men. The survey was both anonymous and covered all states, not just states with legal programs, representing potential future growth.
“With so many female cannabis consumers and business leaders, businesses need to ensure that their marketing strategies appeal to women when developing both business-to-consumer and business-to-business marketing strategies,” said Larisa Bolivar, author of the report.
Synergies with Weden & MyJane
ManifestSeven’s new acquisition will be integrated into its Weden retail business, which already offers storefront and delivery services throughout the country’s most populous state, California. In addition, the acquisition broadens the reach of the company’s MyJane subsidiary, which specializes in creating curated product boxes for women.
MyJane’s Sleep Box, a CBD curated cannabis gift set
“M7’s acquisition of Lady Chatterley Health is an enormous growth opportunity in a critical market, allowing us to directly service more than 640,000 residents over the age of 21, as well as the tens of millions of visitors who come to San Francisco every year,” says Chief Operating Officer Pierre Rouleau. “Delivery is a cornerstone of our range of services, and this highly-scalable asset further expands our reach across California.”
The company provides all of its services through a single platform accessible at 1-800-CANNABIS, enabling it to become a kind of Amazon.com of legal cannabis by melding complex logistics with an easy-to-use customer experience. After California, the company plans on expanding into Arizona, Illinois and other legal states.
MyJane Helps Prevent Human Trafficking
ManifestSeven subsidiary, MyJane, recently launched a cause-marketing relationship with the social enterprise International Sanctuary in recognition of Human Trafficking Prevention Month. As part of the new relationship, the company purchased more than 1,000 pieces of its PURPOSE line of jewelry handcrafted by survivors of human trafficking, and incorporating these into its newest collection of curated cannabis boxes for women.
“For a wellness business created by women, for women, I can think of no other social cause more worthy of our support than one that makes a difference in our own backyard here in Orange County and that aligns with our authentic commitment to empowering women,” MyJane President Helene Blanchette.
MyJane President Helene Blanchette
The company plans on releasing a number of new curated box collections throughout 2020, featuring a full assortment of pieces from Sanctuary’s PURPOSE line, ranging from small bracelets to 14-carat plated necklaces.
This endeavor is MyJane’s first philanthropic initiative under the leadership of Blanchette, a former Xerox Corp executive who assumed the role late last year.
ManifestSeven is planning to go public on the Canadian Securities Exchange (CSE) in the near-term through a reverse merger agreement with P&P Ventures Inc. Investors interested in the company may want to keep an eye on the process since it could provide them with an opportunity to invest in the company as it continues to expand throughout California and around other major markets.
In addition, investors will be watching for ManifestSevento become cash flow positive in 2020, an elusive goal for many cannabis companies. CEO Sturges Karban believes that will happen during the first half of the year, with a substantial increase in revenue numbers, powered by strategic acquisitions
CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on https://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
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.
Follow Us on Social Media
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.