Irwin Naturals Inc. (CSE:IWIN) has announced a licensing agreement with JV 805 LLC, doing business as Hyphae Wellness, to manufacture, sublicense and distribute Irwin Naturals THC products throughout the US state of Oregon.
The company said the addition of Oregon means that Irwin Naturals THC products are headed to dispensary shelves in five of the 19 states where marijuana is legal for recreational use, including three of the top five markets in the country.
“Oregon is an important market for us, and (Hyphae Wellness CEO) Geoff Ostrove is a true pioneer in the industry,” Irwin Naturals CEO Klee Irwin said in a statement.
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“The team at Hyphae Wellness not only provides state-wide distribution but can also ensure the high-quality that Irwin Naturals customers expect in our products,” Irwin added.
Based in Eugene, Hyphae Wellness has state-wide distribution, working with more than 100 retailers across the state, according to the company.
Irwin Naturals noted that it previously reached licensing agreements for the manufacture and distribution of its THC products in California, Colorado, Ohio, New Mexico, and Michigan. The company added that its products are available in more than 100,000 stores in North America.
Irwin Naturals has been a household name and best-in-class nutraceutical company since 1994. On a mission to heal the world with plant medicine, it is now leveraging its brand in both the cannabis and psychedelics sectors.
Contact Sean at sean@proactiveinvestors.com