Award-winning cannabis brand portfolio Focused on US legal cannabis market growth Experienced management team What INDVR Brands does:
INDVR Brands Inc (CSE:IDVR) (OTCMKTS:CAAOF) (FRA:3YX), formerly known as Cannabis One Holdings, is a Colorado-based, Canada-listed company focused on the creation and distribution of unique and exciting brands in the legal US cannabis market.
Since August 2020, through new corporate objectives set out by the new board and management team, INDVR has become focused on growing its infused product brands and using those brands to expand its distribution reach to over 1,000 dispensaries across Washington, Oregon and Colorado.
Its award-winning Honu brand, meanwhile, encompasses edibles, including peanut butter cups, turtles, salted caramels, milk chocolate medallions, and other products. Honu also has a topical product line that includes bath bombs and skincare items.
INDVR also owns the well-known Cheech’s Stash line, three specific cannabis strains selected by American comedian Cheech Marin, one half of the famous Cheech and Chong comedy duo.
Other brands owned by the company include INDVR Stealth, a premium line of fashion-meets-function vaporizers, INDVR Strains and INDVR Fire, both of which offer a more discrete way to vape.
And while INDVR wants to bolster its business model nationally through the aggregation of premium cannabis brands and operations, it also envisions becoming a globally recognized house of brands with a portfolio of clients that offer award-winning products with extensive markets.
INDVR Brands is led by CEO Joshua Mann, founder of Calgary-based merchant bank Luminous Capital, who brings over a decade of capital markets and management experience across the cannabis and natural resource industries. He has also been involved in raising more than $3 billion in capital funding to date across the cannabis, psychedelic, energy, mining, and technology sectors.
How it is doing:
In March, 2021, INDVR announced that it had agreed to acquire “substantially all” of the assets