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Hollister Biosciences Inc. and Heavy Brands Inc. Enter into Letter of Intent for Proposed Joint Venture Agreement

California’s most hash-infused pre-roll HashBone, is pleased to announce that it’s entered into a letter of intent to manufacture pre-rolls for some of the biggest names in rock and metal music.

VANCOUVER, BC, Aug. 5, 2020 /CNW/ – Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the “Company”, “Hollister Cannabis Co.” or “Hollister”) a diversified cannabis branding company with products in over 230 dispensaries throughout California, and over 80 dispensaries throughout Arizona, is pleased to announce that it has entered into a letter of intent (the “LOI”) to complete a Definitive Agreement (the “Agreement”) with Heavy Brands Inc. (“Heavy”), a rock and heavy metal lifestyle cannabis branding company.

Hollister Biosciences Inc. and Heavy Brands Inc. Enter into Letter of Intent for Proposed Joint Venture Agreement (CNW Group/Hollister Biosciences Inc.)

Hollister in connection with branding, production and sale of cannabis products primarily via collaborations with its roster of music artists. Hollister will grant to Heavy a limited license for use of its HashBone brand for incorporation into any packaging and/or logo design of products. Heavy will retain ownership of all co-brand designs.

Products will be introduced in time and will include separate product branding. Heavy will lead the marketing initiatives of the new products leveraging their unique access to the live music industry.  

Hollister co-brand products will be distributed exclusively by Hollister’s distribution partner, Indus Holdings Inc. (CSE: INDS), with the first product anticipated to be ready for distribution by October 1, 2020.

Dez Mitchell, head of Product Development from Heavy shared: “We are so thrilled to begin our partnership with Hollister and cannot wait to launch our first products together this fall.  For our Heavy Grass family, music and cannabis go hand in hand.  We have been fortunate to get to know Carl and his team over the last year and they have proven to uniquely understand our vision.  We are excited to show the world what we’ve been working on together.”

Carl Saling, also shared: “Music and cannabis have gone together for so many years; and lately, for the most part, it’s been all connected to rap and hip hop. I have always wanted to bring more attention to cannabis and connect with fans of heavy metal in a truly authentic way.

Hollister and Heavy Grass will be bringing to market.”

Southern California lifestyle cannabis branding and marketing company building globally recognized cannabis lifestyle brands based in Los Angeles.  It’s flagship brand, Heavy Grass, has grown organically by connecting hard rock and heavy metal fans to cannabis products that speak to their lifestyle.  Additionally, Heavy Grass releases a seasonal line of apparel that is worn by some of the largest rock artists and fans around the world.

https://getheavy.com/” data-reactid=”38″>Website: https://getheavy.com/

Hollister uses a high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Biosciences Inc. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with concentrates (shatter, budder, crumble), distillates, solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products.  Our wholly-owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker”.

www.hollistercannabisco.com” data-reactid=”45″>Website: www.hollistercannabisco.com

“Carl Saling”

CEO and Director

http://www.prnewswire.com/news-releases/hollister-biosciences-inc-and-heavy-brands-inc-enter-into-letter-of-intent-for-proposed-joint-venture-agreement-301106547.html” data-reactid=”63″>View original content to download multimedia:http://www.prnewswire.com/news-releases/hollister-biosciences-inc-and-heavy-brands-inc-enter-into-letter-of-intent-for-proposed-joint-venture-agreement-301106547.html

SOURCE Hollister Biosciences Inc.

http://www.newswire.ca/en/releases/archive/August2020/05/c5383.html” data-reactid=”93″>View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2020/05/c5383.html

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