|1933 Industries now has a licensing agreement (the ‘Agreement’) between the Company’s subsidiary, Alternative Medicine Association LLC (“AMA”) and Capna Intellectual, Inc., developer of The Bloom Brand (“Bloom™”). The one-year agreement was executed in December and received state approval in January, and awards AMA the exclusive license to manufacture a wide range of Bloom™ products for the Nevada market.|
Established in California in 2014, Bloom™ is now sold in over three hundred licensed retailers in California, Nevada, Washington and New Mexico, with further expansion planned for new markets in Oklahoma, Massachusetts and Canada.
In 2015, AMA was the first licensed cultivator in Southern Nevada. Today, AMA continues its tradition of cultivating craft cannabis in a newly-constructed, state-of-the-art, purpose-built facility in Las Vegas, offering consistency and scalability. Well-known for its premium quality cannabis products, AMA produces a variety of THC concentrates, as well as oils used in vape pen cartridges, with a variety of terpene profiles for flavours and aromas.
“Our companies focus on end-use cannabis products that provide the highest quality ingredients and that are safe for consumers”, remarked Ms. Ester Vigil, President of 1933 Industries. “Our goal is to expand beyond our proprietary AMA products and represent the very best cannabis brands in Nevada, offering a full suite of differentiated product lines. Bloom™ is a brand we have been watching for some time, waiting for the opportune time to work together. We are impressed by the professionalism of the Bloom™ team and we are proud to represent such a highly rewarded brand in Nevada”, Ms. Vigil continued.
Providing an experience that is as close to the cannabis plant as possible and delivered in a tasteful and convenient way, the Bloom™ licensed products include:Bloom™ Vape – Original vapor method available in a 500mg cartridgeBloom™ One – Disposable vapor method providing the same flavorful experience in a smaller, 350mg preloaded, disposable packageBloom™ Dart – Pod vapor method includes CCELL’s advanced ceramic heating elements for greater oil absorptionBloom™ Drop – Oil infusion method comes with 800mg of oil with pre-activated THC. The oil can be added to flower, dabs or for infusing food for instant effectsBloom™ Kit – Pocket-sized vape battery for Bloom cartridges, featuring a sleek buttonless design, which activates as one inhales
Bloom™ products do not contain any additives, PG, VG, or vitamin E Acetate.
“Consistency is at the core of everything we do, so it was integral for us to find the right partners to act as an extension of our vision,” said CEO and co-founder of Bloom™, Mr. Vitaly Mekk, “We are thrilled to begin this partnership with 1933. Their extensive cannabis history and experience in Nevada give us confidence that we will be able to achieve our goals together.”