MariMed's Kalm Fusion branded line of cannabis-infused products is all-natural precisely dosed products that let users select the speed at which cannabis therapies are delivered through the body
Friday Night Inc () has entered into an exclusive licensing deal to produce MariMed THC (tetrahydrocannabinol) products.
The products include MariMed's unique sub-lingual Melts product line, a THC and CBD (cannabidiol) Mints line, Kalm Corn products and the Betty Eddies and Berry Bombs lines of products.
MariMed's Kalm Fusion branded line of cannabis-infused products is all-natural precisely dosed products that let users select the speed at which cannabis therapies are delivered through the body, Friday Night explained.
Alternative Medicine Association (AMA), a Friday Night company, will produce and distribute these and other MariMed products using its proprietary processes and distribute these products to all dispensaries in Nevada.
Additionally, AMA has entered into a separate letter of intent (LOI) with MariMed on behalf of the latter's client, Harvest Foundation, a Nevada cultivation licensee for medical and recreational cannabis, to operate and manage the 10,000-square-foot grow facility, which, as luck would have it, is located adjacent to the current AMA facility in Las Vegas, Nev.
Under the LOI, AMA will manage the Harvest Foundation cultivation and will purchase all of the trim and flower produced at a fixed cost per pound. The trim will be used to produce oil, some of which will be used to infuse the products manufactured for MariMed and the remaining to be used for AMA products.
“MariMed has a reputation for exact dosing delivered in unique, convenient packages for both medicinal and recreational uses. They are perfect for this rapidly expanding market in Las Vegas and throughout Nevada," said Mark Zobrist, managing partner at AMA.
In an unrelated announcement, Friday Night said Watt, described as having “a talent for developing, launching and managing businesses”, has been appointed executive vice president.
Friday Night said Watt has played a significant role in the transition of several organizations experiencing rapid growth in highly competitive markets.
