Strengthening its existing relationship with Trulieve Cannabis Corp (OTCMKTS:TCNNF), Slang Worldwide Inc (OTCMKTS: SLGWF) introduced O.pen Cured Resin products to the medical patients in Florida.
CEO of Trulieve, Chris Driessen, said the company established itself as a vital player in offering premium and best cannabis products in Florida. The company is pleased to bring more products to satisfy medical patients’ needs in Florida using its relationship with Slang.
Top performing products
O.pen cured resin, the premium vape line, is one of the best performing products. Chris said he expects similar demand for O.pen Cured Resin products at its dispensaries from Panhandle to Key West. Slang also offers cartridges and O.pen Cured Resin batteries.
The medical cannabis customers in Florida can purchase O.pen Cured Resin products from 73 licensed dispensaries of Trulieve. O.pen Cured Resin is available in half-gram size. It comprises terpenes derived from pure cannabis to offer a flower-like experience to the consumers. Slang also plans to expand its product offerings to additional key markets.
Reliable and safe formats
CMO of Trulieve, Valda Coryat, said providing natural relief in safe, innovative, and reliable formats to the patients is its key objective. He is excited to expand the product to consumers and patients, who expects premium and best-in-class products at affordable rates from its dispensaries.
According to BDS Analytics, O.pen Cured Resin is the best-selling product and occupies the US’s second slot. The end users can enjoy the best class vape experience because these terpenes are derived from high-quality cannabis.
Signs a partnership deal with Merida Capital Holdings
Slang entered a pact with Merida Capital Holdings to expand its products in both the new and existing markets. It also announced Merida-led non-brokered private placement to mobilize CAD 10 million to support growth.
EC of Slang, Peter Miller, said entering a pact with Merida, a US-based cannabis investor, exemplifies its business strength and surging demand for its cannabis product line. He further said that the investment from such a strategic partner helps the company introduce more innovative products to new consumers.
Slang will expand its product line into Virginia and Missouri, leveraging the portfolio of Merida. The deal also helps the company to expedite its distribution in Michigan. As per the pact terms, Merida will acquire Slang’s common shares besides receiving compensation for accomplishing certain milestones.