Friday Night Inc. Expands into Colorado Cannabis Market

Published: June 10, 2018

Friday Night Inc. Expands into Colorado Cannabis Market

Friday Night Inc. announced that its subsidiary, Infused MFG has signed a 12-month licensing agreement with Denver Dab Company to produce the Company’s line of products in the state of Colorado.

Under the terms of the Agreement, DDC will manufacture and distribute Infused’s Canna Hemp CBD and hemp-based products on an exclusive basis to retail cannabis dispensaries in Colorado. Infused retains the right to sell its products directly to general retail stores in that State. DDC will manufacture Canna Hemp branded products including: CBD Relief Cream, body lotions, lip balms, disposable Vape Pens, Vape Cartridges, Elixirs and Capsules as well as Canna Hemp Paws pet products.

Well-known for its superior processing and testing standards, DDC is a producer of high quality concentrates and pure cannabis oil for the medical and recreational markets across Colorado. Since the state legalized industrial hemp production for commercial purposes in 2012, Colorado now accounts for more than half of the hemp production in the U.S. and represents a potential large revenue opportunity for Friday Night.

Chris Rebentisch, President and CEO of Infused said, “We are pleased to penetrate the most mature legalized cannabis market in the United States. Colorado boasts 518 licensed dispensaries and legal cannabis sales reached $1.5 billion in 2017, making the State the largest cannabis market in the US next to California.” He added, “DDC has set the standard in Colorado as their quality of extracts is unmatched. I believe that we could not have partnered with a better company.”