Cannabis Science Inc (OTCMKTS:CBIS) has decided to expand its licensing deal with Purple Haze Properties. As per the reports, it launched Jimi’s Cannabis Collection during Chicago Marijuana Business Conference. Andrew Pitsicalis, CEO, Purple Haze Properties represented various Cannabis Science products that were showcased during this expo.
Both, Purple Haze Properties and Cannabis Science are working together so that they can launch high-end cannabis products with the help of scientific genetics. These two are also planning to create an education platform to share important information with patients and doctors about cannabis research.
Insights On The Matter:
Purple Haze Properties has announced well in advance that it would be launching its one of the most awaited project i.e. Purple Haze Lounges in different parts of the world. At the national level, the company is targeting Los Angles and Denver as primary locations to hit the US market. Once the developmental activities at both these locations are finished, it is likely to turn towards Vancouver and Jamaica to initiate international locations.
The Purple Haze lounges will be equipped with restaurants, concert hall, charity foundation, VIP Membership and themed social areas. The primary objective of the company is to offer a memorable experience to performers and patrons. The properties are likely to have best in class video and music technology and have some of the best glass arts available in the country.
The company has decided to debut in the market with Jimi’s Cannabis Collection. The Chicago Marijuana Business Conference is the largest and oldest national level cannabis trade show; hence, the company expects that it will easily get the attention of thousands of potential customers. As per the reports, Jimi’s Cannabis Collection comprises of a wide range of collection of edibles, strains, and medical CBD topical cream.
The senior management team of Cannabis Science Inc (OTCMKTS:CBIS) considers it a win-win situation for both the companies.