Public company, Hollister Biosciences CEO and Tommy Chong Representative Chats with Positive Phil about Business, Cannabis and Entrepreneurship in a HUGE industry.
PositivePhil.com Inc. and PositiveStocks.com, the premier financial information website for small cap investors, announce a new audio interview airing on iHeart Media, Spotify, Itunes, Google Podcasts, StictherFM, Pandora and on over 300 digital channels.
The interview can be heard at: www.positivestocks.com
Carl Sailing Founder and CEO of Hollister Biosciences along with Tommy Chong’s representative ( Danny ) joined Positive Phil and his listeners to chat about Cannabis, Business and Entrepreneurship.
Seasoned business leader with 30+ years of experience. Entrepreneur, CEO, and investor.
As CEO he has led his previous company to be acquired by a publicly traded company. His passion for Medical Cannabis is fueled by the benefits of cannabis in fighting many diseases.
Hollister Biosciences to Manufacture and Distribute Tommy Chong’s Cannabis™ Full Spectrum Elixir 1:1
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The California cannabis industry is the largest in the world, but there is no clear-cut leader in The Golden State. State-wide distribution, from San Diego in the south to the pot mecca of Humboldt in the north, is expensive and difficult to establish. Most producers in the state are opting to instead focus on establishing their brands in a few select regions of the state. One new player in the industry has partnered with a famous cannabis user, activist and influencer to bring a celebrity-branded THC & CBD tincture products to market.
Hollister Biosciences is on the Rise
Established in 2017, Hollister Biosciences (CSE: HOLL) (FRA: HOB) is a cannabis and hemp producer located in Hollister, California, a small farming town just south of the San Francisco Bay Area. The company intends to use vertical integration, statewide distribution and leading brands in high-margin segments of the industry to become a dominant player in The Golden State. Management has decided to focus on developing leading cannabis and hemp brands, as opposed to focusing on retail stores. This strategy should allow them to run a leaner and tighter company that’s not bogged down by the capital requirements of opening their own dispensaries.
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About Hollister Biosciences Inc
Hollister Biosciences Inc. is a California based vertically integrated cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality California-grown cannabis and hemp products. Hollister uses a vertically integrated, high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Cannabis Co. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products. Our wholly owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker.”
A Promising and Lucrative New Partnership
While Tommy Chong gained popularity for portraying a stoner, nowadays he’s much more focused on the medical aspects of cannabis. After the market closed today, it was announced that Hollister Biosciences and Tommy Chong signed a licensing deal allowing Hollister to manufacture and distribute Tommy Chong’s Cannabis™ Full Spectrum Elixer 1:1. The cannabis tincture has an equal ratio of THC to CBD.
“We are honored and excited to be partners with such a legendary and Iconic star as Tommy Chong. Tommy has experienced the medical benefits of cannabis and we are looking forward to working together to launch Tommy Chong’s Cannabis Full Spectrum Elixir into the California Legal Cannabis marketplace,” said Hollister CEO Carl Saling.
Chong is licensing the formula and brand to Hollister, who will manufacture and distribute (via WAYV) the finished product. The two parties anticipate production of around 25,000 units in the first year, with each bottle retailing for $70 allowing Hollister to generate potential revenue of $1,750,000 in the first year. Should the product sell well, expect management to increase production dramatically.
In discussing the new partnership with Hollister, Tommy Chong stated: “I only partner with the best-in-class companies and I am really pleased to have the Hollister Cannabis Co. bring their amazing Tommy Chong’s Cannabis™ Full Spectrum Elixir to the market for me”.
Learn more about Hollister: Website | IR Website
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