Green Market Report, February 1, 2021
Merida has teamed up with SLANG Worldwide Inc., an industry leader in cannabis consumer packaged goods, to speed up Slang’s expansion in both new and existing markets. The partnership will leverage Merida’s portfolio to expand SLANG’s branded products into Missouri and Virginia, while also accelerating the company's retail distribution in Michigan.
Slang's portfolio consists of six distinct brands -- including O.pen, Bakked, District, Pressies, Lunchbox Alchemy, and Firefly -- and a product portfolio of 65 SKUs that have a proven track record of success.
“Merida is excited to welcome SLANG to our ecosystem of 50+ cannabis companies," said Merida Managing Partner Mitch Baruchowitz, "and tap their brand expertise to expand the product offerings of our licensed medical operators in Virginia, Missouri, as well as 3Fifteen Michigan which currently boasts a leading retail footprint in the state. Our investment and partnership should remove friction from SLANG’s state by state expansion and help drive acceleration of their national brand presence.”
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