California-based edibles specialist Bhang Inc.
The firm is named after an edible preparation of cannabis originating on the Indian subcontinent and it produces a range of cannabis, hemp-derived CBD and terpene products. They include chocolates, pre-rolls, vapes, gums, beverages, gummies, and mouth sprays, and it has been supplying American dispensaries and retailers since 2010.
It has now tied up a three-year distribution agreement with Barcelona-based CHK Solutions, a leading wholesaler of hemp and CBD products. CHK will distribute Bhang’s hemp-based CBD products into Spain, France, Italy, Belgium, and Luxembourg.
Bhang has agreed to a separate deal with UK-based ecommerce retailer Winchester MD for its CBD lines. Bhang cited research from Prohibition Partners stating that there are more than 15 million users of cannabis-derived and hemp-derived products in these six European nations, and sales are expected to rise to $67 billion across the six countries by 2028.
“We spent nine years building Bhang as a market-leading brand in the U.S. and with this strategic distribution and supply agreement in place, we intend to serve these high-growth markets and position Bhang as a leading CBD player throughout Europe,” said founder, chairman and chief executive Scott Van Rixel
He claims that the business receives multiple requests from outside the U.S. each week for its products. It is now pursuing opportunities in Asia, but Van Rixel said it will be selective and strategic when choosing international distributors.
Another American firm expanding across the globe is Denver-based United Cannabis
United Cannabis has gained a permit from the country’s Health Services Authority and it will now begin shipping products there from Denver. It is building a facility in Jamaica and when that comes online it will serve the Cayman Islands.
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