Core One Labs (CSE:COOL,OTCQX:CLABF) announced on Tuesday (November 12) its distribution partner, Fenix Logistics, has delivered CannaStrips into eight new stores, bringing the total number of stores that carry the strips to 50.
As quoted in the press release:
CannaStripsTM is COOL’s innovative oral strip for effective buccal mucosal delivery of that is changing the way people consume cannabis. CannaStripsTM have most recently been distributed by DYME Distribution (“DYME”) which had a sales team covering the entire state of California. In a recent article put out by DYME’s parent company, the DYME announced downsizing the number of employees in order to restructure the company moving forward. COOL has decided on a non-exclusive distribution endeavour with Fenix Logistics out of Sacramento, CA (“Fenix”) to distribute both of the Company’s brands, Rêveur and CannaStripsTM. Fenix covers 150+ retail stores and delivery companies with seven sales representatives and has already landed CannaStripsTM into eight new stores. This is in addition to the stores already carrying both Rêveur and CannaStripsTM products on their shelves.