Rebrand is part of previously announced strategic transformation
Unveiled new name, logo aligned with commitment to 'House of Brands' strategy
[Announced stock ticker change to 'YOUR' effective December 16, 2021]
VANCOUVER, BC, Dec. 14, 2021 /PRNewswire/ - Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the "Company" or "Hollister") today launched its previously announced rebrand to YourWay Cannabis Brands Inc. ("YourWay Cannabis Brands" or "YourWay").
Hollister, with cannabis operations in California and Arizona, has completed an extensive rebranding to align with the Company's strategic corporate transformation and renewed corporate vision. At the heart of the rebrand is the change of the Company's name to YourWay Cannabis Brands. This update is tied directly to the Company's revamped strategic commitment to creating intuitive brands, releasing thoughtful products, and working intentionally to create a 'House of Brands' that caters to every moment in a consumer's life.
"As a pioneer in the industry, I've experienced a magnitude of evolution over the past few years. From watching brands that seemingly hatched overnight flood the market to seeing companies attempt differentiation through product innovation," said Jake Cohen, Chief Executive Officer, YourWay Cannabis Brands. "The one thing that has been missing, is an organization committed to truly putting the consumer and their cannabis needs first. Our focus at YourWay is to provide the consumer with the right brands and the right products for every occasion so they can maximize the quality of their experience each time they interact with the product."
YourWay Cannabis Brands was built with one simple driving principle in mind: to keep the consumers' needs and wants center-stage with every decision they make. Our mission is to build a comprehensive house of brands that consumers relate with – regardless of their relationship with the plant – ensuring every individual has brands that enhance each occasion, and products that fit their lifestyles.
"Having worked with the world's most prominent brands for over 30 years, we know what it takes to be a truly consumer-centric business, and how to create a portfolio of brands that intuitively revolve around the needs and wants of consumers," said Chris Lund, Chief Commercial Officer, YourWay Cannabis Brands. "We believe the next big cannabis breakthrough won't only come from the pursuit of the highest potencies, new strains, or product innovation, but through creating powerful brands that consumers feel connected to."
A dedication to creating a family of brands that consumers can see themselves in will guide the creation and release of a thoughtful suite of occasion-based branded products that management believes will garner increased basket sizes for retailers. The new and dynamic YourWay leadership team has a profound understanding of industry dynamics and consumer psychographics, utilizing decades of brand-building expertise and integral insight on the customer experience to develop brands that fill current gaps in the marketplace.
With its strong balance sheet and refined strategy for success, YourWay believes it is poised to take the industry by storm.
The Company also announced effective December 16, 2021, its shares will trade on the Canadian Securities Exchange ("CSE") under the symbol "YOUR". In the interim, shares will continue to trade under "HOLL" on CSE, "HSTRF" on OTC Market Group, and "HOB" on Frankfurt Stock Exchange. No action is required by existing shareholders with respect to the ticker symbol change.
About YourWay Cannabis Brands
YourWay Cannabis Brands is a publicly traded multi-state operator with sales and operations in 350+ dispensaries across the Western United States. Through building their own brands, partnering with others, and providing white-labelled product, they are dedicated to expanding their reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.
YourWay aims to connect with the cannabis consumer on a deeper level, utilizing decades of brand-building expertise and an integral understanding of the customer experience to create an intuitive suite of branded products that closely aligns with consumer need states. The YourWay portfolio is an all-encompassing house of brands designed to create a sense of belonging for every cannabis consumer regardless of their relationship with the plant. Please visit www.yourwaycannabis.com for the latest news and information about YourWay and its brands.