1933 Industries receives adult-use licence in Nevada
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2021-06-03 13:05 ET - News Release
Mr. Paul Rosen reports
1933 INDUSTRIES RECEIVES ADULT-USE DISTRIBUTION LICENSE IN NEVADA AND LAUNCHES EXCLUSIVE LEVEL X BRAND
1933 Industries Inc.'s cultivation subsidiary, Alternative Medicine Association (AMA), has received approval for an adult-use distribution licence for the state of Nevada. The licence allows the company to transport its cannabis products directly to its wholesale accounts, without the need for an intermediary. It also enables the company to distribute cannabis products for other licensees while bolstering its supply chain and reducing the costs associated with third party distribution.
Level X
The company is also pleased to announce the recent launch of its ultracraft brand Level X, an exclusive collection of exotic strains, selected specifically for their distinctive terpene profiles, high THC (tetrahydrocannabinol) levels and flavonoids. Over a year in development, Level X flower is expertly cured, is small batch grown, and features buds that are meticulously selected and hand trimmed. Cultivated by a best-in-class team in the company's state-of-the art indoor facility, Level X is the result of months of testing and evaluating distinctive cultivars in order to provide a unique product not currently available.
"We are extremely pleased to introduce Milk Monkey as the first strain for our new brand," said Ryan George, director of cultivation for AMA. "Level X diversifies our product line, focusing on top-tier cannabis for the Las Vegas recreational market. It has been a long but productive journey to select, test and ensure that our new line meets the expectation of consumers seeking the best products that Las Vegas has to offer."
The Level X brand will offer preferred limited-run strain drops on a rotational basis, with product available at selected dispensaries. Exclusive to Las Vegas, Level X will appeal to true cannabis connoisseurs.
About 1933 Industries Inc.
1933 Industries is a Nevada-based, growth-orientated company, focusing on the cultivation and manufacturing of cannabis consumer branded goods in a wide range of product formats. Operating through two subsidiaries, the company controls all aspects of the value chain with cultivation, extraction, processing, distribution and manufacturing assets supporting its diversified portfolio of cannabis brands and licensing partners. The company owns 91 per cent of Alternative Medicine Association and 100 per cent of Infused MFG LLC.
About Alternative Medicine Association
AMA is a licensed medical and adult-use cannabis cultivation and extraction subsidiary that produces its own branded line of unique cannabis products and manufactures third party brands. AMA's extensive menu of cannabis products includes craft cannabis flower, prerolls, full-spectrum oils, high-quality distillates, proprietary blends of terpenes, vaporizer products, and boutique concentrates such as shatter, crumble, batter, sugar wax, diamonds and live resin. With state-of-the-art cultivation and extraction facilities based in Las Vegas, Nev., AMA seeks to offer medical patients and recreational users alike a cannabis experience that is exceptional, potent and consistent in quality.
AMA is also licensed in Nevada as an adult-use cannabis distributor.
About Canna Hemp
With an extensive product line that includes topicals, creams, vapes, elixirs, capsules, lip balms, and preworkout and postworkout recovery sports products, 1933 Industries' proprietary Canna Hemp brand utilizes the power of CBD (cannabidiol) to bring natural wellness. The company's flagship products, the Canna Hemp relief cream and Canna Hemp X recovery cream are recognized as best topicals in the market. Canna Hemp X is a CBD sports recovery cream for athletes, bridging the gap between recovery and top performance. All products are triple and third party tested for safety with test results embedded through QR (quick response) codes for traceability.
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