Cannabis Briefs for February 8, 2022February 8, 2022
•Cannabis brokerage firm Kindred has appointed Curtis MacKenzie as executive vice president and general manager. In the role, he will oversee all aspects of the company’s business operations, including the commercial sales activities and growth strategies for its supplier and provincial board partners. Prior to the promotion, MacKenzie was Kindred’s national director of trade development and earlier in his career spent five years as an account manager with Diageo. Kindred is a wholly-owned subsidiary of Breakthru Beverage.
•Boulder County, Colorado-based Jeng hemp cocktails has signed with Oath Distributing to distribute in Illinois and Michigan. Jeng produces three alcohol-free, hemp-infused canned cocktails, in “Jeng & Tonic,” Moscow Mule, and Paloma flavors (all $20 a four-pack from the company’s website). All three flavors contain 11mg of hemp extract a can. Founded in 2019, Jeng’s products are currently available in New York and Chicago.
•Canopy Growth has launched new products under its Ace Valley brand. Canopy continued its push into cannabis beverages with the release of Daylight and Moonwave, which contain both THC and CBD. Daylight contains 2.5mg of THC and 5mg of CBD, while Moonwave has 2mg of THC and 10mg of CBD. They are named in reference to their anticipated place in consumers’ lives, with Daylight intended for drinking in the morning and Moonwave for the end of the day. The brand also received new line extension Citrus Ginger Super CBD hard candies, the brand’s first single 20mg CBD hard candy that also contains 1mg of THC. The Ace Valley lineup is available in Canada in stores and online.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning. You will also receive the Cannabis edition as part of your subscription.