Johnson Brothers Deepens Investment In CA Distributor Humble & FumeSeptember 20, 2022
Fourth-ranked U.S. spirits and wine wholesaler Johnson Brothers has increased its investment in California cannabis distributor Humble & Fume. Johnson Brothers made the $6 million investment through Green Acre Capital Distribution Corp. Humble & Fume recently added to its portfolio with Cookies, a leading brand in the California market.
“Johnson Brothers is committed to the future of Humble & Fume and its expansion strategy of cannabis distribution operations in the U.S. states where it’s allowed,” said Mark Hubler, CEO and president of Johnson Brothers. “Securing a long-term distribution deal with the industry’s leading brand Cookies is proof of their ability to build meaningful relationships with top cannabis brands and to build long-term value in the United States.”—Daniel MarstellerSubscribe 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.