More Ways to Michelada: THC-Infused Michelada goes Mainstream...
Rhea-AI Summary
Los Angeles-based Blaze Mota is set to release a hemp-derived THC version of its Mota'lada, a non-alcoholic ready-to-drink michelada, in October 2024. The new product contains 10mg of hemp-derived THC and 2mg of CBD, following the success of its cannabis-infused counterpart launched in May 2023. Blaze Mota has also partnered with Cheech Marin to create the Cheeche'lada, a 50mg THC-dosed variant that won first place in the Beverage category at the Emerald Cup Awards. The company has strategically positioned its products, keeping the Cheeche'lada brand in California's regulated cannabis market while transitioning the Mota'lada brand into the emerging hemp-derived THC market.
Positive
- Launch of new hemp-derived THC version of Mota'lada, expanding product line
- Partnership with cannabis legend Cheech Marin for Cheeche'lada product
- First place win in Beverage category at Emerald Cup Awards for Cheeche'lada
- Strategic product positioning in both regulated cannabis and hemp-derived THC markets
Negative
- None.
News Market Reaction
On the day this news was published, BUD gained 1.81%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Mota'lada is made with non-alcoholic Mexican Lager and a michelada base of tomato, lime, and spices. It contains 10mg of hemp-derived THC and 2mg of hemp-derived CBD.
The cannabis-infused version of the Mota'lada hit
Following the success of the Mota'lada, Blaze Mota partnered with cannabis legend Cheech Marin to release the Cheeche'lada, a 50mg THC-dosed variant of the Mota'lada. The Cheeche'lada launched in September of last year and took first place in the Beverage category at last month's Emerald Cup Awards – the most preeminent cannabis awards competition.
In June, Blaze Mota extended its partnership with Cheech Marin, replacing its 20mg cannabis-infused Mota'lada with a 20mg dosed option under the Cheeche'lada product umbrella.
This move allowed Blaze Mota to transition the Mota'lada brand into the emerging hemp-derived THC market while keeping the Cheeche'lada brand in
"The Michelada is defined by its rituals, variety, and occasions, and we want to expand those occasions with a THC-infused offering that tastes as good as any other Michelada on the shelf," says Balakrishnan.
About Blaze Life Holdings
Blaze Life Holdings (BLH) was founded in 2017 by two cannabis visionaries:
Media Contact: Elizabeth Fowler, liz.f@illacanna.com
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SOURCE Blaze Life Holdings