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Humble & Fume Inc. (OTCQX: HUMBF) has signed an exclusive sales agreement with LEUNE, a top cannabis lifestyle brand in California. This partnership aims to enhance LEUNE's market presence through tailored marketing and promotional services. LEUNE is recognized for its high-quality products and commitment to social advocacy, and its growth in California necessitates this robust sales approach. Humble's General Manager, Jessica Hulser, and National Director, Kristi Klupar, will leverage their expertise to support the brand's expansion.
Humble & Fume Inc. (OTCQX: HUMBF) has established a Joint Venture with Green Acre Distribution Corp. to distribute cannabis in the United States, focusing on California. The venture includes an investment of US$8 million by Humble and a US$2 million investment by Green Acre, giving it a 20% interest. Johnson Brothers, a prominent distributor, is funding the Green Acre investment. This venture aims to penetrate the rapidly expanding US cannabis market, projected to double over the next decade as California leads with a market valued at US$4.4 billion.
Humble Cannabis Solutions has launched operations in California as a cannabis sales, distribution, and marketing entity. The company secured an exclusive distribution agreement with Canndescent Brands, covering its entire product line. With a focus on enhancing retail relationships, Humble plans to hire approximately 65 employees and utilize over 20 distribution vehicles to ensure next-day deliveries in major California metros. The initiative aims to leverage data insights and marketing strategies to improve the cannabis market experience for brand partners.
Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) announced a two-year exclusive sales representation agreement with Galaxie Brands for the commercialization of Wyld cannabis edibles in Canada. This partnership aims to tap into the rapidly growing Canadian edibles market, providing sales representation, trade marketing, and product education. The collaboration is expected to enhance Humble's product offerings with Wyld's high-quality cannabis gummies made from real fruit ingredients. The Canadian edibles segment is among the fastest-growing areas in the market.
OTC Markets Group Inc. announced that Humble & Fume Inc. has upgraded to trade on the OTCQX Best Market from the Pink market, effective Dec. 7, 2021. The company, a leading cannabis distributor in North America, will trade under the symbol "HUMBF." The upgrade is aimed at providing transparent trading for U.S. investors, adhering to high financial standards and corporate governance. CEO Joel Toguri emphasized that this move will enhance accessibility to investors and support the company's growth plans.
Humble & Fume Inc. has commenced trading on the OTCQX Best Market under the ticker symbol HUMBF, upgraded from the Pink® market. This move is expected to enhance visibility and accessibility for U.S. investors. CEO Joel Toguri stated this milestone supports the company’s growth during a critical expansion phase. The company's shares will continue to be listed on the Canadian Securities Exchange under the symbol HMBL, ensuring a dual-market presence.
Humble & Fume Inc. has appointed Jakob Ripshtein as the new Chairman of the Board effective Nov. 30, 2021. Ripshtein, previously President of Aphria (now Tilray) and Diageo Canada, brings extensive experience in the cannabis and beverage industries. He aims to guide Humble’s growth strategy, focusing on the U.S. cannabis distribution market. Former Executive Chairman Shawn Dym will remain on the Board. This leadership change is expected to enhance Humble’s position in the North American cannabis market.