Petalfast’s Arizona Acquisition Forges Path For New Cannabis Brand Partnerships
Cannabis sales and distribution platform Petalfast announced on Thursday the acquisition of the sales and distribution subsidiary of Arizona-based Flow Distribution.
Founded in 2017, Flow has been operating from Phoenix as a cannabis cultivator, manufacturer and distributor. It collaborated with several California cannabis brands such as Stiiizy, Wana and 22 Red, providing statewide sales coverage, marketing, warehousing and logistics.
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Why It Matters
The acquisition is expected to result in a “robust suite of distribution services to new and existing brands who wish to service their valued retail partners and scale efficiently and effectively,” Petalfast said in a press release. The terms of the deal …