Origin House has become the exclusive distributor of all Kings Garden products in California.
Origin House (CSE: OH), a North American cannabis products and brands company today announced that its California distribution division, Continuum, has entered into a distribution agreement (the "Agreement") with California-based boutique cannabis brand Kings Garden Inc. ("Kings Garden") to be the exclusive distributor of all Kings Garden products in California. In Q3 2019, Kings Garden was ranked as one of the leading flower brands in California, recording the second-highest unit sales growth from Q1 to Q3 2019 in the state.
Kings Garden is one of the state's most prominent cannabis companies with a reputation for craft premium cannabis products. Marc Lustig, Chairman and CEO of Origin House.
Lustig went on to say that "The Kings Garden brand has been one of Continuum's top sellers across its state-wide distribution platform. We look forward to continuing to strengthen our partnership on an exclusive basis. This Agreement is aligned with our stated strategy to build and support category winners, solidifying Kings Garden within our house of brands."
Pursuant to the Agreement, Continuum will be the exclusive distributor of all Kings Garden branded products, for an initial term of one year, across California, and will further have the exclusive right to distribute any new branded products introduced by Kings Garden. With Continuum's statewide reach, it is best positioned to launch Kings Garden's Rho PhytoTM line of proprietary cannabis-based phyto-therapeutics in Q1 2020.
Michael King, Chairman and CEO of Kings Garden commented, "We have been working with the team at Origin House and Continuum for the past year and a half and are excited to advance this partnership through today's announcement. The Agreement will accelerate growth of our boutique product assortment, allowing us to reach more consumers in California, increase market share, and position the company for future expansion."
"We are excited to formalize our relationship with Continuum and Origin House for the distribution of all branded Kings Garden products. Our large-scale production paired with their wide reach and best-in-class distribution platform will help excel growth for all involved and guarantee product availability throughout the entire state of California," added Charlie Kieley, Co-Founder and COO of Kings Garden.
Based in Coachella Valley, Kings Garden is a leading cannabis cultivation, processing and manufacturing company, specializing in boutique products such as premium flower, concentrates and vape cartridges. Kings Garden also recently entered into an agreement to manufacture, distribute and sell Rho PhytoTM line of therapeutic cannabis products, expanding into the topicals and tinctures product segments. With a total of 11 facilities in California with over 200k sq.ft. and a highly experienced cannabis management and operations teams, it has grown to become one of the most recognizable brands in the California market.
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