SALINAS, CA – PRESS RELEASE – As part of its ongoing commitment to provide access to the most innovative and useful cannabis products on the market, Indus Holdings, Inc. has acquired the assets and global rights and business of Humble Flower Co., adding a California original and one of the most successful female-founded companies in the industry to its growing portfolio of award-winning cannabis brands.
The deal will allow Humble Flower Co. to expand its already loyal fan base throughout the state, giving consumers greater access to its line of cannabis-infused lotions and oils. Humble Flower Co. products pack a powerful combination of THC and CBD, hydrating the skin while providing topical relief from pain, psoriasis, eczema, dry skin and other ailments.
“Indus Holdings, Inc. and Humble Flower Co. are perfectly aligned in our shared commitment to quality, integrity, and teamwork,” says Humble Flower Co. Chief Operating Officer Jordan Darian. “We are deeply honored and beyond excited that this partnership will bring Humble Flower Co. products to a larger audience.”
The acquisition also marks Indus Holdings, Inc.’s newest foray into cannabis-infused topical creams and oils. Humble Flower Co. joins a growing lineup of licensed and original brands, including Original Pot Co., Dixie Elixirs and Edibles, MOON, and Orchid Essentials.
“The cannabis landscape is constantly evolving with new products designed for pain relief and relaxation,” says Indus Holdings, Inc.'s co-founder and chief executive officer, Robert Weakley. “We couldn’t be more excited to add an established, forward-thinking, female-led brand like Humble Flower Co. to our portfolio, and we’re thrilled that more consumers will benefit from having greater access to their products.”
Humble Flower Co. lotions and oils are available at licensed dispensaries and retailers throughout California. Retailers can learn more about Humble Flower Co. products via humbleflowerco.com.
Under the terms of this non-material transaction, Indus will pay an undisclosed amount of cash consideration.