Vapen MJ (OTCQX: VAPNF) (CSE: VAPN) has unveiled plans to sell its products in Oklahoma through partners.
Vapen is a manufacturer and distributor of cannabis THC and hemp CBD products under the Vapen Brand. It has announced a cannabis THC production, extraction and cultivation partnership with Texoma House of Cannabis to create Vapen Oklahoma in Oklahoma.
Texoma House of Cannabis has a licensed retail dispensary and a cultivation greenhouse and outdoor growing operations in Madill.
Oklahoma is one of the fastest-growing medical marijuana markets in the U.S., according to the August 2019 Annual Marijuana Business Factbook report.
Partnership
Vapen MJ will provide the Vapen brand, standard operating procedures, and back-office support for the partnership. The partnership with Texoma will facilitate the launch of Vapen branded products including a line of THC concentrates, edibles and extraction products to dispensaries in the state of Oklahoma.
“We are strategically adding capacity in a new market that has one of the fastest-growing medical marijuana patient populations. We will be launching Vapen branded, safe products that deliver our high quality and purity standards,” Vapen MJ CEO Thai Nguyen stated.
The partnership is anticipated to start offering products to licensed dispensaries throughout the state by the end of 2019.