CLIENT FEATURE: Hollister Biosciences Inc. (HOLL: CSE) – Acquiring, developing and powering class-leading cannabis consumer products.
WHY HOLLISTER?
- Vertically integrated, high-margin cannabis company with high-quality cannabis and hemp products in over 280 dispensaries throughout California and over 90 dispensaries throughout Arizona, plus joint ventures, licensing agreements, and partnerships with global brands.
- Hollister controls the whole process from manufacturing to sales, to distribution. From seed to shelf.
- Fully licensed and compliant and have established a statewide distribution within California for medical and recreational cannabis.
- The U.S. market for cannabis-infused drinks is expected to grow to $1.4 billion by 2024. Zenith Global.
- The market for hemp-derived CBD products was USD $591 Million in 2018, expected to reach USD $22 Billion by 2022.
Recent Highlights:
Q4 2020 Financial Highlights:
Q4 2020 Performance Includes CDN $14.93 Million in Revenue With an Estimated CDN $2.53 Million in EBITDA a YoY Revenue Increase of 3215% from Q4 2019
March:
- Hollister’s direct-to-consumer delivery platform, Dreamy Delivery, will be the official delivery platform of the 2021 Emerald Cup Awards.
- The Emerald Cup Awards have been the premier Cannabis Cup in California for 17 years.
- Hollister Biosciences Inc. Announces Closing of $7.9M Private Placement of Special Warrants, Including Full Exercise of Agents’ Option
February:
January
- Hollister $HOLL.ca $HSTRF Reported Record Q4 Revenues of CAD $14.93M From 370 Dispensaries In California and Arizona
- INDUSTRY BULLETIN: Cannabis In California Will Boom Into A Powerhouse Opportunity
- Announces $6.5m Private Placement
December:
- Hollister Biosciences 100% Owned Subsidiary Venom Extracts Achieves Final $40 Million Revenue Milestone
Market Analysis/Overview:
What is Hollister?
- Hollister Biosciences Inc. is a multi-state company with a portfolio of innovative, high-quality cannabis & hemp branded consumer products and white-labelling manufacturing. Products are sold in 370 dispensaries across Arizona and California.
- Hollister Biosciences owns 100% of Venom Extracts, a category-leading brand that sold over 4 million grams in 2020, accounting for up to 30 percent of category sales in Arizona.
- Products from Hollister Biosciences Inc. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with concentrates (shatter, budder, crumble), distillates, solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures.
- The wholly-owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker”.
What Brands Does Hollister Own?
Hollister $HOLL.ca $HSTRF
$CRON $GTBIF $INDS $META.ca $FAF.ca $WEED.ca
Hollister Biosciences Inc. is traded on the CSE as HOLL.
For more information, visit: https://hollisterbiosciences.co/investors/
FULL DISCLOSURE: Hollister Biosciences Inc. is an advertising client of AGORA Internet Relations Corp.
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