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Benzinga
Benzinga
Business
Vuk Zdinjak

Focus V Nabs Turning Point Canada As Exclusive Distributor, Cannabis Heating Devices Will Benefit

Focus V line of product offerings is now available in Canada, exclusively distributed by Turning Point Brands (NYSE:TPB). The deal means that all Focus V offerings, such as the just-released CARTA 2 can only be purchased by smoke shops & other retail entities in Canada through Turning Point. Focus V retains its right to sell direct-to-consumers based in Canada.

With demand for portable smoking & dabbing devices at a record high, the partnership formed organically. With consumers outside of the U.S. turning to hash extracts, both Focus V & Turning Point expect those consumers to rely on heated elements to activate the hash.

"Cannabis concentrates are a rapidly growing niche and the CARTA 2 is the industry's best dab rig", stated CEO Sam Jurist. Focus V's core device, the CARTA 2, heats up in 15 seconds, is easy to use & comes in a portable carrying case. "We can't wait to bring our suite of products to international markets."

Mikail Fancy, COO of Turning Point Brands Canada added: "Turning Point Brands Canada remains steadfast in its objective of being a market leader in the cannabis accessory category in Canada. We are excited to partner with Focus V to bring yet another segment-leading brand to our portfolio which includes icons such as Zig-Zag, CLIPPER, Choice Leaf, HMP, Rebound and Evolve."

Photo: Courtesy of Shelby Ireland on Unsplash

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Turning Point Brands Q1 2022 Net Income Decreased 6.7% To $11M YoY

 

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