Bloom Farms, a California-based cannabis company and maker of hemp-derived CBD (cannabidiol) products, and Greenlane Holdings (NASDAQ: GNLN) — a distributor of cannabis consumption accessories — announced today that they’ve signed an exclusive partnership agreement. Greenlane will distribute Bloom Farms’ line of hemp-derived CBD products to their network of retailers.
What is Bloom Farms?
Bloom Farms is a privately held cannabis company that is one of a curated group of CBD brands Greenlane offers to both its brick-and-mortar and online retail partners. Greenlane serves independent smoke shops and regional retail chain operators. Bloom Farms’ CBD line purports to offer consumers a “California Pure and Simple” experience.
Started by a disillusioned former day trader, Michael Ray, Bloom Farms is leveraging the company’s deep roots in California cannabis. Ray grew up in the