Dixie Brands Inc., a Denver, Colorado-based cannabis consumer packaged goods (CPG) company, and Herbal Enterprises LLC, an affiliate of the AriZona brand, have entered into a definitive agreement to launch a collection of THC-infused cannabis products.
The terms of the agreement, as outlined in the letter of intent announced on Aug. 7, provide the framework for the combined management teams to work closely on the development and launch of a brand and related THC-infused products during 2020.
Dixie is a multi-state operator currently in California, Colorado, Maryland, Michigan and Nevada. The company is set to expand internationally, including Canada and Latin America. Dixie’s portfolio features more than 100 products across more than 15 different product categories representing edibles, beverages, tinctures, topicals and connoisseur-grade extractions, as well as CBD-infused wellness products and pet supplements.