Fibonacci Brands acquires Darwin from Harvest Health & Recreation

By Akshay Kedari  Date: 2020-09-16

Fibonacci Brands acquires Darwin from Harvest Health & Recreation

Fibonacci Brands has recently announced the acquisition of Darwin from Harvest Health & Recreation (HARV.CN) as its foundation brand. Fibonacci is a leading player in the international cannabis industry.

According to James George, founder of Fibonacci Brands, the company is excited to execute the vision of Darwin and reintroduce more people to cannabis. It is currently planning to evolve its products and enhance the accessibility of Darwin in the cannabis community.

Prior to the recent acquisition, Darwin was housed under Arizona Natural Selections. The products include award-winning vapes, Seriously Good Gummies, and Caramel Hard Candies. These products span 3 series, i.e. Origin, Evolution, and Voyager. Additionally, Darwin has won the Best CBD (cannabidiol) Edible at the 710 Cup and Best Vape at the Errl Cup, with the brand icon ‘Darwin’ becoming a recognized feature at the cannabis industry events.

The distribution and production of cannabis is expected to recommence soon in Arizona. In November, voters are anticipated to enact the adult-use consumption via Proportion 207. The Darwin brand has gained wide popularity in the state, owing to its brand appeal and high quality, ensuring that it fits the level of cannabis experience for both the beginners and experienced users.

Deriving the name from a mathematical principle, the vision of Fibonacci Brands is to enhance an international house of brands that create awareness about the benefits of consuming cannabis.

Mr. George further added that the company has a strong vision of delivering the best possible cannabis experience via its trusted and branded products and lending its prime focus on serving the needs of these cannabis consumers.

The team at Fibonacci includes veterans of the cannabis & marketing industries that have maintained a track record of launching products in the global market, building global brands, and are passionate about cannabis’ benefits. The company is presently in talks with various licensed producers in the U.S., Australia, Europe, and Canada.

Source credit:

https://www.globenewswire.com/news-release/2020/09/15/2093718/0/en/Fibonacci-Brands-Acquires-Darwin-from-Harvest-Health-and-Recreation.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Boeing expects European carriers to have 8,705 new airplanes by 2040

Boeing expects European carriers to have 8,705 new airplanes by 2040

By Akshay Kedari

Aerospace major Boeing is anticipating the European commercial aviation industry to need nearly 8,705 new airplanes by 2040. The requirement will be driven by the growing leisure travel market and focus towards replacing the current fleet with more f...

Facebook to drop staunch defensive stance to revamp its public image

Facebook to drop staunch defensive stance to revamp its public image

By Akshay Kedari

Facebook CEO Mark Zuckerberg has reportedly approved a new initiative named Project Amplify, which will consist of implementing various strategies to shed a positive light on the social media giant’s public image. The idea, which was conceived...

Shell intends to scale its Sustainable Aviation Fuel production by 2025

Shell intends to scale its Sustainable Aviation Fuel production by 2025

By Akshay Kedari

Multinational oil and gas company Royal Dutch Shell plc is reportedly planning to begin scaling the production of low carbon jet fuel by 2025, to promote the practice of greenhouse gas emission reduction among the world’s airlines. The oil gia...

Fintech firm Xendit becomes a unicorn following USD 150 million funding

Fintech firm Xendit becomes a unicorn following USD 150 million funding

By Akshay Kedari

Indonesian financial technology company Xendit has reportedly secured USD 150 million during a Series C funding round which was led by Tiger Global. Other investors that participated in the latest fundraising included Justin Kan’s Goat Capital,...

Samsung Biologics to participate in 2050 carbon-neutral initiative

Samsung Biologics to participate in 2050 carbon-neutral initiative

By Akshay Kedari

South Korean biotechnology firm Samsung Biologics recently revealed the signing of a Memorandum of Understanding (MoU) to join the ‘Frontier 1.5D initiative’ to devise a climate risk management model. The company is set to join the 2050 C...