Carl Saling III Acquisitions, Tommy Chong, MSO Publicly Traded Cannabis, Covid-19 Episode 23

I spoke to Carl just over 5 months ago, his company was on the path to go public while establishing the Hash Bone product line. In that short amount of time Carl not only went public on the Canadian Stock Exchange (CSE) under the ticker HOLL and is also trading on the Over The Counter (OTC) market ticker HSTRF.

But Hollister Cannabis Co. is not stopping there, the roll of signings continued with Tommy Chong and the relaunch of the celebrities brand under Tommy Chong Cannabis. The initial launch of this product will be a 1000mg Tommy Chongs Elixir a 1 to 1 CBD to THC tincture. Tactical Relief a veteran owned business that is committed to returning 5% of profits to veteran charities.

The husband and wife team run Hollister Cannabis Co. straight of of San Benito County, but do not let this sleepy town define the business. As of this podcast the company is in the final stages in acquisition of Venom Extracts, the largest extraction business in Arizona with facilities in Nevada soon to be operating in California as well. The acquisition provides instantaneous revenue (as of press Venom Extracts did $13MM in 2019) and the ability to be a Multi State Operator (MSO) for all of their brands.

Of course, in the height of everything moving quickly, Covid-19 hits and Carl and his wife pivot. They kick into gear to take care of their employees while they create policy and continue to operate safely while also making sure the staff feels appreciated. One of the the things I am the most impressed with is how much Carl and his wife Amasa care for their staff, not always the case in business let alone cannabis.

Make sure to visit Hollister Cannabis Co. website follow the company on IG @hollistercannabisco @hashbones and go buy some stock on the CSE HOLL or OTC HSTRF.

Podcast: Play in new window | Download (Duration: 46:46 — 85.6MB)

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