Smoke Cartel’s Proprietary Technology Together with Leafly’s World Renowned Brands Should Enable Company to Rapidly Establish First Mover Advantage as New Markets Emerge Due to Cannabis Legalization
SAVANNAH, GA, June 15, 2018 (GLOBE NEWSWIRE) — Smoke Cartel, Inc. (Ticker: SMKC), a leading online retailer and wholesaler of glass water pipes and related accessories for the cannabis industry, today announced it has entered into a licensing agreement with Leafly Holdings, Inc. (www.leafly.com), the largest cannabis website in the world, to collaborate on a new top-of-the-line series of glass pipes and smoking accessories tailored for the cannabis industry.
Leafly is widely recognized as the leading cannabis website with over 13 million monthly visitors and 40 million-page views across its website and mobile applications. It also features reviews on over 2,000 unique strains of cannabis which enables the site to identify which strain is most beneficial for insomniacs versus say the ideal strain that can help decrease one’s stress levels. Due primarily to trusted contributions from its vast database of true cannabis connoisseurs, Leafly has over the years accumulated the largest and most sophisticated following of any site on the Internet. Under the terms of the licensing agreement, Smoke Cartel will have the rights to incorporate an assortment of Leafly’s signature strain tiles, denoting indica, sativa, and hybrid strain varieties, on select glass pipes and related accessories.
“The legalization of cannabis has been responsible for a number of significant changes in the industry, from dropping the overall price of the plant to how elegantly packaged and branded they are today compared to the somewhat unsavory appearance they displayed years ago,” said Darby Cox, Chairman and CEO of Smoke Cartel, Inc. “Of course, this change is the direct result of an extensive creative branding process that companies like Leafly have pioneered for the benefit of the entire industry. There is no question that we are still operating in the industry’s infancy and although it is still quite a landgrab, at the end the undisputed leaders will be built based on the most robust technology, first mover advantage as well as the most effective means of differentiating your product line and brand image against what will initially be a very fragmented industry.”
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About Smoke Cartel, Inc.
Smoke Cartel, Inc. (Ticker: SMKC) is one of the leading online retailers of glass water pipes, vaporizers, bubblers, spoons, oil and dab rigs, smoking accessories, and cannabis accoutrements. The Company provides a wide variety of high quality products, reliable customer service, and rapid dependable shipping. Smoke Cartel offers 24-hour support and online chat services to ensure the customer experience is timely and professional. Smoke Cartel operates a transparent business model which is important in an industry with varying state regulations and significant scrutiny. The Company’s website at www.smokecartel.com offers fast load times and optimizations, making the product search process quick and seamless.
(Certain matters discussed in this press release may contain statements, estimates and projections that involve risks and uncertainties in Smoke Cartel Inc. business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Smoke Cartel undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.)
Investor/Media Contact: Bill Miller Vice President, Investor Relations Phone: 844-565-5665 firstname.lastname@example.org Contact at Smoke Cartel: Annie Alexander Public Relations and Corporate Communications Phone: 828-545-0544 email@example.com