Four new markets introduce iconic West Coast brand to wider audience as expansion momentum continues
LOS ANGELES, May 24, 2023 /PRNewswire/ -- Presidential Cannabis Co. ("Presidential"), one of the largest infused flower cannabis companies and a leading maker of pre-rolls in California, has announced its expansion into the Arizona, Michigan, Nevada, Oklahoma markets. This milestone marks Presidential's entrance into its first states beyond California as the top-selling brand celebrates ten years in the cannabis industry.
Founded in 2012, Presidential boasts the best-selling blunt and other top pre-rolls in California and is known as "The World's Strongest." Presidential is an established brand and leader in California cannabis, creating some of the first infused products in the United States using high-quality flower and cutting-edge science. According to recent BDSA data, Presidential has become the number one blunt brand and number four infused pre-roll brand on the market as the Company expands into new states. Presidential's launch into these states will also feature collaborations with fellow cannabis operators including Ball Family Farms.
Presidential's offerings in Arizona, Michigan, Nevada, and Oklahoma will feature fan favorites of the brand's signature slow-burning and potent Moon Rock product portfolio, created using high-quality flower infused with premium THC distillate, then coated in top-tier kief. Consumers will have the opportunity to choose between Presidential's original, individually-wrapped 1g pre-rolls and 1.5g blunts and the brand's PeeWee line, which offers packages of three 0.5g prerolls and three 0.7g blunts. The initial rollout will include Grape, Peach Mango, Strawberry and Watermelon flavors.
"After a decade of building our brand and reputation in cannabis, the Presidential team could not be more excited to continue our momentum in four new markets," said Everett Smith, co-founder and CEO of Presidential. "These beautiful states exhibit a rapidly maturing cannabis space, making them the perfect next steps for our company as we strategically reach new markets. I am thrilled to introduce Arizona, Michigan, Nevada and Oklahoma consumers to our beloved Moon Rock products and am confident that they will embrace Presidential with enthusiasm."
These four states represent incredible potential for growth in the cannabis sector. In 2022, the Arizona recreational market reached over $950 million in sales, while Michigan grows as a powerhouse cannabis environment as the second largest market in the country. In Nevada, cannabis is garnering over one billion dollars in sales between adult-use and medical dispensaries in 2021 alone. In the same year, Oklahoma generated close to $150 million in revenue from medical sales. Nearly one in ten Oklahoma residents now hold medical cannabis cards as the market expands, largely thanks to low costs for business, cultivation or transportation licensing.
Presidential products will be available across Arizona, Michigan, Nevada and Oklahoma dispensaries. In Nevada, where Presidential has garnered over 40% of the market share within three months, products can be found at retail partners including Jardin, Nevada Mada, The Source, Planet 13 and Thrive. For more information please visit, www.presidentialmoonrocks.com. For wholesale inquiries, please reach out to [email protected].
About Presidential
Launched in 2012, Los Angeles-based Presidential is one of the largest infused flower cannabis companies and the third-largest pre-roll brand in California. Presidential products can be found in 400+ retail stores across the state including MedMen, Stiiizy, Emjay, MMD, Project Cannabis, Catalyst, March & Ash, Coachella Smoke Co., Culture and many more.
Dubbed 'The World's Strongest Pre-Rolls', Presidential is renowned and loved as the producer of the #1 ranked Infused Moonrock Blunt and is one of the top-selling brands overall in California. The brand is co-founded by Everett Smith, a former professional athlete and entrepreneur, and businessman and entrepreneur John Zapp. Everett and John take pride in continuing to lead product innovation in the cannabis industry and their goal is to combine organically grown cannabis with cutting-edge science & technology to create the safest and most reliable products on the market. Together, they have proven that great entrepreneurs and teams are made through experience, hard work and inspiration.
In 2022, Everett and John debuted a NY-style pizzeria, Esco's, as well as a speak-easy style lounge, the Presidential Suite, located in West Hollywood off of La Brea. Esco's diners can find entry to the Suite through an NYC subway car in the restaurant, which also features monthly-rotating art installations.
Find more about Presidential here and follow on Instagram here.
SOURCE Presidential
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