The partnership will expand Fly Brands' product breadth, opening new geographic territories and distribution channels which are more accessible without the presence of tetrahydrocannabinol (THC).
"The Fly Brands portfolio is unparalleled in the THC beverage space as illustrated by the success of Uncle Arnie's, California's No. 1 selling 100 mg beverage SKU,” said NDS CEO Kyle Marinkovich. “We are excited to help them expand into the CBD space."
Northern Diversified Solutions was chosen for its proven ability to innovate products, manage supply chain risk, and for its track record of consistently delivering product on-time and in-spec.
This partnership combines Fly Brands’ expertise in developing consumer-centric brands with NDS' extensive knowledge of cannabinoid ingredient solutions and supply chain management.
"The multi-billion-dollar CBD beverage market represents a significant incremental opportunity for Fly to drive shareholder value while connecting with adjacent consumers who wouldn't frequent cannabis dispensaries," said Fly Brands CEO Theo Terris. "We are thrilled to partner with a trusted and competent supplier like Northern Diversified Solutions in order to execute against this opportunity."