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Hiku Brands Company Ltd.

From EverybodyWiki Bios & Wiki

Hiku Brands Company Ltd.
Public[1]
Traded asCSEHIKU
ISIN🆔
IndustryCannabis
Founded 📆December 2017 (2017-12)[2]
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Canada
Products 📟 Cannabis, lifestyle products
Members
Number of employees
🌐 Websitehiku.com
tokyosmoke.com
doja.life
staymaitri.com
📇 Address
📞 telephone

Hiku Brands Company Ltd. (Hiku) is a recreational and medical cannabis company based in Toronto, Ontario and Kelowna, British Columbia. Hiku's subsidiaries include Tokyo Smoke, DOJA, Van der Pop and Maïtri.[3]

Company history[edit]

Hiku formed as a result of a merger between DOJA Cannabis Company and Tokyo Smoke in December 2017, and later through the additions of Maitri Group and TS Brandco Holdings.[4][5][6][7][8]


Hiku Brands (2018)

TS Brandco Holdings Inc (2017)

Maitri Group Inc (2018)

Hiku Brands Company Ltd.

DOJA Cannabis Company (2017)

Tokyo Smoke (2017)

Operations[edit]

Hiku maintains its national retail footprint through one subsidiary, Tokyo Smoke, while delegating cannabis production through another subsidiary DOJA, and their Access to Cannabis for Medical Purposes Regulations (ACMPR) license to grow. Hiku Brands operates six Tokyo Smoke cafes and one DOJA cafe across Ontario, Alberta and British Columbia.[9][10][11] In February 2018 it was licensed to sell cannabis in Canada.[12][13][14] It grows cannabis in the Okanagan Valley and is licensed to produce 660 kilograms (1,460 lb) per year.[15][16] In March 2018, Hiku announced a partnership with Vitalis Extraction Technology Inc. to construct an oil extraction facility in Kelowna.[17]

References[edit]

  1. O'Hara, Clare (March 19, 2018). "Ten new cannabis stocks are being added to Canada's largest pot ETF". The Globe and Mail. Retrieved April 5, 2018.
  2. Skerritt, Jen (December 21, 2017). "Marijuana Grower Buying Retailer to Offer One-Stop Pot Shopping". Bloomberg News. Retrieved April 5, 2018.
  3. Canada, Health. "Authorized Licensed Producers of Cannabis for Medical Purposes - Canada.ca". www.canada.ca.
  4. "Aphria buys Broken Coast Cannabis as the marijuana market consolidates further". January 15, 2018. Retrieved April 5, 2018.
  5. Skerritt, Jen (December 21, 2017). "Marijuana Grower Buying Retailer to Offer One-Stop Pot Shopping". Bloomberg News. Retrieved April 5, 2018.
  6. Courtenay, Piper (March 21, 2018). "Hiku hopes high-end products will change negative stereotype surrounding cannabis". The Georgia Straight. Retrieved April 5, 2018.
  7. "Hiku Brands Company Ltd". Financial Times. 2018. Retrieved April 5, 2018.
  8. "DOJA Cannabis and Tokyo Smoke Merge to Become Hiku Brands". New Cannabis Ventures.
  9. Ligaya, Armina (February 11, 2018). "Pot brands race to claim retail dominance in budding marijuana landscape". CTV News Channel (Canada). Retrieved April 5, 2018.
  10. "Manitoba selects mix of organizations to handle marijuana retail sales". CTV News Channel (Canada). February 16, 2018. Retrieved April 5, 2018.
  11. Ligaya, Armina (February 11, 2018). "Marijuana producers enter retail race as legalization looms". The Globe and Mail. Retrieved April 5, 2018.
  12. "Manitoba selects mix of organizations to handle marijuana retail sales". CTV News Channel (Canada). February 16, 2018. Retrieved April 5, 2018.
  13. Istace, Chris L. (April 1, 2018). "B.O.B. HQ obtains conditional cannabis retail license". Westman Journal. Retrieved April 5, 2018.
  14. Bernhardt, Darren; Kives, Bartley (February 16, 2018). "Province promises hands-off approach to cannabis retailers after announcing 4 groups that will operate stores". CBC.ca. Retrieved April 5, 2018.
  15. "DOJA Cannabis & Tokyo Smoke Close Merger and Launch Hiku Brands". www.newswire.ca.
  16. Smith, Charlie (February 1, 2018). "Another cannabis takeover: Hiku Brands announces intention to buy Quebec-based Maïtri Group". The Georgia Straight. Retrieved April 5, 2018.
  17. Rendell, Mark. "The week in marijuana deals: WeedMD eyes beverages, Aurora closes CanniMed". Financial Post. Retrieved April 5, 2018.

External links[edit]


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