Now that High Times have made a whole pig’s ear of their hashish retail play perhaps this transfer by Cheech & Chong will steal their thunder. Let’s see the way it performs out and we hope that in 12 months time we received’t be utilizing the “Up In Smoke” pun in a headline to announce the deal’s demise. A fast take a look at Five Point’s Linked In contacts exhibits a group high heavy with attorneys which leads us to imagine they could really learn their paperwork earlier than going into offers in contrast to one other well-known 1970’s hashish branded firm within the headlines over the previous week.

Celeb Stoner studies…

June 30, they (Cheech & Ching)  introduced a deal with Five Point Holdings to open Cheech & Chong dispensaries in 5 states – Arizona, California, Illinois, Nevada and Washington.

LATF USA write……The Daytime Beauty Awards’ Zen Award honoree and Godfather of CannabisTommy Chong of “Cheech & Chong” has entered into dispensary license with Five Point Holdings Inc. and partnered with Cheech Marin to develop a 5 state dispensary chain.

Five Point Holdings Inc. is a diversified hashish branding firm with many years of dispensary retail, branding, and media expertise is happy to announce its licensing settlement (the “Agreement”) with Cheech & Chong’s administration firm to license the Cheech & Chong Brand to initially open dispensaries in California, Nevada, Arizona, Illinois and Washington.

 

 

The license will permit the corporate to develop experiential hashish dispensaries using the Cheech & Chong model identify. “There are a handful of names and brands recognized by everyone around the world and the Cheech and Chong brand is one of them.” says Paris Chong, Director at Five Point Holdings and supervisor of his father Tommy Chong. As a part of this licensing settlement, the dispensaries will characteristic hashish merchandise from each Tommy Chong’s Cannabis and Cheech’s Stash manufacturers.

Inside the dispensary will characteristic a one in every of a sort retail expertise with choices from the very best hashish manufacturers, an up to date however nostalgic throwback commemorating Cheech and Chong, and for the primary time ever, a spot to buy Cheech and Chong clothes and memorabilia. Jeremy Abrams, the corporate COO mentioned, “It’s time the cannabis retail shopper is offered a new experience with familiar names and brands. We’re excited to create that for all of the Cheech and Chong fans around the world”

“Cheech and I have waited patiently to find the right combination of talent and the right team to trust with the Cheech and Chong properties. We both pursued our own individual projects knowing if the right opportunity came along we would do something with our Cheech and Chong brand and with Five Point Holdings Inc. we have the winning combination,” mentioned Tommy.

“The Cheech and Chong movies, songs and comedy bits have helped shape and mold the weed culture as we know it today. Now we’re bringing that trusted, funny and familiar cannabis comedy experience into the store environment,” Cheech added.

Danny Keith, President of Five Point Holdings Inc. mentioned, “Our company is well positioned to take this legendary brand and develop experiential dispensaries utilizing the decades of cannabis infused content and branding for which Cheech and Chong have become known. The executive team we have assembled is second to none.” 

https://www.latfusa.com/article/2020/6/tommy-chong-five-point-holdings-to-open/

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