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Wednesday, May 01, 2019 9:01:25 AM
Announced entry into the Latin American market through a 50/50 joint venture with Khiron Life Sciences Corp. Dixie-Khiron JV Corp. will seek first-mover advantage by introducing Dixie's product portfolio across Khiron's growing footprint that already addresses 430 million of the region's 620 million people. The Company believes that this joint venture presents a significant long-term growth opportunity.Announced that Dixie will be the exclusive U.S. distribution arm for Khiron's award-winning Kuida cosmeceutical line, once applicable regulatory approvals are received.Entered the Michigan market through a joint venture licensing agreement with Choice Labs, and proceeded to establish production facilities and place products on shelves within eight weeks from entering into an agreement with Choice, demonstrating the benefits of proven operating procedures, superior formulations and over nine years of experience.Continued to innovate with new product announcements including: Aceso Fizz Tabs, a line of CBD-infused dissolvable drink tablets; Aceso Soothe Balm, a topical cream formulated with full-spectrum hemp oil; Therabis Calm & Quiet CBD-infused soft chew treats for felines; and Dixie Bursts THC-infused pulled taffy.Strengthened executive team with the addition of CPG veterans Bob Rubin as President of Therabis, Andrew Floor as VP of Marketing for Dixie Brands and Hilal Tabsh as VP of Marketing and Distribution for Aceso Hemp.
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