TREC Manufacturers Raises $10 Million – New Hashish Ventures

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Meet TREC Manufacturers Inc.: Socially-conscious cannabis model home launches with a $10M private-placement fairness elevate

Launching with two premium cannabis manufacturers, WINK and Blissed, TREC is backed by Canada’s main hospitality, leisure and cannabis executives

TORONTO, Could 29, 2019 /CNW/ – At present, premium cannabis model holding firm, TREC Manufacturers Inc., marks its official launch into the {industry} with the announcement of its two manufacturers, WINK and Blissed, and a $10M private-placement fairness elevate. With the backing of a curated group of Canada’s foremost entrepreneurs and cannabis {industry} consultants, TREC units itself aside with its mission of bringing “aware cannabis” to market. The corporate pledges to donate 10 per cent of all income to causes that matter to its shoppers and native communities.

TREC’s elevate was led by co-founders Basem Hanna, the {industry} pioneer behind one in every of Canadian cannabis’ largest licensed producers, TerrAscend, and Charles Khabouth the award-winning founder and CEO of INK Leisure. Leveraging years of cannabis {industry} credibility and boasting massive networks inside Canada’s hospitality and nightlife {industry}, Hanna and Khabouth are pillars in TREC’s entry to the market, focusing on audiences which might be captivated with high quality, socially-conscious cannabis.

TREC is an acronym for Belief, Respect, Equality and Compassion: the values which might be on the core of all enterprise selections made for the socially-conscious cannabis firm. The corporate supplies unmatched advertising and marketing experience for consumer-facing cannabis merchandise, in a market that’s frequently evolving below new laws. TREC is pushed by a dedication to work with those that share their mission to “Do Good” and empower shoppers, extending this imaginative and prescient to their traders, workers and companions, premium licensed producers and distribution channels. With an preliminary shareholder base of Canada’s foremost hospitality, nightlife and leisure innovators and cannabis {industry} consultants, TREC has distinctive entry to as we speak’s luxurious cannabis shopper.

With a model like WINK, we now have the chance to supply shoppers with a premium product that may complement their nightlife expertise. With hundreds of individuals coming by means of our venue doorways every week, INK Leisure has the relationships and the experience to anchor this model with the nightlife neighborhood throughout Canada.

Charles Khabouth, Founder, TREC Manufacturers

TREC is led by CEO and Founding Director Trang Trinh, an {industry} trailblazer who beforehand oversaw transactions of as much as $14B because the lead of Deloitte’s Mergers & Acquisitions division inside the cannabis sector. Trinh brings years of enterprise and negotiations expertise together with a ardour for social activism to the core ethos of TREC.

We’re pleased with the premium nature of our group and our actions to create an industry-wide motion round neighborhood help. With Blissed, the objective is to uplift the fashionable lady by means of training and content material that enhances her way of life, whereas giving again to causes in her neighbourhood that matter.

Trang Trinh, CEO, TREC Manufacturers

The board is comprised of TREC Manufacturers’ founders Basem Hanna and Charles Khabouth, CEO Trang Trinh, and Matthew Shalhoub, co-founder and managing associate of Inexperienced Acre Capital.

The elevate and this founding crew will permit TREC to pursue its social mission, develop its premium manufacturers and in the end gasoline the corporate’s continued evolution.

About Blissed

Certainly one of TREC’s first manufacturers getting into the market is Blissed, a female-focused model creating cannabis oil merchandise for girls. The primary merchandise embrace Increase, a excessive THC oil, and Breathe, a excessive CBD oil, which can be out there for buy on-line in Ontario, with different provinces to comply with. Blissed will concentrate on educating the feminine cannabis shopper by means of a web based academic hub. Blissed will increase into different codecs goal constructed for this feminine shopper as laws permit. For extra data please go to www.beblissed.com.

About WINK

WINK is TREC’s second luxurious model getting into the market this June with pre-rolled sativa-dominant strains. The merchandise will first be out there on-line in Ontario, with WINK increasing into vape pens and drinks as laws permit. For extra data please go to www.winkcannabis.com.

About TREC Manufacturers

TREC Manufacturers (www.TRECBrands.com) is a worldwide premium cannabis model home with experience in promotions, advertising and marketing and licensing. Primarily based in Toronto, Canada, the socially aware model administration group operates on a basis of belief, respect, equality and compassion, affectionately often called TREC. At present overseeing Blissed and WINK cannabis manufacturers, product choices embrace premium cannabis oils and pre-rolls, with a big funding into future improvements as laws permit. For extra data please go to www.trecbrands.com.

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The NCV Newswire by New Hashish Ventures goals to curate prime quality content material and details about main cannabis firms to assist our readers filter out the noise and to remain on prime of a very powerful cannabis enterprise information. The NCV Newswire is hand-curated by an editor and never automated in anyway. Have a confidential information tip? Get in contact.

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