Hollister Biosciences (HOLL)

Hollister Biosciences Company Information

Hollister Biosciences Inc is a Canadian-based cannabis and psychedelics company that conducts its operations in Canada and multiple states in the United States. It was initially a cannabis-only brand, but it ventured into the psychedelic sector in April 2020 when it acquired Alphamind Brands. 

The company distributes its products to cannabis licensed firms or through its distribution partner. This diversified brand has its products in almost a hundred dispensaries in Arizona, and over 280 dispensaries in the state of California, making it one of the biggest cannabis producers and distributors in Canada and the U.S.

Hollister Biosciences vision 

The company seeks to become the to-go-to brand for high-quality, diverse, innovative, affordable psychedelics, hemp, and cannabis-based products. 

Hollister takes the leading role in controlling the processes of growing cannabis seeds to the final product found on shelves. The brand is vertically integrated and adopts a high-margin model. It controls the cultivation, harvesting, drying, curing, processing, manufacturing, sales, and distribution chain. This ensures that the company runs smoothly and that its products maintain their top quality. 

The company sells hash-infused pre-rolls, distillates, hashbone, flowers/buds, pre-rolls, concentrates (crumble, shatter, and budder), vapes, CBD for pets, and tinctures. In addition, the brand manufactures white-labeled cannabis products. 

Venturing into the psychedelic industry 

In April 2020, Hollister Biosciences Inc completed Alphamind Brands’ acquisition, making its grand entrance into the promising and ever-evolving world of psychedelics. This acquisition did diversify not only Hollister’s operations but also increased its shareholder value. 

Over the past few years, the psychedelics Industry has gained a lot of attention from individuals worldwide, private investors, and business entities. Government bodies are slowly embracing the compounds for the numerous therapeutic benefits they offer. 

As a result, the sector has grown exponentially, with new products coming up frequently, all in the quest to help patients suffering from numerous conditions, especially mental disorders. 

About Aphamind Brands

Alphamind brand is a Canadian-based company that has operations in the United States and Canada. The brand has its focus on the creation of natural health products using legal mushrooms. It is currently conducting research and development on the possible applications of psilocybin in pharmaceutical treatments. 

They develop and distribute liquid tinctures, chocolate, tea, and concentrated mushroom powder. These products are made from various mushrooms like Oyster, Cordyceps, Reishi, Lion’s Mane, and Shiitake.