Petalfast, a national sales and distribution platform for the cannabis industry, today announced the acquisition of the sales and distribution subsidiary of Flow Distribution, a cultivator, manufacturer and distributor of cannabis products in Arizona.
Founded in 2017 and based in Phoenix, Arizona, Flow has been a partner for cannabis brands such as Stiiizy, Wana and 22 Red, providing full statewide sales coverage, marketing, warehousing and logistics services. By uniting Flow's sales and distribution teams with Petalfast's brand management, and sales and marketing teams, the newly combined company will provide a suite of distribution services to new and existing brands.
"After recently concluding an accretive equity capital raise, Petalfast's acquisition of Flow is another significant strategic milestone for our business and push towards becoming the largest cannabis distributor in the country," said Petalfast CEO Jason Vegotsky. "Flow's presence in the growing Arizona market and established relationships with major retailers and brands will ultimately benefit existing and new brand partnerships. We are eager to collaborate with the talented team at Flow to provide our combined customer base with unparalleled service and expertise."
"The Flow team is thrilled to welcome this new stage of growth and innovation with Petalfast. With a commitment to delivering exceptional value to their clients and a culture of professionalism and positivity, Petalfast seamlessly aligns with the foundation we have built here at Flow," said Flow founder and CEO Brad Ottomeyer. "We are excited to complement our services with additional capabilities, resources, and support from the Petalfast team. Flow Arizona will continue to provide cannabis brands seeking to scale with our top-notch white-label cultivation and manufacturing services."
