Launch Poised to secure state-wide revenue growth for GABY
SANTA ROSA, CA / ACCESSWIRE / June 17, 2021 / GABY Inc. (“GABY” or the “Company“) (CSE:GABY)(OTCQB:GABLF), a California consolidator of cannabis dispensaries and the parent company of San Diego’s Mankind Dispensary (“Mankind Dispensary“), is pleased to announce the statewide launch of Kind Republic™, a California based lifestyle cannabis brand. Formerly an exclusive brand to Mankind Dispensary, it is set to launch state-wide on June 28, 2021. Manufactured and distributed by GABY owned Sonoma Pacific Distribution Inc. (“Sonoma Pacific“), Kind Republic™ products will soon be available in dispensaries across the State of California.
“The state-wide launch of Kind Republic™ through the distribution and manufacturing infrastructure of Sonoma Pacific is an example of the synergies available to GABY following its merger with Mankind Dispensary and will contribute to the Company’s stated objective of increasing overall brand longevity, increased revenue and margin growth”, said Margot Micallef, Founder, and CEO of GABY Inc.
A successful six-month soft launch of Kind Republic™ at Mankind Dispensary generated over $1.0 million in revenue at a 71% gross margin. The benefits of GABY building its proprietary brands by placing them in its dispensaries substantially increase as GABY continues to execute on