Petalfast Acquires Flow Distribution to Expand National Cannabis Presence

Petalfast, a prominent sales and distribution platform in the cannabis industry, has announced its acquisition of Flow Distribution's sales and distribution subsidiary, marking a significant step toward expanding its national footprint. Flow Distribution, based in Phoenix, Arizona, is celebrated for its cultivation, manufacturing, and distribution of cannabis, servicing renowned brands like Stiiizy, Wana, and 22 Red. This acquisition is poised to enhance Petalfast's capabilities, adding valuable brand partnerships and full statewide distribution services to its portfolio.

This strategic move follows Petalfast's successful capital raise and is aligned with its vision to become the leading distributor in the U.S. cannabis market. The integration of Flow's comprehensive sales and distribution network with Petalfast's expertise in brand management and marketing is expected to offer unparalleled services to cannabis brands, facilitating their efficient and effective scale-up.

Both companies have expressed enthusiasm about the merger. Petalfast's CEO, Jason Vegotsky, highlighted the benefits of Flow's established market presence and relationships in Arizona. Meanwhile, Flow's founder, Brad Ottomeyer, looks forward to introducing additional capabilities and resources to their client services, maintaining a focus on white-label cultivation and manufacturing offerings.