Irwin Naturals Inc., after inking a deal with The Hive Laboratory last month, announced a new deal with Assurance Laboratories LLC.
Irwin Naturals subsidiary, Irwin Naturals Cannabis Inc., will enter an agreement with New Mexico-based Assurance for the licensing of Irwin's formulas augmented with THC.
The deal looks similar to the one signed with The Hive, but with the addition that recreational marijuana just recently started commercialization in New Mexico.
Klee Irwin said Irwin Naturals CEO, Irwin Naturals, is working towards our objective of having Irwin Naturals branded THC products on dispensary shelves in most of the country's 38 legal states. John E. Mancini, owner of Assurance, called the deal with Irwin Naturals a game-changer for the company. We are delighted to have been selected by Irwin Naturals as their partner, and we look forward to bringing their highly trusted brand to the people of New Mexico. Irwin Naturals recently shared its financial results, showing a $100 million yearly revenue, and expanded its ketamine capabilities, with the goal of becoming America's largest ketamine-assisted therapy chain.