International Star Inc. Announces International Expansion Into Thailand
International Star Inc. (OTC PINK:ILST) has announced a strategic partnership between its subsidiary, Budding Equity , and LXIII Holdings Inc. to expand operations into Thailand's cannabis market. The agreement grants LXIII Holdings exclusive licensing rights for the Fryday and Da Grassy cannabis brands in Thailand.
The partnership includes guaranteed minimum payments to Budding Equity and its joint ventures. LXIII Holdings will utilize its local network and expertise to establish distribution channels while maintaining brand standards. The expansion targets Thailand's growing cannabis market, which has recently legalized both medical and recreational use.
International Star Inc. (OTC PINK:ILST) ha annunciato una partnership strategica tra la sua filiale, Budding Equity, e LXIII Holdings Inc. per espandere le operazioni nel mercato della cannabis in Thailandia. L'accordo concede a LXIII Holdings diritti di licenza esclusivi per i marchi di cannabis Fryday e Da Grassy in Thailandia.
La partnership prevede pagamenti minimi garantiti a Budding Equity e ai suoi joint venture. LXIII Holdings utilizzerà la sua rete locale e la sua esperienza per stabilire canali di distribuzione, mantenendo al contempo gli standard del marchio. L'espansione punta al crescente mercato della cannabis in Thailandia, che ha recentemente legalizzato sia l'uso medico che quello ricreativo.
International Star Inc. (OTC PINK:ILST) ha anunciado una asociación estratégica entre su subsidiaria, Budding Equity, y LXIII Holdings Inc. para expandir operaciones en el mercado de cannabis de Tailandia. El acuerdo otorga a LXIII Holdings derechos de licencia exclusivos para las marcas de cannabis Fryday y Da Grassy en Tailandia.
La asociación incluye pagos mínimos garantizados a Budding Equity y sus empresas conjuntas. LXIII Holdings utilizará su red local y su experiencia para establecer canales de distribución, manteniendo los estándares de la marca. La expansión está dirigida al creciente mercado de cannabis de Tailandia, que recientemente ha legalizado tanto su uso médico como recreativo.
International Star Inc. (OTC PINK:ILST)는 자회사인 Budding Equity와 LXIII Holdings Inc. 간의 전략적 파트너십을 발표하며 태국의 대마초 시장으로의 진출을 확대합니다. 이 계약은 LXIII Holdings에게 태국에서 Fryday 및 Da Grassy 대마초 브랜드에 대한 독점 라이선스 권한을 부여합니다.
파트너십에는 Budding Equity 및 그 공동 사업체에 대한 최소 보장 지급이 포함되어 있습니다. LXIII Holdings는 지역 네트워크와 전문성을 활용하여 유통 채널을 구축하고 브랜드 기준을 유지할 것입니다. 이번 확장은 최근 의료 및 레크리에이션 사용이 모두 합법화된 태국의 성장하는 대마초 시장을 목표로 하고 있습니다.
International Star Inc. (OTC PINK:ILST) a annoncé un partenariat stratégique entre sa filiale, Budding Equity, et LXIII Holdings Inc. pour élargir ses opérations sur le marché du cannabis en Thaïlande. L'accord accorde à LXIII Holdings des droits de licence exclusifs pour les marques de cannabis Fryday et Da Grassy en Thaïlande.
Ce partenariat comprend des paiements minimums garantis pour Budding Equity et ses coentreprises. LXIII Holdings utilisera son réseau local et son expertise pour établir des canaux de distribution tout en maintenant les standards de la marque. L'expansion cible le marché du cannabis en pleine croissance en Thaïlande, qui a récemment légalisé l'usage médical et récréatif.
International Star Inc. (OTC PINK:ILST) hat eine strategische Partnerschaft zwischen ihrer Tochtergesellschaft, Budding Equity, und LXIII Holdings Inc. angekündigt, um die Geschäftstätigkeit auf dem thailändischen Cannabis-Markt auszubauen. Die Vereinbarung gewährt LXIII Holdings exklusive Lizenzrechte für die Cannabis-Marken Fryday und Da Grassy in Thailand.
Die Partnerschaft umfasst garantierte Mindestauszahlungen an Budding Equity und deren Joint Ventures. LXIII Holdings wird sein lokales Netzwerk und Fachwissen nutzen, um Vertriebswege zu etablieren und gleichzeitig die Markenstandards aufrechtzuerhalten. Die Expansion zielt auf den wachsenden Cannabis-Markt Thailands ab, der kürzlich sowohl die medizinische als auch die Freizeitnutzung legalisiert hat.
- Secured exclusive licensing agreement for Thailand market expansion
- Guaranteed minimum payment structure from LXIII Holdings
- Access to established local distribution network in Thailand
- Entry into newly legalized Thai cannabis market
- None.
International Star Inc. Announces Landmark Agreement To Expand Budding Equity LLC Into Thailand With LXIII Holdings Inc. (Louie the XIII)
DOVER, DE / ACCESSWIRE / January 9, 2025 / International Star Inc. (OTC PINK:ILST) is thrilled to announce a ground breaking partnership between its subsidiary, Budding Equity LLC, led by CEO Dan Rubin, and LXIII Holdings Inc. to expand operations into Thailand, marking a significant milestone in the global cannabis market.
As part of the agreement, LXIII Holdings Inc. will secure exclusive licensing rights to the iconic Fryday and Da Grassy cannabis brands for the burgeoning Thai market. This strategic partnership is underpinned by a strong financial framework, with Louis XIII guaranteeing a minimum payment to Budding Equity LLC and its joint ventures.
"This partnership represents a significant step in expanding our footprint into Asia and bringing our innovative cannabis brands to an entirely new audience," said Robert Klein, CEO of International Star Inc. "The synergy with Louie the XIII ensures a strong foundation for our brands to thrive in Thailand's evolving cannabis landscape."
Thailand's cannabis market has witnessed exponential growth since its legalization of medical and recreational cannabis, presenting a lucrative opportunity for international players. Fryday and Da Grassy, both renowned for their premium quality and market innovation, are poised to become major contenders in the region under this partnership.
LXIII Holdings Inc. will leverage its extensive local network and market expertise to establish a robust distribution pipeline while maintaining the high standards synonymous with Fryday and Da Grassy.
"LXIII Holdings Inc. is proud to partner with Budding Equity LLC to introduce these world-class cannabis brands to Thailand," stated Miguel Sugay, Co-founder and President of LXIII Holdings Inc. "Together, we aim to set new benchmarks for quality and consumer experience in this exciting international market, and the greater Asian region."
About International Star Inc:
International Star Inc. (OTC PINK:ILST) operates through its wholly-owned subsidiary, Budding Equity Inc. ("BEi") and its
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Forward-Looking Statement
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
SOURCE: International Star, Inc.
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