The deal supports state-wide distribution, logistics and technology infrastructure with expanded capacity, top-performing sales organization, leading portfolio The deal supports state-wide distribution, logistics and technology infrastructure with expanded capacity, top-performing sales organization, leading portfolio

Petalfast and Sunderstorm Announce LOI to Combine Distribution Capabilities in Strategic California Expansion

The deal supports state-wide distribution, logistics and technology infrastructure with expanded capacity, top-performing sales organization, leading portfolio of brands led by Sunderstorm’s KANHA premium line of cannabis edibles, and growth capital to support future expansion.

IRVINE, Calif., Dec. 17, 2025 /PRNewswire/ — Petalfast, a leading national sales and distribution platform for the regulated cannabis industry, today announced the signing of a Letter of Intent to combine Sunderstorm’s California distribution and logistics assets with Petalfast’s growing national platform. The transaction, slated for completion in Q1 2026, marks Petalfast’s major entry into California distribution and includes exclusive, long-term rights to distribute Sunderstorm’s KANHA premium edibles line. The deal transforms Petalfast into a full-service California distributor, with statewide reach through Sunderstorm’s NorCal and SoCal hubs, best-in-class technology, delivery fleet, proven AR/cash collection systems and an experienced workforce. In turn, Sunderstorm gains greater resources to expand its house of brands and access to a well-capitalized partner in Petalfast. Retailers will continue to work with the same Sunderstorm logistics and operations teams they trust today, while gaining the added resources, tools and technology of the Petalfast ecosystem.

“We’ve been listening to the market and have heard repeatedly about the need for more customer-focused distribution solutions. By gaining Sunderstorm’s operational excellence and experienced team, this agreement accelerates our path to becoming the country’s top cannabis sales and distribution company as the industry evolves,” said Petalfast CEO Jason Vegotsky.

“Petalfast has established itself as a leader of sales and distribution in multiple cannabis markets, and this agreement positions them for even greater growth and impact,” said Cameron Clarke, co-founder and CEO of Sunderstorm. “Sunderstorm’s sophisticated technology and systems will efficiently deliver cannabis products at scale for Petalfast customers. In addition, this deal allows us to focus on building our house of brands while ensuring our retail partners receive industry-leading service.”  

Brands interested in working and growing with Petalfast should email hey@petalfast.com.

About Petalfast
Petalfast is a leading national sales, marketing and distribution platform for the regulated cannabis industry. The Company represents emerging and established cannabis brands, selling into and through retail channels in California and Arizona. Notable cannabis brands already engaged in the Petalfast platform include MFused, Maven, Sherbinski, Cure Company, Wana, and Smokiez. Through its comprehensive agency of services, Petalfast provides brands with direct access to leading retailers, valuable feedback from buyers and the opportunity to gain market share. The Company is currently expanding its high-performing sales and distribution team and retail engagement services into additional legal cannabis markets throughout the United States.

About Sunderstorm
Founded in 2015, Sunderstorm is a leading cannabis company with the first global cannabis edibles brand, KANHA, setting the benchmark for innovation, quality, and scale. KANHA is known for award-winning fast-acting edibles and vapes celebrated for flavor, texture, purity, and precision dosing, backed by the brand’s Fresh Promise; a commitment to zero pesticides, rigorous testing, and nitrogen-flushed packaging for optimal freshness. Sunderstorm operates across major U.S. markets including California, Nevada, Massachusetts, and Illinois, with recent international expansion into Thailand, Japan, Europe, and Australia. KANHA’s hemp-derived gummies are also available in an additional 30+ U.S. states via kanhalife.com.

Cision View original content:https://www.prnewswire.com/news-releases/petalfast-and-sunderstorm-announce-loi-to-combine-distribution-capabilities-in-strategic-california-expansion-302644889.html

SOURCE Petalfast

Market Opportunity
TOP Network Logo
TOP Network Price(TOP)
$0.000096
$0.000096$0.000096
0.00%
USD
TOP Network (TOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Optum Golf Channel Games Debut In Prime Time

Optum Golf Channel Games Debut In Prime Time

The post Optum Golf Channel Games Debut In Prime Time appeared on BitcoinEthereumNews.com. FARMINGDALE, NEW YORK – SEPTEMBER 28: (L-R) Scottie Scheffler of Team
Share
BitcoinEthereumNews2025/12/18 07:21
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Read Trend And Momentum Across Markets

Read Trend And Momentum Across Markets

The post Read Trend And Momentum Across Markets appeared on BitcoinEthereumNews.com. Widely used in technical analysis, the MACD indicator helps traders read trend
Share
BitcoinEthereumNews2025/12/18 07:14