In addition, Webber recently appointed Matt Barnes, former NBA star and teammate, as Chief Collaborations Officer while launching "The Smoke" with his partner and co-host, Stephen Jackson. He is also re-uniting with his former Sacramento Kings teammate Jason Williams to unveil the "White Chocolate" strain. Detroit's legacy brand "Lil Stupid" will also launch for the first time in the regulated market while legendary Detroit hip-hop artist Royce 5'9" will roll-out his "Heaven" brand as part of an innovative NFT.Ī thoughtful partnership with Raekwon from Wu-Tang launches Compliments of the Chef and his partnership with Citizen Grown highlighting their commitment to the community. The brand collaborates with black cultivators and operators, including Hassim Robinson and Winner's Circle Genetics, bringing the famous PB&J strain as well as Quavo's BIRKINZ to the Michigan market. The Players Only brand will launch with Chris Webber's specially selected C4, Time Out and G.O.A.T.'s Milk strains and other exclusive PO branded strain offerings like Non-Laters and Whipped Cherries with Blueberry Hotcakes and Ray Jackson's Black Sox coming in the weeks ahead. In March 2022, TerrAscend secured exclusive retail rights for Players Only products in Michigan through the acquisition of Gage Growth Corp. Additionally, the brand is partnering with musicians, entertainers, influencers, legacy cultivators and community organizations on multifaceted collaborations on products and initiatives. Players Only boasts a wide array of cannabis products and experiences, including exotic cannabis flower strains, all-natural cannabis oil cartridges, pre-rolls, vapes, sport recovery and performance products and more, as well as Players Only branded apparel and footwear. The NBA icon will also celebrate the unveiling of Players Only with an activation in his hometown of Detroit before expanding the brand to additional markets. The upstart brand will have new offerings available for purchase at select Gage and Cookies dispensaries throughout Michigan. 11, 2022 /PRNewswire/ - Today, NBA Hall of Famer and entrepreneur Chris Webber announced the worldwide formal launch of his luxury cannabis brand Players Only ("PO") with his business partner Lavetta Willis. The company named former Royal Dutch Shell plc senior executive and its current Chief Technology Officer Alan Matula as the interim-chief executive officer, and said the search for a permanent CEO was underway.Brand Co-Founded by NBA Hall of Famer Rolls Out Premium Offerings with Limited Product Drops at Select Gage and Cookies DispensariesĭETROIT, Aug. In the quarter ended March 31, Weber's net sales decreased 7% and net loss came in at $51 million compared with a net income last year. The company also forecast a net loss for the quarter ending June 30, citing weak store traffic and higher discounting. Weber, which also suspended its quarterly cash dividend, said it was pursuing a number of initiatives, which may include job cuts, reducing expenses and tightening its inventory levels. The company withdrew its fiscal 2022 net sales and core earnings forecasts, saying higher consumer prices and geopolitical uncertainty were squeezing store traffic as well as margins. (Reuters) - Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker's financials and workforce, sending its shares down 20% in premarket trading.
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