StemSation International announced today the completion of the acquisition of 100% of the private marketing company, Gorilla Marketing Group, LLC
- Strategic Acquisition Completed: StemSation International has finalized the acquisition of Gorilla Marketing Group (GMG), owner of the high-end AlienHouse vape product line. This move positions the company for significant growth in the THC-P vape and lifestyle product markets.
- Enhanced Market Presence: With GMG's established brand and innovative marketing, StemSation plans to expand distribution, improve efficiencies, and support new product launches in high-potential retail spaces.
- Management and Ownership Integration: GMG’s leadership will join StemSation’s Board of Directors, and GMG shareholders will acquire approximately 35% ownership in StemSation’s common shares, strengthening the partnership.
- Industry Growth Opportunity: Leveraging GMG's creative branding and the growing popularity of THC-P products, StemSation anticipates substantial growth aligned with record-breaking sales trends in convenience stores and the broader consumer goods sector.
"We previously announced the Letter of Intent to acquire 100% of GMG. We have worked quickly with our investors and vendors to complete this acquisition and bring GMG completely into the StemSation family. As I’ve stated previously, this is an active company that is already growing in the market space that offers us the greatest potential for mid and long-term growth. We will continue working with the management of GMG to improve efficiencies, finance product launches and roll their products into the broadest retail markets. Additionally, we will continue to seek further acquisitions of companies and technologies to fuel consistent growth.”
Benjamin Silber, CEO of StemSation International
“We are thrilled to have completed this acquisition so quickly and are excited to be joining the StemSation family. As I’ve said previously, it’s an exciting time to be in the consumer goods space and in the THC-P vape market specifically. AlienHouse’s marketing blends bold, imaginative visuals with clever storytelling that resonates with a wide audience. It’s not just about selling a product; it’s about selling a lifestyle—one that embodies the cutting-edge, adventurous spirit of the brand itself. AlienHouse has built a loyal customer base, and its continued innovation keeps the brand ahead of the curve. We have a unique foothold in this space and expect the market to grow substantially over the next few years. We believe that we will bring a lot of value for the StemSation stakeholders as we expand their portfolio of technologies."
Mike Gaya, CEO of GMG
Contact: |
StemSation International Benjamin Silber BSilber@stsninc.com |