Bhang Inc. announced that it has entered into a licensing agreement (the "Agreement") with Mana Supply Holdings ("Mana") to let the multi-state operator ("MSO") manufacture and sell Bhang products to recreational cannabis retailers in the state of Missouri, which legalized the sale of recreational cannabis in February this year. The Agreement is part of Bhang's continued focus on adding new markets and identifying new revenue streams to build on its success. The Agreement was signed on April 13, 2023, and has a five-year renewable term, currently coveringana's cannabis manufacturing and supply footprint in Missouri.

Currently, the MSO supplies 170 recreational cannabis retailers in the state, out of approximately 200. Bhang products are expected to be available in the state by the end of Second Quarter 2023.