Hill Street Beverage Company Inc. announced the expansion of the DehydraTECH™ licensing footprint and product portfolio through both a new licensing agreement and the new state expansion of a successful multi-state brand of DehydraTECH™-powered products. New DehydraTECH™ Licensing Deal with Neo Alternatives in MassachusettsIn Massachusetts, NEO Alternatives, LLC ("NEO"), owner of the "Root 66" brand of 100% natural, full- spectrum hemp derived CBD extract products, has become the latest licensee of the patented fast- acting cannabis delivery technology DehydraTECH™, which Hill Street owns the global rights to use in the production of THC products. NEO will use DehydraTECH™ technology to power and launch a new line of fast-acting THC products, expected to hit shelves in August this year, having now entered into a licensing agreement with Dehydr8 MA, LLC ("Dehydr8"), an affiliate of the Company's DehydraTECH™ multi-state commercialization partner Dehydr8, LLC.

The signing of NEO as a licensee follows the Company's March 1, 2022 announcement that it had granted DehydraTECH™ license rights in Massachusetts to Dehydr8, to develop new sublicensees and sales of THC products in the state. Dehydr8 is now driving commercialization of DehydraTECH™ through sublicensees operating in Michigan, Illinois, Massachusetts, and Oregon. NEO's new products will add to the portfolio of DehydraTECH™-powered products already available to customers in Massachusetts, where the leading line of 1906 Drops are sold.

Michigan Launch of Popular Fast-Acting 1906 Drops Powered by DehydraTECH.