Petrone Worldwide, Inc. Signs Letter of Intent with Twisted Lab, LLC to Distribute Cannabis Related Products Throughout Europe
February 21, 2017 at 07:00 am
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Petrone Worldwide, Inc. (PFWI) announces that the company has formally signed a Letter of Intent with Twisted Lab, LLC to become the exclusive distributor for their cannabis products throughout Europe. In addition, PFWI will facilitate the building of a premier international sales and marketing distribution network throughout the sovereign states of Europe that will be mutually beneficial for both Petrone Worldwide and Twisted Lab. Petrone Worldwide is going to provide Twisted Lab the logistics and distribution network it needs to break into several new completely untapped markets in Europe. Both companies will see dramatic increases in both activity and brand awareness due to this partnership. Petrone Worldwide, Inc. will continue to update both the public and shareholders as the company formalizes their deal with Twisted Lab and begins international distribution of their products.
Petrone Worldwide, Inc. (Petrone Worldwide) is an importer and distributor of commercial grade tableware products, decorative hotel guest room amenities, lavatory and bathroom fixtures and furniture, food and beverage service items, and trendy accessories for the Asian and the European marketplaces. The Company's brands include Front of the House and Room 360. Petrone Worldwide sells and markets products under its own name and acts as a distributor primarily to companies to the hospitality trade. The Company's product lines consist of hotel groups, such as Marriott Hotel Brands, The Four Seasons Hotel & Resorts, Hilton Worldwide, Hyatt Hotels & Resorts, Starwood Hotel & Resorts, and Fairmont Hotel & Resorts, and smaller hotel chains and upscale restaurants. The Company sells product lines, such as front of the house collection and room360 degree back of the house collection.