Sensi Brands Inc. Launches THC-Infused Pouch “Chillows by Potluck™” promising a shift in consumption patterns for Canadian Cannabis Consumers

ST. THOMAS, Ontario--(BUSINESS WIRE)--Nov 25, 2024--

Sensi Brands Inc., an innovative and market-leading Canadian cannabis producer, is excited to announce the launch of “Chillows by Potluck™”, a THC-infused pouch that is placed between a consumer’s lip and gum area for smoke-free and spit-free consumption. A first to market product, Chillows introduces precise dosing and rapid onset, delivering THC effects within 10 to 15 minutes. This revolutionary and discreet mode of consumption is convenient, and reduces the stigma that may accompany traditional forms of cannabis use.

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With the tagline “Go Chill...Anywhere, Anytime™”, Chillows exemplify the ultimate cannabis experience, making THC consumption convenient, accessible, flavourful, and discreet. Each pouch provides 10mg of THC, and there are 10 pouches in each container. Four delicious flavours are available — Winter Mint, Hot Cinnamon, Coffee and Tangy Citrus.

“Innovating and delivering a breakthrough product, that redefines how cannabis is consumed, was a challenging and extremely rewarding journey that we started over 2 years ago,” said Tony Giorgi, Sensi Brands CEO, who was recently recognized as an EY Entrepreneur Of The Year® 2024 Award winner in Ontario.

“The creation of “Chillows by Potluck™” required the development of a new domestic supply chain, and build-out of our internal manufacturing capability. Sensi Brands proudly manufactures all products internally, providing Sensi with first mover advantage, full control over production IP and quality and the ability to rapidly scale to meet consumer demand,” he added, “We believe our customers appreciate the quality of our locally sourced and manufactured products compared to container sourced.”

“Chillows by Potluck™” will be available in Ontario, Manitoba, Saskatchewan and Alberta retailers starting the week of December 9 th, 2024 with more provinces coming online in 2025. For more information, please visit www.chillows.com.

A Landmark Year for Innovation

The launch of “Chillows by Potluck™” crowns a groundbreaking year of innovation for Sensi Brands Inc., which introduced a total of five industry-first products in 2024.

Highlights include:

These innovations reflect Sensi Brands’ dedication and commitment to identifying consumer needs and setting new market standards for innovation, product quality, convenience, and creativity.

About Sensi Brands Inc.

Sensi Brands Inc. (SBI) is a vertically integrated and federally licensed cannabis cultivation, processing, and consumer packaged goods company, and a recognized leader in Canada's cannabis industry. With a commitment to quality and innovation, SBI operates a diverse portfolio of award-winning adult-use cannabis brands, including Station House, SensiMila, Potluck, Feather and Good Greens Medical.

In addition to its consumer brands, Sensi Brands Inc. operates five lines of business catering to both domestic and global cannabis markets. These include wholesale product distribution, a full-service medical marketplace, a medical cannabis clinic, and a retail "farm-gate" store located at its production facilities in St. Thomas, Ontario.

To learn more about Sensi Brands, please visit: www.sensibrands.ca

 

Sensi Brands launches “Chillows by Potluck™”, a first to market THC-infused pouch that is placed between a consumer’s lip and gum area for smoke-free and spit-free consumption. (Graphic: Business Wire)

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years.

The department store chain, which also operates Bloomingdale's and Bluemercury cosmetics chain in addition to its namesakes stores, was expected to report quarterly results on Tuesday.

The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this month. An independent investigation and forensic analysis found that a single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries to hide roughly $132 million to $154 million of expenses from the fourth quarter of 2021 through the fiscal quarter ended November 2.

The company recognized about $4.36 billion of delivery expenses during the same time period.

Macy's said that there's no indication that the erroneous accounting accrual entries had any impact on its cash management activities or vendor payments.

The company added that the person behind the conduct is no longer an employee and that the investigation didn't identify involvement by any other worker.

Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation. It anticipates reporting its full third-quarter financial results by Dec. 11.

“At Macy’s Inc., we promote a culture of ethical conduct," Chairman and CEO Tony Spring said in a statement. "While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our customers and executing our strategy for a successful holiday season.”

The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion, slightly above the average analyst estimate of $4.72 billion.

Macy's Inc.'s comparable sales — sales from established physical and online channels — were down 2.4%, excluding licensed businesses like cosmetics. By division, Macy's comparable sales were down 3%, while Bloomingdale's comparable sales rose 1%. Bluemercury's comparable sales rose 3.3%,

Macy's so-called First 50 stores – which are the ones Macy’s has renovated and put more effort into with extra customer service — produced a comparable sales gain of 1.9% in the latest quarter.

Shares fell 3.3%, or 53 cents, to $15.77 in afternoon trading Monday.

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AP Retail Writer Anne D'Innocenzio in New York contributed to this report.

This story has been corrected to show that quarterly sales were better than expected, not worse.

FILE - Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. (AP Photo/Nam Y. Huh, File)