After 50 years of toking and joking Cheech & Chong are now in the weed dispensary business!
Cheech & Chong have announced plans to enter into a dispensary license with Five Point Holdings Inc. to develop a five state dispensary chain. Five Point Holdings Inc. is a diversified cannabis branding company with decades of dispensary retail, branding, and media experience is pleased to announce its licensing agreement (the “Agreement”) with Cheech & Chong’s management company to license the Cheech & Chong Brand to initially open dispensaries in California, Nevada, Arizona, Illinois and Washington.
50 years after their first album together, Cheech Marin and Tommy Chong are still in business together.
The license will allow the company to develop experiential cannabis dispensaries utilizing the Cheech & Chong brand name. “There are a handful of names and brands recognized by everyone around the world and the Cheech and Chong brand is one of them.” says Paris Chong,
Director at Five Point Holdings and manager of his father Tommy Chong. As part of this licensing agreement, the dispensaries will feature cannabis products from both Tommy Chong’s Cannabis and Cheech’s Stash brands. Tommy has also said that he intends on using all proceeds received through sales taxes for public school funding.