CORRECTING and REPLACING PHOTO Boveda® Inc. Acquires FreshStor Elevating Cannabis Storage

MINNETONKA, Minn.--(BUSINESS WIRE)--Please replace the photo with the accompanying corrected photo.

The release reads:

BOVEDA® INC. ACQUIRES FRESHSTOR ELEVATING CANNABIS STORAGE

CVault® and EVault™ Storage Containers To Be Added To Product Line

Boveda Inc., the global leader in 2-way humidity control solutions for cannabis, cigars, musical instruments, and other items, today announced its acquisition of FreshStor, a leading provider of premium storage solutions for cannabis products. Effective November 1, 2023, this strategic move marks a significant milestone for both companies and the cannabis industry.

Under the acquisition, Boveda Inc. will add FreshStor's CVault® and EVault™ premium storage containers, known for their exceptional quality and innovative design, to their product line-up. These product lines offer airtight, stainless steel storage containers tailored to the unique needs of cannabis enthusiasts and professionals alike.

CVault® is renowned for its revolutionary approach to preserving the flavor and freshness of cannabis, tobacco, and spices. Constructed from 304 food-grade stainless steel, CVault containers are not only durable but also dishwasher-safe, making them easy to clean. The combination of Boveda's 2-way humidity control products and CVault provides customers with an industry-leading system for curing and storing cannabis, ensuring optimal potency, aroma, and flavor throughout the process.

EVault™ offers a secure and sanitary storage solution for plant-extracted oils, distillates, and isolates. Constructed with medical-grade 316 stainless steel, EVault containers protect products from excess light and moisture, guaranteeing the best possible preservation of valuable extracts.

The combined Boveda and FreshStor product lineup provides the best overall storage solutions in the cannabis industry.

Sean Knutsen, CEO of Boveda Inc., expressed his enthusiasm about this transformative acquisition, stating, "We are excited to welcome FreshStor to the Boveda team. The combination of our Boveda 2-way humidity control with CVault and EVault allows us to provide customers with a comprehensive range of premium storage solutions that guarantee the preservation of cannabis product quality. This acquisition strengthens our position as a leader in the storage of cannabis products and reaffirms our commitment to deliver a premium experience to the end consumer.”

About Boveda Inc.: Boveda Inc. is the global leader in 2-way humidity control. The brand’s suite of products preserve moisture-sensitive items including cigars, cannabis, medical devices, guitars, and more. Headquartered in Minnetonka, Minnesota, Boveda invented and patented the Original Terpene Shield™, which protects dried cannabis in storage, transport and packaging. Made with all-natural salts and purified water, the brand’s ready-to-use packets allow moisture to pass in and out as necessary through a semipermeable vapor-phase-reverse-osmosis membrane. The purified water creates a powerful terpene shield that protects precious trichomes by preventing evaporation and preserving terpenes, and other volatile compounds. Innovative companies ensure an exceptional consumer experience by using Boveda to maintain the quality, consistency, and freshness of their moisture sensitive products. For more information, visit BovedaInc.com.

About FreshStor: FreshStor is a trusted name in the cannabis industry, known for its premium stainless steel storage solutions. Their CVault® and EVault™ containers are designed to protect the integrity of cannabis products, preserving their quality and freshness. For more information, visit FreshStor.com.