Mode partners with Merida Capital Holdings to prepare for the launch of the world’s first intelligent cannabis dispenser

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VENICE, California – (BUSINESS WIRE) –mode today gave his longstanding partnership with Merida Capital Holdings, a private equity firm targeting fundamental growth drivers that accelerate the rapid development of the cannabis and hemp industries. With the support of Merida, Mode will introduce its flagship product, the world’s first universal intelligent cannabis dispenser and the companion app for 510 cannabis cartridges. Fashion offers a sensible approach to consumption and helps consumers get the ideal experience every time.

The mode offers exclusive features including:

  • Real-time dosing control – With the Touch Slider ™ from Mode, consumers can adjust their dose with milligram accuracy.
  • Universal 510 compatibility – Mode is compatible with the universal 510 thread cartridge, giving consumers the freedom to enjoy their favorite varieties from the best brands on the market.
  • Haptic Guide ™ – The haptic instruction for inhaling and exhaling fashion shows the consumer with a gentle vibration of the device exactly when to stop inhaling and when to exhale.
  • Quick-Snap ™ connection – Replace 510 cartridges with a simple click. No screwing or twisting required.
  • Connected mode app – The accompanying mobile app provides access to detailed dosage plans, product information, feedback loops, personalized recommendations and consumption analyzes.

Founded by cannabis visionaries Izzy Kirsh, Mark (Akiva) Wagner and Stephen Bates, the fashion platform was developed for wellness and leisure consumers alike. The trio then embarked on an extensive research and development exploration, partnered with a world-class design and engineering team, and raised $ 3.5 million in funding to bring fashion to market.

Also announced today is the appointment of Seth Hayes, as the new Vice President for Research and Development in Fashion. Seth spent 5 years at SpaceX, where he led engineering efforts for the Falcon 9 launcher and then the Dragon Crew spacecraft, helping bring the capabilities of human space travel back to the United States.

For more information on fashion and to reserve your pre-order, visit www.mode.co. Check out this video to see how fashion works.

About the mode

Mode is the world’s first intelligent cannabis dispenser and the companion app for 510 cannabis cartridges. Designed to take the guesswork out of dosage, Mode’s sensible approach to cannabis use puts control in the hands of consumers so they can meet specific health and wellness goals and get the ideal experience every time. Further information can be found at www.mode.co.

About Merida Capital Holdings:

Merida Capital Holdings is a private equity firm that targets fundamental growth drivers that accelerate the rapid development of the cannabis and hemp industries. Merida’s motto, Responsible Investing in the Cannabis Ecosystem, underscores its focus on governance and identifies leading cultivation technologies, products and services related to the development of cannabis and hemp as agricultural products, herbal medicines, ingredients in pharmaceutical formulations and recreational consumers. For more information, please visit www.meridacap.com or follow Merida on Twitter @meridacap.



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