- Business
- Vertical Peak Holdings Inc., formerly High Fusion Inc., develops and manufactures branded cannabis products for medical and adult recreational use, with a focus on flower, pre-rolls, vapes, edibles, and oil extracts; its primary portfolio includes the OutCo and Thrive brands, complemented by FLÏ edibles and vape products. The company, incorporated in 2004 and headquartered in Toronto, Canada, previously operated manufacturing, retail, and cultivation licenses in California and extraction and edible facilities in Colorado, while targeting the United States cannabis market. In May 2023, it changed its name from High Fusion Inc. to Vertical Peak Holdings Inc. and completed a spin-out of a portion of its Neural Therapeutics Inc. shares through a plan of arrangement; more recently, it entered a binding letter of intent to sell its California operations to Downwind Holdings Inc., a related party, retaining assets in Oregon and an equity interest in Neural Therapeutics Inc.