Farmhouse Inc. announced the launch of a joint venture to license Bored Ape Yacht Club (BAYC) #2186, "Oro Blanco," as the face of a new cannabis brand on behalf of Ape-In Productions (AIP), a ground-breaking entertainment company and virtual community. The joint venture is part of the Company's planned growth strategy for increasing revenue streams by connecting the Farmhouse network of established cannabis brands to exciting value-add opportunities. With over 95,000 Twitter followers and a platform of over 5,000 cannabis professionals, the Company is opening doors for cannabis brands to expand into NFTs and web3 communities.

Among other community benefits and network effects, BAYC bestows the intellectual property rights of the Bored Apes to their holders, and these powerful commercial rights can be leveraged inside and outside of the NFT space, and AIP is doing just this to inject the excitement of music fandom into the BAYC world. AIP was formed to develop NFTs such as Bored Apes into popular music artists in the metaverse, and already boasts a roster of talented characters, such as Oro Blanco, who are growing in popularity and visibility. The joint venture represents the Company's ability to monetize its growing cannabis network by connecting retail brands with the top communities in the NFT space.

With thousands of cannabis professionals in the Farmhouse network, and access to an ever-growing network of burgeoning NFT assets, the Company is positioned to pioneer the future of NFTs and cannabis.