Irwin Naturals Inc. announced on a licensing agreement with JV 805 LLC dba Hyphae Wellness to manufacture, sublicense and distribute Irwin Naturals THC products throughout that state. Irwin Naturals previously reached licensing agreements for the manufacture and distribution of its THC products in California, Colorado, Ohio, New Mexico, and Michigan. The addition of Oregon means that Irwin Naturals THC products are headed to dispensary shelves in five of the 19 states where marijuana is legal for recreational use, including three of the top five markets in the country.

Irwin Naturals was founded in 1994 and has built itself into a brand that is now recognized in 80% of American households1 with best-in-class nutraceuticals, such as its famous ‘Power to Sleep PM.' Irwin Naturals products are available in more than 100,000 stores in North America. Under the licensing agreement, Irwin Naturals THC products will be manufactured and distributed through Hyphae Wellness, a craft mushroom and cannabis company focused on living soil cultivation methods and solventless manufacturing processes.

Based in Eugene, it has state-wide distribution, working with more than 100 retailers across the state. Ostrove has two Master's degrees and a Doctorate from the University of Oregon. In 2016, he became the President and Founder of one of the first companies in Oregon authorized to cultivate cannabis for recreational use.

Cannabis is now legal in the majority of states. However, because it is not legal at the federal level, cannabis products must be approved on a state-by-state basis. Irwin Naturals is achieving national distribution by reaching exclusive licensing agreements with cannabis manufacturers in different states.

Of the 19 states that now allow recreational use of marijuana, Irwin Naturals has licensing agreements with companies in five of those states: California, Colorado, Michigan, New Mexico, and now Oregon. It also has a licensing agreement with a company in Ohio where cannabis use is allowed for medical purposes. Oregon legalized the medical use of marijuana in November 1998 when a citizen initiative was passed by voters.

Non-medical cultivation and use of marijuana became legal in the state on July 1, 2015.