Ithaca Organics Cannabis Co. rebrands to Flo Extracts, LLC in New York
Distributor and cultivator license holder completes name change as New York adult-use market processes bulk licensing updates.
FILE — dealmaking · Perzon SEO / CC BY 2.0Ithaca Organics Cannabis Co., which holds active adult-use distributor and cultivator licenses in New York, has formally changed its licensee name to Flo Extracts, LLC, according to the state license roster. The company operates under license numbers OCM-DIST-24-000066 and OCM-CULT-24-000143, both marked active.
The rebranding occurs on a day when New York's cannabis regulator processed multiple license changes across the supply chain—including name changes for Gen V Labs (now Ayrloom) and Flawless NY LLC (now proper releaf). The state currently tracks 880 open retail locations, 252 cultivation sites, and 515 manufacturing operations, with 425 applications pending.
Ownership and operational changes of this type are routine in maturing state markets but suggest ongoing consolidation or restructuring among existing licensees. Watch whether the Flo Extracts rebranding signals new capital backing or operational strategy shifts in the distributor segment.