Business
Golden Leaf Secures Cultivation License From Health Canada For State-of-the-Art Ontario Grow Facility
Golden Leaf Secures Cultivation License From Health Canada For State-of-the-Art Ontario Grow Facility.
About this update from Chalice Brands Ltd.
[{"type":"text","content":"\n\n PORTLAND, Ore., Nov. 27, 2017 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company and dispensary operator built around recognized brands, today announced that on November 24, 2017, its subsidiary, Medical Marijuana Group Corporation (“MMG”), was granted a cultivation license for its marijuana grow facility located in St. Thomas, Ontario. MMG’s St. Thomas facility is expected to use the most current and advanced growing technologies to maximize its 6000 square foot space to yield high value crops difficult to replicate in greenhouse operations. MMG expects to submit expansion plans for additional growing space, oil extraction labs and edible production space at the St. Thomas facility.\n “Receiving this license represents a landmark step for Golden Leaf, as it will provide entry into what we expect will be a burgeoning Canadian cannabis market in 2018,” commented Mr. William Simpson, Chief Executive Officer of the Company. “Expanding into emerging growth markets such as Canada will enable Golden Leaf to leverage its expertise and experience in the oil extraction and edibles markets to achieve a significant market presence as Canada’s recreational cannabis market evolves. We are confident that the combination of our established Golden and Chalice Farms brands will position MMG as a market leader.” Phil Millar, President of MMG added, “We are very excited to receive this key license from Health Canada and look forward to continuing to work with the agency towards expanding the operating scale of our St. Thomas facility. We are confident in our prospects to establish MMG as a vertically integrated provider of high quality cannabis oils and edibles to the cannabis marketplace in Canada beginning in 2018, targeting both medical and adult-use segments.” To be added to the email distribution list please email [email protected] with ‘GLH’ in the subject line. About Golden Leaf Holdings Golden Leaf Holdings Ltd., based in Portland, Oregon, is one of the largest cannabis oil and solution providers in North America, and a leading cannabis products company built around recognized brands. Golden Leaf Holdings cultivates, extracts and manufactures and distributes it...