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New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) has signed a Letter of Intent (LOI) for exclusive licensing rights in Washington State with JBS Ventures LLC, a cannabis distribution firm. This partnership enables New Leaf USA, its subsidiary, to source, manufacture, distribute, and market select brands from JBS. Stash House Distribution, a leader in Oklahoma's cannabis sector, will leverage its distribution expertise and proprietary software to enhance operations in Washington. CEO Robert Colwell emphasized the significance of this deal for expanding brand presence in the cannabis market.
New Leaf Ventures Inc. (CSE: NLV, OTC: NLVVF) has outlined strategic plans for Q1 2022 at its subsidiary, New Leaf USA. The company aims to enhance operational efficiency through automation, targeting significant equipment acquisitions to reduce labor costs and improve production quality. A new line of edible gummies will launch, expanding their product range. Plans for cultivation upgrades are underway to address market oversaturation. New Leaf is positioning itself to become a multi-state operator, focusing on partnerships and acquisitions that enhance market share.
New Leaf Ventures Inc. (CSE: NLV, OTC: NLVVF) has engaged Chef Allan Abramovitz of Allan Consulting Group to enhance its infused edible product line. Chef Allan brings over 30 years of culinary experience, having previously worked with prominent brands and cannabis initiatives. His role includes overseeing kitchen operations, product development, and compliance with industry regulations. CEO Michael Stier emphasizes that Chef Allan's expertise is vital for expanding New Leaf's market share and achieving operational success across multiple states, as the company aims for nationwide growth.
New Leaf Ventures Inc. has appointed Brad Songhurst as Chief Operating Officer and David Tran as Chief Strategy Officer of its subsidiary, New Leaf Services. Both bring extensive experience from the cannabis and hospitality sectors, having co-founded Goldfingers Group. Their expertise is expected to drive New Leaf’s multi-state expansion strategy in the cannabis industry. Songhurst has successfully generated over $160MM in cannabis revenue and Tran has a history of accelerating growth in cannabis ventures. Both executives have been granted options to acquire common shares, aligning their interests with the company.
New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) announced a commercial packaging, licensing, and distribution agreement with Long Play Inc. for the renowned cannabis brand WILLIE'S RESERVE™. This exclusive agreement, effective from August 31, 2021, grants rights to source, manufacture, distribute, and market Willie’s Reserve products in Washington State. The licensed products include various cannabis items, enhancing New Leaf's positioning in the market. President Boris Gorodnitsky emphasized the potential for growth and strategic partnership in a rapidly evolving industry.
New Leaf Ventures Inc. (CSE: NLV, OTC: NLVVF) announces participation in major cannabis events in Las Vegas from October 19-22. The MJBizCon and MJ Unpacked aim to enhance industry engagement. New Leaf is a main sponsor of 'The Zodiac Party', providing an opportunity to network with industry leaders and investors. CEO Michael Stier emphasized the significance of these events for potential investments and partnerships.
New Leaf Ventures Inc. (CSE: NLV, OTC: NLVVF) has launched a new CBD brand, Dama Life, through its subsidiary New Leaf USA. The rebranded Dama product line features innovative formulations of non-psychoactive hemp oil products aimed at a national audience. CEO Robert Colwell emphasized the company's commitment to quality, highlighting years of experience in cannabis cultivation and product development. The new product offerings include gummies, tinctures, and capsules, designed for consumer health and wellness. They maintain compliance with THC regulations and aim to provide superior purity from regional growers.
New Leaf Ventures Inc. announces the rebranding of its flagship Dama product line and the launch of new brands Tasty Tokes and Green State. Tasty Tokes will offer infused pre-rolls made with high-quality flower, targeting the growing market for flavored options. Green State features a terroir approach, highlighting unique farming techniques in Washington. The company aims to engage Millennials and Gen Z through an updated website and strategic online ordering via Leaflink, enhancing market penetration and retail connections. Research indicates a growing demand in the cannabis sector, particularly among younger consumers.
New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) has announced a letter of intent (LOI) to acquire exclusive licensing rights for the cannabis brand WILLIE'S RESERVE™ in Washington State through its subsidiary, New Leaf USA. This agreement with GCH Inc. allows New Leaf to source, manufacture, distribute, and market the entire lineup of WILLIE'S RESERVE™ products in the region. CEO Robert (Dax) Colwell emphasized the strategic opportunity for growth and recognition that this brand brings, aiming to cater to existing fans and expand its market presence.
New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) has launched its cannabis-infused beverage brand, Astara, through its subsidiary New Leaf USA. This product aims to cater to the rising demand for healthy recreational beverages as alcohol consumption returns post-pandemic. Astara offers three formulations: Yerba Mate Lemonade, Imperial Ginger Beer, and Guava Grapefruit Seltzer, each with varying THC and other beneficial ingredients. The products will initially be available in 6-packs at Washington state dispensaries.
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