Golden Leaf Holdings Receives City Regulatory License For Extraction Facility In Portland

 Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF), a cannabis company with cultivation, production and retail operations built around recognized brands, today announced it received its town regulatory permit for its extraction facility in Portland, Oregon. This permit, which was issued by the City of Portland, was the final leg of approval needed before the extraction equipment could be worked. The first step was getting state licensure approval, which the Company announced it received last week.

Immediately upon receipt of the city’s permit, the organization ’s production team started working the extraction equipment. The business has strong estimates of expected equipment functionality, and work to confirm that production capacity is underway.

“The next few days are important for our organization ’s production team, as we substantiate our gear performance. We have a good idea of what they are capable of generating, we just want the hard facts and data,” said William Simpson, CEO, Golden Leaf Holdings. “Once the verification process is complete, we’ll have more powerful line of sight to production capacity which our sales team can rely on to make market penetration and competitive pricing decisions. ”

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Around Golden Leaf Holdings

Golden Leaf Holdings Ltd., a Canadian company operating in a number of jurisdictions, such as Oregon, Nevada and Canada, with cultivation, production and retail operations built around recognized brands. Golden Leaf’s cannabis retail operations and products are designed with the client in mind, focused on superlative in-store experience and quality products. Visit http://goldenleafholdings.com/ to learn more.

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Released at Thu, 02 Aug 2018 15:14:49 +0000

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