On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Inks LOI to Acquire Oregon Retail Chain Store

  • Retail chain store projected to generate estimated $10M annually
  • Company CEO calls acquisition “transformative”
  • Retail is valued resource for GLH development of product lines, execution on brand messaging

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a proven, consumer-driven cannabis company in both the medicinal and recreational marijuana market segments, has signed a letter of intent (“LOI”) to acquire a retail chain in Northwest Oregon, which is forecast to generate an estimated $10 million in annual run rate revenue (https://cnw.fm/Af1Vt).

“The acquisition of this retail chain will be transformative for GLH, as it would further cement us as a leader in the Oregon market,” said Golden Leaf CEO Jeff Yapp. “The company expects this transaction to be accretive on close, as we will achieve tremendous synergy with our effort and current footprint and the introduction of our market-leading Chalice brand products.”

Golden Leaf plans on providing additional details about the transaction once a definitive purchase agreement has been completed. The strategic move aligns with Golden Leaf’s focus on retail, which the company feels is a dynamic and effective tool to truly understand the current state of the marketplace. Golden Leaf looks to its seven Chalice Farms retail stores located throughout the Portland area as invaluable resources for instant customer feedback.

“Our retail stores provide a daily report as to what products are working best and what needs improvement,” the company states. “[Retail] gives us first-hand information about what’s trending in the market and what people are asking for. Retail is a valued resource for our development of product lines and executing on brand messaging.”

From the opening of its first Chalice Farms dispensary, the company has been committed to creating a different experience for consumers. Each location is inviting and warm, with an approach similar to the Apple store model, with products featured on island stations located throughout the store. The design is intended to invite interaction and connection between Chalice Farms personnel and consumers, creating an open atmosphere where questions can be asked, information can be exchanged, and a positive experience will be enjoyed.

Key to that positive experience are Chalice Farms product specialists, who are highly trained in all the products offered at each retail location. Golden Leaf provides ongoing training and education to ensure these friendly company representatives have information necessary to assist a broad range of consumers, from the first-time visitors to the high-end connoisseurs. With a wide array of products that are often updated, informed product specialists are essential to the five-star consumer experience that Golden Leaf is committed to provide.

For more information, visit the company’s website at www.GoldenLeafHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to GLDFF are available in the company’s newsroom at https://cnw.fm/GLDFF

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office

CannabisNewsWire is part of the InvestorBrandNetwork.


Select A Month

Official NewsWire Relationships

Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo USA CBD Expo

CannabisNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 303.498.7722