|Golden Leaf has state licence for Portland facility|
2018-07-25 18:05 ET - News Release
Shares issued 568,724,061
GLH Close 2018-07-25 C$ 0.19
Mr. William Simpson reports
GOLDEN LEAF HOLDINGS RECEIVES STATE LICENSURE APPROVAL FOR EXTRACTION FACILITY IN PORTLAND
Golden Leaf Holdings Ltd. has received from the Oregon Liquor Control Commission state licensure to operate its extraction facility in the city of Portland, Ore., effective July 19, 2018. After a long and arduous licensing and permitting process, the required modifications to the extraction facility were completed, and the facility was approved to extract cannabis oil. Within a matter of days, the Company is in line to receive final permitting from the City of Portland, at which time it will commence running the extraction equipment to validate expected production yields. With a footprint of almost 7,000 sq. ft, the facility contains advanced extraction equipment, and should market conditions warrant, additional equipment can be added to increase capacity.