Golden Leaf Holdings Releases New Investment Presentation – Yahoo Finance

TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (“Golden Leaf” or the “Company”) (CSE:GLH) (GLDFF), a leading cannabis oil solutions company and dispensary operator built around recognized brands, has filed an investment presentation on SEDAR focused on the Company’s strategic direction in 2020. The presentation can be viewed and downloaded at www.SEDAR.com.

The new investment deck is being presented at an investor roadshow from August 13 to 15, where Golden Leaf Holdings’ Interim CEO John Varghese and COO Jeff Yapp are meeting with institutional and private investors in Montreal, New York City and Boston.

“We believe that a trusted, internationally-recognized brand targeting customers new to cannabis products, services the coming wave of new users. These new users are expected to seek health and wellness benefits as restrictions on cannabis use relax over the next three years. Thus, we anticipate rapid market growth as new users adopt cannabis. According to a recent Marist Poll survey, 78% of the addressable cannabis market doesn’t have a relationship with cannabis. Building the Chalice Farms brand leverages the Company’s dispensary locations, high-touch customer service approach, and management expertise,” said Mr. Yapp.

Already an established pioneer in Oregon, Nevada and Canada, the Company intends to expand to California in the third quarter of 2019 through an innovative approach to consumer-direct sales as well as wholesale sales. The Company’s key priorities to achieve in 2020 include:

  • Launch Fruit Chews in Nevada, California and Canada.
  • Double the Revenue and EBITDA Contribution in Canada.
  • Drive Profitability in Oregon and Nevada.
  • Launch Hemp Based CBD Product Line Nationally.

    Further, the Company has positioned the Chalice Farms brand for success and brand recognition through:

  • Product values: vegan-friendly, gluten free, organic ingredients, real fruit purees, beet derived sugar, essential oils, high-antioxidant foods.
  • Revenue growth: + 46% CAGR from 2016 to 2018, 34% increase

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