The deal promises to bring organic cannabis edibles and tinctures to Nevada through strategic partnership
DENVER, COLORADO / ACCESSWIRE / July 11, 2019 / International Cannabrands Inc. (CSE:JUJU) (the “Company“) is pleased to announce that its 51% subsidiary La Vida Verde, Inc. (“LVV”), has entered into an agreement with Flower One Holdings Inc. (“Flower One”) (CSE: FONE) (OTCQX: FLOOF), announcing a long-term licensing agreement. La Vida Verde (“LVV”), a California cannabis-favorite, is a health-focused cannabis brand dedicated to utilizing high-quality, vegan, organic, gluten-free, and paleo-friendly ingredients to produce cannabis edibles and tinctures.
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The partnership with Flower One further diversifies the cannabis offerings made available to Nevada’s cannabis retailers and consumers and the announcement marks LVV’s first out-of-state expansion and entrance into Nevada.
“The Nevada market is an exciting prospect for the La Vida Verde brand,” said Steve Gormley, CEO of International Cannabrands Inc. “With the city of Las Vegas alone receiving more than 40 million visitors from around the world each year, we’ll have the opportunity to make an impact in the market and build consumer loyalty of these premium products. We’re confident consumers, tourists, and locals will resonate with the high quality products and health-conscious brand values that La Vida Verde embodies.”
“The La Vida Verde team and I are very excited and humbled at the opportunity to have our brand elevated and shared with the Nevada market – locals and tourists alike – through Flower One,” said Bryce Berryessa, President and Co-Founder of La Vida Verde. “After seeing the immense scale of Flower One’s greenhouse facility in Nevada and their application of commercial agriculture techniques to complex crops, such as cannabis, we were not only reassured of their level of sophistication, but excited to leverage their demonstrated ability to meet our California-established