SANTA ANA, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California, Oregon, and Nevada, today announced that the company has launched operations at its new cultivation facility in Oakland.
The new state of the art cultivation facility was designed to supply the Company’s Korova brand with its premium, high-potency strains and has numerous technological improvements over prior cultivation operations. The building contains four flower rooms with 60 lights each and is expected to yield more than 3,500 pounds per year of expertly crafted flower.
“With the planting of specific Korova strains last week, we are pleased to launch our latest cultivation facility, which we expect to increase supply of cannabis in support of the growth of the Korova brand throughout California,” stated Uri Kenig, Unrivaled’s Chief Operating Officer. “We are pleased to bring this operation online, which is expected to both triple our estimated annual production and provide us with the unrivaled ability to manage the quality of the flower sold under our brand names.”
About Unrivaled Brands Unrivaled Brands is a multi-state vertically integrated company focused on the cannabis sector with operations in California, Oregon, and Nevada. In California, Unrivaled Brands operates three dispensaries, a state-wide distribution network, company-owned brands, and a cultivation facility, and has two additional cultivation facilities and a dispensary under development. In Oregon, we operate a state-wide distribution network and company-owned brands. In Nevada, by way of a joint venture, Unrivaled Brands operates a cultivation and manufacturing facility. Unrivaled Brands is home to Korova, the market leader in high potency products across multiple product categories, currently available in California, Oregon, Arizona, and Oklahoma, as well as Sticks and Cabana.
For more info, please visit: unrivaledbrands.com.
Cautionary Language Concerning