Golden Leaf introduces Golden Private Stash products
2016-05-26 13:40 ET - News Release
Shares issued 94,540,673
Mr. Bliss Dake reports
GOLDEN LEAF HOLDINGS LTD. INTRODUCES NEW GOLDEN PRIVATE STASH PRODUCT LINE
Golden Leaf Holdings Ltd. has introduced its new Golden Private Stash product line, a premium and solvent-free cannabis oil product small-batch crafted in Oregon. Set to launch in June through the Company's medical marijuana dispensary distribution channel, Golden's Private Stash is targeted at medical and recreational cannabis users looking for high potency and pure solvent-free cannabis oil products.
One of the largest growth areas in cannabis consumption is vaporizing concentrates. A growing demand exists in the market for solvent-free oil products that deliver a potent, flavorful and clean concentrate user experience. To take advantage of this trend, GLH leverages cutting-edge manufacturing processes and special fractional distillation equipment to produce solvent-free oil more transparent than CO2 cannabis oil extract with a bright yellow color.
The extraction process is uniquely designed to produce THC levels of over 90% and will be available for the initial launch in all-natural, terpene based flavors including natural or raw, and mint. More flavors will be introduced in the future. Terpenes are organic compounds found in a variety plants that give them their scent, color and flavor. Along with the tagline "Indulge Your Senses," Golden Private Stash will sell in premium packaging developed to provide consumers with a lifestyle oriented cannabis experience.
"With Private Stash by Golden we're leveraging technology and innovation to deliver a unique, refined and elevated solvent-free cannabis oil experience," said GLH's Chief Marketing Officer, Bliss Dake. "With the addition of this new product line, we continue to build out our differentiated brand portfolio focusing on relevant consumer segments in the cannabis market."
Don Robinson, GLH's Chief Executive Officer, stated, "It's anticipated that the introduction of the Golden Private Stash product line will provide the Company with the opportunity to capture larger market share and increased growth from this new solvent-free oil revenue channel."
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