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PORTLAND, Ore., April 22, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” or the “Company”), working underneath Chalice Farms, a premier, consumer-driven hashish firm specializing in retail, manufacturing, processing, wholesale, and distribution, declares a 43% improve in recorded day by day 4/20 revenues and a 68% improve over two years in the past on the identical retailer footprint. “It was a 420 like no different and it could not have been doable with out the work of your entire Chalice Farms workforce and our unimaginable companions,” stated Jeff Yapp, CEO of Golden Leaf Holdings. As the Company continues to broaden its bodily footprint within the Oregon market, it has additionally appeared to broaden its partnership advertising. Piloted this previous Holiday season, Chalice Farms has launched a vendor collaboration program, which leverages Chalice Farms’ progressive advertising platform. “Collaboration and co-marketing partnerships have been on the coronary heart of 420 this 12 months, as branded content material turns into important to omni-channel advertising. As the ecosystem continues to explode, we’re seeing the convergence of digital and bodily retail displaying robust engagement and income. Chalice is main the cost in innovation throughout the hashish panorama, and we’re investing in expertise and content material advertising to speed up and scale at a speedy tempo,” stated Karen Morgan, Chief Marketing Officer of Chalice Farms. “The companions promoting product by means of the Chalice Farms shops are as vital to the general success of the Company, because the bricks and mortars themselves,” stated John Ford, Chief Revenue Officer. That is why it was vital for Chief Cultivation Officer, Meghan Miller, to not solely deliver within the prime manufacturers within the state, however to guarantee Chalice Farms was a champion for the small farmers and the businesses wanting to do issues the ‘proper means’. “Overall, this was an distinctive day by any measure – positively a 4/20 for the books. After what has been a difficult 12 months for therefore many, to find a way to come collectively and have a good time, together with an outstanding 4/20 was a particular second for all concerned. We wouldn’t be right here with out the partnerships we’ve got cast over the previous 12 months and a half, and we are able to proudly say our companions really feel the identical means. We look ahead to seeing what the following 12 months holds in retailer for us all,” stated Miller. Chalice Farms encourages prospects to make the most of its on-line ordering platform, plus supply and categorical pick-up choices. While procuring in shops continues to be permitted, the variety of prospects in every retail location is being restricted as an extra precaution and as a measure of social distancing. The Company’s on-line ordering platform permits prospects to reserve merchandise, choose choices for pick-up in retailer, have merchandise delivered or make the most of curbside pick-up. Chalice Farms provides complimentary supply companies for orders of $60 or extra, out there day by day starting at midday. Deliveries are collected and distributed on an hourly foundation, with an estimated wait time of 30 to 90 minutes. Customers fascinated about submitting on-line orders for supply can place orders and discover extra data right here: https://www.chalicefarms.com/supply. Chalice Farms advocates for hashish accessibility with an emphasis on well being and wellness advantages. Offered at its seven places are greater than 25 strains of hashish, in addition to a wide range of concentrates, edibles, topicals and associated merchandise. The award-winning dispensary is led by a workforce of skilled operators and is understood for its curated product choice, high-quality distributors and progressive sustainability efforts. About Golden Leaf Holdings Golden Leaf Holdings is a premier consumer-driven hashish firm specializing in manufacturing, processing, wholesale, distribution, and retail, with seven dispensaries in Portland, Oregon. The Company is dedicated to growing a dynamic portfolio constructed across the acknowledged manufacturers of Chalice Farms, with a deal with well being and wellness. GLH operates nationally by means of Fifth & Root and has operations in Oregon and California. Visit http://www.glhmonthly.com for normal updates. Investor Relations: John VargheseExecutive ChairmanGolden Leaf Holdings [email protected] Media Contacts: Sidney Stewart/Lauren [email protected] Disclaimers: Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the Exchange) accepts duty for the adequacy or accuracy of this launch. This press launch comprises “forward-looking data” inside the that means of relevant securities laws. Forward-looking data consists of, however will not be restricted to, statements with respect to the Company’s future enterprise operations, the opinions or beliefs of administration and future enterprise objectives. Generally, ahead wanting data could be recognized by means of forward-looking terminology akin to “plans”, “expects” or “doesn’t anticipate”, “is predicted”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “may”, “would”, “may” or “will probably be taken”, “happen” or “be achieved”. Forward-looking data is topic to identified and unknown dangers, uncertainties and different elements that will trigger the precise outcomes, stage of exercise, efficiency or achievements of the Company to be materially completely different from these expressed or implied by such forward-looking data. These dangers embody however are usually not restricted to normal enterprise, financial and aggressive uncertainties, regulatory dangers, market dangers, dangers inherent in manufacturing and retail operations akin to unexpected prices and manufacturing shutdowns, difficulties in sustaining model loyalty, and different dangers of the hashish business. Although the Company has tried to determine vital elements that might trigger precise outcomes to differ materially from these contained in forward-looking data, there could also be different elements that trigger outcomes not to be as anticipated, estimated or meant. There could be no assurance that such data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on ahead wanting data. Forward-looking data is offered herein for the aim of presenting details about administration’s present expectations relating to the long run and readers are cautioned that such data is probably not applicable for different functions. The Company doesn’t undertake to replace any forward-looking data, besides in accordance with relevant securities legal guidelines.
Source: Golden Leaf Holdings Ltd.
