Golden Leaf Holdings Announces Meeting of Debenture Holders

Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a pioneer cannabis company built around recognized brands for the wellness and recreational markets, announces that a meeting (the “Meeting”) of the holders (the “Debentureholders”) of debentures (the “Debentures”) of the Company issued pursuant to an indenture dated as of November 2, 2017 (as the same has otherwise been amended or may be amended, modified, restated, supplemented or replaced from time to time, the “Indenture”) will be held on Wednesday, August 21, 2019 at 11:00 a.m. (Toronto time) at the offices of Cassels Brock & Blackwell LLP, 2100 Scotia Plaza, 40 King Street West, Toronto, Ontario, M5H 3C2, to consider and if deemed advisable approve extraordinary resolutions:

Golden Leaf Holdings Ltd. Announces Election of New Board of Directors, Approval of Amendment to Terms of Debenture Indenture for Debentures Maturing November 2, 2019 and Release of Slide Presentation

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” of the “Company”), a cannabis company with cultivation, production and retail operations built around recognized brands, announced today that Rick Miller, Bob McKnight, Alex Winch, John Varghese, Gary Zipfel and Larry Martin were elected as Directors at the annual meeting of shareholders held at 10:00 a.m. EDT yesterday, June 25, 2019. At the meeting of the Board of Directors held following the meeting of shareholders, Rick Miller was elected as Chairman of the Board.

Golden Leaf Holdings Ltd. Announces New Interim President and CEO

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” of the “Company”), a cannabis company with cultivation, production and retail operations built around recognized brands, announced today that the Company’s Board of Directors has appointed John Varghese, presently a Director of Golden Leaf, to succeed Karyn Barsa as Interim President and CEO of the Company and lead the Company through a strategic assessment of its management and operations. Ms. Barsa is no longer with the Company. Mr. Varghese is mandated to lead the search for a new CEO and a new CFO immediately. Company Controller Jason Benedict will serve as Interim CFO until a qualified replacement has been hired by the Company.

Golden Leaf Holdings Launches Golden ‘Blast’ Fruit Chew, 50mg Single Serving Edible, New to Oregon Market

Golden Leaf Holdings Ltd. (“Golden Leaf” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a cannabis company with cultivation, production and retail operations built around recognized brands, today announced the launch of a new addition to their Golden branded Fruit Chew product line: a single-serving, 50mg THC edible called the “Golden Blast Fruit Chew.” The Blast Chew is novel to the Oregon market–currently very few products available offer a single serving of 50mg THC–and retails at a price point of $5 US (pre-tax).

Golden Leaf Holdings Ltd. Announces New CEO/President

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” of the “Company”), a cannabis company with cultivation, production and retail operations built around recognized brands, announced today that present CFO Karyn Barsa, will succeed William Kulczycki as CEO and President of Golden Leaf, effective immediately. Ms. Barsa will remain CFO during the search for a CFO to succeed her.

Golden Leaf Holdings Brings Jackpot Brand Premium Distillate Products to Oregon Market

Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a leading cannabis company built around recognized brands for the wellness and recreational markets, today announced that it will now offer its Jackpot premium distillate oil cartridge brand in Oregon. Previously only available for retail purchase in Nevada, Jackpot products were soft-launched in Golden Leaf’s Chalice Farms dispensary locations in Oregon on 4/20.

Golden Leaf Reports Fiscal Year 2018 Results

Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF) (“Golden Leaf” or the “Company”), a leading cannabis company built around recognized brands for the wellness and recreational markets, today announced financial results for the fiscal year ended December 31, 2018, and a general business update.

Golden Leaf Holdings Ltd. Retains Renmark Financial Communications Inc.

Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company built around recognized brands, is pleased to announce that it has retained the services of Renmark Financial Communications Inc. (“Renmark”) to handle its investor relations activities.

Rising Popularity in CBD Based Products now Projected to Outpace Marijuana

There is one sector in the rapidly growing in the cannabis market that stands out and that is edibles. The Brightfield Group, a respected industry research firm, recently released a report that said, “New Report Predicts CBD Market Will Hit $22 Billion by 2022 – Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode — and outpace marijuana.” The company also said on its website that, “CBD is growing faster than cannabis in the U.S. and will soon be a $22 billion industry. It’s been flying under the radar but is set to explode having profound impacts.” In fact they also report that retailers, big box retailers, are “Going after CBD”. Another article in an industry publication seemed to reaffirm that view saying, “There are product categories that plod along slowly for many years before suddenly catching on. Then there is CBD. Three years ago, CBD sales barely registered as a product category. Today, it is an industry that produces hundreds of millions of dollars in revenues, with most analysts forecasting many billions of dollars in sales within the next few years. But that only scratches the surface, because much of the action in the CBD movement takes place in non-grocery settings, such as stores that specialize in alternative health products or oils and tinctures.” Active Companies from around the market with current developments this week include: MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF), Golden Leaf Holdings Ltd. (CSE: GLH) (OTC: GLDFF), Tilray, Inc. (NASDAQ: TLRY), The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTC: SPRWF), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED).