Golden Leaf Acquires Tahoe Hydro Co.
Golden Leaf Holdings Ltd. (CSE:GLH) (OTCQB:GLDFF) (“Golden Leaf” or the “Company”), a cannabis company with cultivation, production and retail operations built around recognized brands, today announced it has signed a definitive agreement (the “Agreement”) to acquire the assets of Tahoe Hydroponics Company and 11T Corp. (collectively “Tahoe”) (the “Transaction”) on August 10, 2018. Tahoe was one of the first cultivators in Nevada and possesses years of cultivation experience and expertise, having built a successful cash flow positive business underpinned by an extensive distribution network.
“Tahoe is an ultra-premium, award-winning cultivator that is extremely adept at producing world-class cannabis with strong brand recognition. Combined with high revenue growth and cash flow generation, they align perfectly with our strategic vision of being a premier vertically integrated seed-to-sale cannabis provider,” commented William Simpson, CEO of Golden Leaf. “Bringing together two strong companies with proven expertise and industry relationships makes the combined company a formidable player in the burgeoning North American cannabis market.”
Here is an INTERVIEW with Ray Schiavone from the MIDAS LETTER on Youtube.
Here is a Video The High Chief filmed for Tahoe Hydro Co.