- New Leaf Ventures (NLV) subsidiary New Leaf Services has signed a manufacturing services agreement with Anonymous Buffalo in Washington State
- New Leaf Services will provide labour for processing and co-packing of specific products for Anonymous Buffalo at the licensed facility of New Leaf Enterprises
- Anonymous Buffalo has distribution rights for several brands in Washington State and this agreement allows for predetermined product listings within the brand portfolios to be processed and packaged
- New Leaf Ventures stock (CSE:NLV) opened trading at C$0.24
New Leaf Ventures’ (NLV) subsidiary New Leaf Services has signed a manufacturing services agreement with Anonymous Buffalo in Washington State.
New Leaf Services will provide labour for processing and co-packing of specific products for Anonymous Buffalo at the licensed facility of New Leaf Enterprises. Anonymous Buffalo has distribution rights for several brands in Washington State and this agreement allows for predetermined product listings within the brand portfolios to be processed and packaged with all materials provided by Anonymous Buffalo.
Dax Colwell, CEO of New Leaf USA and Director of New Leaf Ventures commented on this news.
“This is a strategic move that further supports our continuous strategy to advance efforts in building out processing and distribution capabilities here in Seattle. Consolidation of the Washington market is happening and teaming with other brands to create centralized processing and distribution will be key in the evolution of the cannabis industry in Washington. New Leaf is working hard to be at the forefront of this necessary consolidation and strives to be the go-to hub for brands alike.”
Headquartered out of Vancouver, New Leaf Ventures is a licensed producer and processor of ultra-premium cannabis. The company’s flagship enterprise is its wholly-owned New Leaf USA and its subsidiaries.
New Leaf Ventures (NLV) opened trading at C$0.24.