NewLeaf Brands Inc. Wholly Owned Subsidiary We Are Kured, LLC Delivers Second CBD Purchase Order to Nashville, Tennessee-Base...
September 25 2019 - 7:30AM
NewLeaf Brands Inc.’s (CSE:NLB) (OTC: NLBIF)
(FSE:0NF) (“NewLeaf Brands” or the “Company”) wholly owned
subsidiary, We Are Kured, LLC (“Kured”), announces that it has
signed a second wholesale order with Best Strains, LLC (“Best
Strains”). The order is a result of high retail demand for our CBD
disposable vaporizer pens and CBD 510 thread refill cartridges in
the state of Tennessee, USA.
Best Strains is a division of one of the largest
spirit distribution groups in the state of Tennessee. In May 2019,
Best Strains signed an agreement with Kured to distribute its
products to their already existing retail accounts. The initial CBD
purchase order delivered to Best Strains has been completely
depleted and a second order was placed and delivered last week.
Benjamin Martch, CEO of Kured stated, “I thought
Tennessee was going to be a great market for us, but I had no idea
this market would react to our Kured products like they have. Our
CBD pens and thread refill cartridges have proven to be a consumer
favorite in Tennessee and may become one of our largest retail
markets after seeing this rate of sell through!”
ABOUT NewLeaf Brands
NewLeaf Brands, Inc. is an innovative
Cannabidiol (“CBD”) lifestyle Company. Through the Company’s
wholly-owned subsidiaries We are Kured, LLC, Drink Fresh Water,
LLC, ReLyfe Brand, LLC and TeaLief Brand, LLC, the Company’s main
business activities encompass the development, marketing, and
distribution of CBD products (including vaporizer pens/cartridges,
hot/cold tea, softgel capsules and beverages) throughout North
America, South America, and Europe. In addition, NewLeaf Brands,
Inc. has extensive retail and cultivation land investments in
Oregon, USA.
For further information about NewLeaf Brands,
please consult the Company’s profile on SEDAR at www.sedar.com or
visit the Company’s website at www.NABrandsInc.com. For further
information about We Are Kured, please visit their website at
www.wearekured.com.
On Behalf of the Board of Directors |
For Further Information Contact |
|
|
Joshua Bartch |
Corporate Communications |
Chief Executive Officer |
info@nabrandsinc.com |
info@nabrandsinc.com |
250-488-6728 |
|
|
We Are Kured Contact: |
|
|
|
Benjamin Martch |
|
Founder & CEO |
|
www.wearekured.com |
|
The Canadian Securities Exchange has
neither approved nor disapproved the contents of this
news release and accepts no responsibility
for the adequacy or accuracy hereof.
This news release contains forward-looking
statements, which relate to future events or future performance and
reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and
are based on assumptions made by and information currently
available to the Company. Readers are cautioned that these forward
looking statements are neither promises nor guarantees, and are
subject to risks and uncertainties that may cause future results to
differ materially from those expected including, but not limited to
completion of planned improvements at both the Canadian and US
sites on schedule and on budget, the availability of financing
needed to complete the Company’s planned improvements on
commercially reasonable terms, planned occupancy by the
tenant-growers, commencement of operations, differences in yield on
expected harvests, delays in obtaining statutory approval for
marijuana production plans, issues that may arise throughout the
grow period, outdoor crops affected by weather, the ability to
mitigate the risk of loss through appropriate insurance policies,
and the risks presented by federal statutes that may contradict
local and state legislation respecting legalized marijuana. These
forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to
reflect new events or circumstances save as required under
applicable securities legislation. This news release does not
constitute an offer to sell securities and the Company is not
soliciting an offer to buy securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such
jurisdiction.
This news release does not constitute an offer
of securities for sale in the United States. These securities have
not and will not be registered under United States Securities Act
of 1933, as amended, or any state securities laws and may not be
offered or sold in the United States or to a U.S. Person unless so
registered, or an exemption from registration is relied upon.
NewLeaf Brands (CSE:NLB)
Historical Stock Chart
From Nov 2024 to Dec 2024
NewLeaf Brands (CSE:NLB)
Historical Stock Chart
From Dec 2023 to Dec 2024