NewLeaf Brands Signs Exclusive Distribution Agreement With Best Strains, LLC
July 08 2019 - 8:30AM
NewLeaf Brands Inc. (CSE:NLB) (OTC: NLBIF)
(FSE:0NF) (“NewLeaf Brands” or the “Company”) is pleased to
announce that it has entered into an exclusive distribution
agreement (the “Agreement”) with Best Strains, LLC (“Best Strains”)
based out of Tennessee, USA. Under the terms of the
Agreement, Newleaf Brands will have the rights for distribution of
their KURED disposable vape pens, vape cartridges and Fresh Water
to convenient stores, liquor stores, novelty/tourist retailers, and
other big box retailers throughout Tennessee.
Best Strains was founded by the same family that
has been in the wholesale wine, beer, beverage and spirits
distribution business since 1939 and is currently distributing to
over 3000+ retail locations.
Jason Eskind, Executive Vice President of Best
Strains, who is 4th generation to founder Manual Eskind stated, “We
are extremely excited to be entering this new market segment with a
strong brand and partner in NewLeaf Brands.”
Chief Marketing Officer of Newleaf Brands,
Benjamin Martch, commented, “Being that Tennessee is a hub
for hemp cultivation, we have been working on getting a
distribution agreement with a notable company like Best Strains,
LLC for the last few months. Their current partner’s products are
being sold in stores throughout the Tennessee market, and we cannot
wait to see what they can do with KURED!”
ABOUT NewLeaf Brands
NewLeaf Brands is an innovative Cannabidiol
(“CBD”) lifestyle Company. Through the Company’s wholly owned
subsidiaries We are Kured and Drink Fresh Water, the Company’s main
business activities encompass the development, marketing and
distribution of CBD products (including vaporizer pens and
beverages) throughout the United States and internationally. In
addition, NewLeaf Brands has extensive retail and cultivation land
investments in Oregon.
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
Joshua Bartch
Chief Executive Officer
info@nabrandsinc.com
For Further Information Contact
Corporate Communicationsinfo@nabrandsinc.com250-488-6728
We Are Kured Contact:
Benjamin MartchFounder & CEOwww.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.
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