DENVER, Nov. 4, 2015 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (the "Corporation" or "Golden Leaf") and Dixie Brands Inc. (Dixie), a leader in emerging cannabinoid extraction and wellness platforms, are pleased to announce they have entered into a definitive and exclusive licensing agreement to manufacture and distribute Dixie Elixirs and Edibles products in Oregon.
Golden Leaf is a leading cannabis oil manufacturing businesses in North America and is able to facilitate low cost production of the highest quality oils and cannabis infused products based on competitive advantage rooted in economies of scale and the development of intellectual property. Dixie Brands, Inc., based in Colorado, holds the licensing and IP rights for the Dixie Elixirs and Edibles line of edibles, topicals and tinctures. Established in 2010, Dixie has fast become one of the most recognized names in infused products and is currently establishing a presence in markets around the country.
Under the terms of the agreement, Golden Leaf, with primary business operations in Oregon, will initially commence with the manufacturing and wholesale distribution of Dixie's products in Oregon. Golden and Dixie will also begin working with one another to explore future opportunities in other jurisdictions for their collective portfolios of products.
Don Robinson, Golden Leaf CEO and a food-industry veteran with more than 30 years of management and leadership experience in the consumer packaged goods (CPG) industry believes the partnership will create one of the strongest collaborations in the cannabis industry. "Within a short period of time Dixie has demonstrated its commitment to quality and consistency, and established a strong brand in the process. Here at Golden we encompass a similar vision, and we strongly believe our collaboration will put us ahead of the competition. "
Dixie Brands is based out of Colorado and has experienced significant demand for its innovative cannabis products. "Today marks an important milestone for Dixie Brands, as we bring our Dixie Elixirs and Edibles platform to Oregon," said Tripp Keber, CEO of Dixie Brands Inc. "The partnership between our organizations, and the complementary nature of our brands will bring great alternatives to Oregon patients and dispensaries."
About Dixie Elixirs and Edibles:
Located in Denver, Colorado, Dixie Elixirs & Edibles (Dixie) has been producing award-winning THC-infused products since 2009. What began as a single flagship product, the Dixie Elixir (a THC-infused soda), has now expanded to over 30 different products across 100 SKUs, representing the industry's finest edibles, mints, energy shots, tinctures, and topicals. To find out more about Dixie's innovative products, or about how Dixie is building the future of cannabis please visit www.DixieElixirs.com
About Golden Leaf Holdings:
Golden Leaf Holdings is a leading cannabis oil and solutions provider in North America built around recognized brands. GLH leverages a strong management team and advanced research techniques, including R &D with its Israeli subsidiary, Green Point Science Ltd., to compliment its expertise in growing, extracting, refining and selling cannabis oil.
For further information, please contact:
Golden Leaf Holdings Ltd.
John Aird
Investor Relations
T: 416.725.6458
E: jaird@goldenleafholdings.com
Media Relations Golden Leaf Holdings Ltd.
Nicole Brightling
Senior Account Manager, Narrative PR
T: 416.644.4141 x 3341
M: 647.680.8575
E: Nicole.brightling@narrative.ca
Dixie Brands Inc.
Joe Hodas
Chief Marketing Officer
T: 303-827-6972
E: jhodas@dixiebrands.com