Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Completes Majority Acquisition of Plant-Based CBD Skincare Brand

May 10, 2021 10:48:06
  • GLDFF closes on majority ownership of Fifth & Root Inc.
  • The acquisition of these distribution channels “greatly increases the company’s visibility and reach,” says CEO
  • Fifth & Root brand are ideal match for Golden Leaf and its commitment to produce variety of products for new users as well as seasoned customers

In another move designed to advance its Crawl, Walk, Run strategy, Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) has announced the closing of its previously announced majority ownership purchase of Fifth & Root Inc., a nationally recognized CBD skincare brand based in California ( Golden Leaf is a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution of high-quality cannabis.

“The acquisition of these distribution channels greatly increases the company’s visibility and reach, and continues to advance our Crawl, Walk, Run strategic approach,” said Golden Leaf CEO Jeff Yapp. “As we look forward to the eventual federal legalization of cannabis, Fifth & Root’s commerce platform and partnerships will position the…

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