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    cannabis investing

    GB Sciences Obtains Cannabis Oil Production License

    Bryan Mc Govern
    Feb. 21, 2018 09:55AM PST
    Cannabis Investing News

    GB Sciences announced it received a production license and has started its production operations for their Las Vegas facility.

    GB Sciences (OTCQB:GBLX) announced it received a production license and has started its production operations for their Las Vegas facility.

    As quoted in the press release:

    Production license partners include Relax With Happy (“RWH”), a new venture co-founded by veteran cannabis chef, Deliciously Dee, and Cura Cannabis Solutions, maker of the best-selling cannabis brand on the West Coast, Select Oil.

    Given already announced contractual arrangements with those production partners, operations are expected to generate significant monthly free cash flow after a ramp up period of approximately two months.

    John Poss, CEO & Chairman of the board of GB Sciences, said: “Partnering with the right companies is important to us.  In any business, but perhaps particularly in this business, philosophical harmony between partners is what makes a partnership work, and work better.  We are most fortunate to have Cura with its pristine reputation and demonstrated expertise, as well as Relax With Happy, whose hand-crafted, micro-dosed edibles will vastly improve the options available in the Nevada market.”

    Mr. Poss concluded: “We are excited by the prospect of these partnerships, and we expect first retail sales from the production facility sometime during the second quarter of 2018.”

    Click here to read the full press release.

    Source: www.newswire.ca

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