Wholly owned subsidiary of New Leaf USA, Inc. of New Leaf Ventures Inc. NLVVF NLVhas signed a letter of intent to obtain exclusive licensing rights in Washington State with JBS Ventures LLCdevelopers of “Distribution of hiding places”, an Oklahoma-based cannabis distribution company.
The deal includes exclusive rights to supply, manufacture, distribute and market certain brands and products to which JBS Ventures has rights, this will allow New Leaf USA to bring these new national brands to Washington State.
The primary goal of Stash House Distributions is to streamline the distribution process of legal cannabis supply. With a history and knowledge of distribution industry logistics gained through operating Oklahoma’s largest distribution companies, they seek to bring that expertise to Washington State. The founders of Stash House and its software platform come from the liquor and beverage industry.
Robert (Dax) Colwell, CEO of New Leaf USA and Director of New Leaf Ventures Inc., said, “The exclusive distribution rights for these select nationally recognized brands in our region are really important to us and add star power to the concept. New Leaf House of Brands. The founders of Stash House have a long history of successful distribution with their proprietary methods. We look forward to introducing new national brands to Washington consumers as soon as possible. With Stash House’s extensive distribution experience and proprietary distribution software platform, we will be able to bring a new level of service and a great house of brands to the Washington market. Additionally, the partnership has great benefits for the potential future of national distribution as we move closer to nationwide legalization.