LAS VEGAS, Feb. 21, 2018 /CNW/ -- GB Sciences, Inc. (OTCQB: GBLX) has been issued its production license and now begins full production operations in the Las Vegas, Nevada facility. 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."
Cameron Forni, co-founder and president of Cura Cannabis Solutions remarked, "Quality, consistency and safety are three major priorities for us here at Cura, and GB Sciences has managed to hit high marks on each of those critical points. The team's attention to detail and focus on quality makes the two companies an excellent cultural match and natural partners."
Dee Russell, Co-founder and COO of RWH said: "Relax With Happy™ products are created for those cannabis customers who want a micro-dosed edible… especially elderly patients who may need a lower dose for control of their symptoms without taking away their functionality. GB Sciences is the perfect partner for Relax With Happy™ because of their shared emphasis on standardization and full spectrum cannabis benefits. We are confident that together, we will provide novel, fun, delicious, and medically-sound edible products for 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."
About GB Sciences, Inc. GB Sciences, Inc. (OTCQB: GBLX) is a diverse cannabis company, focused on standardized cultivation and production methods; as well as biopharmaceutical research and development. The Company's goal is creating safe, standardized, pharmaceutical-grade, cannabinoid therapies that target a variety of medical conditions. To learn more about GB Sciences, Inc., go to: http://gbsciences.com.
About Cura Cannabis Solutions Cura Cannabis Solutions is one of the largest cannabis brands in America, on a mission to be the leading provider of cannabis oil in legal U.S. and international markets. Our goal is to provide patients and customers with the cleanest, most flavorful high quality cannabis oils, with the safest delivery method available. Makers of the Select Oil and Select CBD brands, Cura was established in Portland, Oregon in 2015 and expanded into California and Nevada in 2017, with new states on the horizon in 2018. Learn more at: www.curacan.com.
About Relax With Happy™ Chef Dee (aka, Deliciously Dee™) co-founded the Relax With Happy™ brand to provide responsibly-dosed edibles that would both treat and tantalize consumers, while helping them avoid a "bad edibles experience". Many cannabis patients also choose edibles as their preferred method for treatment, and Relax With Happy™ provides scientifically-accurate dosing in products that are delicious and "easy-to-take". Chef Dee has been making medicinal edibles with cannabis from 2006 to present. Although she is a classically trained chef, her real calling was in cannabis infusions and cannabis education. In 2014 she published the first edition of her cannabis cookbook, The Happy Chef THC, including hip-hop album "The Prescription" from hip-hop artist and MMJ patient B-Real of Cypress Hill. In 2015, Dee worked as a Canna Chef in the first licensed MMJ Production Kitchen in the state of Nevada located in the fabulous city of Las Vegas, and she continues to make her edibles for patients in Nevada today.
Forward-Looking Statements This press release may contain statements relating to future results or events, which are forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import may identify forward-looking statements. These statements are not historical facts, but instead represent only the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further, information concerning the Company and its business, including factors that potentially could materially affect the Company's business and financial and other results, are contained in the Company's filings with the Securities and Exchange Commission, available at www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.
Note: Although the Company's research and development activities are not illegal, the production and sale of cannabis products violate federal laws as they presently exist.
Contact Information Corporate: GB Sciences, Inc., 3550 West Teco Ave., Las Vegas, NV 89118 866-721-0297, or Tom Arcuragi, EVP, [email protected] Jordan Rahmil, Cura Cannabis Solutions PR, [email protected]