Investors in marijuana-related stocks should always keep an eye out for earnings releases and conference calls regarding the companies they're holding in their portfolio. Whether you're an existing or prospective investor in Golden Leaf Holdings (CSE:GLH)(OTC:GLDFF)(FRA:9GL) you should mark the company's upcoming earnings release and the associated conference call in your calendar.
Related: Golden Leaf Closes Acquisition Of Oregon Cannabis Business
Golden Leaf Holdings describes itself as a "leading cannabis oil solutions company built around recognized brands". In addition to their focus on extracts and oils, Golden Leaf Holdings predominately operates in the state of Oregon, although they are in the process of diversifying operations to other U.S. states and internationally. According to the company's August 9th presentation at the Canaccord Genuity Growth Stock Conference, Golden Leaf is one of the "market leaders in Oregon based on sales" and their branded products can be found in more than 260 dispensaries.
We'll be watching their release and associated conference call for updates on their Oregon operations, the performance of their branded products and any news regarding the integration of their recent acquisitions. Golden Leaf recently closed (after the end of this reporting quarter) their acquisition of Chalice Farms, a fully licensed, vertically integrated Oregon cannabis company that has a 15,000 square foot cultivation facility and 4 dispensary locations.
Related: Golden Leaf Holdings Q1'17 Financial Results Breakdown
The company also recently announced their acquisition of late-stage ACMPR applicant, Medical Marihuana Group. Golden Leaf also closed their acquisition of a Nevada cultivation and extraction license in this reporting quarter.
Related: Golden Leaf to Acquire Nevada Cannabis License
Golden Leaf will be reporting its Q2'17 earnings on Tuesday, August 29, 2017 just after the North American market close. Take note that there will also be a shareholder call to follow at 4:30 PM EDT where management will provide additional color on results as well as their recent acquisition strategy.
Related: Golden Leaf Closes $2.5 Million CAD Private Placement
Don't forget to mark your calendars if Golden Leaf is one of your holdings, if you are considering making an investment, or if the cannabis extracts and oils business interests you. Be sure to subscribe to one or more of our free e-mail newsletters so that you never miss an important cannabis update. Also, don't forget to connect with The Daily Marijuana Observer via social media on Facebook, Twitter, StockTwits, and Instagram.
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