Mr. Don Robinson reports

GOLDEN LEAF HOLDINGS LTD. INTRODUCES NEW GOLDEN PRIVATE STASH PRODUCT LINE

Golden Leaf Holdings Ltd. has introduced its new Golden Private Stash product line, a premium and solvent-free cannabis oil product crafted in small batches in Oregon. Set to launch in June through the company's medical marijuana dispensary distribution channel, Golden's Private Stash is targeted at medical and recreational cannabis users looking for high-potency and pure solvent-free cannabis oil products.

One of the largest growth areas in cannabis consumption is vaporizing concentrates. A growing demand exists in the market for solvent-free oil products that deliver a potent, flavourful and clean concentrate user experience. To take advantage of this trend, Golden Leaf Holdings leverages cutting-edge manufacturing processes and special fractional distillation equipment to produce solvent-free oil more transparent than carbon-dioxide cannabis oil extract with a bright yellow colour.

The extraction process is uniquely designed to produce THC (tetrahydrocannabinol) levels of over 90 per cent and will be available for the initial launch in all-natural, terpene-based flavours, including natural or raw, and mint. More flavours will be introduced in the future. Terpenes are organic compounds found in a variety plants that give them their scent, colour and flavour. Along with the tagline "indulge your senses," Golden Private Stash will sell in premium packaging developed to provide consumers with a lifestyle-oriented cannabis experience.

"With Private Stash by Golden, we're leveraging technology and innovation to deliver a unique, refined and elevated solvent-free cannabis oil experience," said Golden Leaf Holdings' chief marketing officer, Bliss Dake. "With the addition of this new product line, we continue to build out our differentiated brand portfolio focusing on relevant consumer segments in the cannabis market."

Don Robinson, Golden Leaf Holdings' chief executive officer, stated, "It's anticipated that the introduction of the Golden Private Stash product line will provide the company with the opportunity to capture larger market share and increased growth from this new solvent-free oil revenue channel."

We seek Safe Harbor.