Golden Leaf Holdings Ltd (CNSX:GLH) CEO Issues Letter To Shareholders

Golden Leaf Holdings Ltd (CNSX:GLH) a major cannabis oil solutions firm built around known brands, released a letter to shareholders. William Simpson, the CEO of Golden Leaf, reported that he recently the company’s board took the decision to refocus on company and strengthen its management team by appointing him as the CEO.

The details

As many of investors are aware, he has been an entrepreneur and hands-on manager in the Cannabis industry for over 15 years. As the CEO and founder of Chalice Farms, he had a participation in literally all initiatives across the Cannabis supply chain, right from the cultivating and processing the crop, to retail store development and management. Simpson is one of the few leaders who have got extensive experience in the cannabis industry.

Golden Leaf reported that he is thrilled to direct the firm via the integration of its recently closed acquisitions and towards establishing a profitable and sustainable business. In performing so, the firm intends on offering additional visibility into overall progress going forward, and he anticipate this provides a sense of a new outgoing stance they are taking, established upon transparency and a commitment to the top standards of corporate governance.

Simpson mentioned that there three segments he wants to highlight, which comprise restructuring, financing and vision for growth. Towards this objectivity of directing Golden Leaf to profitability, the firm intends to consolidate its manufacturing, marketing, finance, operations and sales at the recently bought Chalice Farms.

The decision to merge in the Portland facility was mainly led by the opportunities for a consolidated headquarters offering numerous efficiencies and synergies. As a firm, they consider that its major acquisition strategy drives product positioning, revenue growth and operating efficiencies. Additionally, consolidating operations will offer the prospect for more visible onsite direction, which is vital as firm grows and integrates distinct firms and cultures.