Chalice Brands Ltd (CHALF)

[R39838]

TORONTO, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (“GLH” or the “Company”) (CSE:GLH) (GLDFF), a leading cannabis company built around recognized brands for the wellness and recreational markets, is pleased to announce that the Ontario Securities Commission has removed the Company from its list of defaulting reporting issuers. The Company had been unable to file a required business acquisition report with respect to the purchase of Chalice Farms in 2017. As a result of Chalice Farms being included in the Company’s consolidated financial statements for the whole of the 2018 financial year, the default has now been remedied and the Company is no longer noted in default.