This expansion includes constructing a large-scale cannabis commercial kitchen that will allow New Leaf (NLVVF) to generate $15 million in revenue over the next three years[xvi] solely from the new vapor cartridges, edibles, and concentrates sold via the license holder. This development will let New Leaf (NLVVF) scale production to meet the demand of existing retail partnerships while creating new retail store connections.
During this expansion, New Leaf (NLVVF) will also create a hydrocarbon extraction lab. This extraction technique is favored among affluent cannabis users as it extracts the cannabinoids, while maintaining the integrity (flavor and smell) of the strain.
New Leaf (NLVVF) will be one of the few producer/processors in Washington that are able to utilize this superior extraction method on tens of thousands of pounds of cannabis, giving them yet another leg up on their competition.
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