News Extraction
New Leaf Ventures launches new edibles brand

B.C.-based New Leaf Ventures is expanding to the cannabis edibles market with the launch of its new brand, Goodies.

The Goodies brand will initially launch with two product types: Goodies Buttery Caramels and Goodies Hard Candies. Both the caramels and hard candies will be packaged with two 5g THC servings for a total of 10mg. Both products are set for commercial release in early 2021.

“The edible sector is growing rapidly and shows a huge degree of promise moving ahead,” said New Leaf Ventures CEO, Michael Stier. “We are also very pleased by the interim financial reports that demonstrates revenue growth is already trending positively for the license holder and validates our investment strategy through positive commercial results.”

In a press release on the brand launch, the company also announced that its flagship, Dama Brand, has introduced new specialty strains for its premium flower product line.