Nextleaf Solutions, an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, with State B Cannabis Beverage Co. ("State B"), is pleased to announce details on the Canadian launch of State B beverages developed with Nextleaf's proprietary Rapid Emulsion Technology by OILS™ ("Rapid Tech").
State B is a female-owned cannabis beverage company founded by Kelly Woods, a proven entrepreneur, certified sommelier, distiller, and herbalist. Woods challenged herself to create a beneficial alternative to alcohol that would not only 'take the edge off' but also include healing herbs that would compliment the benefits of cannabis.
Kelly Woods - State B Cannabis Beverage Co Founder and CEOThe launch of State B beverages will be enacted through a manufacturing partnership with BevCanna Enterprises Inc. (CSE:BEV), and powered by Nextleaf's proprietary Rapid Tech. State B's Sparkle, Resolve, and Zing beverages are not seltzer's, they are purposeful products that are said to be "first of its kind" designed as mood modulating, consciousness shifting beverages. All three SKUs for the initial launch were validated by the Company's wholly-owned subsidiary Nextleaf Labs Ltd., through its human trials program.
State B's differentiation and mandate to alter the liquid refreshment paradigm earned Woods and her team an opportunity to present on CBC's Dragons' Den. State B is the first cannabis beverage product to be featured on Dragons' Den and the episode is expected to air this fall in the show's 16th season.
"It is an exciting time, and we couldn't be happier to launch State B beverages with Nextleaf's proprietary Rapid Emulsion Technology," said State B Founder and Chief Executive Officer Kelly Woods. "The Dragons' Den opportunity helped validate an initial theory of mine that there was an opportunity to provide a purposeful product to an underdeveloped area in cannabis beverages around female consumption. We all know that the 'wine Mom' is socially accepted so we designed these beverages for women like me, who have children and want a healthier alternative to alcohol, which was responsible for 3 million deaths last year," said Woods.
"Nextleaf is delighted to work with a female-led business such as State B and we are thrilled to combine Kelly's expertise developing beverages with our Rapid Emulsion Technology," said Nextleaf CEO Paul Pedersen. "We are excited for the launch of State B branded products and the brand's appearance on Dragons' Den, which we think is a reflection of cannabis 2.0 becoming mainstream adult-use products."
For more information please contact:
Jason McBride, Corporate Development
604-283-2301 (ext. 219)
investors@nextleafsolutions.com
On behalf of the Board of Directors of the Company,
Paul Pedersen, CEO
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