US (CA): New joint venture to set up nursery in Watsonville, CA

LEEF Brands partnered with Lifted Organics for a joint venture nursery, where both entities will hold an equal 50% ownership stake. This joint venture, named 1PN Nursery, is \located near Lifted Organics’ existing operations in Watsonville, California.

Aziz Nashat, an owner and founder of Lifted, shared his insights, stating, “Genetic selection and propagation are some of the toughest challenges facing large-scale, outdoor cannabis cultivators. In addition to reducing the cost of plants, we will no longer have to compete with other large-scale growers for strains and delivery dates or plant the same strains as those farms. Bringing nursery operations in-house will allow both companies to offer clients a selection of strains that can be requested by or exclusive to those clients. This will set us apart from our competition.”

Micah Anderson, CEO of LEEF Brands, expressed his enthusiasm for this transformative endeavor, saying, “I am excited to see LEEF realize the benefits of a more vertical supply chain and, above all, to witness the alignment of a like-minded team dedicated to supporting the future success of this monumental project.”