Both Companies to Exhibit at the Marijuana Business Conference in Las Vegas from Nov. 12 to 14
G FarmaLabs, a producer and processor of cannabis products, on Friday announced that is has entered into a production agreement with MedMen, a full service cannabis management firm. G FarmaLabs officials said the company "will bring its full line of award winning cannabis infused products to MedMen’s offerings as the management company gears up for a substantial footprint in the two newest cannabis markets, Nevada and Illinois."
“While the marijuana industry has seen tremendous growth over the past couple of years, there still remains a frustrating amount of regulatory hurdles that make expanding a marijuana producing and processing company a challenge,” said Ata Gonzalez, founder and CEO of G FarmaLabs. “With this unique partnership, which took a tremendous amount of time and effort to structure, G FarmaLabs is able to expand nationally, while MedMen is able to offer its clients the best cannabis products on the market.”
This announcement marks the latest in a number of big announcements for both companies, both of which will be exhibiting at the Marijuana Business Conference in Las Vegas from Nov. 12-14.
For G FarmaLabs, in early October, the company announced a Private Offering to raise $5 million in capital for a stake in the future of the company’s California territory.