Unrivaled Brands, Inc. UNRV opened a sophisticated cannabis grow facility in southern Oregon.
The 10,000-foot greenhouse with 275 lights at full production also has 50,000 feet of full sun cultivation area. The launch of the facility represents the next step in vertically integrating Unrivaled’s business in Oregon, led by its marquee Sticks brand while ensuring the quality and consistency of its products. The increased growing capacity will also help the company meet the rapidly growing demand for Unrivaled products.
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
“We are excited to launch our cultivation operation in Oregon which will allow us to provide high-quality flower for our Sticks brand, one of the leading pre-roll and packaged flower brands in the state of Oregon," Unrivaled COO Uri Kenig said. "With the first harvest expected in early summer of 2022, we expect greater margins and brand consistency, furthering our mission of becoming the leading west coast MSO.”
Price Action
Unrivaled Brands shares traded 0.65% lower at 25 cents per share at the time of writing Thursday morning.
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