Nectar Holdings, Inc. Announces the Grand Opening of 7th Oregon Cannabis Dispensary

PORTLAND, Ore.--()--Nectar Holdings, Inc. ("Nectar") the vertically integrated, market-share leading, Oregon cannabis entity, is opening its seventh retail location in Tillamook, Oregon. This is Nectar’s second Oregon Liquor Control Commission dispensary participating in full recreational sales. The company has five OHA licensed dispensaries. Nectar presently holds 7 of the 50 issued Oregon Liquor Control Commission licenses and will be electing to convert its remaining five OHA licensed stores to the OLCC license model in the next few weeks.

The 1,920-square foot facility in Tillamook is located at 575 North Main Street, up the road from one of the most popular tourist attractions in Oregon – Tillamook Cheese Factory. The tourist destination is host to nearly one million visitors a year.

“We are pleased to be expanding to the beautiful northern coast of Oregon,” said Nectar COO Devra Karlebach. “Securing a location near the Tillamook Cheese Factory which draws over a million visitors annually coupled with Tillamook’s coastal location was something we believe will further compliment Nectar’s expansion plans. The Oregon Coast is known as a day trip destination with an average of 16 million plus visitors annually as recorded by the Oregon Parks and Recreation Department.”

There are currently two dispensaries operating in Tillamook, a town of 5,000, neither of which is OLCC licensed for full recreational sales. Oregon Health Authority licensed dispensaries that are participating in OHA’s Early Recreational Sales program will need to stop selling to recreational customers on December 31, 2016 when the Early Recreational Sales program ends. Dispensaries, such as Nectar, who are licensed to sell full recreational sales by the OLCC are presently allowed greater transaction limits to those of early recreational sales.

The Tillamook location is the third store Nectar has opened outside of Portland, where it has four popular dispensaries strategically placed throughout the city. Gresham and Eugene are home to Nectar’s other two retail outlets. The newest Nectar location will offer the company's premium Applegate Valley Organics cannabis, waxes and oils, among other high-quality cannabis products from the top producers in the state. Nectar is also one of two dispensary chains in Oregon selected to launch the Marley Naturals brand.

About Nectar Holdings, Inc.

Nectar Holdings, Inc. is an Oregon market-share leading cannabis entity that operates seven dispensaries through its Nectar Markets, LLC subsidiary and seven cultivation facilities through its Applegate Valley Organics, LLC subsidiary throughout the state. Nectar prides itself on providing a phenomenal customer experience, professional staff, great selection of quality products and on being a great corporate citizen and neighbor in the community.

To be added to the Nectar email distribution list, please email Info@nectarpdx.com with Nectar Markets in the subject line.

For more information about Nectar visit: http://www.nectarpdx.com/

Contacts

Nectar Holdings, Inc.
Devra Karlebach, 917-751-9500
Chief Operations Officer
d.karlebach@nectarpdx.com

Release Summary

Nectar Holdings, Inc. Announces the Grand Opening of 7th Oregon Cannabis Dispensary

Contacts

Nectar Holdings, Inc.
Devra Karlebach, 917-751-9500
Chief Operations Officer
d.karlebach@nectarpdx.com