FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty
company for the U.S. licensed medical cannabis industry, this morning announced
that its investee company, Refined Resin Technologies Inc., has attained its
second purchase order for THC distillate in the minimum amount of $9.6 million,
bringing its total purchase orders to $10.4 million. The order was received
from a prominent, large volume, California cannabis enterprise and specifies
$9.6 million as a minimum annual amount, contingent to consistent delivery and
performance. “This multimillion-dollar order from an industry leading
distributor illustrates the outstanding reputation and confidence in the
Refined Resin team from leading players in the California market,” FinCanna
Capital President and CEO Andriyko Herchak stated in the news release. “We see
this trend continuing as the Refined Resin team has a deep network and a known
industry standard to deliver a high-quality THC distillate.”
To view the full press release, visit http://ibn.fm/sB4AU
About FinCanna Capital Corp.
FinCanna provides financing to top-tier companies in the
licensed medical cannabis industry in exchange for a royalty on revenues.
FinCanna, led by a team of finance and industry experts, is building its
diversified portfolio of royalty investments in scalable, best-in-class
projects and companies in U.S. legal states, with a focus on California. For
additional information visit www.FinCannaCapital.com
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