Royalty company for the U.S. licensed medical cannabis
industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today announced its
entry into a royalty agreement with QVI Inc. (which stands for Quality, Value,
Integrity, doing business as “The Galley”), a Sonoma County, California-based
cannabis-infused product manufacturer. QVI is strategically located in Sonoma,
California, between the famed Emerald Triangle and the greater San Francisco
Bay Area, and it is in the process of refitting its 8,300 square foot facility
in Santa Rosa for a large-scale commercial kitchen. The facility is planned to
have dedicated spaces for baked goods, chocolate products and a hard candy and
gummy line, as well as a designated area for contract manufacturing of
additional products, including topicals and tinctures, vapes, pre-rolls, flower
assembly and packaging services. “We are very pleased to complete our royalty
agreement with QVI and their exceptional team,” FinCanna Capital CEO Andriyko
Herchak said in the news release. “Our investment will accelerate QVI’s growth
strategy to move rapidly into the manufacturing, order fulfillment and customer
acquisition phases of its development in the state of California from its home
in Sonoma County. This is also a great fit for our portfolio as it provides
additional diversification, and with QVI’s potential for rapid scalability, a
strong impact to our bottom line moving forward.”
To view the full press release, visit http://ibn.fm/vlqQo
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 more
information, visit the company’s website at www.FinCannaCapital.com
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