FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty
company for the U.S. licensed medical cannabis industry, this morning announced
that Cultivation Technologies Inc. (“CTI”), its first investment in California,
has executed an agreement with Phoenix Tears LLC to be the exclusive
manufacturer and distributer of official Phoenix Tears THC-based products in
California. Per the update, Phoenix Tears has supported more than 200,000
individuals through its cannabis brands and products since its inception in
2010. “This agreement represents a significant step forward for CTI as they
continue to build out their manufacturing, distribution and marketing
businesses of cannabis and cannabis-related products,” Andriyko Herchak,
president and CEO of FinCanna Capital, stated in the news release. “This
agreement continues to validate our investment in CTI, and gives our
shareholders growing access to the burgeoning medical cannabis market in
California.”
To view the full press release, visit http://ibn.fm/CZsPP
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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