Cannabis Market Global Growth Influencing Rapid Expansion of Operations to Fulfill Product Demand

Thursday, November 29, 2018 Lifestyle News
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FinancialNewsMedia.com News Commentary

PALM BEACH, Florida, November 29, 2018 /PRNewswire/ --

As the

cannabis market continues to evolve and experiencing a compounding rate of growth due to factors such as legalization, product advancements and rising consumer interest, cannabis companies are heavily investing in the expansion of operations. Through
high levels of private investment, operations within cannabis are expanding as leaders aim for lower costs with higher volumes of output. With millions invested in operations and process optimization, enhanced levels of growth are expected to continue in the multi-billion dollar market. Active cannabis stocks in the markets today include: CROP Infrastructure Corp. (CSE:CROP) (OTC:CRXPF), The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF), Namaste Technologies Inc. (TSX-V:N) (OTC:NXTTF), Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX:NEPT), HEXO Corp. (TSX:HEXO) (OTC:HYYDF).

CROP Infrastructure Corp. (CSE:CROP) (OTCPK:CRXPF) BREAKING NEWS: CROP Infrastructure announced today it has signed a toll processing agreement with a manufacturing company that will produce oils, crumbles and distillates for sale in to the California market.

The raw material will be finished cannabis from CROP's Humboldt County farm where the cannabis is awaiting sale, being trimmed or drying. The farm is currently flowering 10,000 sqft of canopy for a late stage harvest and is working on the permitting for its 2019 expansion including a proposed 30,000 sq ft automated greenhouse facility.

In addition, a distribution agreement is now in place for the cannabis which will be sold under the company's Hempire brand for estimated gross revenue of approximately $1,600 per pound of flower. The farm has allocated 750lbs of inventory to be sold under the Hempire brand.

The distributor has offices in Oakland and Orange County. Their distribution network consists of approximately 350 licensed |cannabis stores across California.

CROP CEO, Michael Yorke, stated: "Progress is continuing on becoming fully vertically integrated with self-serving Emerald Heights retail application. Processing and distribution are key agreements in getting our product onto hundreds of potential retail shelves. CROP's core goal is maximizing its return on investment from tenant 2018 production, while preparing and building relationships for an exciting 2019." Read this full announcement and more news for CROP Infrastructure at:https://www.financialnewsmedia.com/news-crop/

Additional cannabis industry related developments from around the markets:

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD.TO) (OTCQX:TGODF) recently announced a supply partnership with Velvet Management Inc. for sales and distribution to provincial liquor and cannabis boards across Canada. Velvet is a new company with distinct ownership created by the largest wine distributor in Canada, Philippe Dandurand Wines. TGOD is committed to best-in-class distribution for its premium, certified organic cannabis. Sales and relationships with provincial cannabis and liquor boards is a critical aspect to TGOD's success. Through the partnership with Velvet, TGOD has secured a strong entry point with every provincial liquor and cannabis board across Canada.

Namaste Technologies Inc. (TSX-V:N.V) (OTCQB:NXTTF) recently announced that its wholly-owned subsidiary, Cannmart Inc. ("Cannmart") has signed a Delivery Agreement (the "Agreement") to launch much-anticipated same-day delivery service in the Greater Toronto Area ("GTA") through Pineapple Express Delivery Inc. ("Pineapple Express") for its medical cannabis products. Effective immediately, Cannmart patients within the GTA area will have access to same-day, set-time, and rushed delivery services. The launch of same-day delivery within Cannmart's platform further supports the Company's vision to offer value to its patients in a medical cannabis online marketplace.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX:NEPT) recently announced On Thursday, December 6, 2018 , management will present at the LD Micro Main Event XI in Los Angeles, CA , at 9:00 a.m. PST and be available to meet with investors attending the conference that day. A webcast of the presentation session and a copy of the company's latest investor presentation will be available on the company's website at https://neptunecorp.com/en/investors/events-and-presentations/.

HEXO Corp. (TSX:HEXO.TO) (OTCPK:HYYDF) recently announced the closing of the acquisition of its interest in a large facility in Belleville, Ontario. This is the first facility that the Company has established outside of Quebec, further delivering on its national expansion strategy and allowing HEXO to create a centre of excellence for the development of advanced cannabis products. "Closing the transaction and acquiring our interest in this facility is integral to carrying out our hub and spoke business strategy," said Sebastien St-Louis, HEXO's CEO and co-founder. "The space can be scaled up based on our future needs and provides HEXO with the infrastructure it needs to continue partnering with Fortune 500 companies and to create category-winning cosmetics, edibles, vapes and more." The centralized location, conveniently located along primary shipping routes in Ontario, will allow HEXO to process and distribute cannabis-based products to fulfil its commitments across Canada.

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com (FNM) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated forty nine hundred dollars for news coverage of the current press release issued above by CROP Infrastructure Corp. by a non affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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