High Hampton Holdings Corp. (CSE:HC,OTCMKTS:HHPHF FSE:OHCN) Interim CEO Christian Scovenna was featured in a recent livestream from Midas Letter RAW, which was hosted by Ed Milewski. The show is designed to provide insight into key markets and share interviews with industry experts and CEOs.
During his segment on the show, Scovenna discussed High Hampton’s expanding footprint as a cannabis company in California and its goal to be a fully integrated company in the state. The company is in the process of developing its fully integrated grow facility in Coachella, California, which will house a 254,000-square-foot greenhouse.
High Hampton has also recently entered into a binding letter of intent (LOI) to acquire Mojave Jane in a cash and stock deal. Mojave Jane is a fully licensed manufacturer also based in Coachella and has extraction capabilities as well. He discussed how the acquisition was a strategic one as there are clear synergies with previous acquisition CaliGold, a company that is based out of Oakland and produces edible, medicinal-grade chocolate bars that could use extracts produced under Mojave Jane.
“When we look at numerous acquisitions, our model is to provide value. We provide value by acquiring at a low valuation and we are looking for topline revenue,” Scovenna said of their acquisition strategy. “We look at every potential acquisition and look at it to make sure that if we are going to proceed […] that it is creating shareholder value.”
To see the full interview, click here.
American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows.
Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).