FinCanna Works with Cultivation Technologies to Drive Near-term Revenue – CFN Media – Markets Insider

Seattle, WA , Jan. 24, 2018 (GLOBE NEWSWIRE) — CFN Media Group (“CannabisFN”), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article covering FinCanna Capital Corp. (CSE: CALI) (CNSX: CALI) (CALI.CN), a cannabis royalty company that’s focused on building a portfolio of investments in scalable, best-in-class projects in the licensed medical cannabis sector. With its flagship investment in Cultivation Technologies Inc. (“CTI”), the company is aiming to generate near-term income following California’s new laws that took effect earlier this year.

The cannabis industry is projected to reach $50 billion over the coming years, according to Cowen & Co., driven by the new laws legalizing medical and adult-use cannabis in California and other states. While investors have many ways to capitalize on the industry, royalty companies offer some of the best opportunities given they do not require companies to surrender equity, they seek to have diversified revenue streams, and represent potential for high-margin revenue as the industry continues to mature.

Interim Extraction Facility

Cultivation Technologies Inc. recently announced the launch of an interim medical

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