U.S. Markets closed

FinCanna Combines Investment & Industry Expertise to Capitalize on California -- CFN Media

Newsfile Corp.

Seattle, Washington--(Newsfile Corp. - June 4, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF).

California's cannabis industry is projected to reach $7.7 billion by 2022, according to BDS Analytics and Arcview Group, making it the largest medical and recreational cannabis market in North America. While there are many different investment opportunities in the state, the best companies have innovative business models that avoid future commoditization issues and maximize scalability to build long-term shareholder value.

In this article, we will take a look at FinCanna Capital Corp.'s unique business model that addresses these concerns and its experienced management and advisory team capable of executing on its ambitious goals.

Targeting California with a Unique Business Model

FinCanna Capital has developed a royalty investment business focused on the US and California in particular. In exchange for providing capital to licensed cannabis businesses, the company enters into royalty agreements that seek to generate predictable high-margin recurring revenue. The business model is also very scalable since there are no operational components.

For portfolio companies, FinCanna's business model enables them to avoid dilutive equity financing agreements with a potentially lower cost of capital. Portfolio companies also have greater flexibility; their owner/operators maintain control and operating autonomy and the agreements can be customized based on the situation. Incentives for both companies are also aligned since FinCanna only makes money when portfolio companies make money.

FinCanna's shareholders benefit from a diversified portfolio of companies across different sectors as the company seeks to invest its capital in rapidly emerging private companies operating in the licensed U.S cannabis industry. For investors, diversification helps mitigate the risk of any individual company or sub-sector impacting an entire portfolio's value. Cannabis investors also have access to private versus public cannabis companies as added diversification. Additionally, FinCanna's royalty business model doesn't require nearly as many personnel or resources as production companies, which keeps overhead costs relatively low and predictable.

Click Here to view the Fundamental Research Report

FinCanna's current active royalty portfolio includes:


  • ezGreen Compliance - ezGreen Compliance offers state-of-the-art enterprise compliance and point-of-sale (POS) software solutions to licensed cannabis dispensaries and cultivators. ezGreen's POS software supports and simplifies the maintenance of accurate reporting, inventory control and taxation requirements for licensees seeking to remain compliant.

  • Refined Resin Technologies - Refined Resin Technologies, located in Oakland California, is a cannabinoid research and refinery company engineered for industrial scale. Upon build out of its 6,000 sq. ft. extraction facility looks to provide B2B and B2C products and services to licensed dispensaries and distributors in the licensed cannabis supply chain.

  • QVI Inc. - QVI Inc. is a manufacturer of cannabis infused products under the trade name "The Galley". Currently, the company is retrofitting its 8,300 sq. ft. facility with dedicated spaces for a large-scale commercial kitchen for baked goods, chocolate products and hard candy and gum products. The facility will also have a designated area for contract manufacturing and additional products.


For More Information on FinCanna's Portfolio Companies Visit the Company's Website

Experienced Team at the Helm

FinCanna has an experienced management team and advisory board with financial and industry expertise.

CEO Andriyko Herchak, CPA, CA, has over 20 years of executive leadership experience with publicly traded companies and formerly served as the CFO of an international sales and marketing company generating $1.4 billion in annual revenue. Other members of the executive team have similar experience at successful public and private companies where they have demonstrated their ability to execute on their plans.

Chief Financial Officer Robert Scott brings over 20 years of experience in corporate finance, including merchant and commercial banking with a major Canadian bank. He has also served on the board of many Canadian publicly-traded companies as well as successfully listing several companies on the TSX Venture Exchange.

Chairman of the Board Morris Reid is a globally-recognized corporate and political strategist based in Washington D.C. and London. In addition to advising prime ministers, presidents, and royal families around the world, he is a partner at Mercury, a high-stakes public strategy firm that represents the world's most successful companies, leading advocacy groups, governments, political parties, and NGOs.

Advisor Gaynell Rogers based in California, has been an expert and frequent speaker on national and international media relations, marketing and investments in the cannabis industry since 2009. She was Head of Media Relations & Special Projects for 10 years at Harborside in Oakland. Formerly a Senior Publicist for Lucasfilm Ltd., and Head of Feature Film Publicity for Pixar - she also secured the creation of the first cannabis mini series TV show "Weed Wars" on The Discovery Channel. She was the 1st in the industry to secure multiple national features for her clients in Fortune, NYT, and other major U.S. and international outlets.

Additional advisors, like Patrick Goggin, who served as co-counsel in the HIA vs. DEA case in the 2000s, and Dani Walton, who is the wholesale and distribution manager at Harborside, provide critical insights into the U.S. market.

Click Here to View the Full FinCanna Team

Looking Ahead

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) is well positioned to capitalize on California's burgeoning cannabis industry. With an experienced team at the helm, the company is making progress in securing new investments that should build shareholder value over the long-term.

Click Here to receive an Investor Presentation and Company updates

For details on FinCanna's disclaimer and Forward Looking Statements please visit:

https://www.fincannacapital.com/corporate/forward-looking-statement/

Disclaimer

CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on https://www.cannabisfn.com (the 'Site') is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: https://www.cannabisfn.com/legal-disclaimer.

https://www.fincannacapital.com/corporate/forward-looking-statement/

Please follow the link to read the full article on CFN Media: http://bit.ly/2MqsO6k

About CFN Media

For Visitors and Viewers

CFN Media's Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, exclusive content and original programming involving the people, companies and investments shaping the industry.

For Cannabis Businesses & Companies

CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.

Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.

Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.

Learn how to become a CFN Media client company, brand or entrepreneur:
http://www.cannabisfn.com/featuredcompany

Disclaimer

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

FinCanna Capital Corp.

Andriyko Herchak, CEO & Director

Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
CALI@kincommunications.com

Frank Lane
206-369-7050
Flane@cannabisfn.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45278