|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.0380 - 0.0412|
|52 Week Range||0.0380 - 0.1530|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
DENVER, Nov. 29, 2018 /PRNewswire/ -- MOUNTAIN HIGH ACQUISITIONS CORP. (MYHI), announces that its wholly owned subsidiary One Lab Co., a Nevada-based company that provides extraction equipment to the cannabis industry, has completed delivery of a state-of-the-art modular extraction lab to Workforce Labor Solutions, LLC ("WLS"). WLS provides turnkey labor and extraction services to licensed cannabis producers in Washington state. According to the terms of the five-year lease with One Lab Co., WLS will make payments of $25,000 per month for use of the lab. As a result of this lease agreement, WLS gains access to the extraction equipment required to serve the needs of its clients, while eliminating the burden of sourcing and building a lab.
DENVER, Aug. 21, 2018 /PRNewswire/ -- MOUNTAIN HIGH ACQUISITIONS CORP. (MYHI), announces it has closed on the acquisition of One Lab Co., a Nevada-based company that provides extraction equipment to the cannabis industry. The acquisition brings with it a five-year lease of its modular extraction lab to Workforce Labor Solutions, LLC, which provides turnkey labor and extraction services to licensed cannabis producers in Washington state. "The abundance of cannabis currently being cultivated by licensed growers has created increased demand for access to extraction facilities," said MYHI CEO Alan Smith. "We're meeting this growing need in the cannabis space, which stems from an increasing number of consumers interested in cannabis, but who don't want to smoke it. As a result, demand for edibles and other end products is growing—but to make these products, cannabis product makers require a variety of quality cannabis extractions.