Harvest One (CVE:HVT) Investor Presentation
Perth, Oct 19, 2018 AEST (ABN Newswire) - MMJ Group Holdings Limited (
ASX:MMJ) (MMJJF:OTCMKTS) (MMJ) attaches the presentation for Harvest One Cannabis Inc (CVE:HVT) ("Harvest One") presented by its CEO, Grant Froese, via webcast earlier this morning AEST. MMJ is the largest shareholder in Harvest One with 53.333 million shares for an approximate 30% ownership stake.
Key points for MMJ's shareholders to note from the presentation webcast and the following Q&A session are as follows:
- Cultivation capacity: targeting 20,000 kg per annum of owned cannabis cultivation capacity by the end of the 2019 calendar year;
- Satipharm: annual revenue run-rate of CAD$10 million by 30 June 2019;
- Dream Water: annual revenue run-rate to double to CAD$12 million in the next 6 to 8 months;
- Burb: 8 to 10 retail cannabis stores targeted in British Columbia by mid-2019 calendar year; and
- Capital management: CAD$50 million of cash at bank and no debt as at 28 September 2018. All projects underway are fully-funded.
To view the presentation, please visit:
http://abnnewswire.net/lnk/34J0FX3V
About MMJ Group Holdings Ltd
MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: https://www.mmjphytotech.com.au/investors/
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