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MMJ PhytoTech Ltd (MMJJF) Harvest One (HRVOF) Investor Presentation
Perth, Australia (ABN Newswire) - MMJ Group Holdings Limited (ASX:MMJ) (OTCMKTS:MMJJF) (MMJ) ...
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[{"type":"text","content":"MMJ PhytoTech Ltd (MMJJF) Harvest One (HRVOF) Investor Presentation\nPerth, Australia (ABN Newswire) - MMJ Group Holdings Limited (ASX:MMJ) (OTCMKTS:MMJJF) (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 \nAbout MMJ PhytoTech Ltd:MMJ PhytoTech Limited (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: http://www.mmjphytotech.com.au/investors/ \nSource:MMJ PhytoTech Ltd\nContact:Investor and Media Enquiries:\nJason Conroy\nChief Executive Officer\nT: +61-2-8098-0819\nE: [email protected]\n \n ","length":2040,"tagName":"div"}]