The Top Companies Giving Investors Exposure to CBD-Rich Hemp - Seite 3

Fire & Flower Holdings Corporation (TSX-V:FAF)(OTCPK:FFLWF) announced that it has received an additional license to operate a cannabis retail store in Lethbridge, Alberta from the Alberta Gaming, Liquor and Cannabis Commission (AGLC). Once opened, this store will be the 22^nd Fire & Flower branded, licensed cannabis store and will be located at 2424 Fairways Plaza Road South in Lethbridge, Alberta. This announcement of an additional Alberta licensed cannabis store demonstrates Fire & Flower's commitment to its near-term rollout schedule. The Lethbridge location has been built out and is ready for opening once final inspections occur and cannabis products are received.  "The rapid rate at which the AGLC is issuing cannabis retail licenses demonstrates Alberta is open for business and this province is a leader in cannabis retail," shared Trevor Fencott, Fire & Flower's Chief Executive Officer. "Our recent bought deal private placement financing of $27,000,000 ensures Fire & Flower is well positioned to capitalize on the accelerated store licensing."

Crop Infrastructure Corp.  (CSE:CROP)(OTCPK:CRXPF) just announced that its Emerald Heights retail brand has secured a provisional license for a retail, delivery, and smoking lounge in Cathedral City, California, to vertically integrate its California brands. CROP has also retained a local real estate broker to find suitable locations to set up its Emerald Heights flagship location. A $30,000 USD deposit has been placed and the balance of $220,000 USD will be paid on final transfer of ownership of the license. CROP's subsidiary will be able to run delivery routes in the Bay Area, Coachella Valley, and is currently seeking a Southern California distribution partner. CROP's California extraction partner has run the first batch of material for extraction from the 2018 harvest into THC distillate oil, this first run will be used to fill 30,000 vape cartridges and combined with inventoried flower prepare 200,000 Moonrock Cones. Additional inventoried organic flower will produce ~100,000 pre-rolled joints. These products are intended to be sold in the first Emerald Heights store and have a total wholesale value of $2,860,000 USD if sold through the company's distribution company and partners and if sold at the Emerald Heights location a total retail value of over $6,000,000 USD.