Marijuana Facility confirms Financing

Hits: 646 Two days ago, FV Pharma, the Cannabis company who bought the Kraft plant, announced that they had closed their financing agreement with Cannabis Wheaton Income Corp.  They had previously announced a letter of intent to do this (see link below).  They are saying that the deal has “the potential to build out the largest indoor cannabis cultivation facility in the world” and that they will produce 400 million grams of Cannabis a year of which half will be “paid” to Cannabis Wheaton. Chuck Rifici, Chairman and Chief Executive Officer of Cannabis Wheaton commented that “it has the potential to create hundreds of jobs for the City of Cobourg.” What they don’t say is that there are a whole lot… Read complete articleMarijuana Facility confirms Financing