CannaRoyalty welcomes the transition of California into a full recreational adult-use cannabis market with the public market’s broadest disclosed exposure to California State Licenses
Kaya Management Inc., the manufacturer of Bhang® brand vaporizer products in California, has received California Temporary Cannabis Manufacturing License
CannaRoyalty investee entities have numerous license applications in process
Demand for recently commercialized Soul Sugar Kitchen™ products surged
Ottawa, Canada – January 2, 2018 – CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) (“CannaRoyalty” or the “Company”), today welcomed the January 1st transition of the California market to a full recreational adult-use framework. California is already the largest cannabis market in the world with annual sales of approximately US$2.8 billion in 2016.(1) It is expected to maintain its leading position globally, with sales forecast to grow to US$5.2 billion in 2018(2).
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