2017-12-29 09:37 ET - News Release
Mr. David Doherty reports ROCKSHIELD CAPITAL COMMENTS ON LISTING OF INVESTEE COMPANY FINCANNA (CSE: CALI) Rockshield Capital Corp.'s private investee company Fincanna has successfully listed on the Canadian Securities Exchange.
FinCanna is a cannabis royalty company focused on California and the US market. FinCanna is led by a team of finance and industry experts and is building its portfolio of investments in scalable, best-in-class projects. FinCanna's flagship investment is with Cultivation Technologies Inc. (CTI) to provide funding for its fully entitled, large-scale indoor medical cannabis facility to be developed in Coachella, Southern California.
This Coachella Campus will be a state-of-the-art facility that will include cultivation, extraction, manufacturing, testing and distribution. Dave Doherty, President and CEO said, "This is a major development milestone in the lifecycle of any company and provides them with a significant liquidity necessary to attract additional investors and provides greater potential access to capital if required to fund future growth and development. We are pleased to backing such a high quality team and look forward to see them grow and develop.
Rockshield Capital was an early stage investor in Fincanna and owns 840,000 shares at 30 cents.
Rockshield Capital Group (former: CuOro Res)
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