US Energy Initiatives Corp (USEI)

[Stonemonsta]

MRX Xtractors are at the core of some of the brightest and fastest growing companies in the industry.

Here are three that are expanding rapidly on the strength of their products from Oregon and Colorado, into California, Nevada, Canada and beyond.

-Cura

5-17-18
https://www.forbes.com/sites/janetwburns/2018/05/17/cura-cannabis-will-produce-montel-williams-cbd-line-for-nationwide-sale/amp/

The ambitious Portland-based firm announced today that it has begun producing Lenitiv Labs’ hemp-derived CBD capsules, which can now be ordered and shipped around the country.

4-10-18
https://www.businesswire.com/news/home/20180410005677/en/Cura-Cannabis-Solutions-Enters-Canadian-Market-Cannabis

Cura’s decision to move into Canada is in direct alignment with the company’s mission to be the leading provider of cannabis oil to consumers and brands in legal U.S. and international markets.
2017 was a significant year of growth for Cura, and 2018 is set to be a year for the cannabis history books. Thanks to the team’s success, its focused strategy on oil production, and a $40M revenue recorded for 2017, the company is now closing funding at a valuation of $400M. Q1 2018 revenue was $18M which, based on publicly available data, is the largest revenue quarter in legal cannabis history. Known first as the largest cannabis company in Oregon, last year the company moved into California and its Select brand became the best-selling cannabis brand in the state after only five months (*since October 2017, according to BDS Analytics). In addition to its presence in Nevada, Cura will continue its growth into additional U.S. states this year in partnership with critical partners across North America.

-Chalice Farms/ Golden Leaf Holdings
4-24-18

https://globenewswire.com/news-release/2018/04/24/1486144/0/en/Golden-Leaf-Holdings-Signs-Letter-of-Intent-to-Acquire-California-Cannabis-Operation.html

Golden Leaf Holdings Ltd. (“Golden Leaf” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company built around recognized brands, today announced that it has signed a letter of intent (the “LOI”) to acquire a cannabis dispensary currently in operation in Northern California. The transaction would include all assets, including licenses and permits covering cultivation, production/manufacturing, distribution and two retail licenses, and would represent Golden Leaf’s entry into the largest U.S. market for both medical and adult-use cannabis sales.

About Golden Leaf Holdings

Golden Leaf Holdings Ltd., a Canadian company with operations in multiple jurisdictions including Oregon, Nevada and Canada, is one of the largest cannabis oil and solution providers in North America, and a leading cannabis products company built around recognized brands. Golden Leaf cultivates, extracts and manufactures and distributes its products through its branded Chalice Farm retail dispensaries, as well as through third party dispensaries. Golden Leaf leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil. Visit goldenleafholdings.com to learn more.

-Kyle Robinson actually worked with MRX Labs and MRX Xtractors before moving to Chalice Farms and is now director of product development for Golden Leaf Holdings

https://www.linkedin.com/in/kyle-robinson-23ba3360/detail/recent-activity/interests/

-Coda 4-22-18

https://www.newcannabisventures.com/coda-signature-captures-cannabis-value-chain-with-premium-infused-products/

The company’s first edible product launched shipped on March 31, 2016, and the company ended the year with eight different product SKUs in its edibles line. In 2017, the company launched its topicals and medical edibles lines, and in the first month of this year it launched a concentrates line. Right now, Coda Signature has 27 product SKUs in the market across its edible, topical, and concentrates line, and Grindeland expects to have 49 SKUs in the Colorado market by the end of the year. New products expected to roll out later this year include luxury topicals that transcend the traditional infused pain salves and creams to focus on cosmetic and skin treatment, extending on one of the company’s most popular products, its bath bombs.
In addition to growing its product portfolio, Coda Signature is looking at geographic expansion. The company is in the process of designing a facility in Oakland, California, which Grindeland expects will be bringing products to market by the end of this year or the first quarter of next year. The company is also in discussions with a number of licensed producers in Canada, so international expansion is on the table. The ultimate goal is to create the largest premium brand infused products company in the market, according to Grindeland. The company is working toward that goal by creating large manufacturing and distribution hubs throughout the country. If and when federal regulations loosen and allow interstate commerce, the company will be well-positioned to serve multiple markets from its hubs. For example, the Trinidad manufacturing facility could hypothetically serve Colorado, Arizona, New Mexico, and Texas. Grindeland is looking at other potential markets on the East Coast, particularly Florida, and in the Midwest.
This kind of expansion, which requires new facilities for new markets, requires capital. Initially, Coda Signature raised capital through a network of high-network individuals in a note structure. Right now, the company is in the midst of a Series A capital raise, which has engaged a number of large firms yet to be formally announced.