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Wednesday, September 26, 2018 9:20:22 AM
https://globenewswire.com/news-release/2018/09/26/1576195/0/en/FinCanna-Investment-Refined-Resin-Technologies-Inc-Secures-First-Purchase-Order-in-the-Minimum-Amount-of-US-840-000.html
Refined Resin a Premier Bulk Producer of THC Distillate and High-Value Concentrates for California’s Growing Demand of Extracts Receives First Purchase Order from a Prominent California Brand
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September 26, 2018 03:05 ET | Source: FinCanna Capital Corp.
VANCOUVER, British Columbia, Sept. 26, 2018 (GLOBE NEWSWIRE) -- FinCanna Capital Corp. (“FinCanna”) (CSE: CALI) (OTCQB: FNNZF) a royalty company for the US licensed medical cannabis industry, is pleased to announce that its investee company Refined Resin Technologies Inc. (“Refined Resin”) of Oakland, California has received its first purchase order for THC distillate in the amount of US$840,000. Refined Resin is a cannabinoid research and refinery company that provides B2B products and services to licensed brands, dispensaries and distributors in the medical cannabis supply chain.
This purchase order was received from a high volume, top California cannabis brand that manufactures a diversified product line, which is distributed across the state. The purchase order of $840,000 is specified as a minimum annual amount with the expectation that monthly volumes and associated payments could escalate based on consistent delivery and performance.
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