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$ORGH OrgHarvest Receives SEC Approval to Extend Reg A Offering


https://www.otcmarkets.com/stock/ORGH/news/OrgHarvest-Receives-SEC-Approval-to-Extend-Reg-A-Offering?id=245107

LAS VEGAS, Nov. 04, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – OrgHarvest, Inc., “OrgHarvest” or the “Company” (OTCMKTS: ORGH), the first U.S. based cannabis cultivation company to achieve a Regulation A+ qualification, announced today that the Securities and Exchange Commission (SEC), has approved a 12-month extension on OrgHarvest’s Reg A+ Offering (https://www.fundanna.com/equity/offer-summary/OrgHarvest).

As previously noted, OrgHarvest made history when it became the first U.S.-based cannabis company touching the plant, to complete the Reg A+ qualification process. Now, with further assurance that the initial qualification was justly granted, the Company has received a 12-month extension on its Reg. A+ offering. This 12-month extension allows OrgHarvest to complete its raise of up to $20M through the Tier 1 Reg A+ offering.

Management indicated that the timing of this extension was nearly perfect, particularly as the Company has completed and filed with the SEC a GAAP Audit via Black Rock Consulting in anticipation of becoming a fully reporting company – with plans to upgrade its securities to the OTCQB at the end of 2019 via a PCOAB audit. This is a strategy that management believes will bring more comfort to investors, given that regulations around the U.S. cannabis market are still somewhat convoluted. However, in scoring a historical SEC qualification, then securing licenses for Rhamnolipid Liposomes Patents and with persistent diligence in becoming a fully reporting OTCQB filer, the opportunities available to OrgHarvest are plentiful.

Frank Celecia, CEO of OrgHarvest, Inc. stated, “Things are all slowly falling into place... And, once we finalize a few of the larger deals that we’re currently working on, things should quickly expand on all fronts – including shareholder confidence. We are extremely thankful to the SEC for approving us for another 12 months and will continue to aggressively push our Reg A+ offering forward.”

The offering for OrgHarvest, Inc. is listed with TruCrowd Services, LLC. TruCrowd Services, LLC has made OrgHarvest’s Reg. A+ offering available to the public leveraging the cannabis focused securities funding portal, Fundanna.com – (see listing here (https://www.fundanna.com/equity/offer-summary/OrgHarvest)).

For more information, please visit:

Website: http://www.orgharvest.us/
OrgHarvest video:

3D greenhouse:

Investors (Reg. A+ Offering): https://www.fundanna.com/equity/offer-summary/OrgHarvest