Replies to post #66 on FinCanna Capital Corp (FNNZF)

[JohnCM]

Cultivation Technologies, Inc. Reaches $1 Million in Cumulative Revenue Since Beginning Commercial Operations in January 2018

June 7, 2018

As an innovator in the emerging cannabis industry in California, Cultivation Technologies, Inc. ("CTI") - a leading manufacturer and distributor of licensed cannabis in California - announced today that it has reached $1 million in cumulative revenue since it started commercial operations earlier this year.

Through its subsidiaries Coachella Manufacturing and Coachella Distributors, CTI provides "Extraction-as-a-Service" or "Contract Manufacturing" to brands, cultivators, manufacturers, and distributors who require licensed Butane Hash Oil ("BHO") processing for their biomass or manufacturing services for various products.

With divisions that fulfill the varying levels of procurement of cannabis products, including distribution to retail dispensaries, CTI remains at the forefront of this developing industry - including meeting the complex standards required to be fully-licensed within the state.

Earlier this week, CTI made news with the expansion of its Coachella™ Premium brand of cannabis concentrates and vape cartridges in California dispensaries. The Coachella™ Premium line of products features all the major concentrate types - including diamonds, sauce, shatter, batter, and sugar - with an ongoing list of strains.

The company was also instrumental in sponsoring state legislation AB2679, which sets safety standards and institutional best practices for cannabis extraction using solvents.

"We're quite encouraged about the revenue growth CTI is experiencing in just a few short months since launching operations," said Miguel Motta, President & CEO of Cultivation Technologies, Inc. "We've learned a lot about the market and expect to build upon our initial success in 2018 and beyond."

ABOUT CULTIVATION TECHNOLOGIES, INC.

Cultivation Technologies, Inc. provides infrastructure, manufacturing, extraction, distribution, technology, and branding to the legal medical cannabis industry. The company owns 6-acres in Coachella, California, which is entitled for a 111,500+ square foot facility featuring cultivation centers, manufacturing facilities, a testing lab, a distribution hub featuring transportation, and a centralized processing center. For more information, visit www.CultivationTech.com. The Company acquired temporary licenses for "Type 7" manufacturing and distribution from the State of California in January 2018.