NetworkNewsBreaks – FinCanna Capital Corp. (CSE:
Post# of 30

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has achieved its California state Temporary Manufacturing License for Adult and Medicinal Cannabis Products. The conditional license permits Refined Resin to engage in commercial cannabis activity and positions it to submit for its annual license by the end of the year. Refined Resin’s previously submitted Oakland City Building Permit to refit its 6,000 square foot manufacturing facility for full production is also expected by Dec. 31, 2018. Construction at the facility is anticipated to be completed roughly 90 days from approval and production is expected to commence the following month. “California is a well-regulated jurisdiction and acquiring the right licenses in a timely manner is essential to success,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “We are impressed with the Refined Resin leadership team as they skillfully drive their business towards build out and commercialization of their Oakland based manufacturing facility.”
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