Breaking News: FinCanna Capital Corp Commences Trading on the Canadian Stock Exchange

FinCanna Capital Corp. (CSE: CALI) FinCanna is pleased to announce that the Company’s common shares will commence trading on the Canadian Securities Exchange (the “CSE”) under the trading symbol “CALI” today, at 6:30AM PST on December 29, 2017.

FinCanna is supporting the greater medical use of cannabis while benefitting from the growth in the market by investing in top-tier licensed medical cannabis companies in California. In exchange for financing, FinCanna will receive royalties from these licensed medical cannabis and related operations.

To date, FinCanna has completed approximately $14M CDN in financing to support its flagship investment in Cultivation Technologies (“CTI”). Based in Irvine, California, CTI is developing a very significant, state-of-the-art medical cannabis project and has already secured permits to construct a fully-entitled, 111,500 sf. permitted medical cannabis facility on a six-acre property in Coachella, Southern California.

Andriyko Herchak, CEO & Director, states, “We are very excited to be a part of the growing industry of licensed medical cannabis, and our public listing offers investors increasing access to top-tier businesses in the United States, particularly California. While the legalization of recreational cannabis is highly anticipated in California, we remain focused on our core competency of sourcing and financing ethical and regulated companies operating in the licensed medical cannabis business to leverage the paradigm shift in the industry.”

FinCanna is initially focused on California since it is the sixth largest economy in the world and the largest medical cannabis market in North America. Analysts estimate the State’s legal cannabis industry will grow at a 21.1% CAGR to $6.5 billion by 2020, and generate upwards of $1 billion in tax revenue.

New laws that come into effect in January 2018 are expected to significantly change existing supply and demand dynamics.

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