City View Green Holdings (CSE: CVGR) is a vertically integrated cannabis company with a primary focus on the development of a seed-to-retail cannabis network. Recently, the company finalized an agreement securing a 40,000-square-foot cultivation facility that CVGR plans to use to produce a pharmaceutical-grade crop. An article discussing the company reads, “City View Green recently announced that it had completed a previously detailed goal of transferring its option to purchase the facility in Brantford, Ontario, just southwest of Toronto, to an arms-length financier who has also completed a five-year renewable lease agreement with CVGR that includes a first right of refusal on any potential future sale of the property. . . . The financier will provide all the required buildout and capital improvements necessary for the mandatory Health Canada licenses and to make the facility a fully operational cannabis cultivation and extraction site, according to the announcement (http://cnw.fm/dxFn9). The new landlord obtained one million common share purchase warrants in exchange, each of which can be used to purchase one common share of the company at a price of $0.18 during the next five years.”
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About City View Green Holdings Inc.
City View Green has been structured to be a vertically integrated cannabis company focused on seed to retail. Upon receipt of its Cannabis Act license, City View Green will incorporate growing, extraction, production and retail at its Brantford, Ontario, facility. It is the company’s intention that City View Green will grow exceptional-quality cannabis and produce high-quality extracts. City View Green expects to produce high-quality edible products, distillates and water-soluble products — once these products are legalized — for the beverage market. In addition, City View Green owns a 19.9% stake in Budd Hutt Inc., a retail-focused cannabis company with access to licenses in Alberta and other retail opportunities across Canada. The company expects that Budd Hutt Inc. will secure shelf space and distribution opportunities for City View Green’s products. City View’s future is green. Follow the green. For more information, visit the company’s website at www.CityViewGreen.ca.
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