ACCESS Newswire
10 Sep 2019, 19:01 GMT+10
LAS VEGAS, NV / ACCESSWIRE / September 10, 2019 / OrgHarvest, Inc. (OTC PINK:ORGH) (the "Company") is pleased to announce that the Company has retained Black Rock Consulting - working with Julian Tolliver, CPA - to complete an audit of the Company's financials, as the final step in applying to upgrade to the OTCQB. OrgHarvest is the first cannabis company to apply to the OTCQB, hoping to set a landmark precedent.
"This audit will be completed mid-September and the Company will file its application to trade the Company's common shares on the OTCQB," stated Frank Celecia, CEO of OrgHarvest, Inc. "This is a major step for our shareholders to have more liquidity and our stock will be qualified to be accepted by Institutional investors. The Company continues to offer its REG A Tier 1 offering, through the funding portal Fundanna.com (offering: https://www.fundanna.com/equity/offer-summary/OrgHarvest).
Currently, the Company's Reg A Offering is priced at $0.25 per share of free trading common stock.
OrgHarvest intends to launch its cannabis cultivation and production operations in Las Vegas, Nevada, employing a high-tech, 142,000-square-foot glass greenhouse imported from the Netherlands, which has the capacity to produce 750 pounds of cannabis flower per week. This would enable the Company to potentially gross over $60 million after only its second year of operations.
The Company is focused on the acquisition of, and/or joint venturing with, cannabis dispensaries as well as the production and distribution of cannabis flower with high THC values and oils used in manufacturing edibles, beverages and pharmaceuticals.
OrgHarvest's competitive advantages include risk diversification through the approach of growing cannabis using a high-tech, custom Dutch glasshouse manufactured in the Netherlands, which offers a unique combination of advantages unmatched by OrgHarvest's competitors. Compared to other cannabis operations, the Company differentiates itself by offering a facility that can provide better quality, pest-free flowers, and a stronger focus on developing new strains and products using exclusive patented technology.
Operational advantages of OrgHarvest's production system include:
Management Team
OrgHarvest's management team and its founders bring together unique and diverse backgrounds in terms of education, experience and expertise. Having an award-winning team behind OrgHarvest that is dedicated to strain development and organic production, will be the key to producing high-quality, THC flower. All of the products that the Company distributes must first pass rigorous inspections conducted by independent, third-party testing facilities, followed by internal inspections, before being delivered to end users.
The OrgHarvest management team has many years of combined business experience and is comprised of senior executives who each have a commendable track record in the technology industry. The Company's management team includes Frank Celecia, President and CEO; Keith DeSanto, Chief Science Officer/Research and Development; Carlos Calixto, COO; and Rick Snelson, Master Grower. The Company's Board of Directors includes Frank Celecia, Dr. Dean Cohen, Dean Ruffridge and James Adams.
OrgHarvest offers an exceptional opportunity for investors interested in a unique combination of technology and an innovative business model targeting the recreational and medicinal cannabis market legal in Las Vegas, Nevada. The timing of the market and the strong demand provides a winning combination for success.
Website: http://www.orgharvest.us/
OrgHarvest video:
3D greenhouse:
Invester website:
https://www.fundanna.com/equity/offer-summary/OrgHarvest.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Company Contact:
OrgHarvest, Inc.
Incline Village, NV
[email protected]
SOURCE: OrgHarvest
Get a daily dose of Boston Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Boston Star.
More InformationHONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
(Photo credit: Paul Rutherford-Imagn Images) The Boston Red Sox are facing a light portion of their schedule and taking advantage...
(Photo credit: Thomas Shea-Imagn Images) Brayan Rocchio lined a go-ahead, two-run double into the left field corner with two outs...
(Photo credit: Paul Rutherford-Imagn Images) Roman Anthony hit his first career home run at Fenway Park en route to his sixth multi-hit...
(Photo credit: Kim Klement-Imagn Images) Tyler Johnson, who played 13 seasons in the NHL and won back-to-back Stanley Cups with the...
(Photo credit: David Reginek-Imagn Images) The struggling Washington Nationals flew into St. Louis with new leadership in both the...