Building the Craft Shelf for Cannabis Beverages

6 Months ending April '23, Revenue was 558K CAD

Sponsored
Message: CLIENT FEATURE: Molecule Holdings (MLCL: CSE) is Pioneering the Cannabis Craft-Beverage Market

 

Why Molecule?

 

  • Working at the cutting edge of the nascent cannabis industry
  • A Canadian, craft-focused, cannabis beverage production and formulation company
  • Boasting a 200,000 square foot production facility based in Ontario
  • Recently given the green light to begin selling its unique line of cannabis-infused beverages throughout Canada, starting in Ontario and Québec.

Revenue Forecast:

  • 2021 Q1 revenue of $3.5m, 2021
  • Q2 revenue of $5.8m
  • 2021 Run Rate revenue of $18.5m 

The Facility:

  • Received its Health Canada Cannabis Processing License in February 2020
  • Is strategically situated close to Canadas busiest highway
  • Roughly equidistant to Montreal, Toronto and Ottawa – three of Canadas largest consumer bases
  • It has a licensed facility perimeter of 200,000 sq. ft.
  • Molecule is presently using 14,000 sq. ft.
  • Meaning there is more than 150,000 sq. ft of scalability with the existing Health Canada License
  • A 2m litre capacity currently exists at the facility, with a 6m+ litre potential



Molecule currently holds a Standard Processing Licence issued by Health Canada, which allows it to manufacture cannabis-infused products and sell them to other Licenced Producers

The companys recent partnership with Vortex Cannabis Inc. allows Molecule to bring its unique line of cannabis-infused beverage products to market in 2021, while completing its own sales amendment application, which will allow it to sell to provincial wholesalers directly.

 

 

 

NEWSFLASH:

 



FULL DISCLOSURE: Molecule is an advertising client of AGORA Internet Relations Corp.

Hub On AGORACOM / Corporate Profile

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