Cann American Corp. acts as a Holding Company for the sake of developing assets within the legal cannabis and hemp industries. We act as a consultant and service provider to the legal cannabis and hemp industries. The Company's primary focus has been on infrastructure development and consulting for state approved cannabis operations primarily in the state of California. Through our subsidiary, Cann American Holdings, LLC, which has recently merged into the company on August 21, 2019, we have been engaged in the development of a legal cannabis infrastructure development project consisting of 3 green houses in various stages of development in Mendocino County, California. The Company additionally consults clients locally and nationwide on crop yields, best agricultural practices and navigating entry into the cannabis and hemp industries. We intend to develop a legal hemp processing facility. Hemp farming in the US is rapidly increasing since federal legalization and access to federal crop insurance, leaving an extensive demand for processing facilities for trimming and drying at scale. The current market for bulk hemp biomass can range from $5 to $10 per lb. Depending on the proceeds raised will determine the scale of the processing facility in Northern California which will seek a strategic location to access the Nevada and Oregon markets as well. When a hemp crop is harvested the hemp biomass must be dried, cured and trimmed. Separating the flower material from the stalks and leaves, before its sold to prospective buyers serving the vast demands for raw hemp. We believe the current North American market lacks enough processing facilities for drying and trimming at commercial scale to accommodate the increasing amount of hemp farming operations. Many farmers have developed make-shift drying facilities on sight to prepare their harvested crops for sale. The deficiency in dedicated processing facilities in the hemp supply chain can result in thousands of acres of crop loss nationwide. The Company intends that such a facility serving the Northern California market, with the ability to also draw clients from Nevada and Oregon, will fill a significant void in the hemp marketplace. Source
No articles found.
We develop and distribute cutting edge micro-baking technology in the form of a un...
We develop and distribute cutting edge micro-ba...
Located in the heart of Austin, Texas, Uncle Billyâs Brewery & Smokehouse offers...
Located in the heart of Austin, Texas, Uncle Bi...
Since 2014, we have built our cocktail syrup company around authenticity and flavo...
Since 2014, we have built our cocktail syrup co...
Infuzed Brands is committed to your health and wellness, the way nature intended. ...
Infuzed Brands is committed to your health and ...
Our vision here is big. HUGE. We know that well-designed products elevate your exp...
Our vision here is big. HUGE. We know that well...
The Easiest Way To Manage Your Cannabis ProductsA robust CMS to power both educati...
The Easiest Way To Manage Your Cannabis Product...
Northridge Corporation was incorporated on July 17, 2019 in the Commonwealth of Pe...
Northridge Corporation was incorporated on July...
Founded in Maumee, Ohio, in 1947, The Andersons is a diversified company rooted in...
Founded in Maumee, Ohio, in 1947, The Andersons...
Green Sense Farms is developing vertically integrated farms and greenhouses.
Green Sense Farms is developing vertically inte...
Elliott Group provides financial and operating expertise to drive dramatic improve...
Elliott Group provides financial and operating ...
Join the National Investor Network and get the latest information with your interests in mind.