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.
Harnessing the power of Indias ancient beauty rituals, we have reimagined luxury ...
Harnessing the power of Indias ancient beauty ...
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a stro...
Newell Brands (NASDAQ: NWL) is a leading global...
Kao creates high-value-added products that enrich the lives of consumers around th...
Kao creates high-value-added products that enri...
Tilray is a global pioneer in the research, cultivation, production and distributi...
Tilray is a global pioneer in the research, cul...
CANRVE connects travelers with cannabis friendly vacation homes, hotels & lifestyl...
CANRVE connects travelers with cannabis friendl...
Grow Solutions Holdings Inc provides products and services to the regulated legal ...
Grow Solutions Holdings Inc provides products a...
Applied Science Products operates Advanced Plasma Products, Inc., a science and en...
Applied Science Products operates Advanced Plas...
Verde is an agri-tech company promoting sustainable and profitable agriculture thr...
Verde is an agri-tech company promoting sustain...
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the...
Tractor Supply Company (NASDAQ: TSCO), the larg...
Since 2016, Newchip has helped thousands of entrepreneurs raise millions across th...
Since 2016, Newchip has helped thousands of ent...
perceptre is a worldwide marketplace for both electronic and human intelligence. T...
perceptre is a worldwide marketplace for both e...