FinCanna Capital Corp. to Begin Trading on the Canadian
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NEWS RELEASE
Not for distribution to United States newswire services or for dissemination in the United States.
FinCanna Capital Corp. to Begin Trading on the Canadian
Securities Exchange December 29th, 2017
Vancouver, British Columbia, December 28 , 2017 – FinCanna Capital Corp. (“FinCanna”) (CSE: CALI)
FinCanna is pleased to announce that the Company’s common shares will commence trading on the
Canadian Securities Exchange (the “CSE”) under the trading symbol “CALI” at the opening of the market
tomorrow, December 29, 2017.
FinCanna is supporting the greater medical use of cannabis while benefitting from the growth in the
market by investing in top -tier licensed medical cannabis companies in California . In exchange for
financing, FinCanna will receive royalties from these licensed medical cannabis and related operations.
To date, FinCanna has completed approximately $14M CDN in financing to support its f lagship
investment in Cultivation Technologies (“CTI”). Based in Irvine, California, CTI is developing a very
significant, state -of-the-art medical cannabis project and has already secured permits to construct a
fully-entitled, 111,500 sf. permitted medica l cannabis facility on a six -acre property in Coachella,
Southern California.
Andriyko Herchak, CEO & Director , states, “Our public listing is a very significant milestone for FinCanna
and its shareholders. There is an enormous opportunity to leverage the evolving regulatory landscape in
the largest licensed medical cannabis market in North America, while supporting an industry that
requires our strategic capital for growth initiatives.
FinCanna is initially focused on California since it is the sixth largest economy in the world and the
largest medical cannabis market in North America. Analysts estimate the State’s legal cannabis industry
will grow at a 21.1% CAGR to $6.5 billion by 2020, and generate upwards of $1 billion in tax revenue.
New laws that come into effect in January 2018 are expected to significantly change existing supply and
demand dynamics.
About Cultivation Technologies
Cultivation Technologies, Inc. provides infrastructure, technology, and branding to the licensed medical
cannabis industry. The first major project for the company is in Coachella, California, which will span 6-
acres featuring cultivation centers, manufacturing facilities, a testing lab, a distribution hub, and a
centralized processing center. For more information, visit www.CultivationTech.com.
About FinCanna Capital Corp.
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FinCanna is a royalty company for the licensed medical cannabis industry, with a focus on California.
FinCanna, led by a team of finance and industry experts is building its portfolio of investments in
scalable, best -in-class projects. FinCanna’s flagship investment is with Cultivation Technologies Inc. to
provide funding for its fully -entitled, large-scale indoor medical cannabis facility to be developed in
Coachella, Southern California. This Coachella Campus will be a state -of-the-art facility that will include
cultivation, extraction, manufacturing, testing and distribution . For additional information visit
www.fincannacapital.com.
FinCanna Capital Corp.
Andriyko Herchak, CEO & Director
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
Forward-Looking Information
Information set forth in this news release may involve forward-looking statements under applicable
securities laws. Forward-looking statements are statements that relate to future, not past, events. In this
context, forward-looking statements often address expected future business and financial performance,
and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend",
statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or
other similar expressions. Forward-looking statements include, but are not limited to the growth in the
cannabis market, the size of revenue of the ca nnabis market, the construction of CTI’s medical cannabis
facility in Coachella, Southern California (“Coachella Campus”), the ability of FinCanna to raise financing
to invest in additional projects, FinCanna’s financial forecasts, plans for expansion of FinCanna’s business,
statements about potential market developments and trends and other statements that are not
historical facts. In addition, forward-looking statements relating to CTI’s business are based on
assumptions regarding the construction, completion and operations of CTI’s Coachella Campus, including
that CTI will obtain the financing required to build and equip its proposed facility, that CTI will obtain the
additional financing required to operate the facility, that construction is completed on time and budget,
while CTI is allowed to operate on an interim basis with its existing permits, that CTI obtains state
licenses to operate on a permanent basis and that the equipment used in the cultivation of medical
cannabis performs at scale in a similar way it performs at CTI’s pilot tests. By their nature, forward -
looking statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements, or other future events, to be materially different from
any future results, performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the risks identified in the CSE listing statement and
other reports and filings with the applicable Canadian securities regulators. Forward-looking statements
are made based on management's beliefs, estimates and opinions on the date that statements are made
and the respective companies undertakes no obligation to update forward-looking statements if the se
beliefs, estimates and opinions or other circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue certainty to forward-looking
statements. The Company assumes no responsibility to u pdate or revise forward-looking information to
reflect new events or circumstances unless required by applicable law.