FINCANNA CAPITAL CORP - FNNZF STOCK NEWS

FinCanna Capital Corp. (OTCQB:FNNZF) announced that its investee company, QVI, Inc., achieved significant recognition at the WEEDCon 2021 awards. Four of QVI's client brands were awarded in various categories, showcasing the company’s excellent production capabilities and its state-of-the-art facility, The Galley. This facility is positioned for substantial growth in California’s booming cannabis market, with projections indicating a potential market size of over $41 billion by 2025. QVI aims to become the leading cannabis manufacturer in California and further expand its operations nationally and globally.

FinCanna Capital Corp (OTCQB:FNNZF) has announced that its ezGreen Point of Sale (POS) software has been officially approved by the City of Adelanto, California, as the vendor for cannabis events. This endorsement underscores the software's efficiency in real-time tax reporting and compliance for dispensaries. The ezGreen POS system aids in inventory tracking and tax collection, positioning the company to capitalize on the growing legal cannabis market. FinCanna aims to enhance shareholder returns through its diversified royalty model.

FinCanna Capital Corp. (OTCQB:FNNZF) reports strong demand for its investee company QVI, Inc., a cannabis product manufacturer known as The Galley. CEO Andriyko Herchak highlights QVI's growth, with over 35 brands and increasing re-orders, contributing to recurring revenues. The operational facility has a capacity of ~$45 million per year. The legal U.S. cannabis market is expected to exceed $41 billion by 2025, with California holding 20% market share. QVI aims to become California's premier contract cannabis manufacturer and expand nationally.

FinCanna Capital Corp. (CSE:CALI)(OTCQB:FNNZF) announced that its investee QVI, Inc., known as The Galley, has commenced production for Koala Edibles, a leading cannabis-infused product manufacturer. Koala Edibles, based in Colorado, has established a strong reputation in the industry with multiple accolades for their chocolate products. QVI's state-of-the-art facility in California positions it as a premier co-manufacturer, expected to meet growing demand as the legal U.S. cannabis market is projected to surpass $41 billion by 2025.

FinCanna Capital Corp. (OTCQB:FNNZF) announces its portfolio company, QVI Inc., has launched Trident Distribution, a full-service cannabis distribution company in California under a Type 11 license. Targeting the San Francisco Bay Area initially, Trident aims to enhance cannabis brands' market access and sell-through at dispensaries, creating new revenue streams for QVI. With over 35 brands in its lineup, Trident's operations are expected to drive efficiencies in manufacturing and promote faster production orders, capitalizing on the projected US$41 billion cannabis market by 2025.

FinCanna Capital Corp. (CSE:CALI, OTCQB:FNNZF) announces its investee company, QVI, Inc., has commenced production of Resonate Blends KOAN Cordials in California. This manufacturing partnership highlights QVI's capability to scale production and meet increasing demand for cannabis products. With a goal to become California's top cannabis manufacturer, QVI's facility can achieve a production capacity of approximately US$45 million annually. The legal US cannabis market is projected to exceed US$41 billion by 2025, with California accounting for US$8.2 billion.

FinCanna Capital Corp. announces significant growth for its portfolio company, QVI, Inc., which is securing contracts with leading cannabis brands, including Laurie + MaryJane and Green Bee Botanicals. QVI's state-of-the-art facility in Santa Rosa, CA, operational since July 2020, boasts an annual capacity of approximately US$45 million. The company is experiencing a surge in monthly re-orders, enhancing its recurring revenue base. The U.S. cannabis market is projected to exceed US$41 billion by 2025, with California representing about 20% of that market.

FinCanna Capital Corp. has announced a corporate update on its operations in the licensed U.S. cannabis market, following a successful financing round of $2 million. The company, a royalty-focused firm, aims to generate ongoing high-margin revenues from its investments in early-stage cannabis businesses. With annual legal cannabis sales projected to surpass $41 billion by 2025, FinCanna is well-positioned to benefit from market growth. The CEO expressed optimism about the U.S. cannabis sector, highlighting a favorable political climate after the recent elections.

FinCanna Capital Corp. has increased its non-brokered private placement financing from $1.5 million to $2 million due to higher demand. The offering will consist of up to 16,000,000 Units priced at C$0.125 each, including common shares and purchase warrants. Each full warrant allows the acquisition of one common share at C$0.18 for two years. The funds will be utilized for royalty investments and general corporate purposes, pending regulatory approvals. FinCanna operates in the U.S. cannabis sector, generating revenue through royalties from investee companies.