iAnthus Capital Subsidiary Breaks Ground on New York Cannabis Facility
iAnthus Capital Holdings Inc. (OTCQB: ITHUF) announced on July 24th that the company’s subsidiary, Citiva Medical, LLC (Citiva), has officially broke ground on their new medicinal cannabis facility. The Citiva facility that will cultivate and process medicinal cannabis is one of ten licensed facilities in the state of New York.
Citiva’s new facility in New York is starting with 39,500 sq. ft. of space for processing and cultivation of cannabis. The first phase of construction is estimated to be completed sometime in the first half of 2019. With continued construction the facility will reach up to 125,000 sq. ft. of space.
Only the cutting-edge of technology is being used within Citiva’s new facility. The company’s facility will use state-of-the-art cultivation practices to continually cultivate cannabis. The estimated yearly yield of cannabis from this facility is 2,400kg.
iAnthus Capital Subsidiary Breaks Ground on New York Cannabis Facility
Cannin Investment Group: Your Hemp Stocks Experts
Cannin.com is your trusted resource for hemp stocks. Our team of financial experts evaluates all emerging hemp stock investing opportunities. We aggregate hundreds of hours of market research to provide tips on the best hemp stocks for 2020.
Use Cannin as your resource for:
- Cannabis and hemp stocks & investing news
- Featured cannabis & hemp stocks analysis
- Comprehensive cannabis and hemp stock reports
Is it too late to invest in hemp stocks? No! This is the perfect time to invest.
Wall Street analysts expect the global cannabis industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in hemp stocks is now.
Are you interested in hemp stocks like GW Pharmaceuticals, Charlotte’s Web, Canopy Growth, or Hemp Inc.?
Are you looking to buy stock in hemp companies or marijuana companies in 2020? Interested in emerging penny hemp stocks? Interested in leveraging the power of algorithmic stock trades to profit from hemp stocks? Looking for the best Canadian cannabis stocks to invest in? We can help.
Predict price movements of hemp stocks several hours in advance with our proprietary algorithmic stock trading software.
- +25% Gains in 2020
- +49.8% Gains in 2019
- Backtested since 2012
At Cannin, we’re so confident you’ll love our algotrading hemp stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.
Profit from the best hemp stocks – we’ll show you how at cannin.com.
Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Best Hemp Stocks to Invest In