NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1.25M Capital Tranche to Refined Resin Technologies
FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced the initial tranche of capital totaling $1.25 million to its investee company, Refined Resin Technologies Inc. As key milestones are realized over the next few months, the company will continue advancing a series of tranches of capital to Refined Resin in accordance with the terms of the previously announced royalty agreement between the companies. The capital paid to Refined Resin will be used toward implementing its three-phase development strategy comprised of a facility design phase, build-out…