Canadian Cannabis Stock News: Harvest One Cannabis (TSX VENTURE: $HVST) Announces New Agreements With PanCann Streaming Corp to Advance the Construction of Their Lucky Lake Facility and a New Additional Facility
TORONTO, ONTARIO - May 1, 2017 (Investorideas.com Newswire) Harvest One Cannabis Inc. (TSX VENTURE:HVST) ("H1", "Harvest One" or the "Company") through its wholly owned subsidiaries United Greeneries Ltd. ("UG") and United Greeneries Saskatchewan Ltd. ("UGS") is pleased to announce that it has entered into two separate interim agreements with PanCann Streaming Corp. ("PanCann") to finance the construction of both the Lucky Lake facility and a new additional facility to be identified, in consideration for an equity participation in the applicable entity and a production yield allocation from both facilities. These agreements, if funded, would allow UG to substantially increase its production capacity of medical and recreational cannabis (as applicable) without any capital outlay or further dilution to H1's shareholders.
Read the full news at http://www.investorideas.com/news/2017/marijuana/05011HVST.asp
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