It is rare for us to have Q&A’s with the same company just a few months apart let alone a case study on a company that is featured in the same issue. High Hampton is an exception to that tradition and I think these highlights speak volumes as to why.
- Financial reporting is current.
- Almost C$5M on hand at FYE.
- Low float with approximately 40M shares outstanding on a fully diluted basis (~29M actual outstanding).
- Daily volume from under 100K prior to our previous Q&A published in early December to now often over 1M.
- California is the largest legal market in the United States.
- HC appears well positioned to be a low cost producer of premium product.
- From our December Q&A, HC intends to become the global distributor of choice for a range of premium products.
- Headquarted in Canada and listed on the CSE – banking privileges domestically, tax write offs allowed, and listed on a national exchange.
- Strong and proven management team.
- Announced application for OTCQB Listing.
Their Investor Fact sheet is succinct and instantly communicates key metrics.
Communication is absolutely key to shareholders but not communication for the sake of communication. HC issues value address progress reports as well as opinions on how various policy shifts at the Federal level are expected to affect their operations (ie: not at all).
@Louis. Kyron
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Recent comments by Bruce Linton, the CEO of the world’s largest cannabis company, Canopy Growth, reinforced this concept. Linton was quoted as stating “low cost of production is a big deal, but it’s only an ingredient.” In this sense, it provides a strong indication of where the market is headed: refined products.
When you mix these two concepts together, what are you left with? Quadron Cannatech Corporation.
Quadron Cannatech Corp (CSE: QCC) is an organization which has taken these concepts to heart. It currently operates under three subsidiaries, all of which are dedicated to servicing one ancillary aspect of the current cannabis industry. Rather than focus on the gold, Quadron has instead chosen to focus on the pick, the shovel, and the smelter.
The first of these subsidiaries, is Soma Labs Scientific. The best way to describe Soma Labs is that it is focused on providing production related equipment to licensed growers. In particular, this consists of
equipment intended for the extraction of cannabis oil. The subsidiary offers two products to the market currently, ONA Odor Neutralizer and The Boss CO2 Extractor.
ONA Odor Neutralizer has two intended lines of sales, consisting of both business to business as well as business to consumer. For the latter, they offer an odor eliminator in a number of formats such as a mist, gel, spray and block. The intention is for the product to remove unwanted cannabis and other undesirable smells from an individual’s home, office, or gym bag. It works through the use of a specialized blend of 32 essential oils. For the former, it provides an integrated solution to remove odor from air leaving the building. By hooking directly in to the ductwork of a facility, it eliminates odors via a misting system that combats these undesirables. This in turn results in clean smelling air leaving a facility – improving community relations for the facility.