Smart Cannabis Corp. Shares Progress Report on Sales and Innovations Driving Notable 2018 Growth
16 October 2018 - 11:30PM
InvestorsHub NewsWire
Smart Cannabis Corp.
Shares Progress Report on Sales and Innovations Driving Notable
2018 Growth
Sacramento, CA
-- October 16, 2018 -- InvestorsHub NewsWire -- Smart Cannabis
Corp. (OTC:
SCNA) has shared the prominent outcomes and status updates for
several projects that are driving up 2018 revenues. This is an
effort to keep shareholders up-to-speed with recent progress
achieved since May 2018.
- The company has released two new products
and services, the Geo-Thermal Air Recirculation System which can
accommodate both new greenhouses and retrofitted greenhouses, as
well as the new Multi Spectrum, Grow Light Fixtures.
- Over 800 units of the Multi Spectrum Grow
Light Fixtures have been sold.
- Two new greenhouse models have been
developed to optimize grow space.
- New subsidiary, Sap Investments, was
launched to leverage the company’s full spectrum cannabis
cultivation expertise.
- Current installations continue to grow in
scope. At present, contracts exceed $2,400,000 in
revenue.
- 126,340 sq.ft. of greenhouse space is
currently being installed at permitted Northern California sites.
These projects will complete between year-end and in the first
quarter of 2019.
The company
will continue to share updates with the public as they are
available.
Information on
the new Multi Spectrum Grow Light can be found at https://smartcannabis.com/greenhouse-models/multi-spectrum-grow-light/
Information on
the Geo-Thermal Air Recirculation System can be found
at https://smartcannabis.com/greenhouse-models/smart-filtered-air-recirculation/
Smart Cannabis
(OTC PINK: SCNA) is a public equity corporation advancing the
agriculture and cannabis industries and growing through
acquisition, strategic alliances, and proprietary intellectual
property. The company’s wholly owned subsidiary, Next Generation
Farming Inc., provides turnkey, automated, commercial greenhouses
systems that efficiently improve yields and decrease water
consumption for cultivators of organic food and cannabis crops. The
company websites are http://smartcannabis.com https://sapinvestments.com
https://smartcannabis.com/nextgenfarming
Disclaimer:
The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995
for all public news releases. The company may make forward-looking
public statements concerning its expected future operations,
performance and other developments. Such forward-looking statements
are estimates that reflect the company’s best judgment based upon
current information. All investments involve risks and
uncertainties, and there can be no assurance that other factors
will not affect the accuracy of such forward-looking statements. It
is impossible to identify all such factors. Factors which could
cause actual results to differ materially from those estimated by
the company include, but are not limited to, government regulation;
managing and maintaining growth; the effect of adverse publicity;
litigation; competition; and other factors which may be identified
from time to time in the company’s public
announcements.
Contact:
Smart Cannabis
Corp.
John Taylor,
President
info@smartcannabis.com
(424)
732-7646
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