Cannex Capital Group (CNSX:CNNX) CEO Provides Update on Jetty Extracts Deal

934 views · Published 12 September 2018 · 8:39 · Indexed 30 October 2026

Channel: Midas Letter · 2018 · News & Politics

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Cannex Capital Group (CNSX:CNNX)(COTCMKTS:CNXXF) CEO Anthony Dutton shares news of the company’s strong financials based on revenue generated from its holding company, Northwest Cannabis Solutions. Dutton explains that the company’s deal to purchase Jetty Extracts is still on track and that Cannex hopes to close on that acquisition by the end of September. Dutton believes that successful US operations require a multi-state platform and the Jetty deal gives Cannex a presence in California in addition to its existing Washington State holdings. Cannex is adjusting to the evolving cannabis market, increasing its extraction and production of derivative products such as edibles, to anticipate where demand in the cannabis space is moving. Dutton believes investment in the US cannabis market is becoming less risky with legalization happening at the state level.

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