High Hamp­ton’s 420 re­ceives six Cal­i­for­nia pot li­cences

Stockwatch Daily - - CONSUMER GOODS - Mr. Gary Latham re­ports

HIGH HAMP­TON Hold­ings Corp.’s wholly owned sub­sidiary, 420 Re­alty LLC, has re­ceived six Cal­i­for­nia State cannabis li­cences to op­er­ate at its fa­cil­ity lo­cated in the city of Cu­dahy.

On Dec. 9, 2018, the City of Cu­dahy of­fi­cially ex­e­cuted the devel­op­ment agree­ment (DA) with 420 Re­alty which granted full lo­cal au­thor­ity to de­velop the prop­erty and con­duct cannabis busi­ness op­er­a­tions un­der the con­di­tions set forth in the devel­op­ment agree­ment. Shortly there­after, 420 Re­alty sub­mit­ted six ap­pli­ca­tions to the state for tem­po­rary licensing. All six ap­pli­ca­tions were ap­proved by the state for op­er­a­tions in the fol­low­ing cat­e­gories:

• Nurs­ery;

• Cul­ti­va­tion pro­cess­ing;

• Cul­ti­va­tion;

• Non-store­front re­tail;

• Type 7 man­u­fac­tur­ing;

• Dis­tri­bu­tion.

“With the devel­op­ment agree­ment and tem­po­rary li­cences in hand, we can be­gin devel­op­ment of the fa­cil­ity in Cu­dahy, which is a cen­tral part of High Hamp­ton’s strat­egy to serve the lu­cra­tive South­ern Cal­i­for­nia mar­ket,” said High Hamp­ton chief ex­ec­u­tive of­fi­cer Gary Latham. “De­mo­li­tion work is set to com­mence shortly, fol­lowed by the fa­cil­ity im­prove­ments that will pro­vide a first-class home to the grow­ing port­fo­lio of our op­er­a­tions, from man­u­fac­tur­ing to in­fu­sions/ed­i­bles to dis­tri­bu­tion. We look for­ward to work­ing with the state to tran­si­tion these tem­po­rary li­cences to an­nual li­cences, a process that has al­ready be­gun. In the mean­time, our tem­po­rary li­cences al­low us to con­duct busi­ness with other li­censed op­er­a­tors for the next 180 days.” The Cu­dahy fa­cil­ity rep­re­sents a strate­gic lo­ca­tion for High Hamp­ton to take its brands into the South­ern Cal­i­for­nia mar­ket, in­clud­ing Caligold and Mo­jave Jane. Bravo Distro will also op­er­ate out of the Cu­dahy fa­cil­ity, pro­vid­ing dis­tri­bu­tion ser­vices for High Hamp­ton’s brands and other high-qual­ity prod­ucts.

About High Hamp­ton Hold­ings Corp.

High Hamp­ton Hold­ings is a cannabis sec­tor in­vest­ment com­pany fo­cused on op­por­tu­ni­ties in Cal­i­for­nia striv­ing to be­come the largest con­sol­ida­tor in the medic­i­nal cannabis sec­tor. The com­pany has as­sem­bled a stel­lar team with cannabis, cap­i­tal mar­kets, com­pli­ance, po­lit­i­cal, licensing, and brands and prod­ucts sup­ply chain ex­pe­ri­ence, and ag­gres­sively de­vel­ops its wholly owned sub­sidiaries to­ward sus­tain­able growth and ac­tive op­er­a­tions:

• Coachel­laGro Corp., a Cal­i­for­nia cor­po­ra­tion fo­cused on the devel­op­ment of a 254,000-square-foot green­house fa­cil­ity sit­u­ated in the cannabis in­dus­trial park lo­cated in Coachella, Calif., with a valid con­di­tional use per­mit (CUP) for the devel­op­ment of a full-ser­vice pro­duc­tion fa­cil­ity in or­der to serve third party state li­censed medic­i­nal mar­i­juana op­er­a­tors;

• 420 Re­alty LLC has ap­plied for mul­ti­ple per­mits to ver­ti­cally in­te­grate in the city of Cu­dahy, Calif. (greater Los An­ge­les area), for a devel­op­ment agree­ment (DA) in­clud­ing cannabis cul­ti­va­tion, nurs­ery, man­u­fac­tur­ing, de­liv­ery and dis­tri­bu­tion li­cences on a sin­gle par­cel lo­ca­tion;

• 8 Points Man­age­ment LLC serves the cannabis in­dus­try with sales, mar­ket­ing, trans­porta­tion and sup­ply chain man­age­ment ser­vices through its sub­sidiary Bravo Distro LLC;

• Caligold is serv­ing the ed­i­bles mar­ket by craft­ing Amer­ica’s finest qual­ity medic­i­nal-grade cannabis ed­i­ble prod­ucts com­bin­ing art and sci­ence to de­liver in­no­va­tive cre­ations and ad­here to im­por­tant in­dus­try stan­dards in con­sis­tency, dos­ing ac­cu­racy, and com­pound for­mu­la­tion;

• Mo­jave Jane LLC is a Cal­i­for­nia li­censed man­u­fac­turer of premium cannabis ex­tracts and con­cen­trates for the Cal­i­for­nia mar­kets.

We seek Safe Har­bor.

Robert Rid­out Allen, Wil­liam Camp­bell Birge, Daniel Petrov, Richard Polanco, Chris­tian Scovenna

(HC) Shares: 94,913,964

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