ORGH - CannabisNewsBreaks - OrgHarvest Inc. (ORGH) Receives Regulation A Approval from the SEC
OrgHarvest (OTC: ORGH) recently reported that it has become the first cannabis cultivation company to receive Regulation A approval for offerings of up to $20 million from the Securities and Exchange Commission (“SEC”). In its self-registration, OrgHarvest is offering one share of common stock at a price of 25 cents each with one bonus share of restricted stock. Using a high-tech, 100,000-square-foot glass greenhouse imported from the Netherlands, the company aims to launch cannabis cultivation and production operations in Las Vegas, Nevada. The greenhouse has the capacity to produce 450 pounds of cannabis flower per week, empowering OrgHarvest to potentially gross more than $60 million after its second year of operation. The company is currently focused on acquisitions and joint ventures involving cannabis production, distribution, dispensaries, and the manufacture of cannabis edibles, beverages and pharmaceuticals.
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About OrgHarvest
OrgHarvest offers an exceptional opportunity for investors interested in a unique combination of technology and an innovative business model targeting the recreational and medicinal cannabis market legal in Las Vegas, Nevada. The timing of the market and the strong demand provides a winning combination for success. For more information, visit the company’s website at www.OrgHarvest.us.
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