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Tag Archives: Utopia Cannabis

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CannaRoyalty Provides Strategic Financing to Brand Partner Utopia Cannabis to Drive Revenue Growth

CannaRoyalty Provides Strategic Financing to Brand Partner Utopia Cannabis to Drive Revenue Growth
Sept. 13, 2018 /CNW/ - CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) ("CannaRoyalty") and its subsidiary RVR Distribution ("RVR") (together the "Companies") today announced that the Companies have agreed to provide strategic financing to support the expansion and growth of Utopia Cannabis ("Utopia"), an award-winning California-based cannabis brand focused on curating clean, best-in-class cannabis flowers, extracts and edibles. Under the Agreement, CannaRoyalty will advance USD$750,000 to finance a forward purchase of manufactured products, including Utopia-branded jarred extracts, vaporizer cartridges and edibles (the "Inventory").
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