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Cannabis Kinetics Looks to Manage Marijuana Businesses

Ryan Allway

September 19th, 2014

News, Top Story

[stockchart symbol=CANK]

Cannabis Kinetics Inc. [stockquote symbol=CANK], a new entrant into the burgeoning recreational and medical marijuana industry, recently outlined its mission statement and operational plans. In a September 18th press release, the company said that it aims to become recognized as one of the nation’s premier marijuana management companies with a start in Colorado’s market.

“At Cannabis Kinetic Corp., it is our mission to become recognized as one of the nation’s premier, fully integrated cannabis management companies, consistently delivering trusted high-value products and services to the companies and communities we serve,” said President & CEO Eric Hagen, who subsequently elaborated on the company’s plans and expertise within the space.

Cannabis Kinetics will initial target opportunities in Colorado’s recreational and medical marijuana marketplace with a focus on the management of dispensaries, cultivation facilities, and businesses manufacturing ancillary products. In addition, the company will provide management of retail and wholesale operations for grow stores, and intends to participate in other areas of the industry, like real estate.

Management outlined four divisions for the company, including HBH Industries (management company), Monarch America (safety, QA, and brand awareness), REM International (international sourcing and product development), and REM Beverages (developing a proprietary line of marijuana-infused beverage products), which will operate together to form the public entity as a whole.

“In order to carry out our vision and foster the mission of our growing company, we must excel in manufacturing, sale, and distribution of our products, continually evaluate, develop, and apply innovative products and grow technologies, attract the best qualified staff and retain them, and deliver the best possible customer experience,” added Mr. Hagen in the aforementioned press release.

Shares of Cannabis Kinetics Corp. were trading even on Friday, September 19, 2014 following the news release.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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