- Canada’s “green rush” cannabis market challenges have revealed the importance of securing product pipeline
- Icon Exploration’s pending reverse takeover of LP applicant City View Green positions it to acquire 40,000-square-foot cultivation facility
- City View Green also holds option on additional 125,000 square feet of farm and extraction space for its planned edibles, distillates and water-soluble brands
As investors and consumers alike assess the gains and losses evident during the “green rush” of 2018, when companies such as Icon Exploration Inc. (TSX.V: IEX.H) launched aggressive efforts to capitalize on changing laws and attitudes regarding cannabis, their attention is turning toward companies that can deliver revenues by ensuring a steady product pipeline (http://nnw.fm/f4YlB). Icon Exploration’s efforts to create a well-diversified company focused on becoming a leading purveyor of medicinal and recreational cannabis is evidence that the company’s industry-experienced team is preparing to meet that demand.
Icon Exploration is building its portfolio with a reverse takeover of private company City View Green, an applicant for Canada’s licensed producer designation that expects to…
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