Mountain High Acquisitions Corp. Subsidiary Launches into Production of Medical Grade Hand Sanitizer, Exceeds 2019 Annual Revenues
MOUNTAIN HIGH ACQUISITIONS CORP. (OTCQB: MYHI), announces today that its wholly-owned subsidiary GPS Associates, Inc. (GPS) has expanded its operations to include the production of an alcohol-based medical grade hand sanitizer at its cGMP, FDA-registered facility in Santa Ana, Calif. The company's two state of the art bottling lines are now installed and ramping up into production—anticipating the capacity to produce approximately 2 million bottles of hand sanitizer per month.
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Mountain High Acquisitions Corp. Completes Acquisition of Versatile, Rapidly Expanding California-based CBD company
MOUNTAIN HIGH ACQUISITIONS CORP. (OTCQB: MYHI), announces it has completed the acquisition of GPS Associates, Inc. (GPS), a California-based company engaged in the formulation, manufacture and distribution of hemp-derived CBD products at its cGMP, FDA-registered facility in Santa Ana. The company's world-class team of professionals includes chemists, herbalists, and botanists committed to combining high-quality organic CBD with synergistic organic, raw herbs to produce pure, premium consumer products. In fact, all of the products manufactured at GPS are tested at independent, third-party labs to prove potency and purity.
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Mountain High Acquisitions Corp. Pivots its Focus to Hemp Industry, Signs Binding Letter of Intent with California-based CBD company
MOUNTAIN HIGH ACQUISITIONS CORP. (OTCQB: MYHI), announces it has signed a binding letter of intent to acquire GPS Associates, LLC a California based company engaged in the formulation, manufacture and sale of CBD products under the retail brand name "Zen Drops" and to its white label customers. Closing of the acquisition is subject to due diligence, MYHI Board approval, and completion of definitive agreements—all of which are expected to occur within the next 45 days.
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One Lab Co. Delivers Modular Extraction Lab and Secures a Five-Year Lease Agreement with Workforce Labor Solutions, serving the Washington Cannabis Industry
DENVER, Nov. 29, 2018 /PRNewswire/ -- MOUNTAIN HIGH ACQUISITIONS CORP. (MYHI), announces that its wholly owned subsidiary One Lab Co., a Nevada-based company that provides extraction equipment to the cannabis industry, has completed delivery of a state-of-the-art modular extraction lab to Workforce Labor Solutions, LLC ("WLS"). WLS provides turnkey labor and extraction services to licensed cannabis producers in Washington state. According to the terms of the five-year lease with One Lab Co., WLS will make payments of $25,000 per month for use of the lab. As a result of this lease agreement, WLS gains access to the extraction equipment required to serve the needs of its clients, while eliminating the burden of sourcing and building a lab.
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Mountain High Acquisitions Corp. Acquires Extraction Equipment Provider One Lab Co. with Five-Year Lease Agreement for Modular Extraction Lab to serve the Washington Cannabis Industry
DENVER, Aug. 21, 2018 /PRNewswire/ -- MOUNTAIN HIGH ACQUISITIONS CORP. (MYHI), announces it has closed on the acquisition of One Lab Co., a Nevada-based company that provides extraction equipment to the cannabis industry. The acquisition brings with it a five-year lease of its modular extraction lab to Workforce Labor Solutions, LLC, which provides turnkey labor and extraction services to licensed cannabis producers in Washington state. "The abundance of cannabis currently being cultivated by licensed growers has created increased demand for access to extraction facilities," said MYHI CEO Alan Smith. "We're meeting this growing need in the cannabis space, which stems from an increasing number of consumers interested in cannabis, but who don't want to smoke it. As a result, demand for edibles and other end products is growing—but to make these products, cannabis product makers require a variety of quality cannabis extractions.
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