The Company Stands to Earn a Royalty from Maratek’s Potential Commercialization of the Unique Bubble Hash System

The Hash Corporation (CSE: REZN) (“HashCo” or the “Company”), a business focusing on the production of hashish and other premium cannabis products using the adaption of old-world traditions, is pleased to announce that it has installed and begun operating a unique, custom-designed system for making isolated bubble hash (the “Custom Bubble Hash System“) that was developed in collaboration with Maratek Environmental Inc. (“Maratek“).

Based in Bolton, Ontario, Maratek is a market leader in professionally engineered solvent recycling and cannabis and hemp extraction technologies. Subject to the terms of the General Service Agreement (the “Agreement“) between HashCo and Maratek, the Company is entitled to earn a 1.5% royalty on revenues generated by Maratek from the sale of the Custom Bubble Hash System over a five-year period from the date of the Agreement.


HashCo has a vision of being the brand most preferred by hash consumers in Canada, and the partner-of-choice for licenced producers, as the legal market for this classic category of cannabis concentrate products continues to grow. The Custom Bubble Hash System was recently delivered to HashCo within the facility of its previously announced collaborator, Medz Cannabis Incorporated, which is strategically located near the Toronto Pearson International Airport.

It was designed not only to enable the Company to produce a wide range of bubble hash products of high quality, but also at a level of scale that is expected to lower per-unit costs and increase gross margins. With the Bubble Hash System now in place, the Company can advance the development of new HashCo-branded SKUs and while-label products for the Canadian adult use recreational cannabis market.

Management Commentary

“The design, and installation of the Custom Bubble Hash System is a significant milestone for our Company as it provides a competitive advantage for HashCo that is not possessed by anyone else in our industry. HashCo is now strongly positioned to execute on its goal of safely delivering authentic hashish experiences crafted to modern standards and regulations,” said Chris Savoie, the Chief Executive Officer and Director of HashCo.

“I would like to thank Maratek for collaborating with us on the design and fabrication of the Custom Bubble Hash System and I appreciate their professional and innovative approach along the way. I am optimistic that our unique Custom Bubble Hash System will attract interest from other companies in the rapidly growing global cannabis industry and that HashCo will be able to earn royalties from Maratek’s facilitation of those expected inquiries,” added Mr. Savoie.

“Maratek develops solutions for the Cananbis & Hemp market by working together with our clients to develop the ideal solutions to their problems. HashCo was the ideal partner for Maratek here, with their depth of knowledge around cannabis and hash products, as well as their team’s desire to work with us to develop their ideal Bubble Hash Solution,” said Kyle Georges, Vice President, Sales & Business Development, of Maratek.

About The Hash Corporation

The Hash Corporation (“HashCo“) is a Canadian company positioning itself to focus on the production and sale of cannabis-based hashish and other cannabis products. HashCo intends to apply its separation and curing techniques to produce a suite of high-quality cannabis resin products, which are all-natural and free of additives and carcinogenic solvents. The Company intends to tailor its product offerings to pay tribute to historic traditions, fragrances and tastes, while upholding the highest health and safety standards.

As of the date of this press release, HashCo is actively seeking and developing partnerships and collaborations with licensed cultivators and other strategic partners within Canada, with the goal of crafting and introducing to the regulated market authentic products which reflect quality and innovation.

About Maratek

Maratek is a Canadian based, award-winning, industry leader which has proudly served industrial manufacturers globally since 1967. We have incorporated this experience into our expansion in to the cannabis & hemp industry to provide safe, automated and efficient solutions to our customers. For any inquiries regarding the new Maratek Trident Series Bubble Hash Solution, please reach out to sales@maratek.com.

For additional information on the Company:

Chris Savoie
Chief Executive Officer and Director
Tel: 1-833-420-7396
Email: chris@hashco.ca

Forward-Looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Source

Click here to connect with The Hash Corporation (CSE: REZN) for an Investor Presentation.

 

US cannabis received a boost this week with a policy move that may hint at future changes.

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Cannabis legalization in Canada helped kickstart a financial revolution in the stock market with the launch of a diverse portfolio of marijuana firms.

With the boom of public cannabis businesses in full swing, are you thinking about investing in cannabis companies? If so, consider starting your journey here.

A wide spectrum of marijuana stocks have made their mark in the global industry thanks to the amount of money raised from investors and the attention the sector is getting from established industries.

 

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What’s to come is anyone’s guess, but it seems this new and burgeoning industry is still in its early days, with diverse nations beginning to move forward with plans for legalizing marijuana.

That means there’s likely still money to be made in cannabis stocks as the market builds and cannabis products expand in availability over the next few years.

There are many differing opinions about how much the global legal cannabis market will be worth in the years to come, with estimates including US$70.6 billion by 2028 and US$91.5 billion by that same year.

But one thing is almost certain: The market is set to grow as opinions surrounding the plant evolve over time and as platforms crop up to supply different consumption preferences. And all of that will mean more cannabis investment opportunities with both existing companies and future entries to the market.

For now, let’s take a look at where you can invest your money at this point in time.

How to invest in cannabis: Canadian cannabis stocks

First thing’s first: Canada. This is the obvious place to start as marijuana is legal at the federal level and Canadian cannabis stocks are less likely than their US counterparts to suffer from political volatility.

That said, due to the uncertainty of investing in the US marijuana space, where the drug is not legal at the federal level, Canadian firms have been forced to make choices about how they operate. For example, Canada’s senior exchanges do not allow companies with American cannabis assets to list.

While the Canadian cannabis space continues to face challenges, investors are eagerly watching as companies move into the edibles and beverages markets and develop new products.

For lists of Canadian marijuana stocks to consider, click here.

 

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How to invest in cannabis: US cannabis stocks

Although some US states have legalized cannabis, American cannabis stocks may be riskier than those in Canada due to federal restrictions on the sale and cultivation of cannabis.

However, as the saying goes, the greater the risk, the greater the possible reward. The US market could grow up to US$43 billion by 2025, and that’s not even including the size of the market if nationwide legalization happens. It’s easy to see that US cannabis stocks could inherit a huge chunk of the pie if federal law finally legalizes the commodity.

All in all, picking the right US cannabis stocks could mean massive gains if the plant is ultimately legalized federally. It’s worthwhile for investors to do their research and to be aware of the risks and potential benefits involved in investing in the space.

For a list of US cannabis stocks to consider, click here.

How to invest in cannabis: A side note

Many companies in the cannabis space have begun to veer in one direction or another.

For example, some of the largest marijuana producers have moved towards deals with beverage or pharmaceutical companies for the production of novel new products. Others in the space continue to pursue innovation in the recreational market.

The beverage side in particular has seen interest from companies, with cannabis firms partnering with brew businesses. One example is Canopy Growth (NYSE:CGC,TSX:WEED), which has teamed up with Constellation Brands (NYSE:STZ), a leading producer in the alcoholic beverage industry.

It’s important to be aware that each niche has its own possibilities and challenges. For instance, while many market participants are convinced of the promise in beverages, these drinks have been hampered by strict marketing rules, among other factors.

Another aspect to consider is whether to pursue big caps or small caps. That has a lot to do with personal comfort. While big caps are often regarded as more stable than small caps, in the cannabis industry there’s been considerable volatility.

 

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How to invest in cannabis: Cannabis ETFs

If you really know your cannabis companies, then you could enjoy larger gains by simply investing in those specific firms. However, if you aren’t overly familiar with the cannabis space or you are new to it, it could be a good idea to check out the cannabis exchange-traded funds (ETFs) available.

A cannabis ETF gives you exposure to several different cannabis stocks and takes the guesswork out of cherry picking which stock to bet on. One issue with ETFs is that like any other group dynamic, if one stock drops off it brings the whole fund down proportionally with it. Of course, the opposite is also true.

Recently investors have seen the addition of new ETFs offering exposure to the US market, including firms with entries into the hemp space, thanks to the sales of CBD products.

For a list of cannabis ETFs to consider, click here.

How to invest in cannabis: Final thoughts

No matter which way you slice it — or grind it, in this case — the cannabis market is an exciting business to invest in right now. Whether you invest in cannabis ETFs or Canadian or US marijuana stocks, or if you’re still waiting on the sidelines for more maturity from the types of cannabis companies trading, this industry is one to watch, and one that looks like it’ll keep climbing in the future.

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