- The Hash Corporation (REZN) has completed its first craft batches of bubble hash and rosin in collaboration with Black Rose Organics Canada
- Once the license is amended, Black Rose and HashCo will be able to sell the cannabis-based hash products
- HashCo’s other collaborator, Medz Cannabis, also recently received its sales license amendment from Health Canada, allowing Medz to launch two new SKUs in Ontario
- The Hash Corporation is a Canadian company positioning itself to focus on the production and sale of cannabis-based hashish and other cannabis products
- The Hash Corporation (REZN) is in the grey, trading at $0.025 per share
The Hash Corporation (REZN) has completed its first craft batches of bubble hash and rosin in collaboration with Black Rose Organics Canada.
Black Rose is a Toronto-based, privately-owned company that cultivates, processes, and sells medical cannabis.
The two companies have submitted the materials required to amend Black Rose’s Health Canada license to sell cannabis extracts. Once the license is amended, Black Rose and HashCo will be able to sell the cannabis-based hash products.
The products, produced at Black Rose’s facility in Markham, Ontario, will be available to buyers across the province and to Black Rose’s registered medical cannabis patients.
Chris Savoie, CEO and Director of HashCo, commented,
“Completing our first batch of rosin with Black Rose is an exciting development for HashCo.”
“Advancing the company to the point of bringing our craft-style hash products to market in Ontario is invigorating and we look forward to launching many more products into the Canadian marketplace as soon as we can,” he added.
HashCo’s other collaborator, Medz Cannabis, also recently received its sales license amendment from Health Canada, allowing Medz to launch two new SKUs in Ontario.
HashCo and Medz are optimistic that the growing demand for craft-style hash products will result in an increased number of SKUs being listed with the Ontario and additional provinces over time.
“HashCo has started generating revenue and we expect that to increase in a meaningful way over the remainder of the 2021 fiscal year as our products begin to be distributed more broadly,” said Mr. Savoie.
The Hash Corporation is a Canadian company positioning itself to focus on the production and sale of cannabis-based hashish and other cannabis products.
The Hash Corporation (REZN) is in the grey, trading at $0.025 per share as of 11:09 am ET.
