KELOWNA, BC, Nov. 5, 2018 /PRNewswire/ – Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) (FSE: 2M0) (“Liht”) or the “Company”) is a publicly traded company investing in the medical and recreational cannabis space. Rahim Mohamed, Chief Executive Officer, talked with Stock Day’s Everett Jolly.
At the beginning of the interview, Jolly mentioned that Liht Cannabis Corp. used to be known as Marapharm Ventures Inc. He then asked Mohamed, what Liht Cannabis Corp. has to offer that other companies in the market space do not.
“We positioned ourselves strategically in really high-volume locations,” explained Mohamed. “With Canada being legal federally and the state of Nevada being legalized. We have access to a large population base that is now allowed to consume marijuana on a medical and recreational base. We’ve also got properties and assets in Washington State and California that we are working to develop our joint venture on at this point to complement our already strategic assets.”
Mohamed went on to say that the company focuses primarily on organic cannabis. They use proprietary methods that are pesticide free and chemical free. He said their products will get top shelf pricing because they are organic.
“We also have proprietary technology that allows us to produce the best product and also allows larger yields. So, the higher yield combined with the cost, which will be a lot lower using our technology, will give us a competitive advantage moving forward in the market.”
Jolly then asked about Liht Cannabis Corp. investing in or acquiring start-up companies. Mohamed said they have what they want to focus on, as far as the near future. He said the company has two significant markets in Canada and Nevada. Jolly then turned the conversation to recent marijuana crops, from other growers, failing or not passing standards. He asked Mohamed