Milestones for the cannabis company included its announcement that it had secured 7 megawatts of power for its CoachellaGro facility
High Hampton Holdings Corp () (OTCMKTS:HHPHF) climbed Wednesday after saying in its quarterly financial statement that liquidity remains strong with more than C$9 million in cash as of November 30.
The cannabis company said in a statement that milestones for the first quarter included its announcement in October that it had secured 7 megawatts of power for its CoachellaGro facility in California.
Shares rose C$0.01, or 1.9%, to C$0.27 in Wednesday’s Canadian trading.
READ: High Hampton's 420 Realty wins six California cannabis licenses
In November, Toronto-based High Hampton completed the acquisition of Mojave Jane, a California-licensed manufacturer of cannabis extracts and concentrates.
"The past quarter saw us heavily engaged in making the acquisitions of 2018 operational,” CEO Gary Latham said in a statement.
The company announced his appointment in November.
Earlier this month, the company announced that its 420 Realty LLC subsidiary had won six cannabis licenses from the state of California to operate at its facility in Cudahy, California.
Contact Dennis Fitzgerald at [email protected]
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