CannaRoyalty Focus on Cannabis Brands in California
Afzal Hasan, President of CannaRoyalty speaks about the company’s focus on cannabis distribution.
“Stay tuned and take a look at CannaRoyalty for what we are doing down in California because I think it will be a good analog for what you can expect to see in Canada in three, four or five years into the future.
At the moment we’re a large distributor of cannabis products in California. Our long-term aim is to become a house of brands, being a distributor is step one in that process.
Focus of CannaRoyalty Company
Our focus is on distribution, it’s actually one of the least glamorous parts of this industry and that’s really why we’ve chosen to focus on it.
Because it’s actually somewhere where we feel we can do a lot of benefit for our other brands and our core focus is really to work with others and so rather than building up our own greenhouses or infrastructure that we’re looking to use exclusively, we’re looking to build up infrastructure that’s meant to be used by everybody else.
And so, that’s a pretty different path than most companies that are out there. We’re aiming to provide an all-in-one solution for most brands that are there.
The biggest problem that brands in California face right now is distribution and so that’s where our focus is but we provide a lot of other services in addition to that. So, we do contract manufacturing as well as support services for different brands we work with.
We are carrying 50-plus brands in the state of California so we really do believe that we have a little bit of something for everybody. Be it an adult use consumer or a medical consumer, be it a retail or be it somebody else in the industry.
We’re really excited because we see ourselves at the very beginning of a very massive growth curve and are already having a lot of success and fun doing both of it.” – Afzal Hasan, President of CannaRoyalty
About CannaRoyalty’s Management Team
CannaRoyalty’s management team combines a hands-on understanding of the cannabis industry with seasoned expertise in achieving business development objectives and growth.
We are uniquely positioned to contribute strategic capital and functional know-how aimed at driving commercialization and maximizing the return potential of our diversified platform of assets and holdings.
HOW WE MAKE OUR INVESTMENTS
CannaRoyalty invests flexibly, assembling its platform of holdings via royalty agreements, equity interests, secured convertible debt, and licensing agreements in various businesses in the United States and Canada.
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