Tuesday, June 26, 2018
Cultivation Technologies Achieves $1Million Revenue
The Irvine, California firm, Cultivation Technologies, Inc., provides infrastructure, genetics, technology, and branding to the legal medical cannabis industry. With guidance from co-founder and Chief Strategy Officer Justin Beck, Cultivation Technologies, Inc., endeavors through the cannabis industry’s complex regulatory environment.
Cultivation Technologies, Inc. reached a milestone with the announcement on June 7, 2018, that it achieved cumulative revenue of $1 million since initiating commercial operations in January 2018. The firm is highly encouraged with its revenue growth in just a few months since the start of operations. It will leverage this momentum for continued growth in the years ahead.
Cultivation Technologies Inc.’s Coachella™ Premium brand of vape cartridges and cannabis concentrates has expanded its presence in various dispensaries across California. The brand’s product offering includes all the major concentrate types such as sugar, diamonds, batters, sauces, and shatter.
The company’s interim extraction facility, located on its campus in Coachella, can process around 6,000 pounds of biomass monthly. The facility can be further expanded for additional production capacity.
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