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MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  High Hampton Holdings Corp       CA42966X3094

HIGH HAMPTON HOLDINGS CORP

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High Hampton : Hamptons launches construction of main manufacturing center in California

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03/16/2019 | 09:33am EDT

High Hamptons Holdings Corp (CSE:HC), told Canadian investors Thursday that it has kicked off the development of its main manufacturing and distribution centre in Cudahy, California.

In the wake of a partial demolition, the construction and repair of the Cudahy facility is now underway. Post renovation, the cannabis campus will accommodate a nursery and manufacturing, processing, packaging and distribution operations as well as a non-retail storefront to be used for a delivery service.

High Hampton expects to complete the Cudahy facility by the end of the third quarter and will start operations shortly after that.

The development of the Cudahy facility, which is located in southeast Los Angeles County, is important to High Hampton for a number of reasons, said Tom Baird, chief operating officer of High Hampton. It will provide a near complete stack of operations within the largest cannabis market in California and will be able to service both Southern and Northern California from its strategic location with both distribution capabilities and the delivery of retail products directly to consumers in the Los Angeles market.

Temporary state licenses have already been won by High Hamptons subsidiary 420 Realty to provide cultivation, manufacturing, a non-retail storefront and distribution for the Cudahy facility. And pending a definitive agreement, delivery service will be provided by 2083 Groups SpeedWeed platform and extend to the greater Los Angeles area and beyond.

Headquartered in Toronto, High Hampton is a cannabis sector brand and distribution company, with an entrenched presence in California.

High Hampton shares held steady at C$0.345 in morning Canadian trade Thursday.

(c) Gulf Times Newspaper 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Managers
NameTitle
Gary C. Latham Chief Executive Officer
Richard Garcia Polanco President & Director
Tom Baird Chief Operating Officer
Fiona Fitzmaurice Chief Financial Officer
Daniel Petrov Director
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