CFN Media Interviews High Hampton’s CEO to Discuss 2019 Catalysts
March 27 2019 - 7:00AM
via NEWMEDIAWIRE – CFN Media Group (“CFN Media”), the leading
agency and financial media network dedicated to the North American
cannabis industry announces publication of an article and video
interview featuring High Hampton Holdings Corp. (CSE: HC)
(OTC: HHPHF) (FFT: 0HCN). The company is a Canadian-based cannabis
brand and distribution company focused on California’s market. With
a vertically-integrated approach, the company owns leading brands
like Mojave Jane and CALIGOLD, distribution companies like Bravo
Distribution, and cultivation projects like CoachellaGro and 420
Realty, among other assets.
California’s cannabis industry could reach $5.1 billion in 2019,
according to Arcview Market Research and BDS Analytics,
driving much of the growth in the wider U.S. market. With nearly 40
million residents and more than a million medical marijuana
patients, the state accounts for nearly one third of the North
American cannabis market. These dynamics have created significant
demand for cannabis investments targeting the state.
CFN Media recently sat down with CEO Gary Latham to discuss some
of the company’s latest developments and what investors should
know.
Please click here to see the CEO video interview
California’s Maturing Cannabis Market
Many Californian cannabis companies were focused on
infrastructure last year. For example, they were concerned with
growing cultivation capacity, choosing the right extraction style,
and creating innovative new products. This focus has shifted to
brands and distribution over the past couple of quarters. As
competition has grown, cannabis companies are looking for ways to
differentiate their brands and secure valuable real estate on
dispensary shelves.
The industry has also seen a wave of consolidation over the past
year. While there will always be room for craft cannabis companies
in the market, the bulk of the product on dispensary shelves is
likely to come from larger companies in the space. Smaller
companies will have a choice to remain small or raise capital to
grow larger, or sell the business to a larger competitor that can
consolidate the operations.
High Hampton’s Unique Focus
High Hampton has focused on distribution as a cornerstone for
its business. While distributors were previously focused on one-off
sales, modern cannabis distributors spend time with budtenders to
educate them about products in the same way that a wine distributor
would spend time at a retailer. Distribution is quickly becoming a
key part of the cannabis business, just as it has become in the
alcohol industry.
The company is also focused on building high-quality brands.
While there are likely to be some overarching brands, most brands
will be keyed to specific demographics. Some dispensaries may cater
to older individuals looking for wellness-focused products, while
others will cater to a younger demographic looking for something
edgier. The key to success will be aligning brands with consumer
trends and demographics.
The 2083 Strategy
High Hampton’s intended investment in 2083 is a game-changer for
the business. Through a strategic investment the company is poised
to own 40 percent of 2083. As an early pioneer in cannabis delivery
via SpeedWeed, 2083 has become an iconic cannabis brand and helped
shape various delivery regulations. Continuously experiencing rapid
growth, SpeedWeed has 250,000 online customers, and it has
partnered with many of the largest and most influential
dispensaries in the region.
The company sees two benefits from the investment:
- The ability to immediately introduce brands into the
market and take them straight to consumers through the SpeedWeed
distribution channel. Even better, SpeedWeed’s unique market data
can help effectively distribute products to dispensaries where the
products are likely to sell the best.
- A database of information to understand what consumers really
want. Using this data, the company can formulate new products that
are likely to succeed with less guesswork.
Looking Ahead
High Hampton Holdings Corp. (CSE: HC) (OTC: HHPHF) (FFT:
0HCN) has made tremendous progress in growing its business over the
past few quarters. With a new CEO and the expected strategic
investment in 2083, the company is well positioned to take
advantage of the evolving Californian cannabis market. For more
information, visit the company’s website
at www.highhampton.com.
Please follow the link to watch the full
interview: https://www.cannabisfn.com/cfn-media-interviews-high-hamptons-ceo-to-discuss-2019-catalysts/
About CFN Media
CFN Media (CannabisFN) is the leading creative agency and media
network dedicated to legal cannabis. We help marijuana businesses
attract investors, customers (B2B, B2C), capital, and media
visibility. Private and public marijuana companies and brands in
the US and Canada rely on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or
entrepreneur: http://www.cannabisfn.com/featuredcompany
Download the CFN Media iOS mobile app to access the world of
cannabis from the palm of your
hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the
Apple App Store logo to receive a download link text on your
iPhone: http://www.cannabisfn.com
Disclaimer
CannabisFN.com is not an independent financial investment
advisor or broker-dealer. You should always consult with your own
independent legal, tax, and/or investment professionals before
making any investment decisions. The information provided
onhttp://www.cannabisfn.com (the ‘Site’) is either original
financial news or paid advertisements drafted by our in-house team
or provided by an affiliate. CannabisFN.com, a financial news media
and marketing firm enters into media buys or service agreements
with the companies that are the subject of the articles posted on
the Site or other editorials for advertising such companies.
We are not an independent news media provider. We make no
warranty or representation about the information including its
completeness, accuracy, truthfulness or reliability and we
disclaim, expressly and implicitly, all warranties of any kind,
including whether the Information is complete, accurate, truthful,
or reliable. As such, your use of the information is at your own
risk. Nor do we undertake any obligation to update the items
posted. CannabisFN.com received compensation for producing and
presenting high quality and sophisticated content on CannabisFN.com
along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC,
which owns CannabisFN.com and CFN Media, has been hired to create
awareness. Please follow the link below to view our full disclosure
outlining our
compensation: http://www.cannabisfn.com/legal-disclaimer/
Frank Lane
206-369-7050
Flane@cannabisfn.com
Hanover Comp (NYSE:HC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hanover Comp (NYSE:HC)
Historical Stock Chart
From Apr 2023 to Apr 2024