Citation Growth Corporation (CSE:CGRO) (OTCQX:CGOTF)
Citation Growth Corporation (CSE:CGRO) (OTCQX:CGOTF), formerly Liht Cannabis, is an elite cannabis cultivation, processing, and branding company with high-quality cannabis operations across North America. Citation is a triple-threat contender in the cannabis market with triple-certified organic production, a premium genetics program, and state-of-the-art extraction facilities.
The company has established itself as a multi-state operator (MSO) with facilities in Nevada, California, and Washington and has operations in British Columbia, Canada as well. Citation’s North Las Vegas triple-certified, organic cultivation, and production facility is anticipated to become one of the largest licensed producers in the State of Nevada, once the two remaining construction phases are complete.
Citation Growth is the only US company with triple-certified organic cannabis and cannabis products. The company’s proprietary organic cultivation techniques and medical-grade equipment exceed production standards and significantly lower the chances of crop failure.
Citation Growth has five cannabis brands that offer a wide variety of ultra-premium high-quality cannabis products. From its poshly packaged Blunt Box brand pre-rolls to its PURE Cloud 9 skincare line, the company has found a way to penetrate every sector of the retail cannabis market. What’s more, Citation Growth’s products are sold in 44 out of 60 dispensaries in Las Vegas.
Citation Growth's Ultra-Premium Triple-Certified Organic Products
Citation Growth Corporation (CSE:CGRO) (OTCQX:CGOTF) prides itself on its organic growth process that is free of any chemicals, hormones or fertilizers that maximize quality and potency. The company is striving to become a dominant cultivator and distributor of premium-grade cannabis products.
Citation Growth's organic cultivation and production process are focused on exceeding both production and consumption standards to ensure all of its products are free of the chemicals, hormones, and fertilizers used by most conventional growers.
EnvirOrganic Farm Certifications verify that Citation Growth's cultivation setting uses the best eco-friendly practices and is committed to social justice. All EnviOrganic farms are required to uphold the EnvirOrganic standards and to complete annual site inspections along with routine sampling for every crop cycle.
Citation Growth's genetics program has sorted through thousands of phenos to find the best outliers. Over the years, the company has compiled a high-end catalog of rare, exotic, heirloom genetics with multiple award-winning strains bread through its lineages.
At its Canadian facilities, Citation utilizes its revolutionary proprietary technology to create a premium product with the lowest possible operating cost. The use of this technology allows for a significant reduction in labor and human error-related costs and also vastly decreases the company's carbon footprint.
On top of that, the technology creates a high yield ratio, lowers operating costs and decreases the chance of crop failure.
Citation Growth's Operations at a Glance
Citation Growth Corporation (CSE:CGRO) (OTCQX:CGOTF) has established its footing in multiple legalized regions to provide the highest quality cannabis products to consumers. The company is one of the largest license holders for cultivation in Nevada with an estimated consolidated footprint of 569,600 square feet that include up to 16,000 sq ft of processing space for cannabis edibles and concentrates.
At its North Las Vegas property, Citation has a cutting-edge extraction lab and production facility and a cultivation space that will total 275,000 sq ft upon completion. The North Las Vegas triple-certified organic cultivation and production facility is home to Fiore, the company's ultra-premium flower brand. Citation Growth's second Nevada-based property is located in Pahrump and is one of the top five wholesalers in the state. The Pahrump facility is home to the company's Garden of WeEden, Blunt Box and Superior brands and over 30 exotic strains that are available at 47 dispensaries across Nevada.
In California, Citation Growth owns and operates the Green Leaf Wellness Dispensary in the Coachella Valley. The company also owns two properties in Desert Hot Springs that will offer 50,000 sq ft of cultivation and production space once the buildout is complete.
In Washington, Citation hosts a third-party unlimited processing license for up to 30,000 sq ft and a 28,000 sq ft cultivation facility on a 13.8-acre property.
North of the border in Canada, the company has two properties in British Columbia. It's Celista, BC property is made up of 40 acres of agricultural land that will be home to 10 separate 10,000 sq ft cultivation buildings for a total of 100,000 sq ft. The company also has a joint venture partnership to license and construct a minimum of 486,000 sq ft to a max of 1 million sq ft in cultivation and processing facilities. The site is situated in a prime location for transportation along the TransCanada Highway and offers access to multiple freshwater sources.
Meet the Growth Corporation (CSE:CGRO) (OTCQX:CGOTF) Team
Howard Misle - Chief Executive Officer and Director
Howard Misle brings exceptional leadership skills and undeniable vision to his role as the Chief Executive Officer and Director of Citation Growth Corporation. He was previously the founder and CEO of ACC Group of Companies before the company was acquired in August 2019. Howard has been involved in the cannabis industry since 2003 and has played an integral role in the Nevada cannabis cultivation space since legalization. He also founded the American Metals Group before it was acquired.
Rahim Mohamed - President and Director
Rahim Mohamed is the President and Director of Citation Growth Corporation and served as the company's CEO from October 2018 to August 2019. Over the course of his 23-year career in the public and private sector, Rahim has been instrumental in the closing of multiple mergers and acquisitions. He has an exceptional background in finance, business development, capital markets, startups, internal audits, marketing, leadership, M&A, operational streamlining and investor relations. Rahim's strong work ethic, fast pace and strategic forward-thinking have allowed him to successfully execute corporate visions into reality, setting both companies and shareholders up for success.
Nilda Rivera - Chief Financial Officer
Nilda Rivera is the Chief Financial Officer of Citation Growth Corporation. Nilda joined the cannabis industry six years ago when medical cannabis was legalized in Canada. She has over 20 years of experience in financial reporting, accounting, and corporate governance in public companies in the cannabis, resources, and technology sectors. Prior to joining Citation, Nilda was the Vice President and Finance and Corporate Secretary of Aurora Cannabis.
Kurt Keating - Director of USA Operations
Kurt Keating is the Director of USA Operations at Citation Growth Corporation. He has been with citation Growth since its inception, with his exhaustive efforts helping develop the CGC operations in Nevada, Washington, and California. Kurt has extensive experience in the cannabis industry, as well as data warehousing, ERP systems, and business intelligence technology implementations. He has led reporting initiatives, ERP systems implementations, and data warehouse projects while consulting for Microsoft, Starbucks Coffee Company, Holland America Cruise Lines, and the Bill & Melinda Gates Foundation and served as a consultant for KPMG/BearingPoint.
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