Molecule Is At The Forefront of The Cannabis Beverage Revolution, with Landmark Licensing Deal And Estimated Revenue Run Rate of $18.5m

Phil Waddington / President and CEO of Molecule Holdings Inc. / (MLCL:CSE) discusses the craft-focused, cannabis beverage production company’s cutting-edge work in the nascent Canadian market.

Boasting a 200,000 square foot production facility based in Ontario, the company has just been given the green light to begin selling its unique line of cannabis-infused beverages throughout Canada, starting in Ontario and Québec.

The company’s recent partnership with Vortex Cannabis Inc. allows Molecule to bring its unique line of cannabis-infused beverage products to market this year, while completing its own sales amendment application.

Molecule Highlights:

• Molecule’s recent deal with Vortex Cannabis Inc. allows it to begin selling its unique line of cannabis-infused beverages throughout Canada this year.
• Vortex will sell products produced by Molecule to provincial retailers, starting with Ontario and Québec.
• Molecule has a 200,000 square foot production facility based in Ontario, offering huge capacity.
• The company forecasts 2021 Q1 revenue of $3.5m, 2021 Q2 revenue of $5.8m, and a 2021 Run Rate revenue of $18.5m
• An early leap of faith into this emerging industry in 2018 has positioned the company well ahead of the pack now.
• "We are excited to move into full scale production and sale," says CEO Phil Waddington.