Mountain High Acquisitions Corp. is based in Scottsdale, Arizona, United States and was founded in the year 2010. The company deals with the technological approach for production, development, sales & marketing of CBD related products. MYHI-AZ Corporation, MYHI AZ, One Lab Co, and GreenLife BotaniX Inc. are the subsidiaries of the company. The company has a cutting-edge infrastructure and provides the legal licensing to the cannabis growing, processing and producing segment companies in the related market. It even helps the licensed operators to get technical innovations designed for the harvesting licenses and cannabis processing.
Mr. Alan Smith is the founder and CEO of the company. He is basically a Chartered Accountant and has a lot of experience in giving services to the small to mid-sized companies. He has done some of the highly beneficial acquisitions for improving efficiency and getting better financial controls. The stocks of the company have a 52-week low value of $0.038 and the highest at $0.45. The company has a good status in the market as it came into news for the acquisition of the 5-year lease of the modular extraction lab to Workforce Labor Solutions, LLC for providing the best extraction services and turnkey labor for the licensed cannabis producers in the state of Washington DC.
With the growth in the legalization of cannabis, there are many cannabis growers getting a demand for the extraction facilities access. The company is meeting the growing requirement for the cannabis space and the demand for its products is growing. Cannabis producers require different varieties and qualities of their core product. They provide an access to efficient equipment and space to driver better revenues and pursue their niche positively in the upcoming year. MYHI has been helping the cannabis producers to decrease their business risks by providing the state-of-the-art equipment without outlaying the major assets, like equipment for extraction. The acquisition of One Lab Co. is another great step for the company for cannabis extraction processes. It can produce 15 pounds per hour and offers better throughput than the other market extractors. The machine can produce the extraction qualities, including oil, wax, shatter, resin and much more. The company’s association with One Lab Co. will ultimately prove out to be very successful in the long run.
The stocks of the company are towards a better prospect. However, it is essential to understand that the transparency of legal cannabis segment is very important for a company to attain better market capitalization. The company reveals its new acquisitions and policies which proceeds it towards a higher growth. The market capitalization of the company is $6.60 M at the present and it is anticipated to grow with the new acquisition being made by the company. It is projected to get higher market capital with the new growth and legalization policies floated by the company.