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.