QVI Inc. California is Good Company.The principals of QVI have decades of award-winning edibles manufacturing and food production experience in California. Co-founder, President and CEO Gina Pippin has 23 years of business and financial management and decades long experience in efficient production management and food safety. Co-founder Annie Holman, has had a career spanning 25 years in marketing and media. She is the former owner of California-based Derby Bakery Cannabis Edibles that produced high-end, award-winning products, winning several Emerald Cup Best Edibles honours as well as first and second place prizes from Edibles List Best of Awards. QVI is currently executing its three-phase development program to culminate in full commercial operation expected in April 2019: Phase one accomplishments include the procurement of an 8,300 square foot food production space built to FDA and CDPH standards; key staff has been identified and retained; manufacturing equipment is identified, and architects and engineers have completed the facility design to optimize output and return on investment. Construction to re-fit the facility has commenced and is scheduled for completion in mid-march. Phase two involves completing the manufacturing facility build-out and the acquisition of the required California state issued cannabis licenses. QVI has been granted its Minor Conditional Use Permit, by the Santa Rosa Zoning Administrator to operate a cannabis manufacturing level 1 (non-volatile) and distribution facility. Based on its municipal approval the company is now positioned to submit for its annual distribution and manufacturing licenses to the appropriate California State agencies which is expected to take 8-12 weeks. Phase three begins with the launch of commercial production planned for April 2019 to immediately begin filling existing orders. In the last 3 months, QVI has vetted over 70 potential cannabis operators requiring contract manufacturing services for a wide variety of products. Currently the company has secured MOUs from large, well-established brands in other U.S. States seeking to expand to California, operators already in the California market and from well-funded start-up brands throughout California. Based on these initial MOUs alone, first year revenue is projected to be in excess of US$5 million and expected to increase substantially as operations and marketing efforts utilizing the principals wide network of industry participants is activated. Annie Holman, co-founder of QVI, has had a career spanning 25 years in Marketing, Media / PR, Graphic Design & Creative Direction. She is the former owner of California-based Derby Bakery Cannabis Edibles, an artisan bakery operated under Prop 215 that produced high-end, award-winning products, winning several Emerald Cup Best Edibles honours as well as first and second place prizes from Edibles List Best of Awards. Annie has been immersed in the California Cannabis industry since 2014 as an advocate, producer, distributor and brand ambassador and has established a deep network of cannabis contacts and connections. Gina Pippin brings 23 years of business and financial management to QVI as co-founder, President and CEO. Previously an executive of a California-based seafood production company with annual revenues of ~$50 million, Ginas decades long experience in efficient production management and food safety compliance will help QVI to reach its goal of producing top quality product at value prices. According to the Royalty Agreement, FinCanna will fund US$3 million in tranches. An initial tranche of US$1.25 million will be advanced shortly with additional tranches to follow in April and July of 2019, subject to certain milestones being met. In return FinCanna will receive a tiered corporate royalty, adjusted based on revenues levels, ranging from 15% to 6% of QVIs total revenues, with the top royalty rate of 15% on the first US$20 million of annual sales until cumulative royalties to FinCanna of US$10 million. About QVI In addition to producing its own line of cannabis infused products, BIG FISH, QVI, Inc. operates a premier contract manufacturing company, The Galley, for infused baked good, chocolates, candies, gummies, topicals, tinctures, vapes / pre-rolls and beverages. Focused on quality and efficiency, QVI, Inc. creates top-notch product at value prices. About FinCanna Capital Corp. FinCanna is a royalty company that provides growth capital to rapidly emerging private companies operating in the licensed U.S cannabis industry. The Company earns its revenue from royalties paid by its investee companies that are calculated based on a percentage of their total revenues. FinCannas scalable royalty model provides an attractive alternative or complement to debt or equity financing for its investee companies. FinCanna is focused on delivering high-impact returns to its shareholders by way of a strategically diversified investment portfolio. For additional information visit www.fincannacapital.com and FinCannas profile at www.sedar.com FinCanna Capital Corp. Andriyko Herchak, CEO & Director Investor Relations: Arlen Hansen Kin Communications 1-866-684-6730 CALI@kincommunications.com Read more at https://stockhouse.com/news/press-releases/2019/01/31/fincanna-signs-royalty-agreement-with-multi-brand-manufacturer-qvi-of-sonoma#GeahUGqEZH5Civ7P.99