Software Effective Solutions Corp. / MedCana (OTC: SFWJ) Announces Milestone Achievement

Rhea-AI Summary

MedCana (OTC: SFWJ), a pharmaceutical-grade cannabis industry infrastructure holding company, has announced significant achievements in its latest CBD harvest, with yields exceeding double the expected amount with no operational issues. The company has secured sales agreements for its entire production over the next 12 months.

MedCana has begun construction of a new 53,800-square-foot facility designed to house 14,000 plants with an expected monthly yield of 350 KG. The company projects revenue between $1.2 million and $1.5 million per hectare per month based on current market conditions and expansion plans.

Positive

• Latest CBD harvest yielded double the expected amount with zero operational issues
• Secured 12-month sales agreements for entire production
• New 53,800 sq ft facility under construction to house 14,000 plants
• Projected revenue of $1.2-1.5M per hectare monthly

Negative

• None.

AUSTIN, Texas, Feb. 20, 2025 /PRNewswire/ -- MedCana (OTC: SFWJ), a leading global infrastructure holding company focused on the pharmaceutical-grade cannabis industry, is pleased to announce the successful completion of its latest CBD harvest, which significantly exceeded expectations. The company achieved more than double the anticipated yield with zero issues—no pests, no botrytis, and no setbacks of any kind. The flawless crop was produced with costs remaining on target and results surpassing all projections.

In addition to this milestone, MedCana has secured sales agreements for its entire production over the next 12 months, reinforcing the strong market demand for its premium-quality cannabis products.

To meet growing demand, MedCana has commenced construction on a 53,800-square-foot (5,000-square-meter) facility, designed to house approximately 14,000 plants with an expected monthly yield of 350 KG. This expansion marks a significant step in MedCana's strategy to scale operations and strengthen its position as a leading cannabis producer.

"With this increase in production, we are confident that MedCana's subsidiaries will generate between $1.2 million and $1.5 million per hectare per month in revenue," stated Jose Gabriel Díaz, CEO of MedCana. "This projection is based on current market demand, pricing trends, and our strategic expansion goals."

As MedCana continues to execute its growth strategy, additional updates on production, partnerships, and expansion initiatives will follow. The company looks forward to continuing to increase shareholder value.

About SFWJ/MedCana

Software Effective Solutions/MedCana is a holding company focused on developing companies in the agricultural technology and cannabis industries. As MedCana moves forward with its expansion plans, the company remains committed to delivering on its promise of building a solid foundation for the future growth of its holdings.

For more information, please visit: www.MedCana.net
Or connect with us via:
MedCana | LinkedIn
https://X.com/@MedcanaCo

SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

View original content:https://www.prnewswire.com/news-releases/software-effective-solutions-corp--medcana-otc-sfwj-announces-milestone-achievement-302380985.html

SOURCE MedCana

FAQ

What yield results did SFWJ achieve in its latest CBD harvest?

SFWJ achieved double the anticipated yield in its latest CBD harvest with zero operational issues, including no pests, no botrytis, and no setbacks.

How much monthly revenue per hectare does SFWJ project for 2025?

SFWJ projects monthly revenue between $1.2 million and $1.5 million per hectare based on current market demand and pricing trends.

What is the size and capacity of SFWJ's new facility under construction?

SFWJ is constructing a 53,800-square-foot facility designed to house 14,000 plants with an expected monthly yield of 350 KG.

How long has SFWJ secured sales agreements for its production?

SFWJ has secured sales agreements for its entire production over the next 12 months.