SAN DIEGO--(BUSINESS WIRE)--Mentor Capital, Inc. (OTC Markets: MNTR) announced that its flagship portfolio company, Bhang Chocolate Company, Inc., will be premiering its newest line of High CBD products at this weekend’s High Times Cannabis Cup in Denver. Starting with Bhang’s 10mg and 25mg gum line, these products, will be available through traditional retailers in addition to dispensaries at the end of April. Bhang worked in coordination with PureCBD, Inc., to deliver a product that preserves the medically oriented benefits of CBD, but may be legally sold directly by Bhang because of the very low THC levels in its sourcing.
Bhang Chocolate Founder and CEO, Scott J. Van Rixel, is confident the ability to offer direct sale of these high quality edibles will positively impact the Bhang corporation bottom line. “Our volume of supply allows us to target a pricing structure that is significantly less than that of other providers. With this week’s introductions, we look to both deliver a superior CBD product and dramatically improve the price point that has been available to patients and consumers up until now.”
Bhang’s move on this market is wholly consistent with the strategic approach of Mentor Capital, Inc. to the cannabis market, according to CEO, Chet Billingsley. “We identify market leaders, provide them with funding, and they go on to dominate their sub-sector and expand.” Mentor Capital’s financing goal is to provide direct equity and source large blocks of non-dilutive debt and private equity indirectly to these transactions. “With apologies to my betters, we are hunting rare fast-moving green elephants and look to always carry a loaded gun.”
About Mentor Capital: By acquisition or stock purchase, Mentor Capital, Inc. seeks to invest in leading cannabis companies. Additional important information for investors and founders seeking expansion funding is presented at: www.MentorCapital.com
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