Mountain High Acquisitions Corp (OTCMKTS:MYHI) Launches A New Revenue Model

As the marijuana industry continues its growth and more companies enter into the sector in an effort to capitalize on the opportunities presented, there is a corresponding growth in demand for innovative marijuana cultivation technology, equipment, and services. Mountain High Acquisitions Corp (OTCMKTS:MYHI) is trying to capitalize on this opportunity.Mountain High Acquisitions Corp is a turnkey, cutting-edge infrastructure provider to licensed cannabis growers, processors and producers in regulated markets. In addition to assisting in the design, permitting, development and operation of scalable infrastructure, MYHI helps licensed operators leverage scientific and technological innovations specifically geared to optimize the cultivation and processing of cannabis. The Company's wholly owned subsidiary, GreenLife BotaniX, Inc. (www.greenlifebotanix.com), is a California-based developer and marketer of the "SuperCBD" brand of CBD hemp oil infused nutraceutical products.On July 6, 2017, Mountain High Acquisitions Corp. announced the launching of a pilot project aimed at providing a turnkey infrastructure model that Mountain High intends to roll out in the highly promising cannabis markets including California, Washington and Arizona. The objective is to help licensed cannabis growers overcome the key business challenge of financing steep startup infrastructure costs. The Company acquired two state-of-the-art intermodal containers engineered and designed specifically for growing cannabis by D9 Manufacturing, Inc., an Arizona based company that offers a wide variety of engineering, manufacturing and consulting services to the cannabis sector. Mountain High has engaged D9 to assist in the identification, acquisition, and development of infrastructure and technology opportunities in the burgeoning cannabis market. CEO of Mountain High Acquisitions Alan Smith commented:

"We are very enthusiastic about pursuing this opportunity, and appreciate what D9 has brought to the table so quickly. The solutions we intend to provide to the cannabis industry solve real problems faced by licensed growers and producers. Having a license is not a guarantee of success. A grower needs infrastructure and equipment that maximizes the quantity and quality of their production—and all of that can be expensive."

As a part of this initial pilot, Mountain High will lease its first two containers from D9 for use in licensed grow operations in Arizona and California. Grow operations in the containers are expected to begin within 30 days. Initial harvests are anticipated to occur 90 days later. This particular pilot project will allow the company to test both the revenue model—acquiring and leasing infrastructure solutions to licensed growers—and the equipment itself. In this case the equipment being leased out consists of intermodal containers that can be geared for cultivation or for extraction depending upon how the container is built out. CEO of D9 Manufacturing, Inc Ferrel Raskin stated:

"This pilot is just the beginning. We have identified further opportunities for MYHI and D9 to pursue once this revenue model has been vetted and fine-tuned. The reality is that the cannabis industry has now matured enough so that we can identify common problems and challenges and, in turn, provide easier access to meaningful solutions. We're excited to be working with a partner like MYHI to ensure that these solutions are backed by sound business expertise and the ability to raise the capital required."

In addition to assisting in the design, permitting, development and operation of scaleable infrastructure, Mountain High plans to help licensed operators leverage scientific and technological innovations specifically geared to optimize the cultivation and processing of cannabis.

MYHI stock has been on a downward trend since the beginning of February 2017 when it reached its high of $.89 on a strong upward spike over the month of January of 2017. The stock is trading near a support level of $.1142. Current market capitalization stands at $8.30 million, on 72.69 million shares outstanding as of July 07, 2017.Mountain High Acquisitions Corp is in the right industry in which growth is expected for the next few years, and opportunity is abound. However, its financial reports are not very appealing. They show a history of little to no revenue, cash, and assets. Mountain High Acquisitions will need to shore up its financials going forward. However, if the company's sales efforts pay off, MYHI has shown that the stock can be a microcap runner. We will be updating our subscribers as soon as we know more. For the latest updates on MYHI, sign up below!Image courtesy of macrocannabis via FlickrDisclosure: We have no position in MYHI and have not been compensated for this article.