Khanna’s Cura Cannabis Solutions is the leading provider of cannabis vape cartridges
Indian American Nitin Khanna, who is the CEO of International Mergers and Acquisition advisory firm Merger Tech, has entered California with more cannabis business plans.
Khanna has already ventured into the rapidly legalizing recreational and medical cannabis industry in the United States. Now, he aims to tap the full growth potential of the Cannabis business.
Khanna’s Portland-based Cura Cannabis Solutions is the leading provider of cannabis vape cartridges and oil in Oregon. It is making a big statement by entering the California market that has a population of 39.1 million, the Hans India news portal reported.
According to the report, Cura will manufacture and market premium oils and cannabis products in the US. The company’s new facility in South East Portland will soon begin the sale of “Select” branded cannabidiol hemp oil (CBD).
“We are always scouting for exciting high growth businesses and entered the Cannabis business after a thorough study of its potential after it got legalized in the United States,” said Khanna.
“Cura has undergone extremely fast growth since we started in 2016 and the further growth potential is enormous as the total North America sales of Cannabis are expected to be $20.2 billion by 2021, according to some reports,” he added.