The measure of an economy lies in how quickly money changes hands, and Dalrada Financial Corp. (OTC:DFCO), had its say on the matter early Monday, helping to finance companies involved with the cannabis industry.
The Nevada-based lender revealed its intentions to become a true end-to-end solutions provider by revealing its plans to build and manufacture a proprietary machine that will facilitate high-quality extracting and processing services for the CBD and pharmaceutical industries.
Dalrada has thrown in its lot with a U.K.-based corporation to assist with the design and development of a proprietary oil extraction machine created for high production. Dalrada will, though, retain ownership of the intellectual rights of the machine before and after the design and development process.
Shares vaulted 41-100ths of a cent, or 10.3%, to 4.38 cents early Monday afternoon, on volume of 75,000 shares.
