Vertically integrated cannabis company Sunniva Inc. (CSE:
SNN) (OTCQX: SNNVF), together with Cannabis Strategic Ventures, Inc. (OTC:
NUGS), today announced the signing of a cannabis concentrate extraction
services agreement between CP Logistics, LLC (“CPL”), Sunniva’s wholly owned
U.S. subsidiary, and Pure Applied Sciences, Inc. (“PAS”), Cannabis Strategic’s
wholly owned subsidiary. Per the terms of the agreement, CPL will perform white
label services producing high quality, ultra-purified cannabis extracts out of
its Sun-Oil Facility in Cathedral City, California, for PAS under the Pure
Organix™ brand name, which was recently acquired by Cannabis
Strategic. The agreement is for a 12-month term that may be renewed for an
additional 12 months at the request of PAS. “As one of the highest quality
producers in the marketplace, we believe we are in an excellent position to
provide brand product manufacturing services for Cannabis Strategic,” Tony
Holler, CEO of Sunniva, stated in the news release. “Both of our firms share
the vision of becoming leaders in providing clean, medical grade cannabis
products to consumers. We welcome Cannabis Strategic to our growing
portfolio of customers.”
To view the full press release, visit http://ibn.fm/hfFkb
About Sunniva Inc.
Sunniva, through its subsidiaries, is a vertically
integrated cannabis company operating in the world’s two largest cannabis
markets – Canada and California – where we are committed to delivering safe,
high-quality products and services at scale and creating trusted Sunniva
branded cannabis products. Our vision is to become one of
the lowest cost, highest quality vertically
integrated cannabis producers in the markets we serve by building
large scale purpose-built current cGMP designed greenhouses and expansion of retail locations,
offering better quality assurance with cannabis products free from pesticides,
providing better customer access to cannabis education and sourcing
better therapeutic delivery devices. Sunniva’s management and board
of directors have a proven track record for creating significant shareholder
value both in the healthcare and biotech industries. For more information,
visit the company’s website at www.sunniva.com
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los
Angeles and is focused on supporting entrepreneurial growth within the
fast-growing legal cannabis sector. The company, recently completed a name and
symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures offers
outsourced personnel solutions that are tailor made to match the growth
dynamics of cannabis cultivators, manufacturers, dispensaries, and other
cannabis marketplace participants. For more information, visit the company’s
website at www.CannabisStrategic.com
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