PODWERKS Signs Exclusive Joint Venture MOU with Yunnan Industrial Hemp for the United States Hemp Market
Note: See also.... https://www.otcmarkets.com/financialReportVie...;id=175488
KUNMING, CHINA July 6, 2017 -- Santo Mining Corp. dba PODWERKS (the "Company"
, (OTCBB:SANP) announces today it has signed an exclusive joint venture MOU with Yunnan Industrial Hemp for the US hemp market. Under the terms of this joint venture MOU both companies will work together in developing an international brand for all the hemp and CBD products Yunnan Industrial Hemp manufactures. The company is scheduled to sign a definitive agreement during the next 2 to 4 weeks in Beijing and outline a roadmap to market.
Mr. Frank Yglesias CEO stated, the fact that Yunnan Industrial Hemp can produce over 2 tons of high grade CBD a year is enormous, we will be developing a team in the weeks to come of professional Marketing and Financial Experts to create a goto-market plan for the US. This joint venture will be a subsidiary of PODWERKS , the business structure will be defined during the weeks to come and we will be announcing the structure and new directors.
Additionally Mr. Matthew Arnett CMO added, The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. With this joint venture and partners like Yunnan Industrial Hemp we can be a force to recon with in the CBD market. Our first goal will be to develop a delivery system for our CBD to make us unique in the market.
Mr. Andy Suo, General Manager of Yunnan Industrial Hemp, stated, We are impressed with the harmonious understanding of China and its culture that PODWERKS executives have, this is the foundation of this joint venture and its success, we are committed in making this joint venture a win-win for all.
About Yunnan Industrial Hemp Inc. (www.cnhemp.com)
Yunnan Industrial Hemp Inc. (founded in 2001), a wholly-owned subsidiary of Yunnan Hanpu Health Products Co., Ltd., is currently Chinas only government authorized institution that can plant, process and deal in industrial hemp products in a large scale and is Chinas first enterprise exclusively engaged in the development of industrial hemp. They specialize in the development, research, breeding, planting, industrialized production and marketing of industrial hemp.
About PODWERKS (www.podwerks.com)
PODWERKS is a co-working space for cannabis entrepreneurs in the United States, providing the necessary framework to grow, market, and sell all cannabis related products. Our aim is to create a sustainable and community driven workspace by providing an affordable, scalable and a safe business environment for our tenants. All Podwerks spaces will feature three types of pods:
1-Growing pods o Nursery, Production and Drying
2-Office Space pods o Desk space, Wi-Fi, printers, copy machines, meeting rooms
3-Retail Space pods o Coffee Shop, Hardware Supply Shop, Co-op Shop
PODWERKS spaces will be located in urban designated zones permitting the commercial cultivation, and sales of cannabis related products. Each site will have an average of ten modified steel shipping container pods with an onsite manager overseeing day-to-day operations. Working with local and state agencies, Podwerks container pods will comply with all building code requirements to ensure the safety of our tenants. Community is an essential part to Podwerks mission of Grow for Life. PODWERKS tenants can benefit from a series of social and professional events designed to foster collaboration and create a strong and expansive community. Some of these events will include speaker series, investor panels and local governments outreach, among others.
PODWERKS is a division of Santo Mining Corp, a publically traded company in the Over-the-Counter (OTC) market. It currently trades under the ticker symbol SANP.
Media contacts:
PODWERKS
Mr. Matthew Arnett
844.420.4203
media@podwerks.com
http://www.podwerks.com/
https://twitter.com/podwerks/with_replies
https://www.otcmarkets.com/stock/SANP/news/PO...66&b=y
Note: See also.... https://www.otcmarkets.com/financialReportVie...;id=175488
KUNMING, CHINA July 6, 2017 -- Santo Mining Corp. dba PODWERKS (the "Company"
, (OTCBB:SANP) announces today it has signed an exclusive joint venture MOU with Yunnan Industrial Hemp for the US hemp market. Under the terms of this joint venture MOU both companies will work together in developing an international brand for all the hemp and CBD products Yunnan Industrial Hemp manufactures. The company is scheduled to sign a definitive agreement during the next 2 to 4 weeks in Beijing and outline a roadmap to market. Mr. Frank Yglesias CEO stated, the fact that Yunnan Industrial Hemp can produce over 2 tons of high grade CBD a year is enormous, we will be developing a team in the weeks to come of professional Marketing and Financial Experts to create a goto-market plan for the US. This joint venture will be a subsidiary of PODWERKS , the business structure will be defined during the weeks to come and we will be announcing the structure and new directors.
Additionally Mr. Matthew Arnett CMO added, The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. With this joint venture and partners like Yunnan Industrial Hemp we can be a force to recon with in the CBD market. Our first goal will be to develop a delivery system for our CBD to make us unique in the market.
Mr. Andy Suo, General Manager of Yunnan Industrial Hemp, stated, We are impressed with the harmonious understanding of China and its culture that PODWERKS executives have, this is the foundation of this joint venture and its success, we are committed in making this joint venture a win-win for all.
About Yunnan Industrial Hemp Inc. (www.cnhemp.com)
Yunnan Industrial Hemp Inc. (founded in 2001), a wholly-owned subsidiary of Yunnan Hanpu Health Products Co., Ltd., is currently Chinas only government authorized institution that can plant, process and deal in industrial hemp products in a large scale and is Chinas first enterprise exclusively engaged in the development of industrial hemp. They specialize in the development, research, breeding, planting, industrialized production and marketing of industrial hemp.
About PODWERKS (www.podwerks.com)
PODWERKS is a co-working space for cannabis entrepreneurs in the United States, providing the necessary framework to grow, market, and sell all cannabis related products. Our aim is to create a sustainable and community driven workspace by providing an affordable, scalable and a safe business environment for our tenants. All Podwerks spaces will feature three types of pods:
1-Growing pods o Nursery, Production and Drying
2-Office Space pods o Desk space, Wi-Fi, printers, copy machines, meeting rooms
3-Retail Space pods o Coffee Shop, Hardware Supply Shop, Co-op Shop
PODWERKS spaces will be located in urban designated zones permitting the commercial cultivation, and sales of cannabis related products. Each site will have an average of ten modified steel shipping container pods with an onsite manager overseeing day-to-day operations. Working with local and state agencies, Podwerks container pods will comply with all building code requirements to ensure the safety of our tenants. Community is an essential part to Podwerks mission of Grow for Life. PODWERKS tenants can benefit from a series of social and professional events designed to foster collaboration and create a strong and expansive community. Some of these events will include speaker series, investor panels and local governments outreach, among others.
PODWERKS is a division of Santo Mining Corp, a publically traded company in the Over-the-Counter (OTC) market. It currently trades under the ticker symbol SANP.
Media contacts:
PODWERKS
Mr. Matthew Arnett
844.420.4203
media@podwerks.com
http://www.podwerks.com/
https://twitter.com/podwerks/with_replies
https://www.otcmarkets.com/stock/SANP/news/PO...66&b=y
