NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC
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Posted On: 06/08/2018 5:04:21 PM
NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Leading California Cannabis Brand
Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, CP Logistics, LLC (the “Sun-Oil Facility”), has secured an extraction contract with Farmacy Phactory, a leading California cannabis brand. “This is a significant milestone as it establishes Sunniva as a trusted manufacturer of clean, high quality extracted products and reliable hardware to support the vibrant California extraction market place,” Dr. Anthony Holler, CEO of Sunniva, stated in the news release. “The operational Sun-Oil Facility, located one mile from the Sunniva California Campus in Cathedral City, will produce over 600,000 filled vaporization cartridges a month at capacity, and we intend to execute additional white label contracts with other leading brands.” Per the terms of the agreement, the Sun-Oil Facility will provide Farmacy Phactory with high quality, ultra-purified manufactured distilled oil products including specialized flavored distilled oil formulations to be utilized within vaporization cartridges. The agreement is for an initial term of 12 months and may be renewed for an additional 12 months at the request of Farmacy Phactory at the expiry of the initial term.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, CP Logistics, LLC (the “Sun-Oil Facility”), has secured an extraction contract with Farmacy Phactory, a leading California cannabis brand. “This is a significant milestone as it establishes Sunniva as a trusted manufacturer of clean, high quality extracted products and reliable hardware to support the vibrant California extraction market place,” Dr. Anthony Holler, CEO of Sunniva, stated in the news release. “The operational Sun-Oil Facility, located one mile from the Sunniva California Campus in Cathedral City, will produce over 600,000 filled vaporization cartridges a month at capacity, and we intend to execute additional white label contracts with other leading brands.” Per the terms of the agreement, the Sun-Oil Facility will provide Farmacy Phactory with high quality, ultra-purified manufactured distilled oil products including specialized flavored distilled oil formulations to be utilized within vaporization cartridges. The agreement is for an initial term of 12 months and may be renewed for an additional 12 months at the request of Farmacy Phactory at the expiry of the initial term.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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