NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC
Post# of 66
Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that wholly owned subsidiary CP Logistics, LLC, through its Sun-Oil Facility, has secured an additional contract with Cali Gold, a leading and legacy California cannabis brand. Per the terms of the agreement, the Sun-Oil Facility will provide Cali Gold with high quality, ultra-purified manufactured distilled oil products to be utilized within vaporization cartridges. The agreement has an initial term of 12 months and can be renewed for an additional 12 months, at the request of Cali Gold, following expiry of the initial term. “We are very excited to expand our product line and feel that Sunniva is the right manufacturing partner for Cali Gold,” Daniel Hood, CEO and founder of Cali Gold, stated in the news release. As noted in this morning’s update, Cali Gold intends to leverage Sunniva’s quality expertise at scale to introduce 10-15 new products in the next six months.
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