Chemesis International Inc.. Signs Definitive Supply Agreement for Clean Tested Cannabis

Chemesis International Inc..

Signs Definitive Supply Agreement for Clean Tested Cannabis

(CSE:CSI), is pleased to announce it has entered into a binding distribution deal with a California distribution company that delivers premium laboratory tested cannabis to dispensaries and manufacturers across the state of California.

The vendor is famous for their high standards in meeting compliance with comprehensive testing, efficient distribution, and top of the line equipment. The vendor tests the cannabis for effectiveness, moisture, terpene, and dyes, both microbiological and residual solvents. Chemesis will be provided with trim that will allow the facility to produce our high quality oil to the California Sap brand and other white labeled products.

Under the terms of the agreement, the vendor is to supply 10,000 lbs/month of clean tested trim that yields a minimum of 10% yield upon processing in the Cathedral City Facility. This supply agreement is extremely beneficial to both companies, as Chemesis can produce high quality oil for distribution in California and the vendor can supply its high quality tested cannabis for manufacturing. The vendor leverages a solid supply chain to ensure the supply arrangement is fulfilled. 

“This is a vital accomplishment that positions the Company for significant growth in the California marketplace, especially with recent regulation changes limiting many in the California marketplace. The business is confident this agreement will build a solid revenue stream while continuing to construct an efficient and streamlined manufacturing center in Cathedral City. Chemesis will continue to build value by maintaining cost efficiency and ensuring we are supplying the market with high quality oils,” said Edgar Montero CEO of Chemesis. 

Due to the competitive nature of the cannabis market in California, the business won’t disclose who the vendor is at this moment.

About Chemesis International Inc..

Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently working within California.

Chemesis is creating a strong foothold in key markets, from farming, to manufacturing, distribution, and retail. In addition, Chemesis leverages exclusive brands and partnerships and utilizes the maximum quality extraction procedures, to provide consumers with quality cannabis products.

Chemesis will add shareholder value by exploring opportunities in other emerging markets while always delivering quality product to its customers from seed to sale.

Edgar Montero
CEO and Director

INVESTOR RELATIONS:
ir@chemesis.com
www.chemesis.com
1 -LRB-604-RRB- 398-3378

Forward-Looking Information: This news release contains”forward-looking information” within the meaning of applicable securities laws relating to statements regarding the firm’s business, products and future the organization ’s business, its product offerings and plans for sales and promotion. Even though the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be right. Readers are cautioned not to put undue reliance on forward-looking info. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the corporation’s products and plan will be different from those stated in this news release and the Company may not have the ability to carry out its business plans as anticipated. Except as required by law, the Company expressly disclaims any obligation and does not intend, to update any forward-looking statements or forward-looking information in this news release. Even though the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be right and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of the release.

The CSE has not reviewed, approved or disapproved the content of the press release

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Released at Thu, 26 Jul 2018 12:09:21 +0000

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