Business
PUREORGANIX™, A CANNABIS STRATEGIC VENTURES BRAND, IS NOW IN DISPENSARIES IN CALIFORNIA. NATIONAL AND INTERNATIONAL EXPANSIONS PLANNED
PUREORGANIX™, A CANNABIS STRATEGIC VENTURES BRAND, IS NOW IN DISPENSARIES IN CALIFORNIA. NATIONAL AND INTERNATIONAL EXPANSIONS PLANNED.
About this update from Cannabis Strategic Ventures
[{"type":"text","content":"PUREORGANIX™, A CANNABIS STRATEGIC VENTURES BRAND, IS NOW IN DISPENSARIES IN CALIFORNIA. NATIONAL AND INTERNATIONAL EXPANSIONS PLANNED LOS ANGELES, October 18, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Pure Applied Sciences, a wholly own subsidiary of Cannabis Strategic Ventures, Inc. (OTC: NUGS), has announced that “PureOrganix™,” their brand of high-quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP), is now available in dispensaries in California. Furthermore, PureOrganix™ plans to expand its national and international shelf-presence in states with legal markets and Canada in the next year.“Having our brand available to consumers is a huge milestone for PureOrganix™; we have spent months refining our formulation, branding and designing our product to appeal to our target demographic. We are excited for PureOrganix™ continued expansion into legal cannabis retail stores and believe this growth highlights the growth of the cannabis industry. Equally important, this confirms our belief that as the cannabis industry expands into the mainstream, consumer demand for high-quality and pure products continues to increase. PureOrganix™ stands for quality and we look forward to increasing our shelf presence in dispensaries throughout the United States and internationally, in Canadian markets,” said Simon Yu, CEO, Cannabis Strategic Ventures. “The PureOrganix™growth affirms Cannabis Strategic Ventures belief that there is incredible opportunity to create unique cannabis consumer branded products and expand into other sub-sectors of the cannabis marketplace.”Cannabis Strategic Ventures acquired Pure Applied Sciences and its brand PureOrganix™ in February 2018. In July 2018, Pure Applied Sciences entered a non-exclusive cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under the agreement, CPL performs white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the PureOrganix™ brand name. Under this model, Pure Applied Sciences exclusively develops brand, marketing and licensing opportunities for distribution to legal retail stores.A September 2018 market ...