World News: 08:05 GMT Monday 11th February 2019. [Chemesis International Inc. via Globe Newswire via SPi World News]
VANCOUVER, British Columbia, Feb. 11, 2019 (GLOBE NEWSWIRE) -- announces plans to add an additional 25,000 ft of manufacturing, in Cathedral City, California. With the recent commercialization of its fully compliant state-of-the-art extraction facility, the Company is moving forward with this expansion plan and anticipates completion of the additional manufacturing space by Q2, 2019. The facility will be full state compliant for manufacturing, packaging, distribution and transportation allowing for products to be distributed directly to state licensed dispensaries.
With this expansion, the Company has the ability to further increase its finished goods portfolio, which will include , , and other consumer goods. “With the Company’s recent acquisition of a new low temperature extraction methodology, we will also be able to expand our offerings to include other cannabinoids at higher concentration in our finished goods,” said Chemesis CEO, Edgar Montero. The manufacturing expansion will maximize efficiencies, and will also increase production capacity for Chemesis’ brands, including and , as well as third party brands.
“Chemesis believes this additional manufacturing will not only allow us to increase our capabilities to produce finished goods, but also allow us to further expand our presence in California,” added Montero. “The California market is a key part of Chemesis’ business plan and the Company will continue to take advantage of upcoming opportunities in this market. To date, our brands have garnered significant interest, and this additional manufacturing space gives us the ability to further meet consumer demand.”
Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia.
Chemesis is developing a strong foothold in key markets, from cultivation, to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost effective production and distribution of its products. In addition, Chemesis leverages exclusive brands and partnerships and uses the highest quality extraction methods to provide consumers with quality cannabis products.
Chemesis will add shareholder value by exploring opportunities in emerging markets while consistently delivering quality product to its consumers from seed to sale.
Globe Newswire: 08:05 GMT Monday 11th February 2019
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