Sunniva Inks Extraction Contract with California Brand

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Sunniva (CSE:SNN; OTCQX:SNNVF) announced its subsidiary CP Logistics secured an extraction contract with Farmacy Phactory in California.

As quoted in the press release:

Under the terms of the agreements, the Sun-Oil Facility will provide them 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 a 12-month term that may be renewed for an additional 12 months at the request of Farmacy Phactory at the expiry of the initial term. Sunniva, via ownership of its wholly-owned subsidiary Full-Scale Distributors, LLC, and through its brand, Vapor Connoisseur, will also provide them with specialized vaporization hardware and accessories.

“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. 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. The Sun-Oil Facility is licensed for both volatile and non-volatile extraction enabling Sunniva to produce all forms of extracted products,” said Dr. Anthony Holler, CEO, Sunniva.

Click here to read the full press release.

The post Sunniva Inks Extraction Contract with California Brand appeared first on Investing News Network.



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