For those of you who may have missed this press release earlier in the week.
Chemesis to add 25,000 sq ft to Cathedral City plant
2019-02-11 07:25 ET - News Release
Mr. Edgar Montero reports
CHEMESIS INTERNATIONAL INC. TO EXPAND MANUFACTURING CAPACITY IN CALIFORNIA
Chemesis International Inc. plans to add an additional 25,000 square feet of manufacturing, in Cathedral City, Calif. 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 the second quarter of 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 beverages, edibles 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 chief executive officer, Edgar Montero. The manufacturing expansion will maximize efficiencies, and will also increase production capacity for Chemesis's brands, including California Sap and Jay & Silent Bob's Private Stash, 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 Mr. Montero. "The California market is a key part of Chemesis's 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."
About Chemesis International Inc.
Chemesis International 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.
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