2021-04-08 07:31 ET - News Release
Mr. Josh Rosenberg reports
CHEMESIS INTERNATIONAL INC. ANNOUNCES LOI WITH VENDING SALES & DISTRIBUTION LEADER, ELITE VEND
Chemesis International Inc. has signed a letter of intent (LOI) with Elite Vend, a fully integrated and nationally recognized vending machine retailer and distributor. Elite Vend will leverage its portfolio of existing and expanding customer base to enhance Chemesis's Vicki platform expansion. In addition, the Elite Vend will provide Chemesis access to its full suite of services which include fulfilment, distribution and servicing.
Through its hands-on approach, Elite Vend has built an extensive network of strong relationships with Golf pro shops and sports-related shops and facilities. Elite Vend will work with Chemesis to deploy its sales and distribution resources to identify strategic placements of kiosks across the United States to ensure a successful uptake of machines.
Josh Rosenberg, president of Chemesis, commented: "The team is extremely pleased with the continued support and traction the company is getting from vending market veterans. We believe strongly that our business plan will attract many partners who see our vision for the future of vending. We look forward to working with Elite Vend and their team in securing new placements for our Vicki kiosks across the United States."
Elite Vend was established in 2010 and has since grown its presence and now operates in Washington State, California, Arizona and Florida. The team operates numerous large warehouses in each state to ensure fast and efficient service to its customers. Elite Vend provides full-service vending solutions including, office coffee services, water and ice, beverage machines, snacks, and FitPick menus for its customers. Elite Vend specializes in working with local businesses by building long-term relationships in its operational markets.
Ryan Wear, chief executive officer of Elite Vend, remarked: "The turnkey program provided by Chemesis fits well with our go-to-market approach and CBD fits our consumers value proposition. It will be a seamless expansion for Elite Vend to add to our portfolio. The product and brand diversity will allow for increased share of consumer wallet as well as penetrating new locations."
The partnership was a result of a previously announced partnership between the Pelican Group and Chemesis. The Pelican Group acted as Chemesis's sales arm on the Company's behalf, and it continues to work with Chemesis by leveraging its extensive network to generate opportunities for its continued expansion.
About Chemesis International Inc.
Chemesis International is a U.S.-focused multistate cannabis company that is focused on providing an artificially intelligent-based retail solution. The company currently holds exclusive rights to an AI-based kiosk which can be deployed in high-traffic areas such as shopping malls, stadiums, transit hubs, workplaces and large corporate headquarters.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved.