(CSE: CSI) (OTC: CADMF)
Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, with operations in California and exploring expansion through Latin America.
Chemesis is developing a strong foothold in key markets, from cultivation, to manufacturing, distribution and retail. Chemesis has seed to sale operations, 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.
(CSE: CSI) (OTC: CADMF)
(CSE: CSI) (OTC: CADMF)
Chemesis specializes in, and has invested in the equipment for, multiple extraction processes – BHO Extraction, Alcohol Extraction, CO2 Extraction, and others – and currently has the capacity to process over 2000lbs of raw material per day.
California Sap is one of the most rewarded companies in the cannabis industry today. Known for their experience, their purity, and their incredible products, Chemesis is excited to offer this exclusive brand.
Natural Ventures, our operations headquartered in Puerto Rico, holds strategic partnerships with an expanding number of leading brands in the cannabis industry spanning across multiple countries.
SAP Global is a state-of-the-art production facility located strategically in Cathedral City, California. The facility is able produce high quality legally compliant cannabis products for distribution in California.
Desert Zen Distribution & Transport, headquartered in the Coachella Valley, is all your California cannabis distribution needs under one roof.
(CSE: CSI) (OTC: CADMF)
Net Income Projections
Data provided by Chemesis International Inc.
(CSE: CSI) (OTC: CADMF)
Chemesis International Inc. Announces Global Expansion Through Wholly Owned Subsidiary Chemesis Latin America
Chemesis International Inc. has opened its wholly owned subsidiary, Chemesis Latin America. Through this subsidiary, the company is exploring and completing advanced due diligence on opportunities for cultivation, production and export from the Latin American market. The company believes it will be able to quickly gain market share in Latin America through the use of its networks and existing expertise.
Chemesis’s long-term growth strategy is focused on international expansion. Globally, regulation changes are occurring for both medical and recreational cannabis, and as these changes occur, Chemesis intends to be a first mover by leveraging its existing networks and developing brands suited for the Latin American. Mexico is a great example of these changes, as president-elect Andres Manuel Lopez Obrador, who has the job of overseeing rule making and regulations around Mexico’s new marijuana law, unveiled a plan to change the country’s drug strategy in several big ways.
Colombia, another frontrunner in the Latin American cannabis market, is rapidly growing its capabilities. The government is hoping to grow up to 40.5 tons of cannabis per year, which would account for approximately 44 per cent of the licences issued globally. Colombia is estimated to capture as much as one-fifth of the global market, a value of $40-billion a year.
“Chemesis Latin America is a big step forward in our global growth strategy,” said chief executive officer, Edgar Montero. “We believe Chemesis has a major advantage in this region, as the recent acquisition of Natural Ventures can be leveraged to quickly capitalize on upcoming opportunities. With progressive regulations, Latin America becomes a key market that will be a major part of our portfolio. The company has positioned itself to take advantage of significant opportunities in both Mexico and Colombia. This allows Chemesis to execute on its ambitious growth strategy to identify opportunities that will build long-term shareholder value.”
The company plans to announce the specific countries and jurisdictions where it will be operating in the near future.
Chemesis International Inc. Signs Definitive Agreement To Acquire 80% Of Puerto Rico Based Natural Ventures Pr Llc
Chemesis International Inc. has entered into a definitive agreement to acquire 80 per cent of Natural Ventures PR LLC via its subsidiary Chemesis PR, a 100-per-cent-Puerto Rican company. The agreement amongst the parties has been submitted to the Puerto Rico Medical Cannabis Board for approval as per required by its regulatory framework. Natural Ventures is a seed to sale, medical cannabis company based in Caguas, Puerto Rico, a United States territory. Natural Ventures represents a significant opportunity that will catapult Chemesis into position as a leader in both medical and recreational cannabis cultivation and manufacturing.
Natural Ventures has been operational since early 2017 and currently is expanding to meet its growing patient demand. Natural Ventures is licensed to cultivate 100,000 square feet of cannabis and has 35,000 square ft of manufacturing floor space for high-quality cannabis products. It is currently producing solvent and carbon-dioxide-based extraction for its oil-based products, and it also is producing edibles and other cannabis products.
Puerto Rico legalized medical cannabis for qualifying health conditions in 2015 and permits the use of medical cannabis derivatives only (capsules, extractions, lotions, patches, edibles, flower and oils). Currently, there are 18 preapproved health conditions including HIV, cancer, multiple sclerosis, migraines, anxiety and epilepsy that are eligible to be treated with medical cannabis. Chemesis is poised to meet demand as the island continues to expand the number of qualifying conditions, and more patients receive permits.
“The acquisition of Natural Ventures is a very significant landmark for Chemesis,” said chief executive officer of Chemesis, Edgar Montero. “This acquisition gives the company access to a new consumer base as well as additional revenue opportunities. The operations in Puerto Rico unlock the ability to serve a large population for a variety of medical conditions, while being able to control costs and quality. The addition of Natural Ventures into the Chemesis family fits into our business model and growth strategy, as it will not only provide a strong benefit to our revenue stream but will unlock other opportunities in the global marketplace that are extremely important,” said Mr. Montero.
In exchange for an 80-per-cent interest in the capital stock of Natural Ventures PR LLC, the company will pay $2.25-million (U.S.) cash and $1,682,085 (U.S.) of stock valued at $1 (Canadian) per common share, subject to a 36-month phased lockup. Closing is subject to Puerto Rico Medical Cannabis Board approval which is anticipated within 30 days. The company has also agreed to make a convertible loan or capital contribution to Natural Ventures in the aggregate amount of $750,000 (U.S.) on an as-needed basis for expansion purposes.
Chemesis International Inc. Acquires 100% Of Desert Zen
Chemesis International Inc. has entered into and closed a definitive agreement to acquire 100 per cent of Desert Zen, a state-compliant, recreational and medicinal cannabis manufacturing, distribution and transportation company based in Cathedral City, Calif. This acquisition will allow Chemesis to increase its resources and significantly expand its foothold in the rapidly growing California market.
Desert Zen’s current facility is licensed under state and local laws to manufacture, package, distribute and transport quality cannabis products for recreational and medicinal uses. Desert Zen has a large existing network throughout the state of California that currently serves farmers and dispensaries, as well as other manufacturers, distributors and transporters. As a fully compliant cannabis manufacturer, distributor and transporter working with other fully compliant vendors, Desert Zen is able to track all products, monitor safety and ensure that all seed-to-sale laws are followed throughout the entire supply chain. Desert Zen’s catalogue of products includes a variety of cannabis products and will also include Chemesis’s flagship brand of California sap premium cannabis oils.
“State-wide compliance at each regulatory level in California requires substantial effort, and Chemesis is pleased to continue its growth as one of the few fully compliant first movers in the California market,” said Chemesis chief executive officer Edgar Montero. “Chemesis now has greater flexibility in its operations and can serve its customers more fully and efficiently. In addition, the acquisition of Desert Zen brings new product manufacturing, distribution and transportation opportunities to Chemesis’s considerable oil extraction capabilities.
“Desert Zen is an established cannabis manufacturer, distributor and transporter that continually is expanding its operations and will allow the company to further execute its growth strategy in the state of California,” said Mr. Montero. “The Desert Zen management team has a wealth of experience and an established network of growers, manufacturers and dispensaries. As Chemesis continues to grow, acquisitions such as this will ensure Chemesis is able to build consistent, long-term value for the company.”
Chemesis International is acquiring a 100-per-cent interest in Desert Zen in exchange for $500,000 (U.S.) of the company’s common stock at a deemed value of $1 (Canadian) per share, subject to a 36-month phased leakout restriction.