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cannabis investing

Sunniva Reaches Additional Deal with California Cannabis Brand

Bryan Mc Govern
Jun. 12, 2018 09:36AM PST
Cannabis Investing News

Sunniva announced its subsidiary CP LogisticsĀ secured an additional extraction contract with Cali Gold, a California cannabis brand.

Sunniva (CSE:SNN; OTCQX:SNNVF) announced its subsidiary CP LogisticsĀ secured an additional extraction contract with Cali Gold, a California cannabis brand.

As quoted in the press release:

Under the terms of the agreement, the Sun-Oil Facility will provide Cali Gold with high quality, ultra-purified manufactured distilled oil products 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 Cali Gold 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 Cali Gold with specialized vaporization hardware and accessories.

Cali Gold is a legacy cannabis brand born in Berkeley, California, specializing in high-end chocolates. The Cali Gold THCA Chocolate Bar was awarded 1st place in Edibles List Magazine. Cali Gold looks to Sunniva’s quality expertise at scale to introduce 10-15 new products in the next six months. ā€œWe are very excited to expand our product line and feel that Sunniva is the right manufacturing partner for Cali Gold,ā€ said Daniel Hood, CEO and founder.

Click here to read the full press release.

Source: globenewswire.com

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