Sunniva Reaches Additional Deal with California Cannabis Brand

Cannabis Investing News

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

Sunniva (CSE:SNN; OTCQX:SNNVF) announced its subsidiary CP Logistics 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. “We are very excited to expand our product line and feel that Sunniva is the right manufacturing partner for Cali Gold,” said Daniel Hood, CEO and founder.

Click here to read the full press release.

Source: globenewswire.com

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