Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) partners with California cannabis processor – RICH TV LIVE – November 27, 2018 – VANCOUVER, Nov. 27, 2018 /PRNewswire/ – Chemistree Technology Inc. (Canadian Securities Exchange: CHM) (US OTCQB: CHMJF) (the “Company” or “Chemistree”) is pleased to announce that the Company has entered into a strategic collaboration (the “Collaboration”) with a Humboldt County-based cannabis processing company (the “Processor”) located in Arcata, California. Pursuant to the Collaboration, Chemistree will loan the Processor US$450,000 (the “Loan”), and the parties also intend to negotiate an additional line of credit for working capital purposes. Chemistree expects the Processor will use the proceeds of the loan for business expansion, including to, among other things, purchase additional equipment and make tenant improvements to its facility.
Hey guys how you doing this is rich from wish-tv live and today i’m speaking about chemistry which has some breaking news right now from pr newswire chemistry partners with humboldt county california cannabis processor canadian company trying to make waves in america chemistry technology inc under the symbol chm in canada and on the otcqb under the symbol ch
Mjf is pleased to announce that the company has entered into a strategic collaboration with humboldt county based cannabis processing company located in arcata california pursuant to the collaboration chemistry alone the processor 450,000 us and the parties also intend to negotiate an additional line of credit for working capital purposes chemistry expects the
Processor will use the proceeds of the loan for business expansion including – among other things purchase additional equipment and make tenant improvements to its facility caryl caught mere chemistry’s president commented this is a great advancement for chemistry not only is the processor a highly regarded service provider in the humboldt cannabis industry
With deep relationships with local cultivators we believe they also are primed for growth in their sector we believe that chemistry can provide capital and management depth to rapidly expand the processors business both in the local humboldt area across the state of california and ultimately into new jurisdictions across the united states where legal cannabis
Processing and product development is for formative stages chemistry is also work with the processor to purchase cannabis biomass on a proprietary basis and process that biomass to ultimately be sold as a chemistry or sugar leaf branded product the processor holds a type 6 non volatile solvent extraction license from the state of california the processor uses
Apex supercritical co2 extraction to produce cannabis oil terpene profiles and other products on behalf of cannabis cultivators other manufacturers and processors throughout northern california chemistry expects to fund the loan from its existing cash on hand in addition in consideration for benefits received by chemistry under the collaboration it has agreed to
Issue 100,000 common shares to the principal of the processor additionally chemistry is pleased to announce it has engaged native ads to provide manage and consult on a wide variety of marketing and digital initiatives for the company about chemistry technology ink chemistry technology inc is an investment company dedicated to the us and international cannabis
Sector providing turnkey solutions for the regulated cannabis industry the company’s corporate strategy is to acquire and develop vertically integrated cannabis assets leveraging management’s decades of expertise in the cannabis industry and corporate finance to own and operate licensed cultivation processing distribution and retail facilities the company currently
Owns assets in washington state used to operate the sugar leaf brand prospective cannabis cultivation lands in california a first investment in the canadian cannabis sector through pasha brands and has a robust pipeline of assets to grow its base a business for more information visit chemistry ca and right now we will look at the website but i want you to look at
Chemistry tech right now at forty five and a half cents of one point one one percent on the technical summary on the five minute chart it’s a strong buy 15-minute chart it’s a strong buy 30 minute chart it’s strong by hourly charts a strong by daily chart it’s a buy on the monthly chart it’s a sell so be careful always do your due diligence always do your research
Before you invest in anything okay now remember rich tv live is strictly for education entertainment purposes and we want to bring you the winners we want to bring them first but you need to invest in a company because you love it not because you heard the buddy here first enriched tv live let’s learn a little bit more about chemistry right so they are in
The business of acquiring developing vertically integrated cannabis assets in washington and california leveraging management experience and business successes and here you go you can see the stock on the csc under c hm and in america under ch mjf what do you think about this views if you like this news smash the like button comment down below and if you like this
Video share it everywhere i would love to know what you guys think about this news do you think this is a winner do you think that this is a company that has huge potential do you like the fact that they are focusing in america look at the investment through our continuing expanding portfolio of brands and hard assets chemistry is providing a public vehicle and
To the to investors who are looking to invest in a company that is vertically integrated and approaches the cannabis and cbd industry from a united states market perspective i love the fact that they are focused on america a market ten times bigger than canada what do you guys think let me know is your boy rich if you’re not winning you’re definitely not watching
Chemistry could be a big winner let me know what you think imoh peace
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Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) partners with California cannabis processor By RICH TV LIVE