NEWPORT BEACH, CA--(NewMediaWire - Apr 18, 2017) - ADVANTIS
CORPORATION (OTC
PINK: ADVT) filed paperwork in California last week as a
first step toward applying for commercial recreational marijuana
distribution license. Advantis CEO, Christopher Swartz, says the
company is preparing to be "first in line" once the state sets the
recreational licensing process in motion.
Advantis, a Wyoming Corporation, filed its DBA with the state of
California last week, as it prepares for the California state
recreational marijuana licensing process. The distribution license
is the first license that Swartz says is paramount to the company's
business. "There are several new types of licenses that we can
apply for ranging from cultivation to distribution," Swartz said.
"We are already servicing clients and partners in the medical
cannabis business, and several of them are poised to get their
recreational commercial licenses for cultivation and dispensing.
Distribution is the license that would apply to us now, and I can
foresee that we apply for others, as we assess what we can legally
do as an SEC fully reporting company next year." Swartz says that
Advantis will be a major player in California's recreational
marijuana business. "We are already growing exponentially within
the medical marijuana space, and with the solid reputation we are
earning through packaging and marketing of reliable, quality
products, we are poised to smoothly transition our product lines
into the recreational space." Advantis current product lines
include partner products such as those from Hemperor's Club,
co-branded products, such as strains that go into Amstercan
packaging, and proprietary products such as CBD extracts Elixicure,
Deltacure, and soon to be unveiled Advantis rosin presses.
"The two primary revenue streams are currently derived from
marketing products to and through collectives, and Amstercan
packaging," Swartz said. "Our own new rosin press, whose
manufacturing process is nearly complete, will likely surpass all
other revenue streams overnight." Swartz related the relevance of
the state licensing to his current business strategy. "As we
continue to develop these new revenue sources, it will fund further
development, manufacturing, and distribution of additional CBD and
THC derivative products. As we continue to develop and nurture our
business relationships, we have a ready-made product pipeline for
almost anything we create. Advantis is on the leading edge of this
cannabis industry and we will continue to innovate, evolve, and
grow as the marketplace does." Swartz closed by saying that
business remains on course to grow revenue quarter over quarter
and, and several new products the company is making or marketing
will be announced over the coming months.
Links to Advantis websites can be found at advantiscorp.com, elixicure.com, and amstercan.com
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Forward Looking Statements: This news release contains
forward-looking statements made by ADVANTIS CORPORATION. All such
statements included in this press release, other than statements of
historical fact, are forward-looking statements. Although
management believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Actual
results may differ materially from those indicated by these
statements. The following risk factors, among others, could cause
actual results to differ materially from those described in any
forward- looking statements. These risks and uncertainties include,
but are not limited to, economic conditions, changes in the law or
regulations, demand for products of the Company, the effects of
competition and other factors that could cause actual results to
differ materially from those projected or represented in the
forward looking statements. Forward- looking statements are
typically identified by the words: believe, expect, anticipate,
intend, estimate, and similar expressions or which by their nature
refer to future events. The Company is not entitled to rely on the
safe harbor provisions of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934 because it
is not registered under either Act. Advantis Corp. set to file for
California Commercial Distribution License.