SANTA ANA, CA--(NewMediaWire - Jan 27, 2016) - ADVANTIS
CORPORATION (OTC
PINK: ADVT) announced last week that they were searching
for a west coast distribution hub in Oregon. The company posted
pictures of various prospects on their Facebook page, and announced
today that they have formed a new Oregon subsidiary, Advantis
Cannabis, LLC.
Company consultants toured several possible buildings and guided
CEO, Jeremy Foti, to inspect what he said was the ideal location.
Company Director and Media Relations contact, Woo Kim, said, "We
are excited to have found what we were looking for. Once we secure
this warehouse, we will finally have a place to house our
Supercritical CO2 Extraction machine and efficiently create
concentrates, vapor oils, beverages, and edibles; predictively
large revenue streams will soon follow."
Oregon law currently states that only companies within the state
can do business in the legal marijuana industry, however, there are
current bills in the legislature that will allow others to
participate. The company specifically formed Advantis Cannabis, LLC
to comply with the local laws. "This is a calculated movement to
ensure proper compliance with Oregon marijuana laws. We are
applying for the necessary licensing and are establishing our
footprint in the state," Kim said, "Advantis Cannabis, LLC will
only operate and provide its products within the state of Oregon,
and we will create several new job opportunities for
Oregonians."
With the new LLC, efforts to attain proper licensing, and the
prospect of the new manufacturing and distribution hub, Advantis is
poised to be a leader in the burgeoning Oregon legal cannabis
industry. Kim was excited for the prospects in the state, saying,
"This is an exciting new marketplace with tremendous opportunity,
and Advantis may well be on its way to being on the leading edge."
Kim later stated that there will be several updates in the coming
weeks as they work to secure the building and licenses to begin the
operations of Advantis Cannabis, LLC.
Kim encouraged shareholders to visit the Advantis Facebook site
to view pictures from the Oregon warehouse visits.
ABOUT Advantis Corporation
Advantis Corporation (ADVT)
focuses on the development of innovative products that supply the
medical, research, and pharmaceutical industries. The company
additionally establishes domestic and international partnerships
with businesses that develop and sell proprietary consumer products
and services. Product lines for consumer health care, music and
entertainment sectors are in development.
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.