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.