Chemesis International Inc. Provides Corporate Update

Chemesis International Inc. Provides Corporate Update

 Chemesis International Inc. (CSI.CN) (CADMF) (CWAA.F) (the “Company” or “Chemesis“), announces, further to its news release dated January 17, 2019, that the Puerto Rico Department of Health has commenced an appeal of the favourable judgment (the “Decision“) obtained by the Company from the Puerto Rico Superior Court, San Juan, in respect of the certain cannabis licenses (“Licenses“) held by its subsidiary, Natural Ventures PR, LLC (“Natural Ventures“) which had effectively been abeyed by the Puerto Rico Department of Health. The Decision, which is now under appeal, found that such abeyance of the Licenses was invalid and unconstitutional and nullified such action.

Authored By

Anthony Varrell

Anthony Varrell is Managing Director of StoneBridge Partners LLC. SBP continues to drive market awareness for leading firms in the cannabis industry throughout the U.S. and abroad.

Published at Mon, 27 Jan 2020 16:08:48 +0000