By: Matt Rego
Pain management and healthcare company, Advantis Corp. (OTC Pink: ADVT) is seeing shares up over 80% in early morning trading, despite overall global sell off from the Brexit vote that concluded with a “leave” vote.
Over the past month, Advantis Corp. (OTC Pink: ADVT) has shown average daily volume of 0 over the past thirty days. However, over 10.6 million shares or $95,400 in dollar volume has already exchanged hands on Friday, June 24, 2016. While Advantis Corp. (OTC Pink: ADVT) is having an explosive day today, the stock is up over 151% this week alone, and up 107% year to date, as of June 2016.
The big news that is driving the massive gains this week came from an announcement that Advantis Corp. (OTC Pink: ADVT) signed an agreement with N2 Packaging Systems. N2 Packaging Systems offers advanced packing systems that are hermetically sealed in order to keep medical marijuana products fresh. Here is a press release of the agreement between the two firms:
NEWPORT BEACH, CA–(Marketwired – Jun 22, 2016) – ADVANTIS CORPORATION (OTC PINK:ADVT) announced it has signed an agreement to sub-license N2 Pack’s patented packaging technology to marijuana dispensaries.
N2 Packaging Systems LLC has developed a packaging system that hermetically seals cans for freshness, longer shelf life and target branding. Advantis has secured rights to a packaging machine and license to sub-license the product and process to California, Oregon, and Washington marijuana dispensaries. N2 Pack allows organizations to have unique brand labels on each container, and track the packages with RFID technology. “N2 Pack technology allows suppliers to better track, store and market their products to dispensaries and consumers,” said Advantis Director, Woo Kim, “This packaging process is the future of the cannabis industry; it will allow providers to better manage inventories and charge a premium for products with superior shelf-life and freshness.” Advantis has already agreed to sub-license two Southern California dispensaries with over 14,000 units per month.
Advantis CEO, Christopher Swartz, says that that Advantis is always looking at the big picture of the marijuana sector. “Providing critical agricultural and processing equipment, packaging and delivery solutions, and innovative extraction methods are all necessary parts of the process that brings cannabis to the public,” said Swartz, “We want to make sure we are at the forefront of this industry and create synergy to complement all of our other efforts to ‘grow’ within the marijuana business.” Swartz noted that current trends in the industry have led to finance companies taking notice, saying, “Lenders are actively looking to finance manufacturing, agriculture efforts, and dispensaries; there may be some legitimately leveraged opportunities in the near future.” Swartz commented that a marijuana-based social media platform would be an ideal place to further awareness of Advantis within the industry, and should raise the company’s visibility.
ABOUT Advantis Corporation
Advantis Corporation (ADVT) develops products and works with developing companies to provide innovative healthcare products, holistic pain management solutions, and enhance the footprint in the evolving legal cannabis business. Advantis acquires ownership in developing companies that work within the nutraceutical and the alternative health care industries; consulting with these organizations to improve their product lines, expand their distribution channels through internal partnership agreements, and heighten brand value.
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.