NEWPORT BEACH, CA, Feb. 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – ADVANTIS CORPORATION (OTC PINK: ADVT) CEO, Darren Cherry, announced that he plans on signing the lease agreement for the Orange County packaging and distribution location next month. Upon moving in, Cherry hopes to also announce that another one of the company’s existing clients will triple their monthly Amster-Can order.
Recent announcements by Cherry continue to point Advantis on a sustained upward trajectory. Earlier this month, Cherry announced plans to open a Los Angeles location in order to double their Amster-Can production overnight. There has been nearly no mention of the Orange County location expansion for the last several weeks, but Cherry says there’s been nothing to announce, as he previously stated that the company was in the final phase of the regulatory process. “We’re ready,” Cherry said. “Our revenue is up, we’re initiating our licensing process, and now we should be ordering two additional pallets a month for one of our existing clients. The additional revenue more than fully supports the expense of the larger and more ideally located space. In fact, the savings of so many other costs associated with our current location will pay for it. The timing is perfect.” Cherry says that he is also excited to move to the new location because it is closer to his home.
One of their Orange County clients that has been using other types of canning for its products is currently negotiating to move all of its business to Advantis following the realization of product demand. “I hope to sign the agreement to triple their current pallet-a-month order by next month,” Cherry explained. “I love when our product itself becomes our best marketing strategy. Products packaged in cans have proven to outsell other options time and again. It’s a brilliant marketing solution for our partners and in high demand by the end user. And Now that we package edibles and flower in Amster-Can, our partners are able to send us more of their business almost instantly. We expect this doubling and tripling of orders from our existing clients to be a trend that continues for the foreseeable future.” Cherry concluded his comments by saying the 2018 year-end report will be out shortly, saying, “We are incredibly fortunate for these order increases and are constantly increasing our capacity to keep up with it. The new Orange County location, and how we equip it, will put us ahead of the game for the first time. Last quarter we saw massive order increases, and this quarter we will recognize the lion’s share of that revenue; orders will continue to increase quarter over quarter.”
Advantis wishes to thank Investors Hangout for mentioning the company in their podcast.
Links to Advantis websites can be found at advantiscorp.com, rosin6.com, elixicure.com, and amstercan.com
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 partnerships with businesses that develop and sell proprietary pain management, and consumer products and services.
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.