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Chemesis International Inc (OTCMKTS:CADMF) Gives Its Shareholders The Latest Corporate Update

The favorable ruling by the Puerto Rico Superior Court is a big win for Natural Ventures. This is one of the subsidiaries of Chemesis International Inc (OTCMKTS:CADMF). It is a ruling that has triggered the Puerto Rico Department of Health to reinstate some important licenses of the subsidiary. These are specifically the cannabis cultivation and manufacturing licenses that Natural Ventures has been holding over the years.

Chemesis International says it will be business as usual

It might seem that the business venture has left all its troubles behind! However, anything can happen, and that is considering that there are ongoing appeal efforts in line with this critical decision. Some parties are showing concerns saying that the licenses had were not in conformity with the constitution. They believed that the licenses are invalid and that there is a need for the San Juan court to overturn its ruling by nullifying everything.

Chemesis International is undoubtedly enjoying the court’s decision. It says that what matters for them currently is the reinstatement of the licenses, which implies that its subsidiary is free to continue with its operations. 

The business guru outlines that the subsidiary will continue focusing on its licensed activities and that there is no time to waste. It also says that it is targeting taking over market leadership and will soon disclose more details regarding the recent development.

Major developments

 As a vertically integrated business, Chemesis International has achieved so much in its many years in business. For instance, this U.S. Multi-State operator has succeeded in establishing a large number of operations internationally .some good examples are Colombia and Puerto Rico.

The business giant has also been good when it comes to the handling of its capital allocation exercise. Sources indicate that it has been enjoying the first-mover advantage over a long period. It is considering venturing into some new markets and hopes to achieve immense business success.

It also seeks to draw a clear line that differentiates it from the rest in terms of the way it deploys resources in leading markets. It has always been the company keen on taking advantage of markets that present it with outstanding opportunities.

By Steven Russell

Steve covers business and investing in emerging medical marijuana markets. Steve graduated from the university of New Orleans with a degree in Broadcast Journalism. Steve has published several articles in professional journals and magazines. His experience gives readers an inside look at the intersection of his specialties, business and medical marijuana.

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