Strategic Cultivation Changes
Various initiatives are under way to ensure all cultivation and processing facilities and all garden teams have access to the best possible infrastructure, tools and SOPs to produce the highest quality cannabis flower product
"We are proud to have built a strong network of partners which will work with us side by side on executing these strategic initiatives. Stay tuned for some exciting news over the next few days and weeks” German Burtscher, CEO
SEATTLE, WASHINGTON, JANUARY 6, 2022
Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and its subsidiaries, Artizen Corporation (“Artizen”) and Zen Asset Management LLC (“ZAM”), a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the cannabis industry, have finalized a strategic plan to upgrade all Washington State cultivation facilities and garden management.
Various initiatives are under way to ensure all cultivation and processing facilities and all garden teams have access to the best possible infrastructure, tools and SOPs to produce the highest quality cannabis flower product.
“Flower sales make up more than half of sales for cannabis products and Washington State competition is some of the fiercest in the country. Our customers are also some of the most knowledgeable and discerning consumers in our industry. Artizen branded flower needs to maintain its position as a Premium brand and our independent cultivators need the best tools and facilities to grow high quality cannabis. We are proud to have built a strong network of partners which will work with us side by side on executing these strategic initiatives. Stay tuned for some exciting news over the next few days and weeks” said German Burtscher, the Company’s president and chief executive officer.
Artizen-branded products have earned the all-time fourth best-selling position in Washington across all product categories, and the all-time third position in flower, with five of the all-time top ten selling products in flower. Eighths of Artizen’s flagship Dutchberry™ flower are the all-time top selling flower product in Washington. Artizen’s commitment to quality and consistency have fueled more than $69 million in wholesale sales to a distribution network with more than 200 retailers, corresponding to more than $200 million in retail value since inception in 2015.
Pervasip Corporation (PVSP) is a developer of companies and technologies in high value emerging markets and owns 100% of Artizen Corporation (“Artizen Corp”). Artizen Corp’s wholly owned subsidiary, Zen Asset Management LLC (“ZAM”), is a diversified asset management company founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM’s existing clients operate four licensed cannabis cultivation and one processing facility in Washington. Most of the biomass produced by these independent cultivators has been sold historically under the Artizen™ brand, including all-time top selling products in flower in Washington state. For more information about Artizen branded products, visit: www.artizencannabis.com
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