Chemesis International Inc. Announces LOI with Vending Sales & Distribution Leader, Elite Vend

Elite Vend is a highly recognized vending operator that serves over 37,000 vending locations nationwide


Vancouver, BC – Chemesis International Inc. (the “Company”) (CSE: CSI) (OTC: CADMF) (FRA: CWAB), is pleased to announce a Letter of Intent (“LOI”) with Elite Vend, a fully integrated and nationally recognized vending machine retailer & distributor. Elite Vend will leverage it’s portfolio of existing and expanding customer base to enhance Chemesis’ VICKI platform expansion. In addition, the Elite Vend will provide Chemesis access to its full suite of services which include fulfillment, distribution and servicing.

Through its hands-on approach, Elite Vend has built an extensive network of strong relationships with Golf pro shops & sports related shops and facilities. Elite Vend will work with Chemesis to deploy its sales and distribution resources to identify strategic placements of kiosks across the United States to ensure a successful uptake of machines.

Josh Rosenberg, President of Chemesis commented, “The team is extremely pleased with the continued support and traction the Company is getting from vending market veterans. We believe strongly that our business plan will attract many partners who see our vision for the future of vending. We look forward to working with Elite Vend and their team in securing new placements for our VICKI kiosks across the United States.”

Elite Vend was established in 2010 and has since grown its presence and now operates in Washington, California, Arizona, and Florida. The team operates numerous large warehouses in each state to ensure fast & efficient service to its customers. Elite Vend provides full-service vending solutions including, office coffee services, water & ice, beverage machines, snacks, and FitPick menus for its customers. Elite Vend specializes in working with local businesses by building long term relationships in its operational markets.

Ryan Wear, CEO of Elite Vend remarked, “The turnkey program provided by Chemesis fits well with our go to market approach and CBD fits our consumers value proposition. It will be a seamless expansion for Elite Vend to add to our portfolio. The product and brand diversity will allow for increased share of consumer wallet as well as penetrating new locations.”

The partnership was a result of a previously announced partnership between the Pelican Group and Chemesis. The Pelican Group acted as Chemesis’ sales arm on the Company’s behalf, and it continues to work with Chemesis by leveraging its extensive network to generate opportunities for its continued expansion.

On Behalf of The Board of Directors
Josh Rosenberg
President

Investor Relations:
ir@chemesis.com
1 (604) 398-3378

The CSE has not reviewed, approved or disapproved the content of this press release

 

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