Cannagisitcs, Inc., Corporate Update

MISSISSAUGA, Ontario--()--Cannagistics, Inc. (OTCBB Markets “CNGT”) (the “Company” or “Cannagistics”), continues the development of its Cannabis Logistical Services to allow a total product management from “seed to sale.” It is in talks to acquire an operations with Canadian and U.S. operations in the growth, dispensing and logistics areas. This would create the first North American “seed to sale’ product operation and vertically integrated operation for medical, nutraceutical and hemp oil products. It would be a total North American supply chain for Cannabis, Hemp and CBD products.

The Company also continues to explore other opportunities, including a potential joint venture with a fully licensed extraction facility in Ontario, and another operation in the State of California. This will allow the import/export, distribution, testing, extraction of bio-mass and oils on a global scale.

In addition, its traditional logistics service, Global3pl, continues to operate in Mississauga, Ontario and will be aiding in the support and manage the operations of the international import/export distribution through its customs house broker network.

Cannagistics Canada plans to handle 3rd party logistics for its clients. Its services include Inventory and Warehouse Management of the supply chain for various cannabis and hemp companies in Canada and provide them with software, testing, processing, extraction and third-party arranged sales of products.

The company has the following websites:

www.cannagistics.io
www.global3pl.io

FORWARD LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contacts

Michael Kay
Cannagistics, Inc.
631-676-7230
michael@global3pl.io

Release Summary

Cannagistics provides corporate update and summary of activities underway.

Contacts

Michael Kay
Cannagistics, Inc.
631-676-7230
michael@global3pl.io