Chemesis International Inc. Closes Acquisition of La Finca Interacviva-Arachna Med
Chemesis, Inc. (CSE: CSI) (OTC: CADMF) (FRA:CWAA)
Chemesis International Inc. Closes Acquisition of La Finca Interacviva-Arachna Med
La Finca Interacviva-Arachna Med is a licensed cultivator, producer, distributor, and seller of cannabis
products in Colombia with export abilities into global markets.
January 9, 2018
Vancouver, BC – Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the “Company” or
“Chemesis”) is pleased to announce that it has entered into a definitive agreement for the acquisition of
100% of La Finca Interacviva -Arachna Med SAS (“La Finca”) , an integrated cannabis company that has
been operational since late 2017 and which has CAD $2,300,000 in working capital on hand.
Chemesis believes the emerging Latin American market is poised for major growth. The LATAM Cannabis
Report estimates the region will have a market value of US $4.2 billion by the year 2028. Furthermore,
the report expects Colombia to have a market valu e of US $664 million in the same time frame.
Colombia’s large market value is attributed to its large population, cost efficiency, and free trade
agreements with countries around the world. 1
“With the completion of this acquisition, Chemesis will significantly increase its footprint in Latin
America,” said Edgar Montero, CEO of Chemesis. “The Company believes its exposure in Latin America
will not only provide access to more opportunities in the region, but internationally as well. La Finca is
ramping up as planned and has submitted all necessary documents to the Ministry of Justice to expand
its cultivation area to 1,060 acres.”
La Finca has made significant headway in its operations and regulatory approvals since the Company
announced its intention to acquire 100% of the Colombia based company. In addition to the previously
announced partnerships with Universidad Nacional de Colombia and Universidad Distrital Francisco José
de Caldas, La Finca is also in discussion to partner with two other major Universities in Colombia that
have been auth orized by the Colombian Government to conduct cannabis research, develop seed
strains, and other agronomical research.
La Finca is also in conversations with a major international lab that prepares compounding formulations
for international markets and currently has operations in Colombia and 34 other countries.
To complete the acquisition, the Company is issuing CDN $8,000,000 in stock at a deemed price of CDN
$1.25 per share and is agreeing to pay a further CDN $5,500,000 within the next 24 months. The s tock
issued is subject to 36-month contractual escrow agreement.
On Behalf of The Board of Directors
Edgar Montero
1 LATAM Cannabis Report
Chemesis, Inc. (CSE: CSI) (OTC: CADMF) (FRA:CWAA)
CEO and Director
About Chemesis International Inc.
Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently
operating within California, Puerto Rico, and finalizing an acquisition in Colombia.
Chemesis is developing a strong foothold in key markets, from cultivation, to manufacturing, distribution
and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost effective
production and distribution of its products. In ad dition, Chemesis leverages exclusive brands and
partnerships and uses the highest quality extraction methods to provide consumers with quality
cannabis products.
Chemesis will add shareholder value by exploring opportunities in emerging markets while con sistently
delivering quality product to its consumers from seed to sale.
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Forward-Looking Information: This news release contains "forward -looking information" within the meaning of
applicable securities laws relating to statements regarding the Company's business, products and future of the
Company’s business, its product offerings and plans for sales and marketing, includi ng finalizing the acquisition of
La Finca. Although the Company believes that the expectations reflected in the forward -looking information are
reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to
place undue reliance on forward -looking information. Such forward -looking statements are subject to risks and
uncertainties that may cause actual results, performance and developments to differ materially from those
contemplated by these statements dep ending on, among other things, the risks that the Company's products and
plan will vary from those stated in this news release and the Company may not be able to carry out its business
plans or complete the acquisition as expected. Except as required by la w, the Company expressly disclaims any
obligation and does not intend to update any forward -looking statements or forward -looking information in this
news release. Although the Company believes that the expectations reflected in the forward -looking informa tion
are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference
to profitability based on sales reported. The statements in this news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release