Advantis has signed an agreement to sub-license N2 Pack's patented packaging technology to marijuana dispensaries.
N2 Packaging Systems LLC has developed a packaging system that hermetically seals cans for freshness, longer shelf life and target branding. Advantis has secured rights to a packaging machine and license to sub-license the product and process to California, Oregon, and Washington marijuana dispensaries. N2 Pack allows organizations to have unique brand labels on each container, and track the packages with RFID technology. "N2 Pack technology allows suppliers to better track, store and market their products to dispensaries and consumers," said Advantis Director, Woo Kim, "This packaging process is the future of the cannabis industry; it will allow providers to better manage inventories and charge a premium for products with superior shelf-life and freshness." Advantis has already agreed to sub-license two Southern California dispensaries with over 14,000 units per month.
Advantis CEO, Christopher Swartz, says that that Advantis is always looking at the big picture of the marijuana sector. "Providing critical agricultural and processing equipment, packaging and delivery solutions, and innovative extraction methods are all necessary parts of the process that brings cannabis to the public," said Swartz, "We want to make sure we are at the forefront of this industry and create synergy to complement all of our other efforts to 'grow' within the marijuana business." Swartz noted that current trends in the industry have led to finance companies taking notice, saying, "Lenders are actively looking to finance manufacturing, agriculture efforts, and dispensaries; there may be some legitimately leveraged opportunities in the near future." Swartz commented that a marijuana-based social media platform would be an ideal place to further awareness of Advantis within the industry, and should raise the company's visibility.
