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- Sibannac (OTCPK:SNNC) said on Wednesday it had entered into a manufacturing agreement with a major extraction partner for onsite oil production.
- SNNC's Campus Co has agreed to principle terms with the extraction partner to move its manufacturing operations and equipment into its Scottsdale facility.
- SNNC expects to generate annual top-line revenue approaching $1M in 2024.
- The company added it will be able to conduct onsite oil extraction and separate compounds like CBD, CBN, CBG, as well as Delta-8 and Delta-9 THC.
- According to SNNC, the relationship is expected to expand in 2024 into the manufacturing of non-cannabis consumer goods.
- Press Release