Sibannac Inc (OTC:SNNC) Gains Momentum After Manufacturing Agreement

On Wednesday Sibannac Inc (OTC:SNNC), the Nevada corporation, was one of the companies which had come into focus following a key new announcement. The company, involved in the manufacturing and sales of advanced premium wellness products in the consumer packaged goods space, made an announcement about its Campus Co entity.

It was revealed that Campus Co had reached an agreement with an important extraction partner, in principle, to move its equipment and manufacturing process into Sibannac’s facility in Scottsdale, Arizona. The company noted that once the agreement was fully executed it would reveal the information and details of the partner with respect to Sibannac’s own clients and revenues. The company noted that in 2024 it expected to generate revenues to the tune of as much as $1 million.

The company went on to add that the current clients were large sized and nationally well-known supplement brands who would take the bulk oil extracts from Sibannac. The clients would the then turn the bulk oil extracts into consumer goods suitable for the retail market. It was further noted by Sibannac that it would also be able to work on onsite oil extraction and then separate the compounds like CBG, CBD and CBN among others. The latest development related to Campus Co could be a crucial one since the company expects it to expand further in 2024 and include the manufacturing of non-cannabis consumer items.

The company further revealed that once the agreement was completely executed, it would make a full disclosure and reveal the details of the products. The Chief Executive Officer of Sibannac, David Mersky, spoke about the development as well. He noted that it was a major new coup for the company since due to the agreement Sibannac would enter the extraction industry with one of the best partners in the space.