View Systems, Inc.’s (VSYM) Sannabis Provides Update on their Hemp Operations in Uruguay and Colombia to Supply the World with Hemp Products.

Company files quarterly report with the SEC.

Barranquilla, Colombia, Dec. 10, 2019 (GLOBE NEWSWIRE) -- View Systems, Inc.’s (VSYM), medical marijuana and hemp subsidiary, Sannabis S.A.S. (“the Company”) provides an update on their hemp operations in Colombia and Uruguay. Sannabis aims to become a reliable supplier to Hemp companies from around the World seeking to penetrate their local markets.

Colombia

Sannabis is a pioneer in the hemp/medical marijuana space in Colombia since 2014 through their indigenous partners and was a significant part of the legalization movement for over 20 years, even assisting in the drafting of medical marijuana legislation under former President Santos. They have since applied for a transformation license to convert non-psychoactive cannabis into finished products and by-products and are now preparing for a site visit from the agency in charge of issuing that license. Sannabis and its affiliates have also applied for the coveted Seed Bank License and Cultivation License, right now greenhouses are being built at their new facility where they moved their seed bank as they await a site visit from ICA (Agriculture Department). The Seed Bank application is a tremendous advantage since no more applications are being accepted.

Sannabis recently leased a new farm and moved the Seed Bank to be closer to their University partner where they intend to patent strains and develop other products. They’ve already effectively tested a hemp roof tile that is part of a much bigger bio-construction project that has initiated with multi-national organizations and universities that will be announced later. Not only did they perfect the hemp roof tile, but they also contributed to the project a custom-made hemp brick maker they developed. While they await their licenses, Sannabis is currently producing a line of topical creams, ointments, and oils to be sold directly to consumers in Colombia, the launch with the first 500 direct marketers is scheduled for March 2020. Although these products are new, some of the formulas are the same Sannabis has used for years with positive results in Colombia, all-natural plant-based ingredients with a bee’s wax or olive oil base. These innovative new products all have health registrations with INVIMA, Colombia’s Health Authority. For pictures of their new product lines, please visit https://drive.google.com/open?id=1ElYQYQyVFOhWywPapodJOig-UfJunGJR