Chuma Adds Vertical Meds as a Consulting Client


Richard Battle

November 13th, 2015

News, Top News


[stockchart symbol=CHUM]

Chuma Holdings Inc. [stockquote symbol=CHUM], a provider of turnkey solutions to the legal marijuana industry, recently announced a new services agreement with Vertical Meds. As one of the first state-issued licenses under the AB 266 legalization in California, the non-profit organization provides sources medical marijuana that its private labels and delivers to patients.

“The entire team at Vertical Meds is excited about the future here in California and as an industry leader, we’ve sought the assistance of an industry compliance leader in moving forward,” said Vertical Meds General Manager Peter Orozco. “Chuma has set the standard and we are ready to follow their lead. Vertical Meds won’t settle for second best in our products or consultants. We’ve chosen Chuma as our exclusive consultant for one reason. No one can match their experience in the industry.”

Under the terms of the agreement, Chuma will help the organization obtain two of the new state licenses as a delivery service and processor of concentrates. In addition, the company will help develop a general strategy for accomplishing its goals and objectives, including the review of the impact of newly passed legislation. Finally, the company will help facilitate best practices from a business and regulatory standpoint moving forward.

“We’re looking forward to working with Vertical Meds as California transitions into a new medical marijuana regulatory system,” said Chuma Chief Compliance Officer Paul Shively. “Vertical Meds is a leader in the delivery service arena and as such can meet the challenges faced by each MMJ provider by the newly enacted legislation. We believe Chuma and Chuma Certification can and will allow Vertical Meds reach its full potential in the new world of California medical marijuana.”

Shares of Chuma Holdings Inc. are trading lower over the past year, but have recently been trading higher over the past couple of days.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Richard Battle

Mr. Battle has over a decade of experience in the financial markets as both a private investor and financial journalist.


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