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CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Posts Update on Washington State Assets

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) this morning posted a shareholder update regarding its Washington State assets. Per the update, the company received an encouraging report from the general manager of its Washington state licensee partner that detailed increases from April of 30% in sales, 36% in crop yield and 100% in retail client stores. Chemistree also announced that Sugarleaf requested extra cultivation facilities at the Sedro Wooley location, on the same turn-key basis as currently in place, so it can double its current capacity and meet the quickly growing demand for Sugarleaf branded products. “These numbers are surpassing my expectations and I am really proud of the team at Sugarleaf for their focus on producing a high-quality cultivated product, an exacting attention to detail, and maintenance of rigid best practices in all parts of the operation. The Sugarleaf order book is now fully spoken for each month and the team now has new clients looking for Sugarleaf products every week. I know I speak for the entire Chemistree management team when I say how pleased we are to be landlords to such an amazing cultivator,” Chemistree chief cannabis officer Sheldon Aberman stated in the news release.

To view the full press release, visit http://cnw.fm/7XjXq

About Chemistree Technology Inc.

Chemistree Technology Inc. is an investment company dedicated to the U.S. cannabis sector, endeavoring to provide turn-key solutions for the regulated cannabis industry.  The company’s corporate strategy is to acquire and develop vertically integrated cannabis assets, leveraging management’s decades of expertise in the cannabis industry and corporate finance to own and operate licensed cultivation, processing, distribution and retail facilities. For more information, visit the company’s website at www.Chemistree.ca.

NOTE TO INVESTORS: The latest news and updates relating to CHMJF are available in the company’s newsroom at http://cnw.fm/CHM

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