Panacea Life Sciences Holdings Inc's Comment on Supply Chain
The company manufactures nutraceutical and cannabinoid, kratom, and mushroom products, specializing in bovine and vegan soft gel production. It distributes products throughout the United States via corporate-owned stores and distribution stores acquired through N7. The product portfolio includes over 40 CBD and CBG SKUs, along with white label licensing and contract manufacturing services. The company employs proprietary extraction technology and maintains secure storage and tracking systems for product delivery. It utilizes the ERPCannabis system, based on SAP architecture, to manage financials, human resources, payroll, procurement, production planning, and materials management. In 2018, the company entered into an agreement with Quintel-MC, Inc. to research and define its business and manufacturing processes. The company complies with environmental regulations without significant impact on capital expenditures.
Panacea Life Sciences Holdings Inc's Comment on Supply Chain
The company manufactures nutraceutical and cannabinoid, kratom, and mushroom products, specializing in bovine and vegan soft gel production. It distributes products throughout the United States via corporate-owned stores and distribution stores acquired through N7. The product portfolio includes over 40 CBD and CBG SKUs, along with white label licensing and contract manufacturing services. The company employs proprietary extraction technology and maintains secure storage and tracking systems for product delivery. It utilizes the ERPCannabis system, based on SAP architecture, to manage financials, human resources, payroll, procurement, production planning, and materials management. In 2018, the company entered into an agreement with Quintel-MC, Inc. to research and define its business and manufacturing processes. The company complies with environmental regulations without significant impact on capital expenditures.
Sources:
Panacea Life Sciences Holdings Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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