Sannabis, Inc. (OTC:USPS) Achieves OTC Markets "Current" Status and Plans to Acquire Sannabis S.A.S. in Colombia
Sannabis, Inc. (OTC:USPS) announced it has achieved OTC Markets "OTCID Current" status and intends to acquire Sannabis S.A.S. of Cali, Colombia. Sannabis S.A.S. holds all four national cannabis licenses including a fabrication/export license and a partner (Human Fine IPS) with a dispensing license.
The company said Sannabis will meet next week with Colombia's Ministry of Justice to propose regulation of a pilot program to become one of the first legal cannabis flower dispensaries in about five months. The firm also plans a global utility token, SannaCoin on Solana (SOL:SANNA), to enable purchases and rewards for medicinal and cosmetic products.
Sannabis, Inc. (OTC: USPS) ha annunciato di aver raggiunto lo status OTC Markets "OTCID Current" e intende acquisire Sannabis S.A.S. di Cali, Colombia. Sannabis S.A.S. detiene tutte e quattro le licenze nazionali sulla cannabis, inclusa una licenza di fabbricazione/esportazione e un partner (Human Fine IPS) con una licenza di dispensazione.
L'azienda ha dichiarato che Sannabis incontrerà la prossima settimana il Ministero della Giustizia della Colombia per proporre una regolamentazione di un programma pilota volto a diventare una delle prime dispensarie di fiori di cannabis legali entro circa cinque mesi. L'azienda prevede anche un token di utilità globale, SannaCoin sulla piattaforma Solana (SOL:SANNA), per consentire acquisti e premi per prodotti medicinali e cosmetici.
Sannabis, Inc. (OTC: USPS) anunció que ha logrado el estATUS OTC Markets "OTCID Current" y tiene la intención de adquirir Sannabis S.A.S. de Cali, Colombia. Sannabis S.A.S. posee las cuatro licencias nacionales de cannabis, incluida una licencia de fabricación/exportación y un socio (Human Fine IPS) con una licencia de dispensación.
La empresa dijo que Sannabis se reunirá la próxima semana con el Ministerio de Justicia de Colombia para proponer la regulación de un programa piloto para convertirse en una de las primeras dispensarias de flores de cannabis legales en unos cinco meses. La firma también planea un token de utilidad global, SannaCoin en Solana (SOL:SANNA), para permitir compras y recompensas para productos medicinales y cosméticos.
Sannabis, Inc. (OTC: USPS) 는 OTC Markets "OTCID Current" 상태를 달성했다고 발표했으며 콜롬비아 칼리의 Sannabis S.A.S.를 인수할 의향이 있습니다. Sannabis S.A.S.는 네 가지 국내 대마초 면허를 모두 보유하고 있으며, 제조/수출 라이선스를 포함하고 배포 라이선스를 가진 파트너(Human Fine IPS)도 있습니다.
회사는 Sannabis가 다음 주에 콜롬비아 법무부와 만나 파일럿 프로그램의 규제를 제안하여 약 5개월 내에 합법적인 대마초 꽃 판매점 중 처음 몇 곳 중 하나가 되겠다고 말했습니다. 또한 의약 및 화장품 제품에 대한 구매 및 보상을 가능하게 하는 글로벌 유틸리티 토큰 SannaCoin을 솔라나(SOL:SANNA)에서 출시할 계획도 있다고 밝혔습니다.
Sannabis, Inc. (OTC: USPS) a annoncé avoir atteint le statut OTC Markets "OTCID Current" et envisage d'acquérir Sannabis S.A.S. de Cali, Colombie. Sannabis S.A.S. détient les quatre licences nationales sur le cannabis, y compris une licence de fabrication/export et un partenaire (Human Fine IPS) avec une licence de distribution.
L'entreprise a déclaré que Sannabis rencontrera la semaine prochaine le Ministère de la Justice de Colombie pour proposer une réglementation d'un programme pilote afin de devenir l'une des premières dispensaires de fleurs de cannabis légales dans environ cinq mois. La société prévoit également un jeton utilitaire global, SannaCoin sur Solana (SOL:SANNA), pour permettre des achats et des récompenses pour des produits médicinaux et cosmétiques.
Sannabis, Inc. (OTC: USPS) gab bekannt, dass es den Status OTC Markets "OTCID Current" erreicht hat und beabsichtigt, Sannabis S.A.S. aus Cali, Kolumbien, zu übernehmen. Sannabis S.A.S. hält alle vier nationalen Cannabis-Lizenzen, einschließlich einer Fertigungs-/Exportlizenz und einen Partner (Human Fine IPS) mit einer Vertriebslizenz.
Das Unternehmen sagte, dass Sannabis nächste Woche mit dem kolumbianischen Justizministerium zusammentreffen werde, um die Regulierung eines Pilotprogramms vorzuschlagen, um in etwa fünf Monaten zu einer der ersten Cannabisblüten-Dispensaries zu werden. Das Unternehmen plant außerdem einen globalen Utility-Token, SannaCoin auf Solana (SOL:SANNA), um Einkäufe und Belohnungen für medizinische und kosmetische Produkte zu ermöglichen.
سنعانبيس، شركة مساهمة عامة (OTC: USPS) أعلنت أنها حققت حالة OTC Markets "OTCID Current" وتعتزم الاستحواذ على Sannabis S.A.S. من كالي، كولومبيا. تمتلك Sannabis S.A.S. الأربع رخص الوطنية للقنب بما فيها رخصة التصنيع/التصدير وشريك (Human Fine IPS) برخصة توزيع.
قالت الشركة إن Sannabis ستلتقي في الأسبوع القادم مع وزارة العدل في كولومبيا لاقتراح تنظيم برنامج تجريبي ليصبح إحدى أولى متاجر زهور القنب القانونية خلال حوالي خمسة أشهر. كما تخطط الشركة أيضاً لرمز فائدة عالمي، SannaCoin على سولانا (SOL:SANNA)، لتمكين الشراء والمكافآت لمنتجات طبية وتجميلية.
- Achieved OTCID Current status restoring market transparency
- Sannabis S.A.S. holds all four national Colombian cannabis licenses
- Holds fabrication/export license enabling exports where legal
- Partner Human Fine IPS holds a dispensing license for pharmacy sales
- Acquisition is intentional, not closed, leaving execution risk
- Pilot dispensary requires Ministry of Justice approval and is not final
This week Colombia approved the sale of cannabis flower in pharmacies with a prescription, Sannabis S.A.S. will meet next week with the Ministry of Justice for a proposal to regulate their pilot program to become the first dispensary in five months.
CALI, CO / ACCESS Newswire / October 30, 2025 / Sannabis, Inc., f/k/a Ultimate Sports, Inc. (OTC:USPS) ("the Company"), is pleased to announce that it is now OTC Markets "OTCID Current", marking a major milestone in the company's path to transparency and growth. The Company intends to move forward with the acquisition of Sannabis S.A.S., a fully licensed Colombian medical cannabis and industrial hemp company with a strong social and commercial mission.
Sannabis S.A.S. ("Sannabis"), based in Cali, Colombia, holds all four national cannabis licenses and is at the forefront of Colombia's emerging legal cannabis industry. They are preparing to be among the first in Colombia to legally dispense cannabis flower through pharmacies. Sannabis S.A.S. partner, Human Fine IPS, holds the necessary license to dispense their flower products, giving them an early-mover advantage in Colombia's regulated cannabis market. Sannabis S.A.S. will be meeting next week with Colombia's Ministry of Justice to formalize a proposal to regulate a pilot program to become the first cannabis flower dispensary in five months.
The Sannabis S.A.S Fabrication/Export License allows for cannabis exports to countries where it's legal. As part of its global expansion strategy, Sannabis will collaborate with the SannaCoin token on the Solana Blockchain (SOL:SANNA), a digital utility token designed to be used worldwide for the purchase of Sannabis medicinal and cosmetic products. SannaCoin will facilitate borderless transactions, reward loyal customers, and integrate blockchain transparency into Sannabis' ecosystem of natural wellness and industrial hemp goods.
"This is a transformative moment for Sannabis, Inc." said Juan P. Guzman, CEO of Sannabis, Inc. and Director of Sannabis S.A.S. "Achieving OTCID Current status restores transparency for our shareholders and opens the door for the acquisition of Sannabis S.A.S., a company that combines innovation, sustainability, and social impact in Colombia's growing cannabis sector. With the launch of SannaCoin, the vision is extended globally through blockchain technology."
For more information, visit www.sannabis.co, or follow Sannabis on social media for updates on the acquisition, product launches, and international initiatives.
About Sannabis, Inc. (OTC:USPS)
Sannabis, Inc. (OTC:USPS), formerly Ultimate Sports, Inc., is a U.S.-based company focused on the legal cannabis and hemp industries. The company is finalizing the acquisition of Sannabis S.A.S. in Colombia, a vertically integrated cannabis producer and innovator with a strong commitment to social and environmental responsibility. Sannabis, Inc. has amended their articles of incorporation with the Indiana Secretary of State and changed their name from Ultimate Sports, Inc. A name change action has been initiated with FINRA which is still open. Until approved, they will trade as Ultimate Sports, Inc. (OTC: USPS), they plan to keep the USPS stock symbol.
About SannaCoin (SOL:SANNA)
SannaCoin, with token address 5HFiwSpwQAttiVcZ16XQGJrSvrBFhKBmUTgS6RoWTN89, represents a transformative leap forward in the integration of blockchain technology and the global cannabis economy. Created in strategic alliance with Sannabis S.A.S, a pioneer in legal cannabis cultivation and processing in Colombia, SannaCoin is designed to enable seamless, secure, and decentralized transactions for cannabis-derived products, while fostering community governance and financial inclusion. For the SannaCoin White Paper, visit www.SannaCoin.com. More information is also available at https://solscan.io/token/5HFiwSpwQAttiVcZ16XQGJrSvrBFhKBmUTgS6RoWTN89
Media Contact:
Investor Relations
Sannabis, Inc.
Email: jpguzman@Sannabis.us
Website: www.Sannabis.co
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements are based on current expectations, estimates, and projections about the business and industry of Sannabis, Inc. or Sannabis S.A.S., as well as management's beliefs and assumptions. Words such as "expects," "intends," "plans," "anticipates," "believes," "projects," "potential," "may," "will," "should," and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Actual results and outcomes may differ materially from those expressed or implied by such forward-looking statements, including but not limited to: the completion of the acquisition of Sannabis S.A.S.; the timing and impact of regulatory approvals in Colombia and other jurisdictions; the commercial success of Sannabis products and SannaCoin; the ability to secure financing; and general economic and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by law, Sannabis, Inc. or Sannabis S.A.S. undertake no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise.
SOURCE: Sannabis S.A.S.
View the original press release on ACCESS Newswire
FAQ
What did Sannabis, Inc. (USPS) announce on October 30, 2025?
What licenses does Sannabis S.A.S. hold relevant to USPS shareholders?
When will Sannabis seek approval for a pharmacy dispensary pilot for USPS?
How will SannaCoin relate to Sannabis products and USPS plans?
Does the OTCID Current status affect USPS shareholder transparency?
