Sannabis, Inc. (OTC: USPS) Director Meets with Colombia's Minister of Labor to Expand "Weaving Dreams of Freedom" Hemp Program for Inmates
Rhea-AI Summary
Sannabis (OTC: USPS) director met with Colombia's Minister of Labor to expand Weaving Dreams of Freedom, a hemp-based program training inmates to weave hand-crafted products. The company is planning to acquire Sannabis S.A.S and proposed an integrated model covering financing for farmers/processors, use of existing cultivation and processing licenses, an exclusive purchase agreement, and nationwide yarn distribution.
Key metrics: each inmate can weave 6 kg yarn/month (~60 pieces); one hectare yields ~300 kg yarn (≈3,000 goods); one hectare can support 50 inmates. Over 120,000 inmates in 120+ facilities indicate large scalability. Second Chance Opportunity Certification and tax-exempt sales are central to the plan.
Positive
- One hectare produces ~300 kg yarn (~3,000 finished goods)
- One hectare can support the monthly work of 50 inmates
- Tax-exempt status for Second Chance products under Colombian law
Negative
- Sannabis acquisition is currently planned, not completed
- Program rollout depends on obtaining Second Chance Opportunity Certification
- Implementation requires external financing for farmers and processors
News Market Reaction – USPS
In the Dec 10 session, USPS declined 15.77%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 26 | Hemp block initiative | Positive | +44.5% | Announced binational industrial hemp block plants and IP plans. |
| Nov 24 | Supply agreement | Positive | +29.9% | Signed supply deal for Sannabis-branded medical cannabis flower. |
| Oct 30 | Acquisition & status | Positive | +62.5% | Achieved OTC “Current” status and outlined plan to acquire Sannabis S.A.S. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent USPS news events have drawn strong positive price reactions, so today’s decline alongside a constructive social-impact announcement marks a divergence from that pattern.
Over the last few months, USPS has issued several expansion-focused updates. On Oct 30, it highlighted achieving OTC Markets “Current” status and plans to acquire Sannabis S.A.S., which holds multiple cannabis licenses. On Nov 24, it announced a medical cannabis flower supply agreement, and on Nov 26, a binational hemp block initiative. Each of these news items saw double‑digit percentage gains, contrasting with the current negative price move on another growth-oriented announcement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Sannabis plans to apply for Second Chance Opportunity Certification for these hand-crafted unique products.
CALI, COLOMBIA / ACCESS Newswire / December 10, 2025 / Sannabis, Inc., f/k/a Ultimate Sports, Inc. (OTC:USPS), a U.S. Company (the "Company") planning to acquire Sannabis S.A.S ("Sannabis") in Colombia, is pleased to announce that Company Director, Juan P. Guzman, met with Colombia's Minister of Labor to expand the groundbreaking Weaving Dreams of Freedom program - an innovative hemp-based economic opportunity for incarcerated individuals throughout Colombia.
The Ministry of Labor offers a Second Chance Opportunity Certification to company's working with inmates participating in a structured program. This certification recognizes businesses generating meaningful rehabilitation opportunities and dignified wages for incarcerated populations. The Minister suggested to Mr. Guzman that Sannabis apply for this certification.
A Scalable, Self-Sustaining Hemp-to-Craft Economy
The Weaving Dreams of Freedom program enables inmates to earn income by weaving hemp yarn into finished goods. The production model is uniquely efficient:
Each inmate can weave 6 kg of hemp yarn per month
Each piece averages 100 grams, total 60 pieces per month per inmate
One hectare of hemp produces approximately 300 kg of yarn, for 3000 finished goods
One hectare (2.47 acres) can support the full monthly income-generating activity of 50 inmates
This structure creates a triple-impact economic engine:
Income for inmates during and after incarceration
Income for Colombian farmers cultivating industrial hemp
Income for local processors converting hemp fiber into yarn
With over 120,000 inmates in more than 120 correctional facilities across Colombia, the scalability of this system presents a transformative national opportunity.
Sannabis Proposes Integrated Financing and Supply Structure
During the meeting, Sannabis proposed a comprehensive model to the Ministry of Labor that includes:
Financing for hemp farmers and processors
Use of Sannabis' existing cultivation and processing licenses to support production
An exclusive purchase agreement whereby the resulting hemp yarn is sold directly to Sannabis
Guaranteed distribution of yarn to participating inmates nationwide
This vertically integrated structure ensures continuity of supply, long-term sustainability, and fair-market income streams for all participants.
Tax-Exempt Social Impact Sales
Under Colombian law, sales of Second Chance Opportunity products receive tax-exempt status, enabling Sannabis to scale the program more rapidly and direct more revenue toward inmate wages and rural development.
"Our goal is to build one of Colombia's most meaningful social-impact industries," said Juan P. Guzman, Director of Sannabis, Inc. "This program doesn't just create products-it creates dignity, rehabilitation, and an economic lifeline for thousands of families. We are grateful for the Ministry's support and look forward to bringing this initiative to every corner of the country."
Sannabis plans to work with NGO's and private companies around the World to distribute hand-crafted hemp products that promote an alternative sustainable crop for Colombian farmers, and a new job for inmates during and after incarceration. This program will expand to non-incarcerated locals in need of income, especially head of household mothers and grandmothers.
Useful links...
To see a YouTube video of Weaving Dreams of Freedom program, click here
Click here for the Company's X page to see pictures of Sannabis meeting with the Minister of Labor.
To see Sannabis products on ProColombia's B2B Marketplace, click here.
For more information, visit 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 industry in Colombia. The company is finalizing the acquisition of Sannabis S.A.S. in Colombia, a fully licensed, 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.
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