Pervasip Corp (PVSP)

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NEWS: PVSP and FSA Agreement

Seattle, WA, March 29, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and Zen Asset Management (“ZAM”), its wholly owned subsidiary, today announced that it entered into a strategic partnership with Full Spectrum Advisors (“FSA”), a cannabis cultivation group that has designed and operated over 7 million square feet of indoor canopy along with pioneering cutting edge crop steering techniques.

Following prior annoucened efforts to upgrade all facilities and materially improve on harvest yields, Pervasip and FSA have agreed to partner to substantially improve the overall growth of the company and broaden its revenue base. FSA has sucecsfully rolled out topshelf multi-state brands over the past years and brings years of development and garden management expertise focused on high quality flower and unique genetics.

“Our independent cultivators, utilizing our facilities, combined with the overall potential in Washington State have barely begun to take advantage of all the pportunities for revenue locked up in this network” said German Burtscher, the company’s President & CEO. “We will see substantioal increases not only in harvest yields but also genetic diversity, and improved product quality which will lead to substiantial growth over the next two to three years, not only in Washington, but as the Artizen brand expands into other recreational cannabis markets”.

The FSA team brings years of experience in some of the most recognized cultivation environments and with some of the most well known cannabis brands. “We are very excited to partner with Pervasip and ZAM to assist in the upgrades of all indoor facilities, grow SOPs and a genetic refresh which will allow ZAM’s independent cultivators to strategically grow exceptional flower for the Artizen brand. This is a multi-year effort that we are committing to and we look forward to working with the ZAM staff to implement our plan”, said Isaiah Dawid, FSA’s CEO.