-
Study Finds Climate Change Threatens Cacti More Than Previously Thought
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
-
ALEX BODIとSCANDIC PAY:Mastercard・VISAカードによる新世代の決済
-
ALEX BODI 與 SCANDIC PAY:Mastercard 與 VISA 卡——新一代支付方式
-
ALEX BODI a SCANDIC PAY: karty Mastercard a VISA – nová generace plateb
-
ΑΛΕΞ ΜΠΟΝΤΙ και SCANDIC PAY: κάρτες Mastercard και VISA — μια νέα γενιά πληρωμών
-
ALEX BODI i SCANDIC PAY: karty Mastercard i VISA — nowa generacja płatności
-
АЛЕКС БОДІ та SCANDIC PAY: картки Mastercard і VISA — нове покоління платежів
-
АЛЕКС БОДИ и SCANDIC PAY: карты Mastercard и VISA — новое поколение платежей
-
ALEX BODI and SCANDIC PAY: Mastercard and VISA Cards – A New Generation of Payments
-
ALEX BODI și SCANDIC PAY: Cardurile Mastercard și VISA – o nouă generație de plăți
-
Maswanganyi Clarifies Pirates Allegiance Amidst Career Transition
-
Search Underway for 'Dooars Rani' Tigress After Second Escape from Buxa Tiger Reserve
-
Teatro Mayor Unveils 152-Performance 2027 Season Highlighting Beethoven and García Márquez
-
The Dilemma of Recording Live Music: Preserving Memories vs. Being Present
-
Rutgers Defeats NJIT 101-64 Behind Francis and Mark Scores
-
TAMKO and Kansas City Chiefs Announce 2026 Operation Rooftop Recipient
-
Ethur Takes On Hiring Fraud With Facial Biometrics Identity Checks and Connected Payroll and Bank Data
-
NuRAN Wireless Board Approves Growth Strategy to Scale Recurring Revenue from 5,000+ Contracted Towers
-
Route1 Announces 2026 Annual Meeting Results
-
Healixa's FrostPulse(TM) Technology Solves a Major Roadblock to Data Center Growth: Cooling Without the Water Burden
-
Protagenic Therapeutics Announces Private Placement of Up to $5 Million to Advance PT00114 into Its First U.S. Clinical Trial in Generalized Anxiety Disorder
-
Patriot Software Adds Performance Reviews to Patriot HR
-
5E Advanced Materials to Host Fiscal First Quarter 2027 Earnings Conference Call on November 17, 2026
-
Marketing Worldwide Corporation (OTC:MWWC) Announces 1-for-350 Reverse Stock Split Effective November 11, 2026
-
Healthcare Leaders Identify Priorities for Agentic AI Adoption in 2027-2028 - Black Book
-
Aptevo Therapeutics Announces Exercise of Existing Warrants for $3.0 Million Gross Proceeds
-
Arrive AI Announces Strategic Investment in Ottonomy to Accelerate Autonomous Delivery Network Expansion
-
LiveOne (Nasdaq: LVO) to Report Second Quarter Fiscal 2027 Financial Results on November 12, 2026
-
Cosmos Health Provides U.S. E-Commerce Update for October 2026: Monthly Subscription Value Reaches $1.83 Million, Approximately $22 Million Annualized
-
OneMeta Provides Real-Time AI Translation for 2026 G20 Interfaith Forum Summit
-
6 Pieces of Furniture Worth Investing In
-
Cognitum One Launches Cognitum Spaces, the Governed System of Record for Physical Sites That Gives Enterprise AI Agents Trusted Real-World Context
-
PPX Mining Reports Callanquitas Operating Results for the First Nine Months of 2026
-
Green Leaf Innovations (OTC: GRLF) Meets OTCID Disclosure Requirements Following Profitable Q2 2026 Results
-
Valion Bio Reinforces Commitment to American Troops; Discusses Entolimod with Attendees at RW Baird's National Security Conference
-
XCF Global Hosts USDA at New Rise Renewables Reno as Facility Surpasses 4.4 Million Gallons Since Restart
-
Amarc Extends 2026 Exploration Program at the Duke District: Initiates Drilling Program at Established Porphyry Copper-Gold Targets
-
AmeriLife Welcomes Finance Veteran Richard Dziadzio as Chief Financial Officer; Names Jim Quinn President & Chief Transformation Officer
-
Trifecta Gold Reports 2026 Exploration Results from the Liam and Lois Projects, Tombstone Gold Belt, Yukon
-
Irving Resources Reports on Drilling in Yamagano Mining Right at the Yamagano Joint Venture, Kyushu, Japan
-
NiobiumX Mining Reports Results of Ground Radiometric Survey at Shipshaw, Maps Two Distinct Radiometric Signatures Across the Core Claims, and Moves to a High-Resolution Airborne Survey of the Full 2,686-Hectare Package
-
BlackBerry to Participate in Upcoming Investor Conferences
-
Christmas Day Shifts More than Double as Americans Return to In-Person Holiday Celebrations
-
THIEAUDIO Introduces Clairvoyance MKII: The Evolution of a Signature Sound
Sannabis, Inc. (OTC: USPS) Director Meets with Colombia's Minister of Labor to Expand "Weaving Dreams of Freedom" Hemp Program for Inmates
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: [email protected]
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
A.Jones--AMWN