German Burtscher

Pervasip Corp. (OTCPK: PVSP) announced its 2024 first-quarter financial results on Tuesday. Simultaneously, the Seattle-based company said it's still in the restructuring process and preparation for the spin-out of all of its cannabis assets. "We are entering our final phase of restructuring which...

Pervasip Corp. (OTCPK: PVSP) is restructuring its cannabis operations to convert about $15 million in debt into 15% of a newly formed subsidiary. What Happened: The move represents a preliminary step in the company’s plan to separate the new subsidiary into an independent public entity,...

Pervasip Corp. (OTCPK: PVSP) and its subsidiary, Artizen Corporation, disclosed their unaudited financial statements for the third quarter ending August 31, 2023. The company's president and CEO, German Burtscher, emphasized the substantial growth in gross margins and expense reductions in...

Pervasip Corp. (OTCPK:PVSP) is setting up Artizen Nano in Los Angeles, CA for expansion into the California cannabis market and to that extent has signed a letter of intent with MTN Group to enter into definitive agreements by end of July 2023. Artizen Nano will manufacture and distribute its...

Pervasip Corp. (OTCPK:PVSP) and its wholly owned subsidiary, Artizen Corporation, announced its expansion into the Oregon recreational cannabis market. Rather than licensing the Artizen brands to an in-state operator, Artizen is entering the market with a wholly owned subsidiary, Artizen Oregon....

PVSP Pervasip Corp. (OTCPK:PVSP) announced the acquisition of Slurped, a nano tincture brand, and establishing Artizen Nano, focused on the development of nano emulsified products. With the acquisition of United Consulting Services, Pervasip is implementing a nano division, Artizen Nano, to develop...

Pervasip Corp. (OTCPK:PVSP) released its unaudited financial statements for its fiscal years ended November 30, 2022, and November 30, 2021. Key Highlights Wholesale sales increased in volume by 65.1% with an additional margin capture of 31.6% based on management’s margin improvement...

Pervasip Corp. (OTCPK:PVSP) Q3 2022 revenue was $4.3 million, a 17% increase compared to $3.7 million in Q2 2022. Gross profit was $1.4 million, a 718% increase compared to $170,339 in Q2 2022. “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus...

Pervasip Corp. (OTC: PVSP), together with Zen Asset Management LLC, announced on Monday the execution of a letter of intent to acquire substantially all of the assets of BCCTG LLC. BCCTG, owner of various brands, including Emerald City Cultivation, Emerald City Cured, Dabco, Dabs4Less and...

Freedom Cannabis Inc., a Canadian producer of premier cannabis brands, has formed a strategic relationship with Pervasip Corp (OTCPK: PVSP), and its wholly-owned Seattle-based Zen Asset Management, owners of the Artizen brand to pursue mutually beneficial business opportunities. The strategic...