- Business
- Cannagistics, Inc. (OTC: CNGT) provides third-party logistics (3PL) services, specializing in supply chain management, reverse logistics, warehousing, transportation, and industry-specific technology platforms for general commodities and the cannabis sector; core offerings include just-in-time inventory, pick-and-ship fulfillment, bonded warehousing, customs house brokerage, international freight forwarding, expedited and deferred air freight, less-than-truckload (LTL) and truckload (TL) shipping, North American ground transport, last-mile delivery, white-glove services, and proprietary software platforms such as Global3PL and AFX for seed-to-sale tracking, compliance coordination, product shelf-life monitoring, and real-time visibility across fragmented regulatory environments. The company operates through subsidiaries including Global3PL in Ontario, Canada, with warehouses in Canada and the U.S., and a Canadian cannabis-specific division that holds the first bonded warehouse license for cannabis in Canada; it targets growers, processors, buyers, and retailers in the cannabis, hemp, CBD, nutraceutical, and general merchandise industries, with geographic focus on North America, plans for expansion into Florida, Las Vegas, Oregon, California, Colombia, Poland, and the European Union via pending acquisitions and partnerships. Founded in 2004 and headquartered in Hauppauge, New York, Cannagistics previously known as Precious Investments, Inc., changed its name in May 2019; recent developments include the 2021 acquisition of The Integrity Wellness Group, Inc. (formerly Cannorx/Avail Bio) to add health and wellness products such as Canagel hydrogel, Silverpro compression fabric, KidzStrips toothpaste strips, ImmuniZin immune booster, IcyEase ice packs, Slim-D appetite suppressant, Energy Lighting Strips, Micro Voltage Trans Derm C pain relief, and CBD tinctures alongside veterinary and agricultural items; ongoing development of Global3PL and AFX logistics SaaS platforms for e-commerce fulfillment and reverse logistics; reappointment of James W. Zimbler as President, CEO, and Chairman in conjunction with a rebranding to Wholistic Company for health products, supported by Emergent Health Corp.; and pursuit of ISO 9000-certified testing labs and recommerce integrations.