THCBF – OTC
VANCOUVER, Sept. 17, 2019 /PRNewswire/ – THC BioMed Intl Ltd. (“THC BioMed” or the “Firm“) announces that it has submitted a new item application to Well being Canada for THC BioMed’s Pure Cannabis Sticks. Pure Cannabis Sticks are filtered, paper cylinders filled with pure THC BioMed cannabis.
Pure Cannabis Sticks are to be manufactured working with THC BioMed’s automated production machine. They are to be packaged in lots of three and 20. Each and every Pure Cannabis Stick is intended for a single-use session and has a biodegradable filter.
The filters are all-natural, quickly degrading and industrial-good quality, created working with raw components that include things like flax, cotton, and manila hemp, with no artificial compounds. The goal of the filters is comfort only. A filter is there to quit loose cannabis from going into a user’s mouth.
“We appear forward to the approval of our Pure Cannabis Sticks,” commented John Miller, CEO of THC Biomed, “The introduction of these automated cannabis pre-rolled cylinders would make a important modify in the cannabis business.”
If the Pure Cannabis Sticks are authorized by Well being Canada, THC BioMed (www.thcbiomed.com) intends to go over co-manufacturing agreements with bigger Licensed Producers, some of whom have currently expressed an interest to THC. If these co-manufacturing agreements are realized, THC would manufacture pre-rolls on behalf of other Licensed Producers.
“We see wonderful prospective in Pure Cannabis Sticks. We anticipate them to offer a new and important income stream for our business,” Miller mentioned, “We think that licensed producers have to have to be additional revolutionary and invent their personal brands of new items that are greater than what is obtainable on the gray industry, rather than copying and competing with existing gray industry items.”
If the Pure Cannabis Sticks are authorized by Well being Canada, THC Biomed would be the initially Canadian licensed cannabis producer to distribute Pure Cannabis Sticks.
THC is an ACMPR Licensed Producer and Canada’s biggest supplier of legal Cannabis Genetics. THC is on the top edge of scientific investigation and the improvement of items and solutions associated to the health-related cannabis business. Management believes THC is nicely-positioned to be in the forefront of this quickly developing business. Please stop by our web-site for a additional detailed description of our business enterprise and solutions obtainable. www.thcbiomed.com
This press release may possibly include things like forward-hunting information and facts inside the which means of Canadian securities legislation, regarding the business enterprise of THC. Forward-hunting information and facts is primarily based on specific crucial expectations and assumptions created by the management of THC. In some instances, you can recognize forward-hunting statements by the use of words such as “will,” “may possibly,” “would,” “anticipate,” “intend,” “strategy,” “seek,” “anticipate,” “think,” “estimate,” “predict,” “prospective,” “continue,” “most likely,” “could” and variations of these terms and equivalent expressions, or the adverse of these terms or equivalent expressions. Despite the fact that THC believes that the expectations and assumptions on which such forward-hunting information and facts is primarily based are affordable, undue reliance must not be placed on the forward-hunting information and facts mainly because THC can give no assurance that they will prove to be right. Forward-hunting statements contained in this press release are created as of the date of this press release and include things like that (a) Well being Canada will give permission to distribute the Pure Cannabis Sticks, (b) Pure Cannabis Sticks will be manufactured working with THC BioMed’s automated production machine, (c) Pure Cannabis Sticks be packaged in lots of three and 20, (d) Each and every Pure Cannabis Stick will have a biodegradable filter, (e) Pure Cannabis Sticks will make a important modify in the cannabis business, (f) THC BioMed will go over co-manufacturing agreements with bigger Licensed Producers and, if realized, THC will manufacture pre-rolls on behalf of other Licensed Producers (g) Pure Cannabis Sticks will offer a new and important income stream for the Company (h) THC Biomed will be the initially Canadian licensed cannabis producer to distribute Pure Cannabis Sticks and (i) THC will be on the forefront of this quickly developing business. THC disclaims any intent or obligation to update publicly any forward-hunting information and facts, regardless of whether as a outcome of new information and facts, future events or outcomes or otherwise, other than as essential by applicable securities laws.