Geyser Brands (TSX.V: GYSR) today announced receipt of
a coveted Health Canada Standard Processing License by its wholly owned
Licensed Producer, 0957102 B.C. Ltd. dba Apothecary Botanicals. According to
the update, the license will enable expansion of the company’s long term vision
and commencement of the manufacturing of premier products, including tinctures
and supplements. “This is a huge milestone for Geyser Brands and something that
we have been working towards for many months,” GYSR CEO Andreas Thatcher said
in the news release. “The license allows us to add value to existing consumer
healthcare brands by providing them the platform to add CBD. It also reflects
our business model to focus our Licensed Producer on delivering scale through
manufacturing and distribution. I wish to congratulate the team at Apothecary
Botanicals and Geyser for all the hard work in obtaining this license. We are
moving forward full steam with our vision and there is plenty more to come in
the future.”
To view the full press release, visit http://ibn.fm/dcYyv
About Geyser Brands Inc.
Geyser Brands builds health-based hemp CBD consumer products
in the nutraceutical, cosmetics, food & beverage and pet sectors
world-wide. R&D investment in NanoFusion, a proprietary all-natural
nanotechnology, delivers topical, cream, beverages and baked goods, oil, and
tincture formulations with superior bioavailability and water-solubility.
Geyser Brands owns a Health-Canada approved Licensed Producer (“LP”) in Port
Coquitlam, B.C. that holds cultivation and processing licenses and is
anticipating its R&D and sales licenses. The company is exclusively
focusing on leveraging these assets to provide the regulatory infrastructure
for its global brands and distribution strategy, acquiring hemp- and
plant-based brands and infusing them with new CBD product lines in
jurisdictions where the therapeutic ingredient is legal. The company’s
proprietary NanoFusion technology surrounds oils and solves for the
insolubility of CBD. Geyser Brands will utilize both of its GM- licensed
facilities in British Columbia for the manufacturing and distribution of its
hemp and CBD-based products internationally. For more information, visit the
company’s website at www.GeyserBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GYSR are available in the company’s newsroom at http://ibn.fm/GYSR
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