VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this
morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has
received Health Canada approval to commence extraction operations using its
on-site super-critical CO2 extraction system. According to the update, upon its
Napanee facility’s receipt of EU-GMP certification and subject to receipt of
all necessary import and export permits, the company is expected to be able to
ship extracted cannabis products to Europe and other countries for scientific
and medical purposes, in addition to selling domestically. “We are extremely
excited to commence CO2 extraction operations at our Napanee facility,”
Vice-President, Napanee Operations Gary McMullen said in the news release. “We
are now capable of producing cannabis oils and concentrates to our exact
specifications, which is important for meeting our stated production targets to
support the sales of our premium brands and customized offerings, including
Canna Farms(TM), Fireside(TM), Lumina(TM) and Beacon Medical as well as
providing extraction services to third parties.”
To view the full press release, visit http://ibn.fm/lAcrz
About VIVO Cannabis(TM)
VIVO, based in Napanee, Ontario, is recognized for trusted,
premium cannabis products and services. It holds production and sales licenses
from Health Canada and operates world-class indoor cultivation facilities with
proprietary plant-growing technology at its Canna Farms facility in Hope, B.C.,
and at its Vanluven facility in Napanee, Ontario. VIVO has a collection of
premium brands targeting unique customer segments, including Beacon
Medical(TM), Fireside(TM), Canna Farms(TM) and Lumina(TM). The Company is
significantly expanding its production capacity and distribution channels;
growing its domestic medical cannabis platform, including Harvest Medicine, its
patient-centric, highly scalable network of specialty medical cannabis clinics
and services; promoting production and cultivation innovation and pursuing
partnership and product development opportunities; and actively focusing on
growth in select international markets, including Germany and Australia. VIVO
has a healthy balance sheet and is well-positioned to accelerate its growth in Canada
and internationally. For more information, visit the company’s website at www.VivoCannabis.com.
NOTE TO INVESTORS: The latest news and updates
relating to VVCIF are available in the company’s newsroom at http://ibn.fm/VVCIF
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