Global science-led consumer health-care company Geyser Brands’ (TSX.V: GYSR) wholly owned subsidiary,
Apothecary Botanicals, has received a standard processing license from Health
Canada. A recent article discussing the company reads, “‘The license allows us
to add value to existing consumer health care brands by providing them the
platform to add CBD,’ Geyser CEO Andreas Thatcher stated in a news release (http://ibn.fm/eKxTj). ‘It also
reflects our business model to focus our licensed producer on delivering scale
through manufacturing and distribution for brand companies.’ . . . The new
license allows Geyser to begin work to extend its cannabidiol products to the
regulated Canadian consumer medical market as the company awaits its R&D
and sales licenses. Physical modifications to the Apothecary Botanicals
manufacturing facility to deliver GMP-compliant capacity are complete, with
production of in-house formulated branded products expected to begin sometime
in late summer.”
To view the full article, visit http://ibn.fm/CHAaY
About Geyser Brands Inc.
Geyser Brands builds health-based, hemp-CBD consumer
products in the nutraceutical, cosmetics, food-and-beverage and pet sectors
worldwide. 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 is a Health Canada-approved licensed producer (“LP”) in Port
Coquitlam, British Columbia, that holds a cultivation license and is
anticipating its processing and sales licenses. The company is exclusively
focusing on leveraging these assets to provide the regulatory infrastructure
for its global brands and distribution strategy, as well as 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 its 7,000-square-foot licensed
facility in British Columbia for the manufacturing and international
distribution of its hemp- and CBD-based products. 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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