RYAH Group, Inc. Enters New Zealand Market, signs Distribution Agreement with Medical Kiwi Ltd
10 Mayo 2021 - 9:39AM
InvestorsHub NewsWire
RYAH Group,
Inc. Enters New Zealand Market, signs Distribution
Agreement with Medical Kiwi Ltd
NEW
YORK, May
10,
2021 (New York,
NY) -- InvestorsHub
NewsWire --
RYAH Group, Inc's (CSE:RYAH) wholly owned
subsidiary, RYAH Medtech, Inc.,
a medical
device,
data and
technology company announced today that it has entered into a
definitive wholesale supply and distribution
agreement with Medical Kiwi Ltd: a leader in R&D, manufacturing, cultivation and distribution of medical cannabis
and medical
devices. The newly formed cooperation
implies distribution of the
RYAH Smart Inhaler and
cloud
based data
analytics platform in New
Zealand.
The agreement was
executed on April 5, 2021
The new agreement
will enable RYAH's suite of connected IoT devices
and cloud-based
data analytics to be connected with Medical Kiwi's
cultivated medical cannabis formulations and patient network
for
pre-clinical and clinical trial
settings as well as medical patient
care in
New Zealand.
In addition, RYAH
and Medical Kiwi intend to explore medical device registration for
the RYAH dose-control Smart-Inhaler, which would be the first of
its kind in the country.
"Our new
partnership with Medical Kiwi Ltd in New Zealand further expands
our global
clinical and
distribution network for plant-based medicine and digital patient
care,."
said Gregory Wagner, CEO of RYAH Group Inc. and of
RYAH Medtech,
Inc. "In
December 2019, the New Zealand Government passed legislation to
improve access to medical cannabis products. Our new relationship
with Medical Kiwi presents an opportunity for both parties to drive
innovation and to deliver cutting edge plant-based medical
solutions in New Zealand. " –
Gregory Wagner,
CEO of RYAH Medtech, Inc.
About Medical Kiwi Ltd
Medical
Kiwi Ltd is a medical cannabis market leader in New Zealand that
has
built a strong health-based, scientific and business
savvy team,
developed a clear
plan for
research, product development and distribution and successfully
raised our initial seed fund capital and crowdfunding equity. With
signing partnership
agreements with
global industry-leading companies, Medical Kiwi has been granted a
Medicinal Cannabis
licence
from the Ministry of Health to cultivate, manufacture and supply
medicinal cannabis.
About
RYAH Group, Inc.
RYAH
Group, Inc.
('RYAH') is a connected device and big data and technology company
focused on valuable predictive analysis in the global medical plant
and nutraceutical intake industry. Its robust artificial
intelligence platform aggregates and correlates HIPAA-compliant
patient data, which is intended to help doctors and patients
personalize plant-based treatments to better predict treatment
outcomes. The data collection is relevant for clinics, doctors,
dispensaries and pharmaceutical companies and Licensed Processors
(LPs) to monitor and manage formulation effects on patient and
demographics. With a strong IP portfolio, RYAH gathers deep and
insightful data on the complete patient session and formulation
lifecycle.
Forward-Looking Statements
Certain
statements contained in this press release constitute
"forward-looking information" as such term is defined in applicable
Canadian securities legislation. The words "may", "would", "could",
"should", "potential", "will", "seek", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar
expressions as they relate to the Company are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions with
respect to future events, and current information available to the
Company, and are subject to certain risks, uncertainties and
assumptions. Many factors could cause the actual results,
performance or achievements that may be expressed or implied by
such forward-looking information to vary from those described
herein should one or more of these risks or uncertainties
materialize. These factors include, without limitation: the general
business and economic conditions in the regions in which the
Company operates; the ability of the Company to execute on key
priorities, including the successful completion of acquisitions,
business retention, and strategic plans and to attract, develop and
retain key executives; difficulty integrating newly acquired
businesses; the
benefits of RYAH's user-generated, HIPAA-compliant data; the
success of its launch in Europe; RYAH's plan to roll-out several
other clinical delivery mechanisms; the results users may receive
from using RYAH products; the ability to implement business
strategies and pursue business opportunities; disruptions in or
attacks (including cyber-attacks) on the Company's information
technology, internet, network access or other voice or data
communications systems or services; the evolution of various types
of fraud or other criminal behavior to which the Company is
exposed; the failure of third parties to comply with their
obligations to the Company or its affiliates; the impact of new and
changes to, or application of, current laws and regulations; legal
and regulatory risks inherent in the cannabis industry; risks
relating to the regulatory landscape in certain countries and
enforcement related to cannabis, including political risks; risks
relating to anti-money laundering laws and regulation; other
governmental and environmental regulation; public opinion and
perception of the cannabis industry; risks related to proprietary
intellectual property and potential
infringement by third parties; risks inherent in an agricultural
business; risks associated to cannabis products manufactured for
human consumption including potential product recalls; a novel
business model; granting of permits and licenses in a highly
regulated business; the overall difficult litigation environment,
including in the United States; increased competition; changes in
foreign currency rates; increased funding costs and market
volatility due to market illiquidity and competition for funding;
the availability of funds and resources to pursue operations;
critical accounting estimates and changes to accounting standards,
policies, and methods used by the Company; the occurrence of
natural and unnatural catastrophic events and claims resulting from
such events; and the risk associated with a business in the
cannabis industry. Should any factor affect the Company in an
unexpected manner, or should assumptions underlying the
forward-looking information prove incorrect, the actual results or
events may differ materially from the results or events predicted.
Any such forward-looking information is expressly qualified in its
entirety by this cautionary statement. Moreover, the Company does
not assume responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
RYAH
Medtech Inc Contacts:
Gregory Wagner,
CEO
invest@ryah.com
917 210 0543
Sofiya
Kleshchuk
Client Relations
+1 917 210 0543
Public
Relations:
InvestorBrandNetwork
(IBN)
Los Angeles,
California
www.InvestorBrandNetwork.com
310.299.1717
Office
Editor@InvestorBrandNetwork.com
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