NeutriSci Announces Initial Order From Cryopharm
19 Junio 2019 - 7:30AM
NeutriSci International Inc. (the "Company" or "NeutriSci") (TSX-V:
NU, OTCQB: NRXCF, FRANKFURT: 1N9) the innovator and pioneer behind
neuenergy®, is pleased to announce that it has received an initial
order from Cryopharm Corporation (“Cryopharm”).
NeutriSci licensed its Cryolization technology to Cryopharm for
the manufacturing and distribution of buccal and sublingual rapid
release consumable products utilizing both CBD and THC
molecules. Cryopharm has placed its order for NeutriSci’s
core ingredients, which form the basis of the company’s Marbl
Melts. In addition to purchasing the core ingredients from
NeutriSci, under the licensing terms, Cryopharm will pay NeutriSci
a license fee, and a royalty on gross sales.
Cryopharm is a licensed THC manufacturer and distributor of
medical grade, dose-controlled recreational and medicinal cannabis
products with production facilities in Sacramento,
California. Cryopharm and its American subsidiary are
producing 12 different SKU’s and 3 brands which are to be
distributed across California, with planned expansion into Nevada,
Michigan, Illinois, Oregon, Colorado and Canada expected in
2019.
Cryopharm COO, Ryan Erving stated, “Cryopharm has been working
with NeutriSci for almost a year, evaluating its stable of IP; both
its own and some of which it had licensed from 3rd parties.
After conducting an exhaustive number of trials, we are excited to
be able to partner with NeutriSci, ultimately growing the
Cryolization technology together. It is our belief this
technology is a game changer in the consumable THC / CBD market
space. We believe NeutriSci’s technology provides the
ability to bring the highest efficacy and a fast-acting reaction
time of any drug delivery system to bring the most efficient and
effective consumables to the marketplace.”
NeutriSci CEO, Glen Rehman stated, “This has been a long process
that has culminated with what I believe will be a very profitable
partnership for NeutriSci for many years to come. We
are very excited by the long-term potential of this agreement.”
NeutriSci expects to announce further distribution alliances and
additional sales of its IP and product lines over the next few
months.
On Behalf of the Board of Directors of
NEUTRISCI INTERNATIONAL INC. Glen
RehmanCEONeutriSci International Inc.Tel: (403)
264-6320Email: investors@neutrisci.com
About NeutriSci International
Inc.
NeutriSci specializes in the innovation,
production and formulation of nutraceutical products. Established
in 2009, NeutriSci’s is building sustainable sales models with
Convenience, Chain Drug, and Mass Market and Supermarket retailers
for neuenergy®, the Company’s natural energy and focus supplement
that has at its core, the beneficial effects of blueberries.
Neuenergy® contains a unique patented
combination of blueberries (pterostilbene) and naturally derived
caffeine, and is a revolutionary energy tab designed to deliver
enhanced focus and mental clarity with no sugar, no calories and no
crash associated with typical energy products. To find out more
about neuenergy®, please visit www.getneuenergy.com.
For more information, please visit:
www.neutrisci.com.
About Cryopharm Corporation
Cryopharm is a developer, producer and
distributor of medical grade, dose-controlled recreational cannabis
products. Marbl Melts are an industry-first rapidly
dissolving cannabis melt product infused with THC and/or CBD.
For more information, please visit: www.cryopharm.com.
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Services Provider (as that term is defined in policies of the TSX
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accuracy of this release.
This news release may include forward-looking
statements that are subject to risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although the Company believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
of future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business
conditions. There can be no assurances that such statements
will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. We do not assume
any obligation to update any forward-looking statements except as
required under the applicable laws.
Statements in this press release have
not been evaluated by the Food and Drug Administration.
Products or ingredients are not intended to diagnose, treat, cure
or prevent any disease.
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