Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bioharvest Sciences Inc C.BHSC

Alternate Symbol(s):  CNVCF

BioHarvest Sciences Inc. is a Canada-based biotechnology company. The Company offers Botanical Synthesis, its patented technology process to grow plant-based molecules, without the need to grow the underlying plant. The Company is leveraging its Botanical Synthesis technology to develop the next generation of science-based and clinically proven therapeutic solutions within two major business verticals: as a contract development and production organization (CDMO) on behalf of customers seeking complex molecules, and as a creator of proprietary nutraceutical health and wellness products, which includes dietary supplements. The Company operates through two segments: Nutraceuticals and Pharmaceuticals. The Company offers a polyphenol/antioxidant superfruit product called VINIA, which is a red grape powder that supplies the benefits of red wine consumption but without the sugar, calories and alcohol found in wine.


CSE:BHSC - Post by User

Post by NoRetireon Jun 08, 2021 9:40am
69 Views
Post# 33346889

Critical Milestones achieved

Critical Milestones achieved

BioHarvest Sciences Inc. Achieves Critical Milestones in the BioFarming of Cannabis

Newsfile Corp

Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - BioHarvest Sciences Inc. ("BioHarvest" or the "Company") (CSE: BHSC) announces today that it has successfully performed certain critical tasks necessary for the completion of its Cannabis development program. The Company has been adapting its unique and proprietary BioFarming technology, which enables the production of cannabinoids without growing the cannabis plant itself. Despite the many challenges caused by the Covid 19 pandemic, the Company's dedicated R&D team has stayed the course in its quest to bring to the world Cannabis-based products that will be leading edge in quality, consistency, and cleanliness at a uniquely competitive cost. BioHarvest expects to commercialize its first Cannabis-based products in the first half of 2022.

Throughout the development program, the Company has communicated multiple important milestones that not only demonstrate the feasibility of using BioHarvest's proprietary BioFarming technology for the production of Cannabis, but also the unique capabilities and knowledge of its R&D team. No other company has been able to grow Cannabis trichomes in liquid media. While other academic institutions have spent significant time and resources in this endeavor, none have been able to accomplish this major milestone, which is critical for utilizing biotech processes to produce Cannabis at industrial scale.

In February 2021, BioHarvest announced its unique scientific ability to optimize the production of trichomes in liquid media. This is critical as the trichome is the micro-factory that produces cannabinoids, flavonoids, and terpenes.

Over the course of the last three months, the Company has achieved a number of significant milestones including:

  1. Measurement Methods - BioHarvest has developed the required baseline scientific measurement methods to be able to evaluate the level of cannabinoids in its unique composition of cells with trichomes. There is no known industry standard in this regard, and given that BioHarvest's contribution is both novel and pioneering in this specific field, it has had to develop its own measurement methods. This requires significant knowledge and expertise that are unique to BioHarvest. The Company will utilize this knowledge throughout the development process, to measure the cannabinoid levels in the trichomes and the overall cell biomass.
  1. Nature of Trichomes - BioHarvest has been able to develop a unique configuration of cells with trichomes which it calls "Bio-Tricho-Bubbles" (Figure 1:) which is similar in appearance to what is called Ice Hash or Bubble Hash. Ice Hash/ Bubble Hash results from the mechanical separation of glandular trichome heads from raw Cannabis flowers (Figure 2:). BioHarvest's "Bio-Tricho-Bubbles" are similar in shape to Ice Hash/Bubble Hash but do not require a major mechanical process to separate out the glandular trichome heads from raw Cannabis flowers. BioHarvest's "Bio-Tricho-Bubbles" feature trichomes at a higher density than that of regular trichomes on a Cannabis plant (Figure 3:).
  1. Bioreactors - In parallel with continuing the commercialization process, and with its newly developed measurement methods, the R&D team is heavily focused on optimizing the cannabinoid levels in their unique "Bio-Tricho-Bubbles". For that purpose, a significant quantity of dedicated bioreactors (Figure 4:) are already in use producing cannabinoids. This is currently the highest priority of the R&D team where it will be applying its more than 50 people-years of cumulative experience of plant cell growth.
  1. Drying - Due to the unique "Bio-Tricho-Bubbles" composition of the BioHarvest cells with trichomes, the Company has commenced optimizing the drying process of these unique "Bio-Tricho-Bubbles" to minimize any potential damage to the trichome during the drying process.

cannot view this image? visit: https://orders.newsfilecorp.com/files/6168/86872_biohar1.jpg



Figure 1: BHSC - Unique Configuration "Bio-Tricho-Bubbles"



To view an enhanced version of Figure 1, please visit:

https://orders.newsfilecorp.com/files/6168/86872_biohar2.jpg

cannot view this image? visit: https://orders.newsfilecorp.com/files/6168/86872_biohar3.jpg



Figure 2: Bubble Hash - 99% Dry Mechanically Sifted Trichome Heads



To view an enhanced version of Figure 2, please visit:

https://orders.newsfilecorp.com/files/6168/86872_biohar4.jpg

cannot view this image? visit: https://orders.newsfilecorp.com/files/6168/86872_biohar5.jpg



Figure 3: Regular Trichome on Cannabis Plant



To view an enhanced version of Figure 3, please visit:

https://orders.newsfilecorp.com/files/6168/86872_biohar6.jpg

cannot view this image? visit: https://orders.newsfilecorp.com/files/6168/86872_biohar7.jpg



Figure 4: BHSC - "Bio-Tricho-Bubbles" Growing in Bioreactors



To view an enhanced version of Figure 4, please visit:

https://orders.newsfilecorp.com/files/6168/86872_biohar8.jpg

"We continue to make steady progress towards achieving our goals in the Cannabis vertical of the Company," said Ilan Sobel, CEO of BioHarvest, and added "We keep making history with our scientific and technological achievements in the area of plant-based cell growth. We try to communicate such achievements as frequently as possible, so as to reinforce the confidence of our shareholders. We understand the desire of the investment community to have such updates and we are consistently trying to maintain a balance between information disclosure and potential competitive impact. I am celebrating today my first anniversary at BioHarvest, and I have full confidence in our team to deliver on the goals we have set".

Yochi Hagay, CTO of BioHarvest, commented: "I am very proud of the achievements of my team. Despite all the hardship caused by the pandemic, which not only limited our capability to conduct proper work in the labs, but also restricted the availability of critical materials, the team was able to make the significant achievements described above. Plant biology is a complicated universe, but we have been consistently capable of navigating our way and delivering the required results. Obviously, biological research requires time, and we are not sparing any efforts to complete our tasks on time. I remain optimistic not only in demonstrating the feasibility of BioFarming Cannabis but also in the commercial production of cannabinoids based on our proprietary and patented plant cell growth technology".

Eitan Popper, former President & Co-Founder of MedReleaf, and current Chairman of BioHarvest's Advisory Board added: "The progress that BioHarvest's R&D team has made with Cannabis cells and Cannabis trichomes in particular, is both disruptive from an industry perspective and ground-breaking from a scientific point of view. Full scale-up and commercialization, appear to be closer than ever."

The Company is hosting a shareholder update conference via Zoom on July 8th at 2 PM Eastern Time where the achievements noted above will be discussed further. Register Now!


<< Previous
Bullboard Posts
Next >>