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Abattis Bioceuticals Corp ATTBF

Abattis Bioceuticals Corp is a Canadian life science and biotechnology company focuses on aggregating, integrating and investing in agricultural technologies and biotechnology services for the legal cannabis industry. It is primarily engaged in producing, licensing and marketing proprietary ingredients and formulas for use in the biopharma, nutraceutical, cosmetic and animal nutrition markets. The company is also engaged in growing, extraction, testing, propagation and online distribution.


GREY:ATTBF - Post by User

Bullboard Posts
Post by fasttrack5on Dec 11, 2018 11:59am
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Post# 29097447

News release

News release
delivery
   
Comfort Launch by Vergence Naturals Exceeds Expectations
2018-12-11 08:00:14 AM ET (GlobeNewswire)
   
   

Abattis Bioceuticals Corp. (the "Company" or "Abattis") (CSE:ATT) (OTC:ATTBF) is pleased to provide an update on the recent soft-launch of its cannabinoid-infused nutraceutical Comfort ("Comfort") through the Company's wholly-owned subsidiary, Vergence Naturals ("Vergence"), on Cyber-Monday, November 26, 2018.

"The launch was an outstanding success," according to Logistics Coordinator Mark Taylor of TandT Marketing. "Our goals for the soft launch were to test the ordering, payment and fulfillment systems by opening the e-commerce platform for only a few minutes. The immediate orders from Canadian and USA customers flooded the portal and demonstrated the need for greater bandwidth on both the ComfortByVergence.com and ComfortByVergence.ca e-commerce websites. Because of this, the sites were taken down to be re-tooled and are ready for this year's holiday shopping season."

Canada One Communications Inc. ("Canada One"), an Abattis media partner, quotes WorkArea.com in selecting Monday as the best day for e-commerce site sales. "The trend is that people shop online more on Mondays. Online shoppers love Mondays. The first day of the typical workweek produces more online retail sales from more shoppers who converted at a higher rate. Mondays generated over 16% of weekly revenue on average. Revenue generated on Mondays is 10% higher than Sunday, the second-best revenue generator."

These statements are supported by Jelly Marketing, a Canadian social media and digital advertising firm located in Vancouver, BC. Jelly Marketing is another media partner for Vergence and Comfort. Jelly manages the Canadian digital advertising and Social Media marketing. "We will use the data collected in the test-window on Cyber Monday to orchestrate a full digital and social media blitz for Comfort on the ComfortByVergence.ca website beginning on Monday, December 10."

The orders for Comfort were predominantly Canadian, with orders from the United States representing 42% of sales. Commenting on the sales balance for this revolutionary product, Steve Syatt of SSA Public Relations ("SSAPR") in Los Angeles, California noted the openness of Canadians to using cannabis-like substances to manage pain. "The long history of medical cannabis use in Canada has generated an acceptance not yet seen in every state in the United States. So, we are focusing on the message, 'Cannabis without the Cannabis' as Comfort contains phytocannabinoids from non-cannabis plants." SSAPR is managing the Social Media and Digital Advertising for ComfortByVergence.com in the United States.

"I am excited to join with Abattis in the establishment of Vergence, as an innovative health and wellness brand. Comfort uniquely blends phytocannabinoids from non-cannabis plant species to deliver safe and effective relief from occasional pain. We look forward to sharing this extraordinary remedy to adults throughout North America," said Dr. Brazos Minshew, President of the Abattis Medical Advisory Board.

"Dr. Brazos Minshew has worked tirelessly throughout his distinguished career in medicine to create herbal remedies focusing on the endocannabinoid system and phytocannabinoid science. Comfort is the result of Dr. Minshew's intense experience in this critically important area of wellness and we are proud to work together to introduce his latest achievement to the public," said Abattis' President and CEO, Rob Abenante.

The extraordinary response to the soft-launch demonstrates the Company's ability to effectively execute a successful product launch as well as pointing out the significant demand for Comfort in both the Canadian and United States marketplaces as the cannabis industry continues to develop.

About Abattis Bioceuticals Corp.

Abattis is a life sciences and biotechnology company which aggregates, integrates, and invests in cannabis technologies and biotechnology services for the legal cannabis industry developing in Canada. The Company has successfully developed and licensed natural health products, medicines, extractions, and ingredients for the biological, nutraceutical, bioceutical, and cosmetic markets. The Company is also seeking to acquire exclusive intellectual property rights to agricultural technologies to be employed in extraction and processing of botanical ingredients and compounds. The Company follows strict standard operating protocols and adheres to applicable laws of Canada and foreign jurisdictions.

ON BEHALF OF THE BOARD,

ABATTIS BIOCEUTICALS CORP,


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