PR Newswire
BioHarvest Sciences Inc. ("BioHarvest" or the "Company") (CSE: BHSC) announces it has appointed top-ranked law firms, DLA Piper and GOWLING WLG, to assist the Company in fulfilling all required compliance mandates and regulatory approvals to produce and commercialize Cannabis and hemp products in the US and Canada, respectively.
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With the Company's application of its BioFarming technology to Cannabis and hemp continuing to outpace expectations, retaining legal counsel with experience and expertise in the US and Canadian Cannabis and hemp industries has become a priority for the Company. After an extensive selection process, both DLA Piper and Gowling WLG have demonstrated the broad knowledge, creative thinking, and legal acumen to provide BioHarvest with the necessary guidance and strategic support to ensure regulatory compliance in these two key markets.
Dr. Rhona Applebaum, Ph.D., a widely recognized and experienced leader at the nexus of industry, government, and civil society, led the selection process. Dr. Applebaum, who joined BioHarvest in November 2020 as a senior consultant, is now expanding her role to head all the Cannabis regulatory affairs in North America.
Lewis Retik, a partner at GOWLING WLG, said: "In recent years, BioHarvest has emerged as a major disruptor in the global nutraceutical and Cannabis sectors. GOWLING WLG is excited by the opportunity to help BioHarvest build upon this legacy, including its mission of introducing its sophisticated plant cell technology to Canada's Cannabis industry."
Ilan Sobel, CEO of BHSC, said: "We have recently reached critical milestones in our Cannabis and cannabinoid development program that underscore the urgency of obtaining all the necessary legal and regulatory approvals. Cannabis and cannabinoids represent an important vertical for BioHarvest. With our technology, we believe we can help meet the demand for high quality, consistent and sustainable medicinal and wellbeing products. The US and Canadian Cannabis markets represent major opportunities for the Company. Consequently, we are focusing our efforts on these two critical markets. We are certain we can benefit from the guidance and support of DLA Piper and Gowling WLG, two exceptional law firms with proven track records in navigating this sector."
Eitan Popper, Chairman of BioHarvest's Board of Advisors and co-founder and previous President of MedReleaf, stated: "The current Cannabis regulatory environment in North America requires careful and expert navigation. To that end, I am confident in the abilities of Dr. Rhona Applebaum, Senior Consultant for Regulatory and Environmental Affairs, who will lead these efforts in concert with DLA PIPER and GOWLING WLG. As BioHarvest gets closer to full scale-up, and subsequently the commercialization of its Cannabis and hemp products, regulatory compliance is key."