Licensed Producers Are Going Global, But This One Stands Out -- CFN Media
SEATTLE, WA--(Marketwired - Oct 11, 2017) - CFN Media Group ("CannabisFN"), the leading creative agency and media
network dedicated to legal cannabis, announces publication of an article covering Harvest One Cannabis Inc.'s (TSX VENTURE: HVST) tremendous progress in growing its international
footprint. The company's wholly-owned United Greeneries subsidiary is awaiting approval from Health Canada for its ACMPR license
to sell, but its wholly-owned Satipharm AG business has established an impressive presence in Europe, Australia, Canada, and
Israel.
Satipharm's CBD Capsules
Satipharm AG is a Swiss firm specializing in developing medical cannabis brands leveraging its oral delivery technologies. The
company's flagship Gelpell-CBD Microgel Capsules are available in either 10mg, 50mg, or 100mg doses of cannabidiol ("CBD") and
available in a growing number of markets around the world. The established legal status of CBD means that these products can be
sold in a wide array of markets that are off limits to THC-based brands.
The capsules are produced with cannabis extracts from its partner -- AI FAME GMBH / Ai LABS SWISS AG -- and fulfills all
criteria of the European Pharmacopoeia with 92% purified CBD and no THC or other cannabinoids. Once extracted, the cannabinoids
are processed under an exclusive technology use agreement by Gelpell AG, which substantially enhances the bioavailability of the
cannabinoids after consumption. Bioavailability is one of the vexing issues surrounding cannabinoid therapies as the active
ingredients are degraded by metabolic processes in the body. Gelpell's micro-bead technology ensures delivery and dose accuracy
under these conditions.
These capsules are available over-the-counter and are being used in two separate Phase 2 clinical trials being conducted
through PhytoTech Therapeutics. The company also received approval for the manufacturing of THC-based products in Switzerland
with the goal of developing new formulations to offer medical cannabis patients in Canada and Australia by the first half of next
year -- opening the door to even more opportunity.
Expanding Presence in Europe
Satipharm announced earlier this year that
its Gelpell-CBD Microgel Capsules were available in all pharmacies throughout Germany. The company also announced that it signed
a letter of intent with a leading pharmaceutical distributor and retailer in Denmark for distribution throughout Scandinavia. The
company anticipates that the partnership will provide direct access to hundreds of thousands of potential customers through
targeted campaigns.
More recently, the company announced that it received a
"Free Sale Certificate" from German authorities that reduces constraints for international exports and removes regulatory trading
impediments with other EU jurisdictions. The company's CBD capsules are considered a "food supplement", which makes it the only
company in Europe with a GMP-grade nutraceutical CBD product. Management expects to see an increase in demand across Europe as a
result.
The company has also been actively expanding its distribution network with a focus on Germany, Denmark, the UK, Ireland, the
Netherlands, Spain, and Austria. In these countries, the company's CBD capsules are available in several online shops, on Amazon,
in mail order pharmacies, and in conventional brick-and-mortar pharmacies. Sales have started to rise in the months following the
expansion with "sizable contracts" already in place.
Looking Ahead
Satipharm has successfully developed several key marketing channels throughout Europe and Australia. With United Greeneries
applying to become a licensed dealer Harvest One could soon expand into Canada as well. The approval of United Greeneries as a
licensed dealer could similarly enable it to access international markets through relationships that Satipharm has built over the
past several years.
Please follow the link to read the full article: http://www.cannabisfn.com/licensed-producers-going-global-one-stands/
About CFN Media
CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana
businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and
brands in the US and Canada rely on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your
iPhone: http://www.cannabisfn.com
Disclaimer:
Except for the historical information presented herein, matters discussed in this release contain forward-looking statements
that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results,
performance or achievements expressed or implied by such statements. Emerging Growth LLC, which owns CFN Media and
CannabisFN.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to
provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a
position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific
investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form
of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full
disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/