Isodiol Signs LOI To Import Cannabidiol To Canada From UK With Nuuvera

CANADA:  Isodiol and Nuuvera have agreed to import 99%+ pure, bioactive pharma-grade cannabidiol (‘CBD’) isolate into Canada from Isodiol’s GMP-certified production facility in the United Kingdom.  The product, certified as a pharmaceutical-grade, will be imported into Canada through Nuuvera’s subsidiary, ARA – Avanti Rx Analytics, a Health Canada GMP-certified laboratory holding a dealer license under the Narcotic Control Regulations and Office of Controlled Substances.

“Since establishing Isodiol, we have focused on developing and marketing the highest quality, raw material for use in a range of proprietary, pharma grade nutritional and health related remedies,” said CEO of Isodiol, Marcos Agramont.  “We are very pleased that our new partner, Nuuvera, which brings to the table extensive knowledge and expertise in the fields of quality control, cannabis extraction, purification, product development and R&D, shares Isodiol’s vision for an industry built upon quality, consistency, safety, and ultimately, efficacy.  Isodiol and Nuuvera are at the global forefront of innovation in the cannabis industry, and the ability to import to Canada is truly ground-breaking for both companies.”

Under the LOI terms, Nuuvera will import to Canada a Isodiol’s CBD isolate and conduct analytical testing in its Toronto-area laboratory to ensure that the product conforms to Isodiol’s rigorous product specifications. Nuuvera intends, ultimately, to import up to 30,000 kg of CBD isolate per month for the purposes of R&D, product formulation and production of pharma-grade derivative products.  Through its licensed subsidiaries, Nuuvera intends to then sell such products in Canada and via export to appropriately licensed international medical cannabis jurisdictions.

Marijuana Stocks Pose Investor Risk, Canada Watchdogs Say

CANADA:  Canada’s securities watchdogs are warning investors to be wary of publicly traded companies with ambitions to grow and sell medical marijuana after a rush of at least 13 firms into the industry.

Investors may be at risk if they buy into small or previously inactive stocks seeking to enter the business after Canada moved to commercial production of the drug on April 1, Canadian Securities Administrators said today in a statement. The change was designed to replace home-grown medical marijuana.

Investor interest in marijuana stocks has soared as regulatory changes in Canada and parts of the U.S. have opened the door to legal business opportunities. There about 13 marijuana-related companies on the junior Canadian Securities Exchange, according to James Black, a Vancouver-based vice president of listing development for the exchange. The TSX Venture Exchange lists one stock.

William Watson: A Look at Canada’s Marijuana Market After Legalization (Opinion)

CANADA: The Boards may engage in advertising campaigns, sending out glossy magazines informing consumers which types of marijuana go best with which types of food, wine and munchies.

So. what will the marijuana market look like after Prime Minister Justin Trudeau legalizes the drug in 2018? [Read more…]