NanoSphere Health Sciences Inc. is pleased to announce work has begun on the production facility for NanoSphere’s products in Canada, based at the Delta 9 Cannabis Inc. (TSXV: NINE) (OTC: VRNDF) facility in Winnipeg, Manitoba.
“We’re working hard to get production underway in April, with the goal of getting final approval for the first sales of NanoSphere products before summer,” said NanoSphere CEO Robert Sutton. “This will be the first time our cannabis-related products will be sold outside the United States, so it’s a major and very exciting step for the Company.”
NanoSphere signed a Definitive Master Licensing Agreement with Delta 9 in January, 2019, in a deal that opens the Canadian market to NanoSphere’s groundbreaking delivery technology.
Recently awarded U.S. Patent No. 10,028,919, NanoSphere has been granted market exclusivity over the standardized delivery of cannabis through phospholipid nanoparticle technology, known as the NanoSphere Delivery System™.
The two companies have begun working on the first product for Canada - an intraoral cannabis oil under the Company’s Evolve Formulas brand - containing cannabinoid nanoparticles.
Delta 9’s construction team have now constructed and put in place the proprietary Delta 9 Grow Pods, adapted to provide laboratory and production space for the NanoSphere product lines. Most of the lab equipment has arrived at the Winnipeg facility, and NanoSphere’s science team has prepared a custom formulation that meets Health Canada’s stringent requirements.
“This new product line we’re developing with NanoSphere is a key part of our strategy to become a vertically integrated cannabis company,” explains Delta 9 CEO John Arbuthnot. “We have been aggressively expanding production and our cannabis retail network, and the next logical step for us is to develop and distribute value added cannabis products that are unique to the Canadian market.”
NanoSphere’s groundbreaking delivery system works by nano-encapsulating active ingredients in phospholipid membranes for transportation through the skin and mucosa into the bloodstream within minutes. Cannabis applications of the technology into intraoral products will provide rapid results, precise dosages and high bioavailability. This cutting-edge advancement eliminates the need for inhalation or ingestion of cannabis, offering users a safer and more effective method of consumption.
Gary Symons, President of the Company’s cannabis division, NanoSphere Cannabis International, says the development of these products paves the way for an entirely new form of consumption for both medical and recreational consumers of cannabis.
“NanoSphere products provide for the first time a truly effective way to deliver medical cannabis, with precise dosage, better bio-availability, and without essentially having to ‘smoke your medicine’,” Symons said. “This will revolutionize treatment of a variety of medical conditions with cannabis, but on the recreational side we can provide a healthier alternative to smoking or vaping cannabis, that still gives you the same or better effect.”
The NanoSphere team expects to be in Winnipeg in late March and early April to facilitate the final installation of the necessary equipment, and to train Delta 9 staff in the production process. Any media representatives wishing to arrange interviews with NanoSphere personnel can do so through the contacts listed below.
For more information on NanoSphere, please visit http://www.nanospherehealth.com.