CannAssist (OTCQB: CNSC), a biotechnological pharmaceutical and wellness company, rapidly garnered a reputation and loyal following due to its innovative technology and proprietary product line, marketed through its Xceptol consumer brand. The company was founded in May 2017 and moved to the forefront of the cannabidiol industry following the passing of the 2018 Farm Bill, whereby the United States effectively decriminalized the cultivation and use of hemp and its derivative products. The global cannabidiol (“CBD”) industry has since surged to new heights, set to rise from a market value of $4.6 billion in 2018 to an estimated $23.6 billion by 2025 (https://www.cnw.fm/mpBVJ). A recent article discusses the company’s positioning in this market. It reads, “In a sector which has seen its ranks rapidly swell given an influx of new entrants, CannAssist’s wholly owned Xceptor Labs has sought to differentiate itself through the use and development of its CiBiDinol technology. CiBiDinol technology is comprised of a proprietary process specifically designed to address a number of the shortcomings currently afflicting oil-soluble CBD molecules – namely, the delivery, bioavailability and short shelf-life.”
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About CannAssist International Corporation
CannAssist, the parent company of Xceptor Labs, produces and sells its CiBiDinol technology, formulated using a proprietary process developed by the company’s founder, Mark Palumbo. Research and development aimed at enhancing the bioavailability of oil-soluble molecules resulted in the company’s CiBiDinol technology. CiBiDinol is the driving force behind CannAssist’s Xceptol brand of consumable and topical products. Possessing a National Drug Code (“NDC”), the highest quality ingredients and the game-changing CiBiDinol, Xceptol Pain Cream is a CBD product with industry defining reliability and compliance. CannAssist believes Xceptol represents the next step for CBD products. CBD is a non-psychoactive compound found in hemp. View the company’s products on RangeMe, an online platform that enables retail buyers to efficiently discover consumer-ready, innovative and emerging products while empowering suppliers to manage and grow their brands with the tools, insights and services they need. For more information, visit the company’s website at www.CannAssistInternational.com.
NOTE TO INVESTORS: The latest news and updates relating to CNSC are available in the company’s newsroom at https://cnw.fm/CNSC
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