- Canada-based Willow Biosciences and U.S.-based Noramco are teaming to biosynthetically produce and market pharmaceutical-grade cannabidiol (CBD)
- The companies expect to deliver yeast-cultivated CBD as a low-cost, ultra-pure alternative to cannabis cultivation that avoids large-scale plant waste from greenhouse processes
- Yeast-grown pharmaceutical ingredients have long served as fodder for insulin and other important drugs; the growing interest in cannabis as a therapy is driving a booming new market
The sea change in societal attitudes about cannabis, accompanied by the opening of governmental regulatory doors for its use (http://nnw.fm/DpU6B), has spawned a land rush by corporate interests set on staking out market territory for business development (http://nnw.fm/x1Vrv). The so-called “green rush” began when chronically ill patients reported that cannabis properties provided accessible relief for select conditions. Now, InvestmentPitch Media is reporting in a new video that cannabis industry newcomer Willow Biosciences Inc. (CSE: WLLW) can deliver high yields of ultra-pure, low-cost cannabinoids to an evolving market utilizing proprietary biosynthetic processes.
The video (http://nnw.fm/ebN5C) highlights a recent joint development agreement between Alberta, Canada-based Willow Biosciences and Delaware-headquartered Noramco that will build on…
NOTE TO INVESTORS: The latest news and updates relating to WLLW are available in the company’s newsroom at http://nnw.fm/WLLW
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