AgraFlora Organics's wholly-owned subsidiary, Canutra Naturals has been awarded a cannabis research licence by Health Canada under the Cannabis Regulations Act. The Research License permits Canutra to pursue the development of proprietary cannabis genetics and phenotypes at its flagship 76-acre campus in Kent County, New Brunswick.
"In conjunction with the Canutra’s existing cannabis research and development partnership with the Université de Moncton (“UM”), the company will leverage its recently awarded Research License to augment its portfolio of unique cannabis genetics and phenotypes," the team with the company explains. "Canutra intends to utilize its proprietary cannabis genetics and phenotypes as base-inputs for its suite of premium, cannabinoid-infused cosmetics, which are presently marketed across North America, the People's Republic of China and the Hong Kong Special Administrative Region."
The company also continues to achieve material advancements throughout its IP development and aggregation initiatives, including:
- High CBD hemp cultivation techniques;
- Advanced extraction methodologies;
- Cultivar development;
- Inoculation formulations; and
- Proprietary cannabinoid profiles for future skin care product lines.
"By way of its wholly-owned, cannabinoid-infused cosmetics/topicals subsidiary, Canutra, AgraFlora is equipped with robust cultivation, extraction, manufacturing and distribution capabilities from the company's New Brunswick facility," they further explain. "Canutra owns and operates 76 acres of unzoned, arid agricultural land, including 1,000 feet of river frontage."
"The New Brunswick campus, formerly a federally owned farm and research facility, boasts over 17,500 square feet of commercial-grade production facilities, as well as 12 separate free-standing structures."
Canutra manufactures and distributes premium personal care, cosmetics and cannabinoid-infused product lines including a suite of trusted consumer brands such as Whole Hemp Health; a Canadian all-natural, hand-made skin care line, formulated with 100-per-cent-Canadian organic hemp seed oil. Canutra markets its Whole Hemp Health products by way of brick-and-mortar retail outlets, Amazon Prime, as well as direct to consumer, through an integrated Shopify e-commerce platform.
Brandon Boddy, Chairman and Chief Executive Officer of AgraFlora stated: “Canutra's plan to create unique and functional farm to face skin care product offerings is sure to boost an already expanding sector. The North American cannabis industry is forecasted to grow to US$19 billion by 2020 and Canutra is tactically positioned to capture signature market share.
The combination of pharmaceutical and cosmetics expertise affords Canutra a strategic advantage within the rapidly growing hemp and cannabis research space and industries. We are most confident the Canutra team with be able to develop world-class products that will excite even the most demanding of consumers.”
For more information:
AgraFlora Organics
agraflora.com