Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX:
EMHTF), through its joint venture Emerald Health Naturals (“EHN”),
has introduced a cannabis-free herbal and botanical
endocannabinoid-supporting health supplement product line in
Canada. EHN’s Endo products, which do not contain cannabis or its
derivatives, aim to support the endocannabinoid system to help
maintain equilibrium in the body and are already available in over
200 natural health food stores across Canada.
The Endo product line includes Endo Brain, Endo
Sleep, Endo Calm, Endo Bliss, Endo Inflame and Endo Omega, and are
intended to foster overall health and wellness and potentially
enhance the body’s response to conditions such as stress, anxiety,
restless sleep, inflammation and pain. These products feature
PhytoCann® Complex, a proprietary formulation consisting of
non-psychoactive, plant-based bioactive compounds that support the
body’s endocannabinoid system. All products are manufactured
according to strict pharmaceutical quality standards.
“Many people who experience stress,
inflammation, and trouble sleeping, among other conditions, may be
seeking natural health alternatives to conventional medications.
While many are intrigued with the anecdotal benefits of cannabis,
often there is still reluctance to try cannabis-based products,”
said Dr. Gaetano Morello, Naturopathic Doctor, CEO of Emerald
Health Naturals. “The Endo product line was developed by leading
naturopathic doctors who previously launched new products into the
natural health market, and we are pleased to now introduce Canadian
consumers and retailers to this new nutritional supplement as an
alternative to existing drugs, supplements, and cannabis.”
“Apart from our strongly positioned presence in
the cannabis space, the Endo product launch allows us to uniquely
expand Emerald’s business opportunities by accessing natural health
product, pharmacy, and grocery stores, channels unavailable to
cannabis products, with our non-cannabis supplements,” said Dr.
Avtar Dhillon, President and Executive Chairman of Emerald. “We see
non-cannabis endocannabinoid-supporting products as the creation of
a distinct and significant new natural health product category.
Furthermore, our proprietary active ingredient, Phytocann® Complex,
offers the potential to be incorporated into an array of
supplements, foods, and beverages.”
Eighty percent of Canadians consume natural
health products each year1. Emerald aims to widely offer its Endo
products in retail outlets and is targeting more than 1,000 natural
health product stores, pharmacies and grocery stores in Canada by
the end of 2019.
Emerald’s joint venture partner, Emerald Health
Bioceuticals (“EHB”), formulated and launched the award-winning
Endo line in 2018. Several of the Endo products have since won
industry awards, including Taste For Life’s 2019 Essentials
Supplement Award, which recognizes the most outstanding natural
supplements in health and wellness in the United States. Over the
last year, EHB has secured multiple distribution and sales channels
for the Endo product line in the US, ranging from national grocery
chains such as Whole Foods Market to Amazon.com and over 1300
independent natural health product retailers.
In 2018, Emerald Health Therapeutics secured
Canadian distribution rights for the Endo product line through
Emerald Health Naturals, its 51:49 joint venture with EHB.
About the Endocannabinoid
System
The endocannabinoid system (“ECS”) is made up of
a network of receptor sites (CB1 and CB2) on cell membranes,
chemical activators (“cannabinoids”) that fit into those sites like
keys in locks, and enzymes that either synthesize those activators
or break them down. ECS receptors have been found on almost every
organ in the human body, with the highest concentration in the
brain and central nervous system. The ECS, as part of the body’s
innate balancing mechanism, has been shown to play a role in
regulating appetite, energy, metabolism, fertility, and immunity as
well as sleep, mood, pain perception and memory.
About the Endo Product
Line*
Emerald’s proprietary PhytoCann® Complex is an
herbal and botanical complex completely free of cannabis or its
derivatives.
Endo Brain - Naturally supports
mental acuity and cognition.
Endo Sleep – Naturally promotes
restful and rejuvenating sleep.
Endo Calm - Naturally addresses
your body’s response to stress and anxiety.
Endo Bliss - Naturally supports
a positive outlook and resistance to daily pressures.
Endo Inflame - Naturally
promotes your body’s healthy response to pain and inflammation.
Endo Omega - Provides nutritional co-factors in
precise ratios required by the body to produce omega-based
endocannabinoids, essential to the state of whole-body wellness,
promoting cardiovascular health, cognitive function, eye health,
vitality, and balance known as “homeostasis.”
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/484efbf1-9472-4254-b146-c57d1c202dad
*The statements made herein have not been
evaluated by Health Canada or the Food and Drug Administration.
This product is not intended to diagnose, treat, cure or prevent
any disease.
1 Fraser Institute, April 26, 2017, Complementary and
Alternative Medicine: Use and Public Attitudes 1997, 2006, and
2016
About Emerald Health
Therapeutics
Emerald Health Therapeutics, Inc. is a Canadian
licensed producer of cannabis. Its 50%-owned Pure Sunfarms joint
venture in BC is licensed and fully planted in the first of its two
1.1 million square foot greenhouses. The capacity of each
greenhouse is estimated to exceed 75,000 kg of cannabis annually.
Emerald’s Verdélite operation in Québec is completing the build-out
of its 88,000 square foot indoor cultivation facility and is
scaling up production. Emerald has contracted for approximately
1,200 acres of hemp in 2019 to 2022 with the objective of
extracting low-cost cannabidiol. Emerald has secured exclusive
strategic partnerships for large scale extraction and softgel
encapsulation, as well as for proprietary technology to enhance
cannabinoid bioavailability. Its team is highly experienced in life
sciences, product development, large-scale agri-business, and
marketing, and is focused on developing proprietary, value-added
cannabis products for medical and adult-use customers.
Emerald is part of the Emerald Health group,
which represents a broad array of companies focused on developing
pharmaceutical, botanical, and nutraceutical products aimed at
providing wellness and medical benefits by interacting with the
human body’s endocannabinoid system.
Please visit www.emeraldhealth.ca for more information or
contact: Marie-Eve Chaume, Director, Communications(514) 951
5498
Rob Hill, Chief Financial Officer (800) 757 3536 Ext. # 5
Emerald Investor Relations (800) 757 3536 Ext.
#5invest@emeraldhealth.ca
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking
Statements: Certain statements made in this press release that are
not historical facts are forward-looking statements and are subject
to important risks, uncertainties and assumptions, both general and
specific, which give rise to the possibility that actual results or
events could differ materially from our expectations expressed in
or implied by such forward-looking statements. Such statements
include availability and sales of products; the potential
incorporation of Phytocann® Complex into an array of supplements,
foods, and beverages; the efficacy of the Endo line; production and
processing capacity of various facilities; expansion of facilities;
acquisition of hemp; and anticipated production costs.
We cannot guarantee that any
forward-looking statement will materialize, and readers are
cautioned not to place undue reliance on these forward-looking
statements. These forward-looking statements involve risks and
uncertainties related to, among other things, failure to obtain
regulatory approvals; failure to obtain necessary financing;
results of production and sale activities; results of scientific
research; regulatory changes; changes in prices and costs of
inputs; demand for labour; demand for products; as well as the risk
factors described in the Company’s annual information form and
other regulatory filings. The forward-looking statements contained
in this press release represent our expectations as of the date
hereof. Forward-looking statements are presented for the purpose of
providing information about management's current expectations and
plans and allowing investors and others to obtain a better
understanding of our anticipated operating environment. Readers are
cautioned that such information may not be appropriate for other
purposes. The Company undertakes no obligations to update or revise
such statements to reflect new circumstances or unanticipated
events as they occur, unless required by applicable law.
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