WeedMD Inc. (
TSX-V:WMD)
(OTCQX:WDDMF) (FSE:4WE) (“
WeedMD”
or the “
Company”), a federally licensed producer
and distributor of medical-grade cannabis, is pleased to announce
it has expanded its North Star Wellness Virtual Patient Care
Program and access to its Starseed Medicinal products to Atlantic
Canada under the purview of New Brunswick-based physician, Dr.
Julie Hildebrand.
Dr. Hildebrand, widely recognized in the region
for specializing in cannabis medicine and education, will work with
patients and benefits providers in New Brunswick, Nova Scotia,
Prince Edward Island and Newfoundland. Dr. Hildebrand will connect
with patients in one of the country’s fastest-growing medical
cannabis markets, leveraging her extensive clinical expertise in
chronic pain and diabetes.
“Expanding our coverage area to Atlantic Canada
alongside a leading cannabis medicine advocate such as Dr.
Hildebrand, will introduce more patients to Starseed’s unique
medical platform and portfolio of treatment options,” said Angelo
Tsebelis, CEO of WeedMD. “Together with our North Star Wellness
Virtual Patient Care Program, we will continue providing
consultations to new and existing patients through an advanced,
accessible healthcare platform. With medical cannabis therapies and
product advancements on the rise, we applaud Dr. Hildebrand as a
strong cannabis proponent.”
Echoing the necessity for solutions that improve
upon traditional access, Dr. Peter Blecher, Chief Medical Officer
of WeedMD and North Star Wellness Clinics added: “The Atlantic
region’s healthcare system is overburdened with opioid addiction
and the need for alternate therapies. Dr. Hildebrand will provide
extended assessments to patients seeking standardized treatment and
dosing options, as well as a platform to assist patients if their
primary care providers are unavailable.”
Dr. Hildebrand is a physician with more than 30
years of biomedical research and medical experience. She is widely
published in over 40 communications, papers and publications on
cannabis medicine as a new therapy, effects of opioid addiction,
methadone treatment analysis, mental health and addiction. A
fluently-bilingual researcher and professor, she is the medical
director of the Methadone Maintenance Therapy Program at Saint
Joseph’s Hospital in Saint John, NB. Dr. Hildebrand holds a B.Sc.
in Biology (specialty in Physiology-Toxicology) and an MBA from the
Université du Québec à Montréal (UQAM), and is a PhD candidate in
Management and Technology from UQAM, McGill University and
Concordia University. She obtained her Doctorate in Medicine from
the Université Laval along with a specialty in Family Medicine. She
also holds a Medical Licence in Opioid Dependence Treatment
Certificate – CAMH – University of Toronto.
“Physicians have a responsibility to carefully
assess and educate patients on treatment options that may be most
effective to improve their health and quality of life. It’s our
duty to become well-informed and counsel patients on all available
medicines and treatments that can provide the highest level of
care,” said Dr. Hildebrand. “The Starseed platform is designed to
enable physicians to provide that high-bar support with cannabis,
particularly as an exit treatment for chronic opioid use. I’m proud
to collaborate with WeedMD on this important work in my home region
in Atlantic Canada.”
Starseed Unique Pharmacy Model and the North
Star Wellness Program
Starseed’s medical marketplace is a
revolutionary Canadian system built around a virtual pharmacy
system that takes online orders and intuitively completes the
claims management process seamlessly with insurance carriers. The
North Star Wellness platform connects healthcare professionals with
patients and provides medical management, education and streamlined
access to clinical services. All WeedMD and Starseed medical
patients have free access to North Star’s full suite of services.
Since its launch in 2017, the platform has continued to expand and
now offers its Virtual Patient Care Program as the sector
transitions into virtual healthcare. North Star Wellness is a
wholly owned affiliate of WeedMD. Information about
upcoming corporate events can be found here. Access WeedMD’s latest
investor deck here.
About WeedMD Inc.
WeedMD Inc. is the publicly-traded parent
company of WeedMD RX Inc. and Starseed Medicinal Inc., licence
holders producing and distributing cannabis products for both the
medical and adult-use markets. The Company owns and operates a
158-acre state-of-the-art greenhouse, outdoor and processing
facility located in Strathroy, Ontario as well as a fully-licensed
26,000 sq. ft. Aylmer, Ontario processing facility, specializing in
cannabis extraction. With the addition of Starseed, a
medical-centric operator based in Bowmanville, Ontario, WeedMD has
expanded its multi-channeled distribution strategy. Starseed’s
industry-first, exclusive partnership with LiUNA, the largest
construction union in Canada, along with other employers and union
groups complements WeedMD’s direct sales to medical patients. The
Company maintains strategic relationships in the seniors’ market
and supply agreements with Shoppers Drug Mart as well as seven
provincial distribution agencies where adult-use brands Color
Cannabis and Saturday are sold.
Follow WeedMD, Color Cannabis &
Starseed:
LinkedIn: https://ca.linkedin.com/company/weedmdTwitter: https://twitter.com/WeedMDInstagram: https://www.instagram.com/weedmd/Instagram: https://www.instagram.com/callitcolor/&Instagram: https://www.instagram.com/starseedca/
For further information, please
contact:
For Investor Enquiries:Valter
PintoManaging Director KCSA Strategic
Communications1-212-896-1254weedmd@kcsa.com
For Media
Enquiries: Victoria
DekkerCommunications & Corporate
Affairs1-506-962-6565victoria.dekker@weedmd.com
Forward Looking Information
This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation which are
based upon WeedMD's current internal expectations, estimates,
projections, assumptions and beliefs and views of future events.
Forward-looking information can be identified by the use of
forward-looking terminology such as "expect", "likely", "may",
"will", "should", "intend", "anticipate", "potential", "proposed",
"estimate" and other similar words, including negative and
grammatical variations thereof, or statements that certain events
or conditions "may", "would" or "will" happen, or by discussions of
strategy.
The forward-looking information in this news
release is based upon the expectations, estimates, projections,
assumptions and views of future events which management believes to
be reasonable in the circumstances. Forward-looking information
includes estimates, plans, expectations, opinions, forecasts,
projections, targets, guidance or other statements that are not
statements of fact. Forward-looking information in this news
release include, but are not limited to, statements with respect to
internal expectations, expectations with respect to actual
production volumes, expectations for future growing capacity and
the completion of any capital project or expansions.
Forward-looking information necessarily involve known and unknown
risks, including, without limitation, risks associated with general
economic conditions; adverse industry events; loss of markets;
future legislative and regulatory developments; inability to access
sufficient capital from internal and external sources, and/or
inability to access sufficient capital on favourable terms; the
cannabis industry in Canada generally; the ability of
WeedMD to implement its business strategies; the COVID-19 pandemic;
competition; crop failure; and other risks.
Any forward-looking information speaks only as
of the date on which it is made, and, except as required by law,
WeedMD does not undertake any obligation to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise. New factors emerge from
time to time, and it is not possible for WeedMD to predict all such
factors. When considering this forward-looking information, readers
should keep in mind the risk factors and other cautionary
statements in WeedMD's disclosure documents filed with the
applicable Canadian securities regulatory authorities on SEDAR at
www.sedar.com. The risk factors and other factors noted in the
disclosure documents could cause actual events or results to differ
materially from those described in any forward-looking
information.
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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2d1975c3-ebc1-4c61-8237-4c1fa237deda
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