Liberty Leaf Holdings' Subsidiary North Road Ventures Signs Agreement with Cannabis Compliance Inc. to Facilitate In-House GM...
01 März 2018 - 4:57PM
InvestorsHub NewsWire
Liberty Leaf Holdings’
Subsidiary North Road Ventures Signs Agreement with Cannabis
Compliance Inc. to Facilitate In-House GMP-Compliant
Manufacturing
Company on track to produce finished cannabis
products such as edibles, cosmetics, topicals, human and veterinary
natural health products.
Vancouver, BC -- March 1, 2018 -- InvestorsHub
NewsWire: Will Rascan, President and CEO of
Liberty Leaf Holdings Ltd. (CSE:
LIB) (OTCQB:
LIBFF) (FSE:
HN3P) (“Liberty Leaf” or “the
Company”), announced today the signing of an agreement
between North Road Ventures, a wholly-owned subsidiary of the
Company, and Cannabis Compliance Inc. (“CCI”). Under the terms of
the agreement, CCI will be responsible for shepherding the Good
Manufacturing Practice (GMP)-compliant processing/production of
North Road’s cannabis-containing and other finished products.
Liberty Leaf is a Canadian-based public company whose objective
is to be at the forefront of the cannabis industry, accelerating
vertically integrated, revenue-generating businesses within this
rapidly growing sector.
Canada is the only G7 country to legalize (expected to occur
this summer) both medical and recreational cannabis on a national
level. To facilitate this, Canada has established the most
stringent requirements for commercial production found anywhere.
Achieving compliance means following strict protocols regarding
security system designs and procedures, quality assurance programs,
record keeping, sanitation and standard operating procedures.
At the heart of these requirements are GMPs that ensure the
manufacture of finished products that are safe and of a
consistently high quality for their intended use.
With more than a decade of extensive experience in cannabis
compliance matters, CCI is the ideal partner for guiding North Road
to successful authorized/licensed GMP manufacture of finished
products, especially cannabis and cannabis-containing products.
A GMP Manufacturing Facility Expected to Deliver on
Tremendous Promise
“We are extremely excited to be working with CCI in establishing
GMP manufacturing capabilities in-house,” said Robert Jackman,
Scientific Project Manager/Fulfillment for the Company. “This opens
the door for North Road to obtain industry certification and
regulatory authorization and/or licensing, as needed. It
facilitates the manufacture and sale of a wide range of
medicinal-quality products for both human and veterinary use
– not just cannabis and cannabis-containing finished
products.”
A Unique Distribution Strategy and Expansion into
Natural Health Products
North Road Ventures has a distribution strategy that has not
been implemented by any other organization in the cannabis
industry.
“North Road plans to make available to both pharmacies and
licensed retailers our exclusive medicinal-quality cannabis,
cannabis-related products and racking jobber service,” Rascan said.
“The ability for us to expand on our model by including Natural
Health Products (NHPs) for human and veterinary use as well as
cosmetics/beauty products, topicals, concentrates, foods/edibles
and other high-quality products for distribution holds tremendous
growth potential for our company.”
According to Rascan, these new developments represent an
extension of North Road’s existing business model. CCI’s efforts in
helping the Company acquire new licenses will be complementary to
the Company’s current ACMPR license application.
About Liberty Leaf
Liberty Leaf Holdings Ltd. is a Canadian-based public company
whose focus is to build and support a diversified portfolio of
cannabis sector businesses, including cultivation, processing,
value-added CBD/THC pet products and supply chain products within
this dynamic and fast-growing sector.
Liberty Leaf’s late-stage ACMPR portfolio consists of a 60%
interest in Just Kush and 100% of North Road Ventures.
For further info on the Company please visit http://www.libleaf.com or email info@libleaf.com.
On behalf of the Board
Will Rascan, President & CEO
Liberty Leaf Holdings Ltd.
Phone: 778-819-0244
Twitter: @LibertyLeafCSE
Facebook: LibertyLeafCSE
Neither the Canadian Securities Exchange nor its Market
Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future
events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements. The Company disclaims any intention or obligation to
revise or update such statements.
Contact Information:
700-838 W Hastings Street
Vancouver, B.C. V6C 0A6
Telephone: (778)
819-0244
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