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Abattis Signs LOI With Kanabé to Provide a Full Suite of Downstream Cannabis Solutions to Their Premium Health and Wellness Products
Abattis Signs LOI With Kanabé to Provide a Full Suite of Downstream Cannabis Solutions to Their Premium Health and Wellness Products.
About this update from Abattis Bioceuticals Corp
[{"type":"text","content":"\n\n\n\nAbattis Signs LOI With Kanabé to Provide a Full Suite of Downstream Cannabis Solutions to Their Premium Health and Wellness Products\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAbattis Signs LOI With Kanabé to Provide a Full Suite of Downstream Cannabis Solutions to Their Premium Health and Wellness Products\nPR Newswire\nVANCOUVER, British Columbia, March 8, 2018\n\n\n\n\n\n\n\nVANCOUVER, British Columbia, March 8, 2018 /PRNewswire/ -- Abattis Bioceuticals Corp. (the \"Company\" or \"Abattis\") (CSE: ATT) (OTC: ATTBF) is pleased to announce it has signed a letter of intent (the \"LOI\") with Kanabé Corp. (\"Kanabé\") to provide Kanabé with cannabinoids as well as formulation, manufacturing, analytical and regulatory services to support the development and commercialization of Kanabé's products. Kanabé is a Calgary-based manufacturer of various health and wellness products, including topicals, sublingual oils and other skin-care products. Pursuant to the LOI, Abattis and Kanabé have agreed to negotiate in good faith the terms of a definitive research services agreement respecting the terms of their partnership.\n\n\"We hope our partnership with Kanabé will enable it to scale its manufacturing capacity, allowing it to enter new retail distribution channels, including storefronts throughout Canada and online stores. Kanabé's product line will focus on the adult-use market and will be based on Abattis's downstream cannabis solutions, resulting in a premium product and unparalleled customer experience\", stated Rob Abenante, President and CEO of Abattis. \"This is the latest example of our fully-integrated suite of services supporting manufacturers of cannabis- and hemp-infused products from formulation to distribution\", added Mr. Abenante.\n\n\"Kanabé believes this partnership will enhance our formulations, with access to Abattis's full range of services and industry leading technologies, and result in premium quality products. Concurrently with our work with Abattis, we are working to secure distribut...