Business
Westleaf Enters Exclusive Partnership with Industry Leader in Cannabis Derivative Product Research and Production
Westleaf Enters Exclusive Partnership with Industry Leader in Cannabis Derivative Product ...
About this update from Decibel Cannabis Company Inc
[{"type":"text","content":"\n\n\n\nWestleaf Enters Exclusive Partnership with Industry Leader in Cannabis Derivative Product Research and Production\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, March 18, 2019\n\n\n\nWestleaf and Xabis agree to exclusive Canadian engagement for manufacturing cannabis derivative products\n CALGARY, March 18, 2019 /CNW/ - Westleaf Inc. (TSX-V: WL) (\"Westleaf\"), is pleased to announce it has executed a term sheet with Xabis Inc. (\"Xabis\"), whereby Xabis has agreed, subject to execution of a definitive agreement, to provide expertise to the Company's Calgary cannabis extraction and production facility. The facility formerly known as Delta West, will be rebranded The Plant by Westleaf Labs (\"The Plant\") after Westleaf consolidated its interest in The Plant to 100%. Provided Health Canada issues the applicable license for The Plant, the extraction and production facility under construction in south east Calgary is expected to produce cannabis derivative products and, after legalization of such products which is expected later this year, consumables, topicals and other cannabis infused products, subject to and in compliance with provincial and federal regulations. \n\n \n \n\n \nXabis is a Colorado-based cannabis processing company which provides turnkey operations for companies in the mid-stream of the cannabis industry. With more than 150 years of collective experience, Xabis's team of PHDs and scientists manage, what in Westleaf's view, is the most technically difficult processes in the cannabis life-cycle, all aspects of the extraction and manufacturing of cannabis infused products. \nHighlights\nTapping into Industry Leading Expertise – Xabis is an industry leader in design, construction and management of cannabis extraction and manufacturing facilities, as well as product development: Xabis has run facilities in various states in the US for a total of 8 years of cumulative operating experience; and Xabis has developed more than two dozen different form factors (delivery syste...