Business
KRTL and Yuhan to Begin the Development of Products Between Korea and the US
KRTL and Yuhan to Begin the Development of Products Between Korea and the US.
About this update from Krtl Holding Group, Inc
[{"type":"text","content":"\n Lakewood, CO, Dec. 05, 2022 (GLOBE NEWSWIRE) -- KRTL Holding Group, Inc. (OTC: KRTL) an innovator and pioneer in developing industry leading cross-over tradecraft and proprietary technology and methodology in the hemp, cannabis, psilocybin, and alternative wellness sectors, is pleased to announce that its wholly owned subsidiaries, KRTL International Corp and KRTL Biotech Inc. (“KRTL”), have entered into a memorandum of understanding (MOU) for the development of industry-differentiated commercial CBD and other cannabinoid based products with Yuhan Care, a subsidiary of Yuhan Corporation, a global pharmaceutical company founded in 1926. Inspired by the hardship that their founder Dr. Ilhan witnessed under Japanese Imperialism, Yuhan Corporation was started with the belief that only healthy people could reclaim their sovereignty and he sought to solve widespread public health problems based on that mission. Today, Yuhan Corporation is a highly respected corporation holding the distinction of Korea’s #1 Pharmaceutical Company award for 20 consecutive years. Taken over the research competence of Yuhan Corporation, Yuhan Care specialize in natural health products. They have the capability of supercritical extraction and cannabinoid efficacy research to get high purity CBD extract, and this led them to be the first representative of CBD research in Korea’s Hemp Free Zone approved by the government. This has given Yuhan license to be the first exporter of Korea CBD (K-CBD) into the US, as well as the first importer bringing US-based CBD products into Korea. Yuhan’s position in the Korea Hemp Free Zone has strong synergy with KRTL’s presence in that space and KRTL’s own KFDA approval and special advisor status within that sector. “We’re honored to have Yuhan Care engage with us at KRTL, they are a natural health care professionals inherited innovative research competence from Yuhan Corporation, 100-year-old company with a pristine reputation in Korea and around the world. Their commitment to quality and transparency is something we strive for at KRTL and a standard to be emulated by any in the pharmaceutical industry. This agreement allows KRTL to take an incredible strategic step toward our commercial efforts in Korea as the country progresses toward legalization based ...