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OWC Pharmaceutical Research Corp. Issues Letter to Shareholders
OWC Pharmaceutical Research Corp. Issues Letter to Shareholders.
About this update from Owc Pharmaceutical Research Corp
[{"type":"text","content":"\n\n\n\nOWC Pharmaceutical Research Corp. Issues Letter to Shareholders\n\n\n\n\n\nOWC Pharmaceutical Research Corp. Issues Letter to Shareholders\nLetter Summarizes Milestones the Company Achieved In 2015\nPR Newswire\nPETACH-TIKVA, Israel, February 16, 2016\n\n\n\nPETACH-TIKVA, Israel, February 16, 2016 /PRNewswire/ --\n\nOWC Pharmaceutical Research Corp. (OTC: OWCP), an Israel-based pharmaceutical research company today released its annual letter to the Company's shareholders.\n\n \n\nDear shareholders,\n\nAs we begin 2016, I want to take a moment to inform you of our activities throughout the last year and provide you with an overview of our objectives going forward.\n\n2015 was an important year for OWC Pharmaceutical Research Corp. We refined our business model, prioritized our opportunities and allocated our resources with the objective of establishing the infrastructure that will enable us to achieve our objectives effectively.\n\nWe formed our Israeli subsidiary, One World Cannabis Ltd. (\"OWC\") with the intention of applying conventional pharmaceutical research protocols and disciplines to the field of medical cannabis, and with the objective of establishing a leadership position in the research and development of medical cannabis therapies, products and delivery technologies.\n\nAs a result of our decision to establish OWC in Israel, an epicenter of medical cannabis research, we are part of a leading-edge scientific community and have access to the greatest minds and facilities in the world of medical cannabis. Furthermore, since the Israeli government not only allows, but also facilitates, much of this research, the past year has seen an acceleration in the understanding of the effects of cannabis on health. This, combined with the broadening of legal access to cannabis for patients around the world, provides OWC with a significant opportunity to improve the lives of millions of patients. We recognize the enormous responsibility that comes with this opportunity, and it is through this lens that we make all corporate decisions.\n\nFirst and foremost, we are a medical cannabis research and development company. To that end, we have entered into research and collaboration agreements with three of the leading research institutions in Israel, including Sheba Academic Medical Center, one of the leading academic hospit...