NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (
Post# of 52
(Total Views: 241)
Posted On: 05/23/2018 5:43:28 PM
NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Secures Manufacturing Facility in California
Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, (“PNL”), has entered a lease agreement for a manufacturing facility in Costa Mesa, California’s Measure “X” Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa’s Measure “X” Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing facility to begin producing its patented products to be marketed under the brand name ‘Pivot Naturals’. PNL will employ the company’s patented Ready To Infuse Cannabis (“RTIC”) method to convert high quality cannabis oil and isolates to powder for finished products such as capsules, stick packs and bulk additives for sale and distribution in the California market. Additionally, a section of the facility has been set aside to form production lines of topical creams and oral solutions utilizing the company’s other patented drug delivery technologies. “Securing a manufacturing facility in California is a major milestone for Pivot, enabling the company to generate revenue in 2018, in the largest cannabis market in the world,” Dr. Patrick Frankham, Pivot Pharmaeuticals CEO stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, (“PNL”), has entered a lease agreement for a manufacturing facility in Costa Mesa, California’s Measure “X” Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa’s Measure “X” Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing facility to begin producing its patented products to be marketed under the brand name ‘Pivot Naturals’. PNL will employ the company’s patented Ready To Infuse Cannabis (“RTIC”) method to convert high quality cannabis oil and isolates to powder for finished products such as capsules, stick packs and bulk additives for sale and distribution in the California market. Additionally, a section of the facility has been set aside to form production lines of topical creams and oral solutions utilizing the company’s other patented drug delivery technologies. “Securing a manufacturing facility in California is a major milestone for Pivot, enabling the company to generate revenue in 2018, in the largest cannabis market in the world,” Dr. Patrick Frankham, Pivot Pharmaeuticals CEO stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)