Following a Supreme Court ruling earlier this year, Health Canada authorized the production of extracts beginning in late July. The rules don’t restrict other cannabinoids, like CBD, but there are strict limits on the concentration of THC, rendering the extracts too diluted for vaporization but useful for edibles. Health Canada maintains a list of license holders:
The two first recipients of manufacturing licenses were Peace Naturals Project and Whistler Medical Marijuana Corp., and today Peace Naturals Project announced that it can now sell its oils. The company listed pricing and details on its website, with the lower potency Cerene priced at $125 and the higher potency Omega at $240.
First Medical Cannabis Oils Now Legally Available for Sale in Canada Through Peace Naturals Project Inc.
STAYNER, ONTARIO–(Marketwired – Dec. 7, 2015) – Peace Naturals Project Inc., the first newly Licenced Producer of medical Cannabis under Canada’s Marihuana for Medical Purposes Regulations, received the industry’s first approval today from Health Canada to begin selling medical Cannabis Oils.
Peace Naturals Project, who received the first Section 56 Exemption to begin producing Cannabis Oils on July 31, 2015, had been actively exploring medical Cannabis extraction technology and implementing processes for safe and quality driven production. Taking the best practices from global industry standards, Peace Naturals Project has completed the manufacturing and testing of their first 2 (two) batches of Cannabis Oil; Cerene and Omega. The first oil products to be made available for sale will be for oral consumption using organic, high quality functional food oils as the carrier agents.
The company successfully met all testing criteria and has satisfied all obligations for production and readiness to sell under the Section 56 Supplemental Licence.
With this approval by Health Canada, Peace Naturals Project will complete the packaging of Cerene and Omega immediately and plans to introduce the MMPR’s first oil based medicine for sale to clients on Monday, December 7, 2015.
“Once again we are able to reward our clients for their loyalty and feedback by bringing the first legal and non-combustible medicinal Cannabis offering to Canadians under the MMPR,” says Mark Gobuty, the company’s CEO & Founder. “The traditions of innovation, excellence and great value are core to the team at Peace Naturals. Today we celebrate the quick turnaround from Health Canada on the Supreme Court decision in R vs Smith and our unique ability to create and assemble a compliant and repeatable process for the thousands of Peace Naturals Clients.”
The company looks forward to introducing oral Cannabis medication to the MMPR marketplace and has always seen non-combustible consumption as the more viable solution for Canadians in need.
ABOUT PEACE NATURALS
The Peace Naturals Project Inc. was the first new federally licensed commercial medical Cannabis producer to be granted a license by Health Canada to produce and distribute medical Cannabis in Canada under the new Marihuana for Medical Purposes Regulations (MMPR). The Peace Naturals Project offers a range of conventional and organic whole Cannabis flower solutions with strong dedication and commitment to Client Care, quality and harm reduction. The Peace Naturals Project is on a mission to set new standards for viable, credible medical Cannabis production and distribution as they strive to raise the bar for the entire industry, both in Canada and abroad. Visit www.peacenaturals.com.
CONTACT INFORMATION
For media inquiries:
Media@peacenaturals.com
www.peacenaturals.com
Original press release: http://www.marketwired.com/press-release/first-medical-cannabis-oils-now-legally-available-sale-canada-through-peace-naturals-2079832.htm
