Capsules are latest addition to the Company’s growing line of innovative medical cannabis products
TORONTO, Dec. 10, 2018 (GLOBE NEWSWIRE) — Emblem Corp. (TSXV: EMC, OTCQX: EMMBF) (“Emblem” or the “Company”), through its wholly-owned subsidiary Emblem Cannabis Corporation, today announced the launch of a new line of 10mg Emblem Oil Capsules, providing its growing list of 6,000+ patients with a pre-dosed treatment format. This convenient capsule formulation is designed to help patients better manage their treatment through precise dosing of their cannabis medication.
Patient-focused treatment options are key drivers of Emblem’s innovation pipeline. As a patient-first provider, we’re continuing to develop products that meet our patients’ needs now and into the future.
Nick Dean, CEO, Emblem Corp.
Accessing a variety of distribution channels is also a critical factor in our business strategy, and we are pleased to offer our medical cannabis products direct to patients through www.emblemcannabis.com, and soon through our supply agreement with Shoppers Drug Mart, which recently received its Federal Medical Sales License.
“Patients want access to medical cannabis in formats that are discreet and easy-to-use, with established dosing,” added Wayne Kreppner, President of Medical, Emblem Corp. “The precision found in Emblem’s Oil Capsules addresses this and allows patients to easily track their medication and adjust as needed, while giving healthcare professionals another mode of administration that resembles traditional medications.”
The 10mg Emblem Oil Capsules offer a consistent patient experience formulated with three chemovar specific formats – High THC (10mg THC per capsule), High CBD (10 mg CBD per capsule) and Balanced (6mg THC/10 mg CBD per capsule). The capsules are odorless, flavourless and vegan, and suitable for patients already established on a cannabis oil dosage of 10mg or more. Patients can expect the same high quality in the Emblem Oil Capsules as found in the rest of Emblem’s line of oil products, which includes Atmosphere oral dose-metered sprays and Emblem Oils.
Emblem plans to introduce additional dosage strengths of its oil capsules in the coming months to further address the medical needs of new patients or those wishing to titrate their dosage.
Shares Outstanding
The Company would also like to note that the total number of issued and outstanding shares in the Company’s MD&A for the nine-month period ended September 30, 2018 referenced 123,606,221 common shares issued and outstanding as of the date of the filing of such MD&A. This number did not reflect the 6,952,169 shares issued to Aphria as was set out in the Company’s September 12, 2018 news release. As such, as of the date of the Company’s MD&A for the period ended September 30, 2018, the total issued and outstanding shares should have read 130,558,390 – such number also being the number of issued and outstanding shares as of the date of this news release.
Appointment of Officers
Emblem has formally appointed two new officers of the Company – Maria Guest, Chief Marketing Officer, and Karyn Sullivan, General Counsel & Secretary, both of whom joined Emblem earlier this year.
About Emblem
Emblem is a fully integrated cannabis company focused on driving shareholder value through product innovation, brand relevance, and access to patient and consumer channels. Through its wholly-owned subsidiary Emblem Cannabis Corporation, Emblem is licensed to cultivate, process, and sell cannabis and cannabis derivatives in Canada under the Cannabis Act. Emblem’s state-of-the-art indoor cannabis cultivation facility and Product Innovation Centre is located in Paris, Ontario. Emblem is also the parent company of GrowWise Health Limited, one of Canada’s leading cannabis education services. Emblem trades under the ticker symbol EMC on the TSX Venture Exchange.
For more information, please visit www.emblemcorp.com.
