Emblem Cannabis Corporation, a wholly-owned subsidiary of Aleafia Health Inc (OTCMKTS:ALEAF), will introduce cannabis-infused sublingual strips and the underlying sublingual strip technology to the adult-use and medical-use cannabis market in Canada. The company entered a definitive accord with Kinstate Inc to this effect.
Exclusive Canadian rights
As per terms of the accord, Emblem Cannabis gets exclusive rights to produce and sell Kin Slips Products. It will also have the right to use the associated manufacturing technology, proprietary formulations, and IP of Kinstate to introduce the format in other overseas markets. The company will manufacture the Kin slips and innovative cannabis formats in-house at its Ontario processing facility.
Consistent and smoke-free cannabis experience
The wellness and health-conscious consumers will enjoy consistently, and smoke-free cannabis experience with Kin Slips sublingual strips. Kinstrips currently offers a variety of sublingual strips in more than a hundred retail outlets in California. They have an on-set time of 10 minutes. The consumers can enjoy the new format in Canada in Q2 2020.
Recognized for product innovation
The Kin Slips brand is widely accepted for leadership in the product innovation that comprises Excellence in Technology Award for the infused extractions and products from The National Cannabis Industry Association, featured in leading national publications that include Forbes, Bon Appetit, and Rolling Stone. It is also recognized as the best sublingual/ topical company.
Geoffrey Benic, Chief Executive Officer of Aleafia Health, said Kin Slips product line of Kinstate is already proven in the largest cannabis market in the world. The company’s approach in leveraging the formulas, packaging, branding, and manufacturing know-how of the proven partners expedites its objective to introduce the premium and unique cannabis health/ wellness brands.
Josh Kirby, Chief Executive Officer of Kinstate, said the company is pleased that its award-winning Kin Slips are available to the audience across the world. Kirby further said the commitment of Aleafia Health to cannabis wellness and health aligns with its objective of offering the customers with a natural and discrete cannabis experience.
Aleafia Health is now a constituent company of the S&P/MX International Cannabis Index because it meets the minimum market capitalization as well as the liquidity threshold.