Geyser Brands (TSX.V: GYSR) today announced receipt of a coveted Health Canada Standard Processing License by its wholly owned Licensed Producer, 0957102 B.C. Ltd. dba Apothecary Botanicals. According to the update, the license will enable expansion of the company’s long term vision and commencement of the manufacturing of premier products, including tinctures and supplements. “This is a huge milestone for Geyser Brands and something that we have been working towards for many months,” GYSR CEO Andreas Thatcher said in the news release. “The license allows us to add value to existing consumer healthcare brands by providing them the platform to add CBD. It also reflects our business model to focus our Licensed Producer on delivering scale through manufacturing and distribution. I wish to congratulate the team at Apothecary Botanicals and Geyser for all the hard work in obtaining this license. We are moving forward full steam with our vision and there is plenty more to come in the future.”
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About Geyser Brands Inc.
Geyser Brands builds health-based hemp CBD consumer products in the nutraceutical, cosmetics, food & beverage and pet sectors world-wide. R&D investment in NanoFusion, a proprietary all-natural nanotechnology, delivers topical, cream, beverages and baked goods, oil, and tincture formulations with superior bioavailability and water-solubility. Geyser Brands owns a Health-Canada approved Licensed Producer (“LP”) in Port Coquitlam, B.C. that holds cultivation and processing licenses and is anticipating its R&D and sales licenses. The company is exclusively focusing on leveraging these assets to provide the regulatory infrastructure for its global brands and distribution strategy, acquiring hemp- and plant-based brands and infusing them with new CBD product lines in jurisdictions where the therapeutic ingredient is legal. The company’s proprietary NanoFusion technology surrounds oils and solves for the insolubility of CBD. Geyser Brands will utilize both of its GM- licensed facilities in British Columbia for the manufacturing and distribution of its hemp and CBD-based products internationally. For more information, visit the company’s website at www.GeyserBrands.com.
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