Global CBD innovator Isodiol International (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) recently announced that, subject to applicable regulatory approvals, it has signed a Letter of Intent (“LOI”) with Sundial Growers Inc. to import CBD isolate into Canada. Sundial Growers is a privately held Health Canada Access to Cannabis for Medical Purposes Regulations (“ACMPR”) licensed producer and currently operates a 31,000 square foot production facility in Rocky View, Alberta. Per the terms of the agreement, CBD will be imported into Canada through a Health Canada approved Licensed Dealer. Isodiol and Sundial aim to execute a Definitive Supply Agreement which will also be subject to required regulatory approvals. Isodiol’s wholly owned subsidiary, BSPG Laboratories LTD., has received government approval from United Kingdom’s Medicines and Healthcare Products Regulatory Agency for the manufacturing of the active substance CBD, which enables the company to export its pure, natural CBD from the United Kingdom.
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About Isodiol International Inc.
Isodiol International Inc. engages in pharmaceutical grade phytochemical compounds and the manufacturing and development of consumer products. Isodiol is the pioneer of many firsts for the cannabis industry including commercialization of 99%+ pure, pharmaceutical grade cannabinoids, micro-encapsulations, and nanotechnology for the highest quality consumable and topical skin care products and most recently received approval as having the first CBD designated as an Active Pharmaceutical Ingredient as was announced April 26, 2018. Isodiol’s growth strategy includes the development of over-the-counter and pharmaceutical drugs, expanding its phytoceutical portfolio and will aggressively continue international expansion into Latin America, Asia and Europe. For more information, visit the company’s website at www.Isodiol.com.
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