Canada House Wellness Group Inc., a fully integrated medical cannabis company, announced that its wholly owned subsidiary, Abba Medix Corp., has received its amended sales license from Health Canada allowing for the sale of cannabis oil, concentrate, topical and edible products produced from its facility in Pickering, Ontario. The Company also announced that Abba has entered into an agreement with Organic Extraction Technologies (“OET”) and is currently employing equipment and services sourced from OET to produce solventless cannabis rosin at its Pickering, Ontario facility.
This license amendment allows the Company to further expand its existing product offerings to the medical and recreational consumer markets with internally produced oil, concentrate, extract, topical and edible products. Abba is currently generating full-spectrum concentrates and will continue to work closely with Canada House’s wholly owned subsidiary, Canada House Clinics (“CHC”), to expand its portfolio of products to best manage the complex physical and psychological conditions of its medical patient base.
“Receiving our Cannabis 2.0 sales license to allow for the sale of higher margin, internally produced products represents another key milestone on Canada House’s path to profitability,” said Chris Churchill-Smith, Canada House CEO. “Cannabis oil, rosin, and edibles are in high demand, and we’ve been developing formulations to address the health and wellness needs specifically as it relates to our Veteran patient base. This license amendment will allow Abba to capture an even greater share of the over $27M per year of medical products purchased by CHC’s patients.”
“It is a pleasure to work with Abba’s terrific team while implementing our technology in their top-notch facility,” said Lindsay Labelle, CEO of Organic Extraction Technologies. “Solventless extraction without chemicals or additives only works with high quality cannabis. Our solventless products will allow us to showcase some of the best flower and trim in the industry. We are excited to bring the great genetics grown by Abba and its partners to market in new full-spectrum formats.”
Canada House Wellness Group Inc. is the parent company of Abba Medix Corp., a Licensed Producer in Pickering, Ontario that produces high quality medical grade cannabis; IsoCanMed Inc., a Licensed Producer in Louiseville, Quebec growing best-in-class indoor cannabis,
