Integrated Cannabis Company, Inc. Enters Into Licensing Agreement for Cannabidiol (CBD) Gummy Formulation

Published: October 25, 2018

Integrated Cannabis Company, Inc. Enters Into Licensing Agreement for Cannabidiol (CBD) Gummy Formulation

Integrated Cannabis Company, Inc., is pleased to announce an agreement to license Cannabidiol (CBD) formulated gummies. Integrated Cannabis plans to begin distributing CBD-based gummies through its contract manufacturer, Titration Technologies, in Phoenix, Arizona. Each gummy will contain 10mg of CBD – the non-psychoactive component of cannabis – and will be 100% vegan, utilizing all natural ingredients.

Demand for gummies is significant and the Company believes there is an unmet demand for a plant-based product, which continues to grow for the quality conscious consumer. The creation of this product has taken months of innovation and realized many iterations in order to render the resulting taste and texture we believe to be superior to other gummy products in the market.

“Gummies are an excellent way to introduce CBD to an older demographic that is typically wary of cannabis products. Our gummies will provide an approachable delivery method, that is easy to consume and with a great taste. We expect the bulk of the sales to take place online but also have plans to distribute through our existing networks to brick and mortar stores in Colorado and throughout the United States. We also plan to expand and introduce a product line of THC formulated gummies upon licensure approval”, said John Knapp, CEO of Integrated Cannabis.

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