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News and Publishing Service for
Cannabis Related, Canadian Companies
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CanadianCannabisWire LimeLight of The MONTH is
Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF)
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Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF) (TSX: WLLW) (OTCQB: CANSF) is a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates. The company’s cannabidiol (“CBD”) yeast-based biosynthesis program produces a high yield, ultrapure, low-cost and scalable manufacturing solution for pharmaceutical, food, beverage and personal care consumers of CBD.
Investment Considerations
- Exclusive joint development agreement with Noramco, the world’s largest producer of chemically synthesized cannabinoids and pharmaceutical APIs, to commercialize biosynthesized CBD
- Willow is fully funded with $37 million and expects to have more than $15 million on the balance sheet once the biosynthesized CBD isolate is ready to sell as a product
- Experienced research team with historical expertise in developing a biosynthesized API derived from the opium poppy, from the bench level to commercial scale-up
- Established laboratories in Calgary and Vancouver, Canada, and in San Francisco, all undergoing expansion
- U.S. CBD market potential in excess of $66 billion by 2025 for cannabinoid-based APIs and CBD consumer retail goods
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