NeutriSci and Pacwest Announce Technology and IP Arrangement for R&D Product Development
VANCOUVER, BC / ACCESSWIRE / May 25, 2021 / NeutriSci International Inc. (“NeutriSci” or the “Company”) (TSXV:NU)(OTCQB:NRXCF)(FRA:1N9), an innovative technology company developing products, licencing IP and technology for B2B partnerships and the nutraceutical industry, is pleased to announce the completion of an arrangement with its manufacturing partner, Pacwest Manufacturing Group Inc. (“Pacwest“), to provide the use of its NeutriSci’s IP and technology to assist Pacwest’s development of several new product lines which will also include Delta 8 (“D8“), a psychoactive cannabinoid found in the cannabis plant.
Pacwest will use NeutriSci’s IP and technology to assist with development of a line of D8 products requested by one of its partners. The mix of products will include several different SKUs.
Glen Rehman, CEO of NeutriSci, commented, “We are pleased to see our technology, IP and ingredients being used by our B2B partners to help them fulfill the demand from their customers. The use of our IP and technology reflects the first real B2B implementation of product development. This will be an integral part in the completion of a line of finished products which is expected to be completed in the coming weeks. We will continue to work with our partners to help develop more new products that benefit from our technology and IP.”
About Pacwest Manufacturing Group Inc.
Pacwest is a privately held, US based contract manufacturing company. Pacwest produces product lines for the pharmaceutical, food, beverage and nutritional supplement industries. Pacwest operates its own R&D laboratories to develop, formulate and manufacture a diverse set of products utilizing their own IP and that of partner organizations. www.pacwestgroupinc.com
About NeutriSci International Inc.
NeutriSci specializes in the innovation, production, and formulation of nutraceutical products. Established in 2009, NeutriSci’s is building sustainable sales models with Convenience, Chain Drug, and Mass Market and Supermarket retailers for its products offering co-branding as well as private label opportunities and contract manufacturing services. For more information, please visit: www.neutrisci.com.
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NEUTRISCI INTERNATIONAL INC.
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SOURCE: NeutriSci International Inc