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Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 136,857,973
Close 2018-10-15 C$ 5.10
Market Cap C$ 697,975,662
Recent Sedar Documents

Emerald Health applies for 17 U.S. Defined Dose patents

2018-10-16 08:46 ET - News Release

Mr. Avtar Dhillion reports

EMERALD HEALTH THERAPEUTICS FILES 17 PATENT APPLICATIONS COVERING DEFINED DOSE CANNABIS PRODUCTS

Emerald Health Therapeutics Inc. has filed 17 provisional U.S. patent applications covering Emerald's unique Defined Dose cannabis dosage forms and formulations. Based on proprietary Emerald research, these patent applications are contributing to Emerald's intellectual property portfolio and its intent to develop distinctive cannabis products for medical-use and improved adult-use. The products provide more precise and consistent delivery, dosage and formulations. Defined Dose cannabis products will, when made available to the public, provide consumers with products currently not available.

The 17 Defined Dose cannabis patent applications relate to:

  • Inhaled dosage forms for smoking;
  • Inhaled dosage forms for vaping;
  • Capsule and edible formulations and dosage forms based on a novel understanding of cannabinoid molecular pathways and how they influence disease mechanisms.

Certain of the Defined Dose cannabis products are eligible for launch in Canada under existing Canadian regulations. Others are expected to be eligible under anticipated regulatory changes in 2019.

"We expect significant potential cannabis market growth by offering adult users and medical consumers consistent product characteristics, dosing regimens and alternative methods of consumption, with safety enhanced through GMP-compliant production and enhanced product utility achieved through knowledge of science. Emerald's filing of these patent applications is an important step," said Chris Wagner, chief executive officer of Emerald. "Our expanding research and development effort is focused on internal facilities and staff as well as forming key relationships with other cannabis research experts, such as our recently announced agreement with VivaCell Biotechologies Espana."

"Emerald's intent is to be at the forefront of understanding the mechanism of action of the endocannabinoid system and developing proprietary products that enable both medical and adult-use consumers to achieve measured outcomes with well-characterized, reliable products," said Avtar Dhillion, MD, executive chairman of Emerald. "Our aim is to produce a product pipeline of next-wave cannabis products that fit the better-defined needs and preferences of consumers as Canada and other countries that legalize medical and recreational cannabis use."

Although cannabis is not presently federally legal in the United States for commercial purposes, it is still the most important first to file jurisdiction for intellectual property generation and protection activity pertaining to cannabis and cannabinoids. The Patent Cooperation Treaty permits Emerald to file Canadian and international versions of these U.S. patent applications in 152 member countries worldwide over the coming year.

About Emerald Health Therapeutics Inc.

Emerald Health Therapeutics is a licensed producer under Canada's Access to Cannabis for Medical Purposes Regulations. Its 50-per-cent-owned Pure Sunfarms in British Columbia is completing a sophisticated 1.1-million-square-foot greenhouse; its Agro-Biotech operation in Quebec is completing a 75,000-square-foot indoor facility. Both facilities are in commercial production. It has also contracted for approximately 500 acres of hemp harvest in 2018 and 1,000 acres in 2019 to 2022 with the goal of extracting low-cost cannabidiol (CBD).

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