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Auxly Cannabis Group Inc
Symbol XLY
Shares Issued 642,943,875
Close 2020-11-23 C$ 0.36
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Auxly Cannabis's Dosecann launches Dosecann Capsules

2020-11-23 08:52 ET - News Release

Mr. Brad Canario reports

HIGH-POTENCY, PLANT-BASED WELLNESS: DOSECANN INTRODUCES CANNABIS CAPSULES WITH OMEGA-RICH AHIFLOWER OIL, A TRULY DIFFERENTIATED PRODUCT FOR THE WELLNESS CONSUMER

Dosecann, a proprietary in-house brand owned by Auxly Cannabis Group Inc., has launched Dosecann Capsules, a new, high-quality, precision-dosed cannabis product that combines high-potency, broad-spectrum cannabinoids with omega-rich Ahiflower oil. Ahiflower oil is a sustainable, plant-based source of the complete and balanced essential omegas the body needs.

Dosecann CBD Plus Ahiflower Oil capsules are available now at licensed cannabis retailers across Canada and also available to patients at Medical Cannabis by Shoppers Drug Mart. In coming weeks, Dosecann will introduce 1:4 (tetrahydrocannabinol:cannabidiol) and THC-based formulations, also using Ahiflower oil.

Dosecann capsules were developed by a team of scientists and researchers at the state-of-the-art laboratory at the Dosecann facility in Charlottetown, PEI, under the direction of Dr. Bob Chapman, Dosecann's chief science officer.

"Our innovation team has thoroughly researched and rigorously tested Dosecann capsules to ensure they are consistent with our guiding principles of quality, safety and efficacy," said Dr. Bob Chapman, chief science officer of Dosecann. "Balanced, omega-rich Ahiflower oil has proven to be an ideal carrier oil for Dosecann's refined cannabis resins, which feature the full range of cannabinoids, terpenes, flavonoids and other phytonutrients found in the cannabis plant. The resulting capsule formulations offer all the natural qualities of the cannabis and Ahiflower plants in a convenient capsule format that wellness consumers are sure to love."

"Dosecann capsules are a milestone launch, a truly differentiated offering for the wellness consumer segment," said Brad Canario, brand director of Auxly. "Research tells us that consumers are looking for innovative cannabis products in familiar formats that fit their wellness needs and regimens, and we're thrilled to offer a suite of Dosecann capsules that combine our consistent and potent cannabinoids with a sustainable and omega-rich carrier oil derived from Ahiflower seeds."

The cannabinoids in Dosecann capsules are derived from a whole-plant cannabis resin that preserves the character of the cannabis plant. Through a process of cold-ethanol extraction, this broad-spectrum cannabis resin is further refined and combined with omega-rich Ahiflower oil. Ahiflower oil is exclusively available to Auxly for use in cannabis products through a proprietary, multiyear agreement with Natures Crops International, a vertically integrated grower and manufacturer of plant-based specialty oils. By using Ahiflower oil as a carrier, Dosecann capsules are immediately differentiated from the vast majority of cannabis oil capsules available in the Canadian marketplace, most of which use MCT (medium-chain triglyceride). In fact, Dosecann capsules with Ahiflower are the only capsules that provide consumers with broad-spectrum cannabis and the essential omegas the body needs.

The following list highlights the unique characteristics of Ahiflower oil, which cannot be attributed to MCT oil:

  • A source of sustainable, traceable and balanced omega-3-6-9 oil, with a more biologically advanced omega fatty acid composition than any other natural plant-based oil;
  • Provides an optimal 4:1 ratio of the essential omega-3-6 fatty acids the body needs;
  • Has been shown in clinical trials to be safe, well tolerated and to increase the concentrations of long-chain omega-3 fatty acids up to four times more effectively than flaxseed oil;
  • Unlike flaxseed, Ahiflower also contains omega-6 gamma linolenic acid (GLA);
  • A sustainably and regeneratively farmed, non-GMO (genetically modified organism) oilseed crop that does not adversely impact ocean ecosystems; each acre of Ahiflower produces as much omega-rich oil as 320,000 anchovies, frequently used in fish oil.

According to Healthline, essential polyunsaturated omega-3-6-9 oils are clinically associated with a range of health benefits, such as improving cardiovascular health, supporting mental health, fighting inflammation, and benefiting skin and hair.

Dosecann CBD capsules are available in packages of 30, with each capsule containing 25 milligram of CBD, one mg of THC and 500 milligrams of Ahiflower oil. The per-capsule omega fatty acid composition is approximately 320 milligrams of omega-3 (104 milligrams of stearidonic acid (SDA) plus 216 milligrams of alpha-linolenic acid (ADA)), 85 milligrams of omega-6 (28 milligrams GLA plus 57 milligrams of linoleic acid (LA)) and 51 milligrams of omega-9 oleic fatty acid. In coming weeks, Dosecann will introduce 1:4 capsules, with each capsule containing 10 milligrams of CBD and 2.5 milligrams of THC; and THC capsules, with each capsule containing 2.5 milligrams of THC.

The mixture of cannabinoids and Ahiflower oil is then sealed in Lonza's Licaps Capsugel capsules, which are part of Auxly's multiyear licence with Lonza, a global leader in life sciences. Licaps' patented technology promotes precise, standardized dosing, a longer shelf life and rapid digestion. Airtight and leak-proof, Dosecann capsules are easy to swallow, odourless and tasteless.

About Dosecann

Dosecann is a world-class developer of innovative cannabis products for the wellness-focused consumer, wholly owned by Auxly Cannabis Group. Proudly processed at Auxly's 52,000-square-foot, state-of-the-art facility in Charlottetown, PEI, Dosecann products are developed and manufactured on site by a world-class team of scientists and experts, ensuring high quality, precision and consistency. Dosecann's wellness products, available at licensed cannabis retailers across Canada, consist of non-GMO capsules and oils. Built on the pillars of quality, safety and efficacy, Dosecann is cannabis -- down to a science.

About Auxly Cannabis Group Inc.

Auxly is an international cannabis company dedicated to bringing innovative, effective and high-quality cannabis products to the medical, wellness and adult-use markets. Auxly's experienced team of industry first movers and enterprising visionaries have secured a diversified supply of raw cannabis, strong clinical, scientific and operating capabilities, and leading research and development infrastructure in order to create trusted products and brands in an expanding global market.

We seek Safe Harbor.

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