Proactive Investors - Run By Investors For Investors

Emerald Health Therapeutics completes setting up of Emerald Health Naturals joint venture

The new venture will distribute products to treat stress, anxiety, restless sleep, and other conditions using non-cannabis ingredients to Canadian natural health product stores and pharmacies
Two business executivces shaking hands
Emerald Health Therapeutics has invested C$5 million for a 51% equity stake in the joint venture, known as Emerald Health Naturals

Vancouver-based cannabis company Emerald Health Therapeutics Inc’s (CVE:EMH) (OTCQX:EMHTF) announced Thursday that it has completed the setting up of Emerald Health Naturals, its 51:49 joint venture with San Diego-based Emerald Health Bioceuticals.

Emerald Health Therapeutics has invested C$5 million for a 51% equity ownership of Emerald Health Naturals while Emerald Health Bioceuticals granted exclusive Canadian distribution rights to its product line in exchange for a 49% equity stake in the joint venture.

READ: Emerald Health Therapeutics receives Health Canada licenses for its natural products line

Emerald Health Bioceutical’s product line consists of nutritional supplements that use non-cannabis, non-psychoactive plant-based bioactive compounds to support the body’s endocannabinoid system.

The products, including Endo Sleep, Endo Inflame, Endo Brain, Endo Bliss and Endo Calm, were designed to treat stress, anxiety, restless sleep, pain and other conditions using non-cannabis ingredients.

“We have the unique opportunity to brand Emerald through Emerald Health Naturals offering of the Endo product line through a number of valuable sales channels that are frequently visited by cannabis users but which cannot currently sell cannabis products,” Executive Chairman Avtar Dhillon told Proactive Investors.

Emerald Health is a licensed producer authorized by Health Canada to grow, sell and produce cannabis across the country.

Emerald also recently strengthened its intellectual property portfolio via a partnership with the cannabis-focused research facility VivaCell Biotechnologies. The institute will work with Emerald Health to evaluate formulas and determine consistent dosages as the company continues to develop medical and recreational cannabis products.


Contact Uttara Choudhury at [email protected]

Follow her on Twitter@UttaraProactive 

View full EMH profile View Profile

Emerald Health Therapeutics Inc Timeline

Related Articles

February 01 2019
The cancer detection device is on track to finish a key clinical study in the first quarter of 2019, but in the meantime, it has shown promise in detecting abnormalities in unborn children
A paper rocket is ready to launch on a surgeon's scissors
March 28 2019
The company hopes to improve its share price with ADAPT technology successes.
September 17 2018
The company is utilising technology and big data to tackle the growing healthcare crisis and personalise treatment options for preventative care.
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use