NanoSphere Provides Update on Canadian Operations
November 04 2019 - 9:00AM
NanoSphere Health Sciences Inc. (CSE: NSHS) (OTC: NSHSF)
(“Nanosphere” or “the Company”) wishes to provide an update
regarding its operations in Canada, along with its Canadian
partner, Delta 9 Cannabis Inc, (TSX:DN) (“Delta 9”).
We are pleased to announce that Delta 9 has filed a Notice of
New Cannabis Product Application with Health Canada and will be
proceeding to produce commercial batches of an ingestible cannabis
oil using Nanosphere patented technology. Once produced, the
initial commercial batches will require final review and approval
by Delta 9 and Health Canada prior to being sold under the Delta 9
– Evolve brand in the Canadian Market.
Per NanoSphere Health Sciences CEO, Dr. Mark Percival: “This
marks an important phase in our company’s development and our entry
into the Canadian Market. It also marks the beginning for Canadian
consumers who are looking to expand on the benefits they have
experienced using cannabis products. The new products being
launched by Delta 9 are the first in Canada to utilize aspects of
our patented NanoSphere Delivery System. Medical cannabis patients
and seasoned recreational users alike will appreciate the
difference more effective delivery makes to their experiences”.
On behalf of the Board
Dr. Mark Percival, CEO
E-mail: mpercival@nanospherehealth.com
Investor Contact:
Victor Goncalves, Executive Vice President
Mobile: 204-997-5517
E-mail: vgoncalves@nanospherehealth.com
About NanoSphere Health Sciences Inc.
NanoSphere Health Sciences is a nanobiotechnology firm
specializing in proprietary delivery systems for therapeutic
agents. Our patented technology transforms our strategic partners
good products into great products, further differentiating them in
their respective markets.
For more information on NanoSphere, please visit:
www.NanoSphereHealth.com
About Evolve Formulas
Evolve branded products are produced under license by leading
manufacturers utilizing the proprietary, patented NanoSphere
Delivery System™ of NanoSphere Health Sciences Inc.
For more information on Evolve Formulas, please visit
www.EvolveFormulas.com
The Canadian Securities Exchange does not accept responsibility
for the adequacy or accuracy of this release.
Forward Looking Statement Caution
This news release includes forward looking statements that are
subject to assumptions, risks and uncertainties. Statements in this
news release which are not purely historical are forward looking
statements, including without limitation any statements concerning
the Company's intentions, plans, estimates, expectations or beliefs
regarding the future. Although the Company believes that any
forward looking statements in this news release are reasonable,
there can be no assurance that any such forward looking statements
will prove to be accurate. The Company cautions readers that all
forward looking statements, including without limitation those
relating to the Company's future operations and business prospects,
are based on assumptions none of which can be assured, and are
subject to certain risks and uncertainties that could cause actual
events or results to differ materially from those indicated in the
forward looking statements. Without limitation, these include
assumptions, risks and uncertainties inherent in completing
sub-licensing arrangements in the United States, Canada and abroad,
product demand, production, competition and government regulation
of the Cannabis industry, any and all of which may have an adverse
effect on the Company’s expansion plans, sales, revenues and its
financial results and condition. Readers are advised to rely
on their own evaluation of such risks and uncertainties and should
not place undue reliance on forward looking statements. Any forward
looking statements are made as of the date of this news release,
and the Company assumes no obligation to update the forward looking
statements, or to update the reasons why actual events or results
could or do differ from those projected in the forward looking
statements, whether as a result of new information, future events
or otherwise.
Victor Goncalves
NanoSphere Health Sciences
204-997-5517
vgoncalves@nanospherehealth.com
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