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Growpacker Inc. Launches Proprietary Infusion and Emulsification Technology for THC and CBD Consumer Product Manufacturing

May 7, 2019

TORONTO--(BUSINESS WIRE)--May 7, 2019--Growpacker Inc. (“Growpacker” or the “Company”), a contract manufacturer of THC and CBD-infused edibles and beverages in the United States, has announced the launch of a proprietary technology used for the emulsification and infusion of THC and/or CBD distillate. The new technology offers various new parameters and delivery methods to streamline the process for CPG companies and others entering California’s legal cannabis market.

The new technology addresses and solves multiple issues often seen in most current infusion methods, such as shelf life instability that leads to active ingredient degradation over time and non-consistent on- and off-set times.

“Growpacker has been rapidly and consistently adding to its portfolio of problem-solving IP for cannabis and CBD companies, and this new emulsification and infusion technology streamlines the manufacturing process even further,” said Stephen Boyd, CEO of Growpacker. “Our commitment to innovation is a top priority and we will continue to be a technology and science driven-cannabis company.”

The new technology addresses and links more than 10 parameters to harmoniously work together in one seamless process, including an anti-adhesion molecular structure that ensures the THC and or CBD will not adhere to the inner liner of packaging, bitter blockers, scent blockers, color stabilizers, an organic carrier method, a new absorption method, a molecular binding process, new on- and off-set techniques and other trade secret processes, all of which are adaptable to high-scale manufacturing where consistency is key.

To date, the company has been garnering high level interest from top-tier beverage manufactures entering the cannabis sector and looking for a robust, turnkey emulsification and infusion solution. Growpacker will be offering the new technology as part of its core manufacturing process.

About Growpacker

Growpacker Inc., is a Canadian based company which, through its American interest in GP Holdings LLC, is engaged in expanding the ancillary side of the California cannabis industry through offering local and international brands key services such as formulation, manufacturing, co-packing, and distribution of THC and CBD infused beverages and edibles within the State of California. In addition to its core co-packing business, Growpacker also operates an incubator and accelerator program that fast tracks emerging cannabis brands and ancillary companies in California.

FORWARD-LOOKING INFORMATION

Certain statements in this press release constitute forward-looking information. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding Growpacker’s future, strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only Growpacker’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Growpacker. These forward-looking statements are made as of the date of this press release and Growpacker assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005799/en/

CONTACT: Media:

Tim Streeb

(646) 277-1200

growpacker@icrinc.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: HEALTH OTHER HEALTH MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES OTHER NATURAL RESOURCES RETAIL FOOD/BEVERAGE SPECIALTY OTHER RETAIL

SOURCE: Growpacker Inc.

Copyright Business Wire 2019.

PUB: 05/07/2019 11:35 AM/DISC: 05/07/2019 11:35 AM

http://www.businesswire.com/news/home/20190507005799/en