Open Book Extracts Acquires Chilmark Labs to Commercialize Rare Cannabinoids and Pioneer Scientific Research and Technologies for the CBD Industry

ROXBORO, N.C., June 15, 2020 (GLOBE NEWSWIRE) — Open Ebook Extracts, one of many main vertically built-in, cGMP licensed processors of high-quality cannabinoid merchandise, is happy to announce the signing of definitive agreements to amass Chilmark Labs and its Israeli affiliate, Beetlebung Pharma Ltd., which convey to Open Ebook Extracts their world management place within the manufacturing of high-purity uncommon and minor cannabinoids. Collectively, the merged corporations will convey to market commercial-scale manufacturing of exact, persistently formulated customized cannabinoid blends, and spearhead analysis and growth (R&D) into the efficacy of customized formulations to ship focused therapeutic outcomes.

With analysis and manufacturing amenities situated in Israel and america, Chilmark Labs has developed confirmed strategies to effectively manufacture uncommon cannabinoids from hemp and citrus, together with CBN, CBC, THCV, and CBDV. By making these beforehand unattainable uncommon cannabinoids extra accessible, Chilmark Labs is unlocking new therapeutic potentialities and growing formulations to maximise the nutraceutical and pharmacological properties of uncommon cannabinoids.

“There’s a treasure trove of therapeutic potential within the minor cannabinoids, and it’s an honor to make these accessible for scientific analysis, in order that as an trade, we are able to convey to market plant-based merchandise that handle a number of at present unmet situations,” stated Dr. Andrew Salzman, founder and chairman of Chilmark Labs. “I anticipate the collaboration between Chilmark Labs and Open Ebook Extracts to help significant scientific developments on this enviornment.”

Dr. Salzman joins Open Ebook Extracts as its chief science officer. Dr. Salzman grew up in Massachusetts, graduating from Yale School and Harvard Medical College, adopted by a residency at Columbia College and postdoctoral fellowships at Beth Israel and Mass Normal. He went on to ascertain and lead the Division of Essential Care Drugs at Youngsters’s Hospital Medical Heart in Cincinnati, Ohio, after which turned to entrepreneurship with a collection of profitable drug discoveries. He has robust analysis relationships with universities in Israel and america and can lead Open Ebook Extracts’ medical advisory board.

Upon coupling Open Ebook Extracts’ commercial-scale manufacturing capabilities and cGMP-certified facility with Chilmark Labs’ proficiency in uncommon cannabinoid isolation and novel cannabinoid growth, the mixed corporations plan to speculate closely in scaled manufacturing and R&D to serve their world distribution channels.

“We’re seeing a proliferation of merchandise using and highlighting the uncommon, minor cannabinoids to exchange the one-size-fits-all method that CBD presents,” stated David Neundorfer, chief government officer of Open Ebook Extracts. “The CPGs and nutraceutical corporations solely starting to enter the CBD trade is not going to settle for an ingredient with a cannabinoid profile that varies from batch to batch. The shoppers of tomorrow will demand precision and consistency and can need entry to customized formulations backed by analysis. Open Ebook Extracts is proud to hitch forces with Chilmark Labs to supply the trade with probably the most efficacious, pure and high-quality elements, delivering the outcomes that corporations and customers deserve.”

About Chilmark Labs
Chilmark Labs manufactures and produces uncommon cannabinoids at a purity exceeding 99 %, with analysis and manufacturing amenities situated in Israel, Australia and america, and with a scientific workers of Ph.D. chemists and engineers pioneering analysis and growth in uncommon cannabinoid manufacturing. The corporate leads the event of proprietary GMP-compliant launch and stability strategies using ultra-high efficiency liquid chromatographic strategies for CBN, CBC, THCV, and CBDV.

About Open Ebook Extracts
Headquartered in Roxboro, N.C., Open Ebook Extracts is a cGMP licensed, vertically built-in grower, processor and producer of premium plant-based merchandise. The group’s possession of the complete provide chain, a state-of-the-art extraction campus, product growth and manufacturing capabilities, and aggregation of skilled professionals from related industries help its efforts to convey transparency and high-quality elements to the brand new hemp extracts market. For extra data, go to www.openbookextracts.com.

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