SOURCE: ViaDerma, Inc. |
January 23, 2018 08:00 ET
ViaDerma's technology will be used in a New CBD Topical Serum in a Topical Cream, a Topical Spray and a Topical Balm, the Company will start Producing the New Products for Distribution in 400 Retail Stores in Canada for its CBD or Cannabinoids Product Line
LOS ANGELES, CA--(Marketwired - January 23, 2018) - ViaDerma, Inc. (
The Company has also a licensing and distribution agreement in place with its Canadian partners to produce a CBD Topical Serum, which has a 92% absorption rate powered by ViaDerma's Patent Pending Dual Carrier Technology. The CBD and Terpene profile (enriched with specific essential oils and vitamins C, and D) is crafted to alleviate Chronic Dry Skin, Psoriasis, Eczema, Rosacea, and many other skin conditions. The serum has anti-inflammatory, anti-bacterial, and chronic pain relief properties that are absorbed by the skin and provide overall healing benefits. Sales are expected to begin in the first quarter of 2018 and are projected to generate approximately $2 million annual revenues.
The Patented Pending CBD or Cannabinoids product line. The Company would combine its two Patent pending technologies, the MMJ Patent, a patent for delivering medical marijuana / cannabis to the body by applying the medication onto the skin in an ointment base topical solution and the second Provisional patent for enhanced antibiotic and drug delivery for "Aqueous Topical Applications" for human and veterinarian uses. The Company would combine its proprietary solutions with CBD's and other natural products that treat psoriasis, fibromyalgia for pain and other ailments. The Company plans to continue to expand its (IP) "Intellectual Property Portfolio" in 2018.
"We are extremely excited over our recent progress and are looking forward to having a breakout year in 2018," stated Dr. Christopher Otiko, President of ViaDerma. "The State of California's recent legalization of recreational cannabis has opened up many opportunities for us that we plan to take advantage of. We are also at a point where we are now manufacturing several of our new products and have begun to deliver high-quality pharmaceuticals to our distributors. We expect to continue expansion of our production each month as the demand for our products continues to grow throughout several key countries."
About ViaDerma, Inc.
ViaDerma, Inc. (
Forward Looking Statements
Forward-Looking Statements certain statements in this release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified using words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors. We assume no obligation to update the information contained in this news release.