Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.US-based Plandaí Biotechnology has finalized the license agreement with Diego Pellicer which will permit the company use of the Diego Pellicer name for its Phytofare cannabis extract in medical and pharmaceutical marijuana applications.
Subscribe to our email newsletter
The company said that it will produce the new Diego Pellicer Gold extracts in both capsules and cannabis oil (for vapor use) in Pheroid and non-Pheroid versions to appeal to the broadest range of medicinal consumers.
As part of the deal, Plandaí can use the Diego Pellicer brand name for business-to-business sales and marketing in both domestic and international markets.
The company intends that the Diego Pellicer Gold extracts will be sold to several medical cannabis dispensaries in areas where such business is legal.
Plandaí Biotechnology chairman and chief executive officer Roger Baylis-Duffield said the company is happy to enter into agreement with Diego Pellicer.
"Diego Pellicer has been the leading name in cannabis products for over a hundred years and represents everything that Plandaí stands for from a product standpoint; namely, an exhaustive dedication to quality," Baylis-Duffield said.
"As we move forward towards having a market-ready product by the end of the year, we can commence building our branding and distribution channels."