Next Investors logo grey

Creso Pharma set to expand human health product line with technological breakthrough


Published 06-FEB-2020 10:13 A.M.


2 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.

Click Here to View Latest Articles

Creso Pharma has achieved a key technological milestone, developing its first water-soluble microgranulated hemp plant granules product as an expansion of its cannaQIX® human health product line.

The news comes directly after the company announced it had sold over 2.5 million cannaQIX® lozenges (the equivalent of 100,000 pack sold) since the human health product’s launch in April 2018.

Today’s announcement marks a further milestone in the growth of Creso’s human health product line.

The new technology has been developed over the past nine months in conjunction with Switzerland’s Domaco Pharma and allows hemp oil-free manufacturing of cannaQIX® hemp plant-based gum arabicum lozenges, Creso Pharma’s hemp and vitamin-based food supplement.

This development is significant for several reasons.

Firstly, as stated, the technological breakthrough will be used to extend Creso’s successful cannaQIX® product line.

Secondly, the new technology allows hemp oil free production, bringing the full benefit of the natural hemp plant to consumers.

Furthermore, the product offers significant regulatory advantages in several countries. Importantly, the formulation contains hemp compounds which are already approved for use in consumer products, providing Creso with a path to market for food supplement products without the need for regulatory approval.

“With the achievement of this innovation of the oil free hemp based technology Creso successfully addresses the regulatory and market access challenges enabling us to enter additional markets on a global basis,” said Dr. Gian Trepp, Creso’s R&D/Commercial Director.

As with most Creso products, this new product helps to manage stress and improves well-being in its consumers and comes at a time when there is a growing desire globally for alternative natural stress and pain management products.

The product opens up a range of new territories for Creso.

“The new products contain various hemp compounds which are already approved for use in consumer products,” said Dr. Miri Halperin Wernli, Co-Founder and CEO of Creso Pharma.

“Importantly, this means that we have an additional path to market for our hemp-based food supplements without the need for regulatory approval, thus increasing our commercial options and expanding the potential territories we can sell the products in.”

Creso plans to distribute the new products globally with different commercial partners in several countries and expects that the products will be ready for launch in Q3 2020.

General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.