New Brunswick’s soil is growing on Canutra Naturals.
The company, a wholly owned subsidiary of AgraFlora Organics, was recently awarded a cannabis research licence by Health Canada that allows it to research proprietary genetics for its line of cannabinoid-infused cosmetics.
Canutra’s New Brunswick facility sits on 76 acres of arid agriculture land and includes over 17,500 sq. ft. of production facilities. In conjunction with the University of Moncton, the company plans to use its research licence to expand its portfolio of products, which are marketed throughout North America, China and Hong Kong.
“By leveraging our R&D team’s ability to create and perfect unique cannabinoid combinations focused on skincare functionality, we intend to become the leader of cosmetic cannabis technology in Canada and the world,” Tony Harris, Canutra’s chief executive officer said in a press release.
Among the company’s line of premium personal care products are Whole Hemp Health, an all-natural skincare line made from 100 per cent Canadian hemp seed oil.
And with the North American cannabis market expected to grow to $19-billion by 2020, the company said it is ready to grab its share.
“Canutra’s plan to create unique and functional farm to face skincare product offerings is sure to boost an already exponentially expanding sector,” said Brandon Boddy, chairman and CEO of AgraFlora. “We are most confident the Canutra team with be able to develop world-class products that will excite even the most demanding of consumers.”
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Written by David Yasvinski