Veritas Farms, Inc. Signs Memorandum of Understanding with Pure Research Products, LLC to Access and Incorporate its Immune Technology in the Development of Additional Veritas Farms Products; Initiates Research Partnership
October 22, 2020 at 09:08 am EDT
Share
Veritas Farms, Inc. announced that the Company has entered into a memorandum of understanding (the “MOU”) with Pure Research Products, LLC (“Pure Research”) to access and incorporate the technology used in their Del-Immune V brand of products to develop additional Veritas Farms full spectrum hemp oil products. Del-Immune V and the Del-Immune line of dietary supplements use the probiotic strain Lacticaseibacillus rhamnosus (L. rhamnosus) [WF1] to boost immune function in the body. Pure Research’s proprietary formulation utilizes fragmented cells, specifically the cell wall and DNA, from the probiotic bacteria to trigger an immune modulation that boosts, strengthens, and fine-tunes the immune system. The collaboration will endeavor to research, develop, produce, and validate the efficacy of Del-Immune V enhanced full spectrum hemp oil products.
Veritas Farms, Inc. (Veritas Farms) is an agribusiness that is focused on growing, producing, marketing, and distributing quality, whole plant, full spectrum hemp oils and extracts containing naturally occurring phytocannabinoids (collectively, CBD). Veritas Farms owns and operates an approximately 140 acres farm in Pueblo, Colorado, capable of producing over 200,000 proprietary full spectrum hemp plants, which can potentially yield a minimum annual harvest of 250,000 to 300,000 pounds of outdoor-grown industrial hemp. Veritas Farm's products include capsules, gummies, tinctures, lotions, salves, creams, balm sticks, lip balms, and pet chews. It also operates approximately 15,000 square feet of climate-controlled greenhouses to produce a consistent supply of year-round indoor-cultivated hemp. In addition, there is a 10,000 square-foot onsite facility used for processing raw hemp, oil extraction, formulation laboratories, and quality/purity testing.
Veritas Farms, Inc. Signs Memorandum of Understanding with Pure Research Products, LLC to Access and Incorporate its Immune Technology in the Development of Additional Veritas Farms Products; Initiates Research Partnership