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$CANQF NHL Alumni Association partners with CanaQuest and NEEKA Health to Conduct Studies for Anxiety and Quality of Life in former NHL Players
https://www.accesswire.com/797863/nhl-alumni-association-partners-with-canaquest-and-neeka-health-to-conduct-studies-for-anxiety-and-quality-of-life-in-former-nhl-players
TORONTO, ON / ACCESSWIRE / October 31, 2023 / NHL Alumni Association (NHLAA), NEEKA Health Canada("NEEKA"),and CanaQuest Medical Corp ("CanaQuest") are pleased to announce a transformative study partnership that will investigate the efficacy of Mentanine® as a potential treatment to reduce anxiety in former NHL players.
NEEKA will lead studies on Mentanine®, a natural cannabidiol and essential fatty acid product, to evaluate the efficacy of the formulation to reduce anxiety and increase quality of life. The research will be conducted by NEEKA's extensive and expert clinical research team which has been formed by Dr. Amin Kassam, a world-renowned neurosurgeon, and Founder / Chief Executive Officer of NEEKA, and will be led by Dr. Hunter Land, Chief Scientific Officer of NEEKA.
"The demanding nature of playing the fastest game on the planet, with no out of bounds, against the best competitors in the world, can often have a tremendous toll on the physical and emotional well-being of our NHL Alumni members, and their families, in retirement," said Glenn Healy, Executive Director of the NHLAA. "Our mission at the NHLAA is to 'Honor the Past' by finding ways to support our members in the next phase of their careers. For me personally, this means having as many tools as possible at our disposal that allow us to say ‘yes we can help' when an NHL Alumni member requires assistance. This study is exactly that, another potential solution that we think could make an immeasurable difference in the lives of our members."
A substantial number of high-performing, former professional athletes have developed impairments as a result of mental and physical trauma that has resulted in overwhelming changes to their Quality of Life (QoL). The impairments can range from mood disorders, sleeping challenges, anxiety, and issues with social and work status, among many others. In some cases, this leads to limitations in their ability to cope with their environment, a term NEEKA has defined as "functional disintegration". This study will undertake the rigorous science needed to establish the medicinal value of cannabinoids when combined with other proven interventions amongst this highly afflicted group of elite athletes and potentially improve their ability to interact with family, friends, and their communities.
"Our team has witnessed the debilitating effects of mental and physical trauma on the lives of professional athletes and their families while struggling with functional disintegration," said Edward Francis, President, and Chief Operating Officer of NEEKA. "This study represents an immense opportunity to evaluate QoL indications with cannabidiol, particularly when coupled by innovative paradigms such as upstream peer support, artificial intelligence conversation entities and digital mental health intervention."
"It's an honor to be chosen as a partner by the NHLAA and NEEKA teams. This partnership will not only transform the lives of these professional athletes and their families but could be a catalyst for new discoveries," said Paul Ramsay, CEO of CanaQuest. "This decentralized and observational study will further substantiate our pre-clinical trial results and provide valuable data on the effects and efficacy of Mentanine® and the results of this study could also develop new research initiatives as alternative treatments to help former athletes with a variety of other QoL issues such as addictions, PTSD and other secondary neurological conditions".
Dr. Amin Kassam has led four neurosurgery programs over two decades, has vast clinical experience, has published over 320 peer-reviewed articles, and is widely recognized as a true leader in technology developments that advance and define next generation patient care serves as the CEO of NEEKA. NEEKA's clinical team will be led by the global thought leader in cannabinoid research, Dr. Hunter Land. Dr. Land, CSO of NEEKA, co-led the clinical development of Epidiolex (FDA approved prescription cannabidiol) for GW Pharma, has over 20 years of R&D expertise across 25 different indications, as well as over 12 years of cannabinoid-focused research.
For more information on the clinical study, visit CanaQuest and NEEKA
$CANQF CANAQUEST Announces Award of European Cannabinoid Patent
https://www.accesswire.com/viewarticle.aspx?id=785136
EU Patent #19846183.2 - A NOVEL BOTANICAL AND TETRAHYDROCANNABINOL ("THC") FORMULATION FOR THE REDUCTION OF CANNABIS-INDUCED NEGATIVE NEUROPSYCHIATRIC SIDE-EFFECTS
We believe we can provide a safer alternative to other THC products providing the benefits without the negative psychiatric side effects. Pre-clinical trials have demonstrated the reversal of depression-like and schizophrenia-related symptoms, blockage of memory impairment, hyperactive activity, and gene vulnerability.
TORONTO, ON / ACCESSWIRE / September 19, 2023 / CanaQuest Medical Corp ("CanaQuest" or the "Company") (OTC:CANQF), a clinical-stage life sciences company focused on drug discovery and development of next-generation targeted cannabinoid therapeutics for the central nervous system (CNS), is pleased to announce it was awarded a European Cannabinoid Patent, a novel Botanical and Tetrahydrocannabinol ("THC") Formulation for the reduction of cannabis-induced negative neuropsychiatric side-effects.
The formulated product is branded as Mentabinol®, which addresses various psychiatric disorders. Acute THC consumption can trigger paranoid thoughts in vulnerable individuals.
Mentabinol® - Formulation utilizing pharmaceutical-grade botanical extract, L-theanine, and THC molecules extracted from cannabis.
The Scientific Difference - based on pre-clinical trial results at Western University
THC vs Mentabinol®
For many users, THC causes:
Memory impairment and possible long-term cognitive side effects,
Depression-like and schizophrenia-related symptoms,
Anxiety and hyperactive activity,
Schizophrenia due to gene vulnerability.
Application of Mentabinol® has demonstrated in pre-clinical trials:
Reversal of depression-like and schizophrenia-related symptom effects,
Blockage of memory impairment, hyperactive activity, and gene vulnerability.
The discovery was made by a research team led by Dr. Steven Laviolette, a professor, and neuroscientist at Western University with decades of experience in the fields of mental health and cannabinoids.
Western University's Dr. Steven Laviolette said, "What we found was that by administering L-theanine along with the THC-based formulation, we were able to block several side effects of THC exposure, including changes to schizophrenia-related neurochemical pathways, and abnormalities in behaviors - including cognitive and emotional disturbances." "This will be especially beneficial for those who are taking THC for things like long-term pain, chemotherapy side effects, or reducing anxiety or depression." Western University researchers believe this formulation may mitigate this type of harm to chronic cannabis users. The team also concluded that their research provides evidence for combining the THC-based formulations with L-theanine to make them safer for both recreational and medicinal use.
Paul Ramsay, CEO and Co-Founder of CanaQuest stated, "Our patented THC-based formulation will be a catalyst to complement pending Clinical Studies and to introduce our product, branded as Mentabinol®, to the market as a safer alternative to THC by itself."
Physicians, psychiatrists, and healthcare practitioners, interested in joining our network, as well as institutions, clinics, and pharmacies, can register via Join our network.
Domestic and international medical product distributors are welcome to contact us with indications of interest.
For more information, visit https://www.canaquest.com/corporate-profile/about-us/.
$CANQF CANAQUEST SIGNS MEDICINAL CANNABIS EDUCATION PARTNERSHIP WITH THE CANADIAN CANNABIS DISPUTE RESOLUTION CENTRE
Press Release | 03/11/2021
TORONTO, March 11, 2021 (GLOBE NEWSWIRE) -- CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”), a Life Science/Pharmaceutical Company developing health products utilizing cannabinoid molecules and other botanical compounds (pharmaceutical grade), is pleased to announce its new partnership with the Canadian Cannabis Dispute Resolution Centre ("CCDRC"), a national organization that has developed cannabis-related education and training programs, both domestically and internationally, to assist different levels of government, the private sector, industry-specific organizations and associations.
The CCDRC/CanaQuest partnership will serve to raise global awareness. The common theme of all education relates to conflict resolution, which can be mitigated through education. A critical component of the partnership will be its focus on promoting scientifically backed evidence, pre-clinical data and published research papers of Dr. Steven Laviolette and his 13-person team at Western University in Canada.
For the past 20 years, Dr. Laviolette and team have studied the effects of cannabinoids on mental health and wellness. Their research focuses on using cannabinoids for the development of novel pharmacotherapies to address anxiety, depression, addiction, schizophrenia and Post Traumatic Stress Disorder (PTSD).
Treena Reilkoff, a Trauma Informed Mediator and Facilitator with the CCDRC stated, “We are pleased to have the opportunity to collaborate with CanaQuest. Our common goal is the recognition that medicinal cannabis is an alternative treatment to traditional pharmaceuticals and through education about the practicality and safety of medicinal cannabis, barriers and stigmas are reduced. The CCDRC is pleased to provide education and consulting services to help prevent cannabis-related workplace conflicts from escalating.”
Paul Ramsay, CanaQuest Co-founder and President, added, “Our joint recognition of the importance of education and of people being able to have self-determination in their choices of prescriptions are the key drivers of this partnership.“
About CanaQuest Medical Corp:
CanaQuest Medical Corp is a Life Science/Pharmaceutical Company developing health products utilizing cannabinoid molecules and other botanical compounds (pharmaceutical grade). The Company is the industry partner for research and product development with Dr. Steven Laviolette, a professor and neuroscientist, who has 20 years of research experience in the field of mental health and cannabinoids and oversees a team of 13 scientists at Western University. The Company’s research is focused on the use of cannabinoids for the development of novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”. CanaQuest has identified the regulatory pathways to obtain Drug Identification Numbers (DINs) for its two Master Formations, Mentanine®Rx and Mentabinol®Rx in Canada and the USA.
As well, CanaQuest will be selling both products through its wholly owned subsidiary, ADC BioMedical Corp, which was awarded a Cannabis Medical Sales, Import/Export License, from Health Canada under the Cannabis Act. Licenced GMP Contract Manufacturers in Canada and the USA, capable of formulating, processing, and packaging, have been selected for production and distribution. The Company won the Go Global Awards, 2019, "Business of the Year – Category of Life Science,” presented by the International Trade Council.
For a short video on the research, visit
$CANQF announces its new partnership with the Canadian Cannabis Dispute Resolution Centre ("CCDRC") https://finance.yahoo.com/news/canaquest-signs-medicinal-cannabis-education-140000213.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$CANQF a Life Science/Pharmaceutical Company developing health products utilizing cannabinoid molecules and other botanical compounds (pharmaceutical grade), today announced a new production and distribution agreement with PurCann Pharma (“PurCann“) and SiliCycle Inc. (“SiliCycle“). PurCann, a subsidiary of SiliCycle, is recognized for its unique expertise in the Extraction-Purification and commercialization of cannabinoids. https://finance.yahoo.com/news/canaquest-signs-mentanine-mentabinol-production-140000395.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$CANQF CANAQUEST MEDICAL CORP SECURES APPROVAL FOR LISTING ON THE OCMX™, AN ONLINE INVESTOR AND FINANCIAL CONNECTION PORTAL
Press Release | 09/17/2020
TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”), a Life Science/Pharmaceutical Company developing health products utilizing cannabinoid molecules and other botanical compounds (pharmaceutical grade), today announced that it has been approved to raise capital on The OCMX™, an online portal that publicizes and provides financial connections to public and privately held investment opportunities.
Planned use of proceeds for CanaQuest’s raise include helping further facilitate a funding pathway for FDA drug approval, which is already underway.
The OCMX™ has spent considerable time completing its due diligence on the Company and concluded that there is indeed a tremendous opportunity for Investors and Advisors. The OCMX™ noted that, “CanaQuest Medical Corporation exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.”
OCMXListing - https://theocmx.com/marketplace/canaquest/
INVESTMENT OPPORTUNITY HIGHLIGHTS
1) Based on the preclinical trial results, the Company believes that Mentanine® has several advantages compared to other CBD products. For example, the Mentanine® formula, manufacturing process and drug delivery significantly increases the efficacy of the CBD, thus requiring a lower amount of CBD for medication purposes, eliminating negative side effects associated with high CBD consumption.
2) The synergistic effect of the formula, which allows the drug to cross the Blood Brain Barrier, will provide the opportunity for Mentanine® to treat numerous mental health issues. It can also be used as a direct alternative to THC products.
3) In June 2018, Epidiolex was approved by the US FDA as the only CBD product approved by the FDA. As a result, GW Pharma generated in excess of $290 Million in revenue.
4) Under the Pharmaceutical regulatory pathway (pursued by GW Pharma), CanaQuest is focusing on obtaining approval for two scientifically developed products to deal with mental health while eliminating significant negative sides effects as compared to other CBD and THC products on the market today. Mentanine®Rx - CBD based formulation, and Mentabinol® Rx – THC based formulation. Based on pre-clinical trials results CanaQuest products have a clear path for obtaining regulatory approvals.
5) ADC Biomedical (CanaQuest’s subsidiary) will be selling medical cannabis and cannabinoid products to patients in Canada under its licence with Health Canada. Hemp-Omega (omega3 and hemp isolate) formulation will be sold to US consumers under the US Farm Bill.
About The OCMX
The OCMX™ is literally changing how companies and investment funds to generate exposure in the marketplace and raise funds as we know it. The OCMX™ serves both public and private companies along with investment and mutual funds which need to raise additional funds or gain significant market exposure. It does this by way of connecting the relevant companies, funds, investors, and advisors all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia. The OCMX™ connects investors and advisors directly with companies and investment funds seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
About CanaQuest Medical Corp:
CanaQuest Medical Corp is a Life Science/Pharmaceutical Company developing health products utilizing cannabinoid molecules and other botanical compounds (pharmaceutical grade). The Company is the industry partner for research and product development with Dr. Steven Laviolette, a professor and neuroscientist, at Western University. The Company’s research is focused on the use of cannabinoids for the development of novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”. CanaQuest’s wholly owned subsidiary, ADC BioMedical Corp, was awarded a cannabis and cannabinoid products, Sales/Purchase, Import/Export license from Health Canada for Medical purposes. The Company won the Go Global Awards, 2019, "Business of the Year – Category of Life Science,” presented by the International Trade Council.
For more information, visit http://www.canaquest.com
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, use of proceeds and the development, costs, and results of current or future actions and opportunities in the sector. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, our ability to raise the additional funding we will need to continue to pursue our exploration and development program, and our ability to retain important members of our management team and attract other qualified personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission and OTC Markets.
CANAQUEST CONTACT:
Paul Ramsay, Co-Founder & President
CanaQuest Medical Corp
paul@canaquest.com:
Tel.: 416-704-3040
THE OCMX™ CONTACT:
The OCMX™
TD Canada Trust Tower 161 Bay Street, 45th Floor Toronto, Ontario, M5J 2S1
prosper@theocmx.com
Tel: 1-866-209-6862
$CANQF CANAQUEST MEDICAL CORP SECURES APPROVAL FOR LISTING ON THE OCMX™, AN ONLINE INVESTOR AND FINANCIAL CONNECTION PORTAL https://finance.yahoo.com/news/canaquest-medical-corp-secures-approval-130000362.html?.tsrc=fin-srch
$CANQF UPDATE: CANAQUEST MEDICAL CORP FILES PROVISIONAL PATENT FOR MENTANINE® - OMEGA-3 & PURE CANNABIDIOL (“CBD”) FORMULATION BOOSTING MENTAL HEALTH EFFICACY WHILE MINIMIZING CBD DOSAGE
Press Release | 07/14/2020
TORONTO, July 14, 2020 (GLOBE NEWSWIRE) -- CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”), a company developing unique health products and nutraceuticals utilizing cannabis/hemp molecules and botanical compounds, has filed a Provisional Cannabidiol/Omega-3 Patent, trade named Mentanine®, which was developed as a result of its sponsored research program at Western University, based in London, Ontario, Canada.
The application of CBD alone has little effect/impact on the ability of the Central Nervous System “CNS” to help with mental health issues. Our newly developed formula will be a “life changer” for many.
The scientifically developed formula went through pre-clinical studies at Western University. Results from these pre-clinical trials, addressing anxiety, depression, PTSD, and schizophrenia have been statistically significant. These results also reduced inflammation, which has beneficial implications for pain. The application of this formulation can decrease opioid addiction effects and schizophrenia-related symptoms.
Mentanine® a scientifically developed and formulated medical product is tasteless and can be produced as a water-soluble liquid and powder, with significantly improved bioavailability. The liquid version of this product was produced and successfully tested for quality and safety by third party laboratories in the USA and Canada.
Dr. Laviolette (of Western University) stated, “Our CBD-based formulation works synergistically and has multiple times the efficacy compared to other CBD products on the market. This discovery sets the stage for substantially smaller dosages of CBD generating the desired results without the negative side effects. There is strong evidence that this formulation is also a very promising epilepsy treatment, which I believe makes the formulation even more promising for these applications.”
Pre-clinical trials:
Indicated more than 10 times the efficacy as compared to CBD molecules alone
Reduced Anxiety, Depression, PTSD and Addictive effects.
Demonstrated significant reduction of inflammation, which can be beneficial for pain management.
As a result, this formulation can be administrated with significantly smaller doses of medical CBD, therefore, reducing or even eliminating the negative side effects caused by high consumption of other competing CBD oils available today.
CanaQuest has selected Licensed Processor (LP) partners for contract manufacturing in Canada and the USA to formulate, process, package and distribute Mentanine®. In Canada, the company can distribute and sell this formulation to patients and approved entities under its previously awarded Cannabis Sales/Purchase, Import/Export license from Health Canada, through its wholly owned subsidiary, ADC BioMedical Corp.
Mentanine® will be available for purchase in Canada and the USA within weeks. In order to take advantage of our exclusive introductory offer (30% discount), you can register online at www.canaqueststore.com or any questions can be sent to info@canaqueststore.com
For international distribution opportunities please contact Paul Ramsay at paul@canaquest.com
Paul Ramsay, Co-Founder and President of CanaQuest stated, “The launch of our scientifically backed product, Mentanine®, is extremally timely for patients in need, especially during these unprecedented, turbulent times. This incredible discovery opens an opportunity to treat anxiety, depression and other ailments, working side by side with THC, without getting high.”
Based on the aforementioned pre-clinical results, CanaQuest Medical is planning to register Mentanine® Rx by applying for a Drug Identification Number “DIN number” with Health Canada and the US-based Food and Drug Administration (FDA). This initiative will be done under the CanaQuest Pharma division after successful introduction of the product to the Natural Health (Nutraceutical) market. The Company believes the time to approval process will be significantly reduced because of the quality of the pre-clinical work and the recent regulatory approvals, which have been provided for other products containing CBD and THC.
The Company is also in discussions with a pharmaceutical company to formalize collaboration, production, and a distribution agreement. Simultaneously, together with other potential pharma partners, CanaQuest is in the process of organizing Human Trials to prove the efficacy and safety data following randomized double-blind, placebo-controlled trials.
Competitive Advantage
Dr. Laviolette is a scientific veteran with over 14 years of research experience in the field of mental health and cannabis and he oversees a dedicated team of 13 scientists. Dr. Laviolette’s mandate is to conduct research and pre-clinical trials to develop safe, healthy products that utilize cannabis, hemp, and botanical extracts, while blocking the negative psychiatric side-effects. All selected compounds are natural (non-synthetic).
About Dr. Steven Laviolette:
Professor and Neuroscientist at the Schulich School of Medicine & Dentistry at Western University in London, Ontario, Dr. Laviolette is a leader in the study of cannabinoids in mental health and was recently awarded “Faculty Scholar” status. Dr. Laviolette’s research team has previously made numerous fundamental discoveries related to how cannabinoids impact and may serve as treatments for mental health disorders including schizophrenia, depression, post-traumatic stress disorder and anxiety. Dr. Laviolette’s primary research focus is in characterizing how specific phytochemical derivatives of cannabis may interact with specific brain pathways and molecular mechanisms whereby they may improve symptoms associated with various mental health disorders. Research from Dr. Laviolette’s team has been published in the world’s top tier of neuroscience and psychiatry journals. The following is a link to Dr. Laviolette’s profile on Western University’s website.
http://www.schulich.uwo.ca/anatomy/people/bios/faculty/laviolette_steve.html
About CanaQuest Medical Corp:
CanaQuest Medical Corp is a life science company focused on unique health products and nutraceuticals utilizing cannabis/hemp molecules and botanical compounds, including algae compounds. The Company has engaged two prestigious Canadian universities to research and develop formulated products, which the company is in the process of launching. Our research is focused on the use of cannabis derivatives for the development of our novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”. CanaQuest previously announced it filed an International Patent on Mentabinol® (THC based, all-natural formulation) as a safer alternative to all other THC products, addressing anxiety, depression and schizophrenia, while protecting all THC users from negative psychiatric side-effects. The Company won the Go Global Awards, 2019, "Business of the Year – Category of Life Science,” presented by the International Trade Council.
For more information, visit http://www.canaquest.com
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, use of proceeds and the development, costs, and results of current or future actions and opportunities in the sector. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, our ability to raise the additional funding we will need to continue to pursue our exploration and development program, and our ability to retain important members of our management team and attract other qualified personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission and OTC Markets.
CANAQUEST CONTACT:
Paul Ramsay, Co-Founder & President
CanaQuest Medical Corp
paul@canaquest.com: Tel.: 416-704-3040
Attachment
CANAQUEST MEDICAL CORP
CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”), a developer of novel health products utilizing cannabis, hemp, and botanical extracts, including algae oils, today announced it has applied to Health Canada for approval to produce, sell and export Mentabinol® (THC based, all-natural formulation) under the Cannabis Act.
Approval of the filed application is anticipated in March 2020 and will enable CanaQuest and its Licensed Processor partners, who are capable of formulating, processing, packaging and distribution throughout Canada to initiate sales and global exports 30 days after approval. CanaQuest was awarded a Cannabis Sales/Purchase, Import/Export license from Health Canada through its wholly owned subsidiary ADC BioMedical Corp.
Positive data from CanaQuest’s research and pre-clinical trials is the driver for its first product, Mentabinol®. CanaQuest previously filed an International Patent for Mentabinol®, a Medical Cannabis formulated alternative to other THC products, which addresses anxiety, depression and schizophrenia, while protecting THC users from negative psychiatric side-effects.
Additionally, the Company is in the process of filing an application to get a Drug Identification Number (DIN) for Mentabinol Rx® with Health Canada, under The Food & Drug Act (FDA).
CanaQuest is also beginning discussions with domestic and international Pharma companies to formalize collaboration, production and distribution agreements. With potential Pharma partners, the Company plans to organize Human Trials to prove the efficacy and safety data of Mentabinol Rx® following randomized double-blind, placebo-controlled trials.
The duration of these trials is estimated to be completed within 20 weeks and will be conducted in conjunction with enrolled hospital and clinic patients suffering from anxiety and depression.
Competitive Advantage
The Company has engaged two prestigious Canadian universities to research and develop formulated products. Dr. Steven Laviolette and his team at Western University have developed two master Medical Cannabis formulations. Dr. Laviolette is a neuroscientist and scientific veteran with over 14 years of research experience in the field of mental health and cannabis and has a dedicated scientific team of 13 scientists at Western University.
This partnership gives CanaQuest a tremendous product development resource in the Medical Cannabis sector. The completed pre-clinical lab trials have previously demonstrated compelling results for both THC- and CBD-based products.
About CanaQuest Medical Corp:
CanaQuest Medical Corp is a life science company focused on medical cannabis products. The Company is committed to developing novel health products that utilize cannabis, hemp, and botanical extracts, including algae oils. The Company has engaged two prestigious Canadian universities to research and develop formulated products, which the company is in the process of launching. Our research is focused on the use of cannabis derivatives for the development of our novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”. CanaQuest filed an International Patent on its first game changing discovery, Mentabinol®.
For more information, visit the CanaQuest website at http://www.canaquest.com
$CANQF Management Discussion and Analysis CanaQuest MD & A_ September 30, 2019
https://backend.otcmarkets.com/otcapi/company/financial-report/233923/content
$CANQF
CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”) announces that it has won the Go Global Awards "Business of the Year – Category of Life Science”, presented by the International Trade Council.
The final judging took place during the Think Global Conference on October 22nd and 23rd in Chicago. This recognition will further open doors for international business opportunities. CanaQuest presented before a select judging panel and an audience of CEOs, investors and Government Ministers and Ambassadors. To view the presentation provided, visit http://nnw.fm/Go-Global-Awards-Presentation.
Recently, CanaQuest was granted a cannabis sales-import-export license from Health Canada. Additionally, CanaQuest filed an international patent on its first game-changing formulation, Mentabinol™, which protects THC users from negative psychotic side effects.
The Company is focused on the development of proprietary research and products utilizing cannabis oil combined with other botanical extracts, including algae oil. Positive data from CanaQuest’s research and pre-clinical trials has positioned the Company to bring its first CBD and THC based products to market.
The Company has engaged two prestigious Canadian universities, Western University and the University of Waterloo, to provide research and to create these unique formulations and products. Our research is focused on mitigation of the spread of cancerous tumors and the development of novel pharmacotherapies for mental health.
The company has found a competitive advantage working with Dr. Steve Laviolette, a scientific veteran with over 13 years of research experience in the field of mental health and cannabis, and his dedicated scientific team of 12 scientists at Western University. This partnership gives our Company a tremendous competitive advantage compared to sporadic publicly disclosed research in this area. The completed pre-clinical trials at the Western University lab have demonstrated exciting results.
“We continue to be enthusiastic about our partnership with CanaQuest, and we are proud they are winners of the Go Global Awards “Business of the Year – Category of Life Science,” states Dr. Steven Laviolette. “The results of our research have demonstrated safer and clinically superior cannabinoid formulations aimed at treating the symptoms of various mental disorders.”
Paul Ramsay, Co-Founder and President of CanaQuest, adds, “Being a winner of the Go Global Awards Business of the Year – category of Life Science, out of over 3,000 applications, is an honor and speaks highly of the tremendous accomplishments by Dr. Steven Laviolette and his team.”
About CanaQuest Medical Corp
CanaQuest Medical Corp is a life science company focused on medical cannabis products. The Company is committed to developing novel health products that utilize cannabis, hemp, and botanical extracts, including algae oils. The Company has engaged two prestigious Canadian universities to research and develop formulated products, which the company is in the process of launching. Our research is focused on the use of cannabis in the context of cancer and the use of cannabis derivatives for the development of our novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”. CanaQuest was awarded a cannabis sales-import-export license from Health Canada. Additionally, CanaQuest filed an international patent on a first game changing discovery, Mentabinol™, protecting THC users from negative psychotic side effects.
For more information, visit the CanaQuest website at http://www.canaquest.com
About the International Trade Council
The International Trade Council Go Global Awards bring together hundreds of senior executives from some of the world's most innovative manufacturers, re-manufacturers and exporters, along with representatives from government bodies, trade associations, venture capital firms and financial institutions. The awards help celebrate the companies that are driving the economy forward through their innovations, technologies and strategies. While the Go Global Awards offer the opportunity to be recognized and honored by their peers it also goes beyond winning trophies and citations. The program aims to build a community of manufacturers, exporters and related service providers to support one another, share ideas, create partnerships and build on their existing knowledge and connections. Winners gain access to unique international platforms for their projects and companies throughout the extensive International Trade Council network of more than 76 countries and over 418 professional organizations worldwide.
For more information, visit the International Trade Council website at https://www.tradecouncil.org
$CANQF CanaQuest has developed a safer THC medical cannabis
formulation (Mentabinol™) from research and pre-clinical trials at
Western University https://canaquest.com/wp-content/uploads/2019/10/Health-Europa-Article-10-11-2019.pdf
I see it, I’ve been adding last few weeks-This can go to dollars in the blink of an eye with 4M FLOAT. All it needs is some attention.
CANQF $$$ HUGE NEWS OUT...IS ANYBODY SEEING THIS...DID IT HIT THE WIRES !!!! IS EVERYBODY BLIND !!!! WOW,,
$CANQF CANAQUEST MEDICAL CORP announces filing of INTERNATIONAL CANNABIS PATENT https://otcmarkets.com/stock/CANQF/news/story?e&id=1435896
ADYNF: effective April 8,2019 Algae Dynamics Corp., ADYNF, will change to CanaQuest Medical Corp., CANQF
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Spoke to president of company today-their novel formulations are going to revolutionize the medicinal and recreational cannabis market. Don’t believe me, call him. COMPANY CONTACT:
Paul Ramsay, Co-Founder & President, CanaQuest Medical Corp
paul@canaquest.com
416-704-3040
I like the fact they are tied to several major universities-CanaQuest Medical Corp is engaged in the development of unique health products and nutraceuticals that utilize hemp, cannabis and algae oils. The Company has engaged two Canadian universities to provide research into the use of botanical extracts and cannabis formulations, which the company plans to use to develop products that combine the significant health benefits of botanical extracts and extracts from cannabis oil. Our research is focused on the use of cannabis in the context of cancer and the use of cannabis derivatives for the development of our novel pharmacotherapies for mental health, such as anxiety, depression, addiction, schizophrenia, and Post Traumatic Stress Disorder “PTSD”.
For more information, visit our website at http://https://canaquest.com/
CANAQUEST MEDICAL CORP announces Award of a
THC and CBD Research & Development at prestigious universities is the primary factor for the development of the Company’s Products.
TORONTO – September 11, 2019 - CANAQUEST MEDICAL CORP (OTC Markets: “CANQF”) (the "Company" or “CanaQuest”), a company developing proprietary health products and nutraceuticals utilizing cannabinoid and botanical oil extracts,
“As a licence holder under the Cannabis Regulations, our company can now target the introduction of our first proprietary Cannabis THC and Botanical formulation, MentabinolTM after December 17th., 2019.” Paul Ramsay, Co-Founder and President of CanaQuest stated. “
Licence as permitted under the Health Canada Cannabis Act, through its wholly
owned subsidiary, ADC BioMedical Corp.
Licence is a foundation for the company to begin domestic and international sales of our
Proprietary Cannabis and Botanical formulated products.
Under the proposed Health Canada Amendment for Cannabis Edibles Regulations, our
products will be included and licenced for sale as of December 17th, 2019.
through its wholly-owned subsidiary, ADC BioMedical
Corp., has obtained a cannabis purchase/sales licence, with a provision to apply for import/export permits
for cannabis as permitted under the Health Canada Cannabis Act.
The research and pre-clinical
trials have positioned us to introduce our novel THC formulation to provide a better alternative for recreational and medicinal consumers today. Our goal is to make all consumers of THC products (recreational or medical), who are concerned about the short term and long term negative psychotic
effects of THC, aware that our products exist. There is
discovery.” Ramsay further stated.
13 years of research that has led to this amazing
The company’s competitive advantage comes from Intellectual Property developed under its sponsored research contract with Western University. Through this partnership with Dr. Laviolette, a scientific veteran with over 13 years of research in the field of mental health and cannabis, plus a dedicated scientific team of 12 scientists and Western University, CanaQuest has a definitive competitive advantage in developing Research and Science based formulations for better THC and CBD experiences. The completed pre-clinical trials at the Western University lab has demonstrated exciting results and has put the Company in a position to introduce CanaQuest’s novel THC formulation at the inception of the Edible and Extract marketplace. Additionally, the scientific data and the beneficial results of our proprietary CBD-based formulation is in the final stage and we anticipate introduction of this new formulation into the marketplace in the very near future.
http://www.schulich.uwo.ca/anatomy/people/bios/faculty/laviolette_steve.html
Cannabis Purchase/Sales