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Viaderma Inc (OTCMKTS:VDRM) reported that the President, Dr. Christopher Otiko is focusing on a distribution contract to distribute its Patent Pending offerings to more than 400 retail dispensary sites in Canada. The firm would combine its Patent pending MMJ know-how, a patent for offering medical marijuana and cannabis to the body by putting the drug onto the skin in an ointment base topical offering. It intends to launch three offerings in the form of a spray application, an ointment application and a roll on application.
The details
Viaderma intends to continue to expand its Intellectual Property Portfolio in 2017 and 2018, adding numerous offerings, including a treatment patch of numerous diseases, such as, fibromyalgia, Cohn’s disease, nicotine addiction, pain management for cancer, Multiple Sclerosis and schizophrenia, migraine headaches.
Dr. Otiko expressed that unlike other similar offerings on the market, what makes their top class product line innovative is having the % of CBD and THC listed on their offerings, and with their patent pending delivery mechanism they will have over 95% of the active ingredients immersed into the skin. Similar competing offerings have an absorption rate of 5% to 30%, and often not listed or tested at all.
Earlier this year, the firm had finalized a formal deal based on its preliminary LOI to associate with a Canadian group with proficiency in logistics that comprises distribution for the anticipated and new products. The firm is working with Viaderma and is advancing numerous key offerings for launch to market.
Viaderma President recently met with the Canadian firm, and was introduced to numerous firms involved with the management firm to bring a leading product line to the market. These comprise a major social media management firm that will assist the businesses grow online, a major Canadian Dispensary firm who has helped with product advancement who will be showcasing the product line, and a key Canadian skincare firm, that has help create their fresh offerings without harmful toxic ingredients and preservatives.
