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Friday, October 29, 2021 9:39:27 AM
As it relates to the core business of Protext, the owners have a family-related business within the hemp and cannabis space and see synergies in developing Protext's proprietary live plant extraction technology. Discussions are ongoing relating to a road map for the build out of an extraction system in North America using Protext' proprietary methods, processes and Kettle equipment that would be applicable to the hemp and cannabis industries." Prior research and trials have shown that the Kettle system, when applied to other medicinal plants, can create an extract that is significantly more bioavailable (10-15x) than a standard extract. This means that the cannabis extract should be significantly more potent requiring a smaller dose, while providing a dose that could potentially last up to 24 hours in the bloodstream, which is in-line with prior clinical results using other medicinal plants such as green tea.
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