Agrima Botanicals Corp. Develops Methodology for Water-Soluble Cannabinoid Delivery

This development strengthens the Company’s intellectual property footprint, providing the potential for Ascent to become a leading provider of cannabinoid formulates.  When the Company’s large-scale production facility, Agrima Labs, is fully licensed and operational, the Company expects it will be able to provide large quantities of water-soluble formulate to beverage and edibles manufacturers as an input ingredient. The Company expects to provide a variety of discrete cannabinoids, including THC, CBD, CBN and CBG distillates, isolates and water-soluble formulates, to medical and adult-use product manufacturers globally.  The Company is in the process of adding this intellectual property to its patent portfolio.

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