Business View Magazine | February 2019

338 BVM: Are these proprietary to CanntabTherapeu- tics, and are you actually producing tablets for sale? Goldstein : “We’ve filed 13 patents on the technol- ogy, and we haven’t heard of anyone else who makes a hard pill form of extended release canna- bis, as yet.We’re only serving up a maximum 10 mg, at this point.We do something known as micro- dosing,which is really what doctors want to see.We have a tablet that’s 2.5 mg, one that’s 5 mg, and one that’s 10–the maximum dose Health Canada will allow.There’s not a lot of active ingredient in 10 mg. So, it really is more therapeutic,more medical. If you took five or six tablets, you could call it recre- ational because you’ll certainly get high, and it will last a good long time if you’re taking the extended release tablets, but that’s not truly who we’re after. We can see a non-medical lifestyle brand, for sure. I can envision people taking an extended release CBD tablet made by Canntab the way people now take a one-a-daymulti-vitamin.” Renwick: “We’re producing the tablets in a typical batch to showHealth Canada how the product is made, how safe it is, and how efficacious it is.Once they look at that data and approve it,we’ll be able to start selling the tablets. Right now in Canada, cannabis is only allowed to be sold in dried flower form, or as oil at room temp mixed with a curing oil like coconut or sunflower oil, or in an oil-filled gel cap.The oil or resin that’s in our pills has already been approved in those other three forms. So,we just have to prove to Health Canada that our pill delivery system is a better way to administer can- nabis, because it has greater stability over time, a longer shelf life, and the dosing is more accurate.” BVM: How long before your tablets are approved by Health Canada? Renwick: “If history repeats itself, getting dried flower approved was a certain process, and once you had that license to sell, you could apply for R&D on the tablets.Hopefully, after they have that data, it only takes a couple months for approval. But you really need a crystal ball to know how quickly

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