ANTIGONISH: St. Francis Xavier University is pleased to announce it has signed an agreement with Cultivator Catalyst Corporation (CCC), whose wholly owned Nova Scotia based subsidiary, THC Dispensaries Canada Inc. (THC Inc) became a licensed producer of cannabis on November 30, 2017 under Canada’s Access to Cannabis for Medical Purposes Regulations.
This is a three-year multi-disciplinary agreement where StFX will seek research collaboration opportunities with CCC and its subsidiaries on the development of proprietary solutions for the commercial cannabis industry.
Specific areas of collaboration include: the creation of unique cannabis genetics that may be used in clinical trials that CCC intends to undertake the development of new delivery methods and mechanisms for cannabis into the human body; research into new approaches for growing and cultivating cannabis at an industrial scale; assistance in sourcing human capital for CCC with a particular focus on StFX students and graduates; and work with regional and provincial authorities to support these activities.
“There are researchers at StFX with interest and expertise in cannabinoid compounds and how they may provide benefit for a variety of medical conditions,” said Andrew Kendall, StFX Manager of Industry Liaison and Technology Transfer. “We are also interested in research into cannabinoids from a harm reduction perspective. With THC Inc., we see opportunities where our faculty and students can collaborate in these areas.”
“I am excited to work with such a world-class academic and research institution,” Frank MacMaster, President of THC Inc. says. “At both CCC and THC Inc., we are not looking to build just another cannabis producer. Our approach is to build a platform that will offer unique products and services in the broad cannabis market that will have a disruptive impact on this young but fast-growing industry. THC Inc. is the first of several licensed producers throughout Canada we expect to be operating under the CCC banner in the coming 18 months and our work with StFX will benefit them all.
“We also look forward to supporting the local community by creating a large number of employment opportunities and creating an international center of innovation in cannabis here in Nova Scotia.”