Canada House Wellness Group Inc. (CSE:CHV) (“Canada House” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (MOU) with The University of New Brunswick (UNB) to provide researchers with opportunities to pursue the health benefits of cannabis. 

“We’re excited to be working with Canada House’s team of medical, technological, scientific and business professionals to further build on UNB’s status as the leading academic and research-based university,” said Dr. David MaGee, vice-president of research at UNB.

“Our faculty and staff, combined with Canada House’s professionals, will lead the way in developing and executing multiple shared projects that will be at the forefront of this type of research.”

Canada House is a diversified group of companies with a broad range of expertise relating to the cannabis industry. Through the partnership, UNB and Canada House will provide researchers with opportunities to discover crucial information on the use of cannabis as a medicinal product. It will also allow for shared technology research and development and the exploration of shared education and outreach opportunities.

“We are pleased to be partnering with an academic institution of such high reputation, and rich history, as UNB,” said Larry Bortles, chair and CEO of Canada House. “As our industry continues to grow and expand, we are very excited at the potential of what we will accomplish together to change perceptions, not just in New Brunswick, but globally, of the efficacy of medicinal cannabis and it’s wide range of curative potential.” 

The MOU continues UNB’s commitment to strengthening the provincial economy through innovative natural product research.

Potential areas of collaboration between Canada House and UNB include education, technology platforms, analytics and clinical and medical research, as well as plant research and genomics. A working group will be formed soon to identify and prioritize these research and educational projects.

“We are looking forward to starting work together immediately,” declared Dr. MaGee.