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COMPUTEX TAIPEI 2019 Exhibitor Profiles
TAIPEI–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AIoT?src=hash” target=”_blank”gt;#AIoTlt;/agt;–COMPUTEX TAIPEI 2019 runs May 28 – June 1, 2019 at the Taipei World
Trade Center, Taipei Nangang Exhibition Center, and the Taipei
International Convention Center (TICC). Business Wire is the official
news distribution partner for COMPUTEX. Listed below are
exhibitor profiles.
Company: | Aeromax Technology Co., Ltd. |
Booth: | S1216 |
Web: | http://www.aeromax.com.tw/ |
Aeromax, founded in June 2006, aims to be a total solution provider in the Digital STB, Android TV, Audio sound card and Professional/Industrial electronics industry. |
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Our products are designed and made in Taiwan and many OEM/ODM customers have continuously regarded Aeromax as their partner because of our dedication to creating high quality products. |
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Recently launched: | |
AW1500_15W Walnut Casing Wireless Fast Charger. | |
It features premium brass construction and polished handmade walnut casing. |
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With excellent quality and safety, we’re sure the AW1500 (made in Taiwan) can bring the best charging experience to our customers. |
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Company: | ATrack Technology Inc. |
Booth: | SmarTEX – S0810a |
Ticker Symbol & Exchange: | TPEX:6465 |
Web: | www.atrack.com.tw |
ATrack (TPEX: 6465) specializes in telematics hardware designing and manufacturing. |
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Our core R&D team has over 15 years of industry experience, and our products have been deployed in various operating environments worldwide. |
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ATrack has also been particularly successful at performing user-specific firmware and hardware customizations to help our clients win projects in this dynamic market. Through our continuous commitment to the industry and providing unmatched level of responsiveness, we have been recognized as one of the most reliable hardware partners. |
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Company: | BIN YUANN FIRSTLINE INDUSTRIAL CORP. |
Booth: | Q1334a |
Web: | www.binyuann.com |
Bin Yuann specializes in the exporting of server chassis rails and cabinets. |
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The company was recognized by ASIG Germany for our outstanding quality and performance. |
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Company: | CERVOZ |
Booth: | K0303a |
Web: | www.cervoz.com |
Cervoz develops, produces, and markets storage and memory products for industrial applications. |
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Everything we do, from design, product management, and manufacturing, to quality control, sales and service is dedicated to fulfilling the special characteristics of diversified and critical industrial applications. |
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We are able to offer our high quality embedded products with legacy and mainstream technology, long-term availability, BOM (bill of material) control, high reliability, and top compatibility. |
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Company: | CINCOZE |
Booth: | K0208 |
Web: | www.cincoze.com |
Cincoze is a professional manufacturer of embedded computing platforms. |
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We design, manufacture, and market rugged fanless computers, industrial panel PCs, and monitors for harsh and demanding environments. With its leading-edge products and application-driven functionalities, Cincoze enables new technologies and solutions for multiple applications, including factory automation, machine automation, machine vision, in-vehicle computing, intelligent transportation, and surveillance. |
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Company: | Clientron Corp. |
Booth: | R0827, Nangang Hall2 |
Ticker Symbol & Exchange: | 8119 |
Web: | www.clientron.com |
Clientron was founded in 1983. The company is dedicated in providing global intelligent solutions to our clients. With design, manufacturing and service abilities, Clientron offers high-quality and high-performance computing platforms including Thin Client, POS, Automotive Electronics and Intelligent Embedded Systems. We commit to continuously provide better IoT client solutions and services for our partners and customers to build an intelligent e-World. Visit us at www.clientron.com. |
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Company: | CyberLink |
Booth: | S0704a |
Ticker Symbol & Exchange: | TSE: 5203 |
Web: | www.cyberlink.com/faceme |
Founded in 1996, CyberLink Corp. is the world leader in multimedia software and AI facial recognition technology. CyberLink addresses the demands of consumer, commercial and education markets through a wide range of solutions, covering digital content creation, multimedia playback, video conferencing, live casting, mobile applications and AI facial recognition. |
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With years of research in the fields of artificial intelligence and facial recognition, CyberLink developed the FaceMe® Facial Recognition Engine. Powered by deep learning algorithms, FaceMe® delivers reliable, high-precision, and real-time facial recognition that is critical to AIoT applications like smart retail, smart security, and surveillance, smart city, and smart home. |
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Company: | Diwei Industrial Co., Ltd. |
Booth: | Nangang Hall 2, 1F Q1016 |
Web: | http://www.diwei.com |
Diwei Industrial Co., Ltd. is a leading manufacturer of LCD monitor arms and ergonomic TV wall mounting products, including computer monitor arms, healthcare arms, medical trolleys, TV wall mounts, projector mounts, TV stands, mobile TV carts, whiteboard stands, and POS mounts. |
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ODM & OEM projects are welcome. We can offer you all kinds of ergonomic mounting products with high quality, competitive pricing and the best service. |
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Company: | Fonebud IoT Berhad |
Booth: | A0817a |
Web: | www.fonebud.com |
Mobile Sharing Assistant (MSA) integrates blockchain technology and tourism, provides free language translation, data roaming and travel information services for tourists! |
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We developed MSA to assist travelers with barrier-free communication and internet services through the collection of data on their travel habits. |
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Our focus is to provide free roaming data: visitors pays deposit for the device and earn points by viewing short advertisements. Points may then be exchanged for roaming data, airline tickets, accommodation, etc. Travelers may also convert points to cash through the app. |
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The translation engine of the MSA allows direct live translation, instant photo translation, conference translation. |
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MSA technologies, Neural Machine Translation (NMT) and e-SIM, have both been tested and confirmed in real world situations, enabling users to have a pleasant language barrier-free journey. |
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Company: | Ganzin Technology Inc. |
Booth: | TWTC Hall 1, A1219 |
Web: | https://ganzin.com/ |
GANZIN, an award winning Taiwan startup, stirred up the AR/VR scene with an introduction of a breakthrough eye-tracking module – Aurora – that promises to dramatically expand on how eye-tracking can play a beneficial role in our lives. |
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Ganzin has ingeniously re-designed the necessary algorithms for a highly precise eye-tracking module, and dramatically re-architected its form factor and power requirements. |
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Ganzin Aurora eye tracking module features seamless integration, simple mechanical design, all-day battery life, and unbound usage scenarios. GANZIN is positioning itself as a key solution provider to help customers to elevate eye tracking user experiences to the next level. |
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Company: | Gosuncnwelink Technology Co., Ltd. |
Booth: | K1223a |
Web: | www.gosuncnwelink.com |
GosuncnWelink Technology is dedicated to the development, production and marketing of cellular M2M Modules, connected car solutions and intelligent broadband products. |
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GosuncnWelink’s high-performance M2M modules deliver wireless connectivity with a variety of air interfaces, covered GSM/GPRS, CDMA 1X/EV-DO, WCDMA/HSPA/HSPA+, LTE TDD and LTE FDD, LTE Cat-M1/NB-IoT. |
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By combining the abundant experience in telecommunication and automotive electronics, GosuncnWelink can provide “device solution” or “device + platform total solution” according to the situation of the customer’s platform construction in different countries. |
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GosuncnWelink’s connected car solutions deliver reliable products and services to our partners including AT&T, T-Mobile, Telia Sonera, etc. |
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Company: | HABOOK Information Technology Inc. |
Booth: | S0817 |
Web: | http://www.habook.com.tw/english/ |
HABOOK Group, founded in 1999, has established more than 50,000 Smarter Classrooms in over 3,000 schools around the world. |
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Having thousands of Smarter Classrooms is only the first step as we aim to spread our successful models around the world, and help teachers, students, parents, and schools get actual benefits from the awesome experiences |
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We have developed IoT, Big Data, and AI in education technology, and created a new ecosystem of Smarter Education. Our ultimate goal is to empower teaching and inspire learning. |
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Company: | HKF Technology Co., Ltd. |
Booth: | TNEC 2 S0423 |
Web: | www.hkfcom.com |
HKF Technology Co., Ltd. is one of the world’s leading manufacturers and exporters of monitors since 1996. |
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HKF develops: 7”~24” TFT-LCD computer screens; 15”~19” monitor TVs; 15”~19” CCTV monitors for the security market; 26”~52” TFT-LCD LVs; and open frame TFT-LCD modules for various applications in the banking, gaming, amusement, and advertising industries. |
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HKF is one of the most well reputed and known brands in the world of technology. HKF is able to offer you sustainable pricing, quality, and availability. |
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Company: | ICPDAS |
Booth: | K0316 |
Ticker Symbol & Exchange: | 3577 |
Web: | http://www.icpdas.com |
ICP DAS, established in 1993, focuses on innovation and improving industrial automation technology. ICP DAS strives to create advanced remote I/O controllers, distributed I/O modules, and I/O data acquisition boards. |
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To provide a total industrial automation solution, ICP DAS developed a series of programmable automation controller, motion-control systems and web-related products. |
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Company: | JAFCO Taiwan Capital |
Booth: | A0917a |
Web: | http://www.jafcoasia.com/ |
JAFCO Taiwan Capital was established in Taiwan by JAFCO Asia, which is the subsidiary of JAFCO Co., Ltd., Japan’s largest venture capital Group (TYO: 8595). |
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In the past 18 years, JAFCO Taiwan’s operation has invested over 70 companies with 25 successful exits, out of which 20 were successfully listed. |
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This is the first time JAFCO Taiwan Capital leads 5 of our portfolios – Deluxe Technology, Aeolus Robotics, Artilux Inc., ACT Genomics and Taiwan Advanced Nanotech – to join InnoVEX. |
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Through the event, we hope to connect with potential buyers and investors. We look forward to building great business with you! |
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Company: | LAN Accessories Co., Ltd. |
Booth: | Q1217 |
Web: | www.lanacc.com.tw |
LAN Accessories Co., Ltd, established in 2001, specializes in USB extenders, USB repeaters & USB extenders via Cat5/5e/6 and a wide range of computer cable assemblies. |
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Our products are fully compliant with RoHS, CE and FCC regulations which can help extend business opportunities into USA, Europe, Asia and other countries throughout the world. |
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Excellent quality, stylish design, on time delivery, competitive pricing and value-added services are the main factors for our success in the worldwide market. |
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As a major supplier in the computer peripherals and cable industry since 2001, LAN Accessories has earned a fine reputation for its quality and reliability. We always honor our commitments and take due responsibility for our products. |
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Company: | Leadtek Research Inc. |
Booth: | S0813 |
Ticker Symbol & Exchange: | TSE:2465 |
Web: | http://www.leadtek.com |
Established since 1986, Leadtek Research Inc. provides customers with the best quality services. |
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Leadtek has developed into a multifaceted solution provider with main product ranges covering the zero client and thin client for desktop virtualization, graphic cards for both computer games and workstations, AI solutions, GPS, cloud computing workstations, and others, aiming to serve the global market with innovative technologies and excellent products. |
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Company: | Maxpac Electronics Co., Limited |
Booth: | N0530 |
Web: | www.maxpac.com.cn |
Maxpac is a professional manufacturer of LCD/LED Monitors, AIO and PIO, SKD/CKD parts, and open frames. It is a high-tech private enterprise with its own research, production and marketing services. |
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In 2009, we began research and production in Dongguan City at Jinxiongda Technology Park, which covers an area of more than 8,000 square meters. We have three production lines of PCB boards, one automatic production line of ABU LCD monitors, and full sets of testing and lab machines for quality control. The yearly production capacity is 300K units. |
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Based on our research ability, full technical support, high-efficiency management system, and ISO certified production management system, our quality is recognized by clients the world over. |
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Maxpac is our legal registered trademark. We welcome all OEM and ODM orders. |
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Company: | Prosperity Creativity Inc. |
Booth: | L0018 |
Web: | http://pci.pii.tw/ |
Prosperity Creativity Inc., established in 2011 with capital of NTD 10,000,000 and located in the World Trade Center of Taiwan, is a company that professionally integrates a virtual studio with an automatic tracking lecture recording system and holographic light board to supplement the teaching experience. |
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We enable such smart campus features as MOOCs (Massive Open Online Courses), remote learning, classroom lecture recording, and multimedia immersion classrooms with environmental controls built in. |
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Our products include 3D 4K virtual studio work stations, portable green/blue chroma key boards, LED lights, large holographic light boards, multi-point TV screens, on-air broadcast systems, encoder/decoders, media storage systems, and customized video website platform design. |
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Company: | SECO |
Booth: | Hall 1 – K1015a |
Web: | www.seco.com |
SECO Group excels in the electronic embedded field, offering cutting-edge solutions for a variety of applications, through standard modules (Qseven®, COM ExpressTM, SMARC, ETX®), SBCs systems and full-custom solutions. |
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With 40+ years of experience and more than 300 employees, SECO is constantly growing and operates globally with offices in Italy, Germany, USA, India and Taiwan. SECO manages the entire production cycle in-house, from the development and design stage to manufacturing and mass distribution. |
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Creativity, innovation and collaborations with the most important technological partners are the foundation of SECO’s ability to meet the ever-changing challenges of the embedded market. |
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Company: | Silicon Line GmbH |
Booth: | Hall 1 L0901a |
Web: | www.silicon-line.com |
Silicon Line GmbH (www.silicon-line.com), headquartered in Munich, the global leader in developing and providing innovative optical link technology, will be showcasing and demonstrating (in Hall 1 #L0901a) its newest technology supporting HDMI, DisplayPort, USB and VirtualLink standards at Computex. |
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It will feature the first demonstration in Asia of active optical cables with embedded technology supporting all features of the recently released HDMI 2.1 specification. |
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Company: | Smith |
Booth: | J0403a |
Web: | www.smithweb.com |
Founded in 1984, Smith sources, manages, and distributes the electronic components that go into everything from mobile phones and computers to appliances and directional drilling systems. |
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Smith is always moving: helping manufacturers navigate market shifts; customizing supply chain solutions; testing components using cutting-edge technology. |
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Offering unrivaled customer support, Smith is the leading independent distributor of electronic components and ranks 9th among all global distributors. |
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Company: | Supermicro |
Booth: | Hall 1 N0206 |
Ticker Symbol & Exchange: | SMCI (OTC) |
Web: | https://www.supermicro.com |
Supermicro is the leading innovator in high-performance, high-efficiency server technology. |
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We are a premier provider of advanced Server Building Block |
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Supermicro is committed to protecting the environment through our “We Keep IT Green®” initiative. Our Resource-Saving Architecture reduces TCO and environmental impact through design innovation and efficiency to provide customers with the most energy-efficient, earth-friendly solutions available on the market. |
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Company: | Synergies Intelligent Systems, Inc. |
Booth: | S0734 |
Web: | http://synergies.ai/ |
Founded in 2016 in Boston, Synergies Intelligent Systems, Inc. devotes to developing an AI-powered augmented decision-making system. |
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Through data insight, behavior forecasting, and process automation, Synergies assists enterprises to accelerate business decision-making process 10 times faster. |
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Currently, Synergies’ services have been wildly recognized and adopted, and Synergies has achieved strategic cooperation with many leading enterprises, including Foxconn Industrial Internet, SF Express, and Stark Technology, Inc. Synergies has been delivering excellent performances in different fields such as manufacturing, finance, and retail. |
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Company: | TASHI Smartech Co., Ltd. |
Booth: | S1220 |
Web: | http://www.tashi.ute.com/ |
TASHI spirit is serving Home, Medical Institutes, School, and Office with intelligent smart solutions including Access Control, Elderly Care, Nursing Care, Home Automation, Intercom and Security. The goal of TASHI not only provides all customers considerate applications and management platforms, but also provides the integrated service of state-of-the-art technology through innovative design building with advanced AI as well as Cloud solutions. |
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Company: | TVO PTE. LTD. (Tecware) |
Booth: | L0802 |
Web: | www.tecware.co |
For the first time, Tecware, a PC Case and Peripheral brand, will be exhibiting at COMPUTEX 2019. |
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Visit their booth and get a hands-on experience as they introduce the brand and its latest products to the public. |
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Tecware sets itself apart with a commitment to high quality standards and meaningful designs while balancing the price-performance ratio of its products, so consumers understand what they’re paying for and the value they are getting. |
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Where: Taipei Nangang Exhibition Center, Hall 1, 4F, Booth No. L0802 | |
When: May 28 – June 1, 2019 | |
Company: | Unitek International Group Ltd |
Booth: | Q0104 |
Web: | www.unitek-products.com |
UNITEK is a professional computer and mobile accessories brand established in Hong Kong since 2006. |
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Being one of the top consumer electronic and accessories brands in Asia, UNITEK is expanding globally and has established sales channels in more than 30 countries around the world. UNITEK aims to build new tech products to cover the many dimensions of human experience, and strives to make the world more friendly each day. |
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Company: | Wentai Technology Corporation |
Booth: | I1307 |
Web: | http://www.wentailighting.com/ |
As one of the leading manufacturers of power supplies and LED lighting, Wentai Technology will debut the Aidan series Titanium PC Power at 2019 Computex, and announce its entry into the gaming and cryptocurrency mining markets. |
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Wentai has developed cutting-edge patented technology, using MCU microcontrollers as the Aidan series of titanium power adjustment and control platform, implementing true AI digital power control to achieve the highest power efficiency among all 80 PLUS Titanium certified products. |
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Wentai is committed to providing products and services that are energy efficient, highly reliable and customized, and looks forward to working together with more brand manufacturers. |
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Company: | WiBASE Industrial Solutions |
Booth: | Nang Gang Hall1 K1116 |
Web: | www.wibase.com |
WiBASE is a piloting solution provider in AIoT applications headquartered in Taiwan. |
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As a pioneering startup in AIoT, we’ve delivered many successful projects to major IIoT adopters of competitive and demanding industries such as retail, law enforcement, utilities and logistics. |
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WiBASE is a strategic subsidiary of Wistron, a TSP (Technical Service Provider) ranked within the Fortune 500. WiBASE enjoys the advantages of manufacturing support from Wistron while playing the role of developing IIoT business for the Wistron group. |
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Qualified members of the press please note the following important
information.
Exhibitor News:
http://www.tradeshownews.com/events/computex-taipei-2019/
Press Information:
https://www.computex-press.com.tw/
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Innocan
Innocan Pharma Submits Investigational New Animal Drug Application to FDA’s Veterinary Center
HERZLIYA, Israel and CALGARY, AB, July 26, 2024 /PRNewswire/ — Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) (“Innocan” or the “Company”), a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce that the FDA’s Center for Veterinary Medicine (CVM) has granted the Company a sponsor fee waiver and assigned an Investigational New Animal Drug (INAD) number for its LPT-CBD (Liposome Platform Technology-Cannabidiol) product. This represents a significant step for the Company, as an INAD designation facilitates correspondence and data exchange with CVM to support LPT-CBD development as a new veterinary drug.
The Company further announced that following the assessment of LPT-CBD’s scientific package, the CVM recognized Innocan’s contribution to pursuing innovative animal drug products and technology and granted the company a sponsor fee waiver for fiscal year 2024.
Innocan’s LPT-CBD is a proprietary drug delivery platform designed to provide prolonged-release CBD for chronic pain and well-being management in animals. Over the past year, repeated administration of LPT-CBD in dogs and other animals has demonstrated both efficacy and tolerability, providing sufficient evidence for the INAD application.
“We are thrilled by CVM’s response,” said Prof. Chezy Barenholz, CSO of Innocan Pharma. “The granted INAD will allow us to advance the investigational studies of LPT-CBD and share knowledge to support future discussions with CVM on LPT-CBD’s development plan. Moreover, the fee waiver, granted by CVM, supports our development and pursuit of innovative animal drug products and technology, further validating our approach and potential impact in veterinary medicine.”
Dr. Eyal Kalo, R&D Director at Innocan, added, “LPT-CBD is a unique technology that has proven itself worthy of the INAD fee waiver granted by CVM. This will streamline our efforts to deliver a unique solution for chronic pain management to the animal market.”
About Innocan Pharma:
Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies comprises with cannabinoids science, to treat various conditions to improve patients’ quality of life. This segment involves two drug delivery technologies: (i) LPT CBD-loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for two indications: Epilepsy and Pain Management. In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment Innocan has established a Joint Venture by the name of BI Sky Global Ltd. that focuses developing on advanced targeted online sales. https://innocanpharma.com/
Contact Information:
For Innocan Pharma Corporation:
Iris Bincovich, CEO
+1 5162104025
+972-54-3012842
+442037699377
info@innocanpharma.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Caution Regarding Forward-Looking Information
Certain information set forth in this news release, including, without limitation, the Company’s plans for human trials of its LPT-CBD platform, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. . The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of production and distribution arrangements.
Forward-looking information is subject to various risks and uncertainties that could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: global and local (national) economic, political, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and potential disruption of relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import/export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner). The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release. A comprehensive discussion of other risks that impact Innocan can be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedarplus.ca.
Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.
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View original content:https://www.prnewswire.co.uk/news-releases/innocan-pharma-submits-investigational-new-animal-drug-application-to-fdas-veterinary-center-302207435.html
Cannabis
Verano Announces the Opening of Zen Leaf Fairless Hills, the Company’s Newest Affiliated Dispensary in Pennsylvania, in Prime New Location
- Zen Leaf Fairless Hills, the Company’s newest affiliated dispensary in Pennsylvania, relocated from its former home in Chester to 203 Lincoln Highway, a busy thoroughfare with daily traffic of over 17,000 vehicles per day1
- As the first medical cannabis dispensary in the city, Zen Leaf Fairless Hills will offer an elevated experience for area patients, including increased convenience and accessibility with numerous point-of-sale stations and kiosks for seamless in-store browsing and ordering
- Verano’s active operations span 13 states, comprised of 142 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacity
CHICAGO, July 26, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of Zen Leaf Fairless Hills in Pennsylvania on Friday, July 26th, following a ceremonial ribbon cutting at 11 a.m. local time. Zen Leaf Fairless Hills is located at 203 Lincoln Highway and will be open Monday through Saturday from 9 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m. local time.
The dispensary is located in Bucks County, the fourth largest county in the Commonwealth with a total population of over 630,0002 residents. To increase accessibility and convenience, Zen Leaf Fairless Hills features large in-store kiosks and numerous point-of-sale stations to enhance the browsing and ordering experience for patients. To celebrate the grand opening of Zen Leaf Fairless Hills and following a ceremonial ribbon cutting, patients will be greeted with complimentary deals and doorbusters on featured branded products.
“We are excited to bring the Zen Leaf experience to local patients in Fairless Hills, where our talented team members will continue to deliver hospitality-driven care and top-quality products for local patients,” said George Archos, Verano Founder and Chief Executive Officer. “As the Pennsylvania medical cannabis patient population continues to grow, we are grateful for the opportunity to deepen our roots in Bucks County at our newest Zen Leaf location in the Commonwealth, and look forward to providing a warm and welcoming environment for current and future patients.”
Zen Leaf Fairless Hills adds another convenient outlet for Philadelphia area patients, and solidifies Verano’s footprint in the state as one of the Company’s 18 affiliated Pennsylvania dispensaries. Verano’s Pennsylvania operations also include a state-of-the-art 62,000 square foot cultivation and processing facility in Chester, where the Company produces its signature Verano Reserve flower and Troches, concentrates and vapes; (the) Essence and Savvy flower and extracts; and Avexia RSO cannabis oil and topicals. For additional convenience and accessibility, patients can choose to order ahead at ZenLeafDispensaries.com for express in-store pickup.
About Verano
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano provides a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf™ and MÜV™ dispensary banners, including Cabbage Club™, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano™, (the) Essence™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™. Verano’s active operations span 13 U.S. states, comprised of 13 production facilities with over 1,000,000 square feet of cultivation capacity. Learn more at Verano.com.
Contacts:
Media
Verano
Steve Mazeika
VP, Communications
Steve.Mazeika@verano.com
Investors
Verano
Julianna Paterra, CFA
VP, Investor Relations
Julianna.Paterra@verano.com
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans, strategies, or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “future”, “scheduled”, “estimates”, “forecasts”, “projects,” “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein, including, without limitation, the risk factors described in the Company’s annual report on Form 10-K for the year ended December 31, 2023, its quarterly report on Form 10-Q for the quarter ended March 31, 2024 and any subsequent quarterly reports on Form 10-Q, in each case, filed with the U.S. Securities and Exchange Commission at www.sec.gov. The Company makes no assurances and cannot predict the outcome of all or any part of the on-going litigation with Goodness Growth referenced in this press release, including whether the Company will prevail on its Notice of Application and its counterclaim, or whether Goodness Growth will prevail on its claim for damages against the Company. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information or forward-looking statements that are contained or referenced herein, except as may be required in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking information and statements.
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1 Pennsylvania Department of Transportation
2 United States Census Bureau
Cannabis
Unlocking New Horizons in Health: TNR, The Niche Research Reveals the Transformative Power of Minor Cannabinoids
Wilmington, Delaware, July 25, 2024 (GLOBE NEWSWIRE) — Minor cannabinoids refer to the lesser-known compounds found in the cannabis plant, distinct from the well-known THC (tetrahydrocannabinol) and CBD (cannabidiol). While THC and CBD dominate the market, minor cannabinoids such as CBG (cannabigerol), CBC (cannabichromene), and CBN (cannabinol) are gaining attention for their potential therapeutic benefits. These compounds are extracted from both marijuana and hemp plants, with varying legal restrictions depending on their THC content. The minor cannabinoids market is poised for significant growth, driven by increasing consumer awareness and demand for alternative health and wellness products. As regulatory environments around cannabis products evolve, companies are exploring the potential of minor cannabinoids in various applications, including pharmaceuticals, nutraceuticals, cosmetics, and food and beverages.
Minor cannabinoids are being researched for their potential therapeutic effects, including anti-inflammatory, analgesic, and neuroprotective properties. This versatility facilitates product diversification in various industries. Companies are investing in research and development to create novel formulations and delivery methods for minor cannabinoids. This includes nano-emulsions, encapsulation technologies, and controlled-release systems to enhance bioavailability and efficacy. For example, in January 2022, CBDA + CBGA Tincture a new product was launched by Hometown Hero CBD. This 30ml tincture contains 600mg each of CBGA, CBDA, CBG, and CBD. Derived from hemp, the cannabinoids in this tincture comply with legal requirements across all 50 states in the USA. There is an increasing consumer preference for natural as well as plant-based remedies, which in turn is driving the demand for cannabinoid-infused products. This trend is particularly strong among younger demographics seeking alternatives to traditional pharmaceuticals. Evolving regulatory frameworks, particularly in regions like North America and Europe, are creating opportunities for legal market expansion. Regulatory clarity is crucial for market participants to navigate compliance and market entry.
Global Minor Cannabinoids Market: Key Datapoints
Market Value in 2023 |
US$ 17.8 Bn |
Market Value Forecast by 2034 |
US$ 42.3 Bn |
Growth Rate
|
8.2% |
Historical Data
|
2016 – 2022 |
Base Year
|
2023 |
Forecast Data
|
2024 – 2034 |
Increasing consumer interest in health and wellness products, coupled with the perceived therapeutic benefits of cannabinoids, is a major driver of market growth. Progressive cannabis legalization in various parts of the world, including the United States and parts of Europe, is expanding the addressable market for minor cannabinoids. Significant investments in research and development by pharmaceutical and biotechnology companies are accelerating product innovation and clinical trials. The market remains fragmented with opportunities for new entrants and niche players to introduce specialized products catering to specific consumer needs.
The COVID-19 pandemic initially disrupted supply chains and retail channels for minor cannabinoids products. However, the crisis also underscored the importance of health and wellness, leading to increased interest in natural remedies, including cannabinoids. As economies recover, the market is expected to rebound stronger.
The geopolitical tensions, such as the Russia-Ukraine conflict, have also affected global markets, including the minor cannabinoids sector. Fluctuating currency values, supply chain disruptions, and geopolitical uncertainty have impacted production and distribution channels. However, the long-term impact will depend on geopolitical developments and their influence on global trade and regulatory environments.
The minor cannabinoids market presents significant opportunities for growth and innovation, driven by evolving consumer preferences, regulatory advancements, and expanding research initiatives. Companies that can navigate regulatory complexities, invest in research and development, and respond to shifting consumer trends are well-positioned to capitalize on this emerging market. As the market matures, collaboration across sectors and regions will be crucial in unlocking the full potential of minor cannabinoids in various industries worldwide.
Global Minor Cannabinoids Market: Key Takeaways of the Report
- Cannabigerol (CBG) segment by product type is expected to grow at a CAGR of 6.7% in the minor cannabinoids market due to increasing research highlighting its potential therapeutic benefits, including anti-inflammatory, antimicrobial, and neuroprotective properties. As consumer awareness grows and regulatory environments become more favorable, there is heightened interest in CBG-based products for their diverse health applications, ranging from skincare to pharmaceutical formulations, driving sustained market demand and expansion.
- Pharmaceutical segment by application, leads the minor cannabinoids market with a significant revenue share of 35.8% owing to growing recognition of cannabinoids’ potential in therapeutic applications. Cannabinoids like CBD, CBG, and others show promise in treating conditions such as epilepsy, chronic pain, and anxiety disorders, backed by increasing clinical research and favorable regulatory developments. Pharmaceutical companies are investing heavily in cannabinoid-based drug development, driving market growth as they seek to capitalize on these compounds’ efficacy and market potential in addressing unmet medical needs.
- In 2023, Latin America is anticipated as fastest growing region in the global minor cannabinoids market due to evolving regulatory landscapes favoring cannabis legalization and cultivation. This shift is fostering a burgeoning industry infrastructure for cannabis extraction and product development. Additionally, increasing consumer acceptance of cannabinoid-based products for medicinal and wellness purposes is driving market expansion. With a vast potential consumer base and supportive regulatory frameworks, Latin America presents significant growth opportunities for companies seeking to enter or expand within the minor cannabinoids market.
Key Development:
- In December 2023, Rare Cannabinoid Company introduced Uplift Gummies infused with THC and THCV. These gummies combine the relaxing properties of Delta-9-THC with the energizing and appetite-controlling effects of CBD and THCV.
- In October 2022, High Tide Inc., a cannabis retailer, announced that its Colorado-based subsidiary, NuLeaf Naturals, had launched plant-based softgels and full-spectrum multicannabinoid oil in Manitoba. The products feature CBC, CBD, CBG, Delta-9 tetrahydrocannabinol (Delta 9), and CBN.
Browse Related Category Reports
Global Minor Cannabinoids Market:
- Aurora Europe GmbH
- BulKanna
- CBD. INC.
- Fresh Bros Hemp Company
- GCM Holdings, LLC (Global Cannabinoids)
- GenCanna.
- High Purity Natural Products.
- Laurelcrest
- Mile High Labs
- PBG Global
- Rhizo Sciences
- ZERO POINT EXTRACTION, LLC
- Other Industry Participants
Global Minor Cannabinoids Market
By Product Type
- Cannabigerol (CBG)
- Cannabichromene (CBC)
- Cannabinol (CBN)
- Cannabidivarin (CBDV)
- Tetrahydrocannabutol (THCB)
- Tetrahydrocannabivarin (THCV)
- Tetrahydrocannabiphorol (THCP)
- Others
By Application
- Pharmaceutical
- Pain Management
- Mental Health
- Sleep Disorders
- Anti-inflammatory
- Others
- Nutraceuticals
- Cosmetics and Personal Care
- Food and Beverages
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Consult with Our Expert:
Jay Reynolds
The Niche Research
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Email: askanexpert@thenicheresearch.com
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