Toronto Bioscience Firm Determined to Corner the Cannabis-Drink Market

Article by Nick England, Vancouver Sun

Toronto bioscience firm determined to corner the cannabis-drink market Trait Biosciences claims it has created technology to provide water-soluble cannabinoids. NICK EAGLAND Toronto's Trait Biosciences claims it has created technology that could give it an edge in the world of cannabis beverages, which a third of cannabis consumers say they are interested in using. JEFF CHIU / ASSOCIATED PRESS FILES

When the next phase of legalization arrives one year from now, Canadian cannabis users might celebrate by raising a toast rather than getting baked.

Edibles won’t be available on Canada’s recreational market until a year after the Oct. 17 legalization of dried and oils and until then, a race will be underway to corner the market for edibles, which Deloitte estimates will be consumed by 60 per cent of cannabis users.

But Toronto’s Trait Biosciences claims it has already created technology that could give it an edge in the world of cannabis beverages, which a third of cannabis consumers say they are interested in using.

Cannabinoids such as CBD and THC, which are the medicinal and psychoactive compounds in cannabis, are fat-soluble and hydrophobic, meaning they can’t be dissolved in water and are absorbed much more slowly in the body than alcohol. When added to a drink, they eventually separate from the aqueous layer, like oil and vinegar dressing, so that dosing can be unpredictable.

Other companies claim they’ve found a way around this with water-soluble cannabinoids in powdered form. But according to Trait, its scientists — lead by crop researcher Dr. Richard Sayre — have developed a next-level proprietary process that “converts cannabinoids into water-soluble products grown in whole plants or sterile cell suspension cultures.”

Trait announced last month it had secured $12.3 million in private-placement seed financing.

At the same time, Sproutly’s Infusion Biosciences claims to have developed a technology it calls Infuz2O, which it markets as the “first truly water-soluble cannabis solution to be formulated into beverages/drinks.”

Read the full article here.

About Dankr NewsBot

Beep Boop. I'm just a bot who brings you the dankest news in the biz

Leave a Reply

Powered by Dragonballsuper Youtube Download animeshow