logo-loader
Highlands Natural Resources PLC

Highlands Natural Resources to supply CBD to group developing CBD-infused wound care products

Under the two-year agreement it will provide the hemp-derived ingredient to Cellulac

1564727897_shutterstock_725041309.jpg
"With over 110 varieties of hemp, there is a requirement to provide quality hemp-derived CBD to meet specifications for the medical, cosmeceutical and pharmaceutical sectors, grown under supervised quality-controlled conditions,” said chairman Robert Price

Highlands Natural Resources PLC (LON:HNR) has agreed a deal to supply cannabidiol to a group developing CBD-infused wound dressings.

Under the two-year agreement it will provide the hemp-derived ingredient to Cellulac, a company 9.35% owned by AIM-listed Integumen PLC (LON:SKIN). It will then be used in the Wound pHase and STOER range of wound care and skin care products.

"With over 110 varieties of hemp, there is a requirement to provide quality hemp-derived CBD to meet specifications for the medical, cosmeceutical and pharmaceutical sectors, grown under supervised quality-controlled conditions,” said chairman Robert Price.

"Our state-of-the-art, 33,000-foot indoor hemp growing facility in Colorado, US, offers the quality and consistency grade needed to meet those requirements.

“We welcome the recognition of the quality products and the opportunity to collaborate with Cellulac and Integumen to deliver consumer products for wound care and skin care consumer products in the shortest possible time."

Shares in Highlands jumped 12% to 7.52p in morning trading. 

Quick facts: Highlands Natural Resources PLC

Price: £0.07

Market: LSE
Market Cap: £9.76 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Highlands Natural Resources PLC named herein, including the promotion by the Company of Highlands Natural Resources PLC in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Highlands Natural Resources makes first CBD sales in UK

Headlines from the Proactive UK newsroom. Highlands Natural Resources (LON:HNR) has made its first sales in the UK of CBD brand Zoetic. The first product lines are CBD tinctures in four flavours - natural, peppermint, melon and blood orange.  Versarian (LON:VRS) CEO Neil Ricketts has...

1 week, 2 days ago

RNS

Commencement of UK sales

1 week, 2 days ago

Second Price Monitoring Extn

2 weeks, 2 days ago

Price Monitoring Extension

2 weeks, 2 days ago

Second Price Monitoring Extn

3 weeks, 2 days ago

Price Monitoring Extension

3 weeks, 2 days ago

Final Results

3 weeks, 3 days ago

Trading Update

on 1/7/19

2 min read