Liberty Health Sciences (CSE: LHS) (OTCQX: LHSIF) has entered into an in-licensed agreement with The Werc Shop for its patented and patent-pending terpene technology.
The Werc Shop is a scientific consulting group recognized as the top player in cannabis terpene analysis and terpene-based formulations.
Liberty Health said that The Werc Shop’s technology will enable it to provide standardized and consistent medical cannabis products to the Florida market.
“Cannabis compositions created by The Werc Shop have long been market leaders on the West Coast, and we’re excited to bring this technology and know-how to Florida. With access to this team and their intellectual property, Liberty will rapidly advance on our efforts to deliver the best cannabis products to the patients of Florida,” Victor Mancebo, the interim CEO of Liberty, said in a statement.
Companies Want to Build Superior Cannabis Formulations
Jeffrey Raber, the CEO of The Werc Shop, said that “this relationship will further our goals of delivering superior cannabis formulations to adults across the wellness spectrum. We look forward to developing specialized cannabis compositions for the Florida market through our relationship with Liberty.”
The Werc Shop has been developing scientific solutions for medical cannabis markets since 2010 and currently holds eight issued patents in connection with its technologies. The company delivers standardized complex cannabis products its suite of technologies and know-how.