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Abattis Announces Breakthrough CBD-Based Sunscreen Formulation

Abattis Bioceuticals Corp. (the “Company” or “Abattis”) (CSE:ATT) (ATTBF) is pleased to announce a breakthrough CBD-based sunscreen formulation, developed by Abattis through its majority-owned subsidiary, Northern Vine Canada Inc. (“Northern Vine”), and plans to distribute and market the product through its wholly-owned subsidiary Vergence Visionary Bioceuticals (“Vergence”).

Developed under the code name “Project RAYZ” (“RAYZ”), Northern Vine’s new Cannabidiol (“CBD”) based sunscreen is all natural, GMO-free, and 100% organic.

“Our formulation team at Northern Vine has exceeded our expectations with the successful development of RAYZ,” said Abattis and Northern Vine, President and CEO, Robert Abenante.

“This formulation has the ability to shake up the sunscreen market. We are confident that Vergence and its distribution and marketing experts will guide RAYZ to reach its full market potential through white label or Vergence branded channels,” added Mr. Abenante.

Northern Vine New Frontier in CBD-Based Skin Care

Northern Vine recently completed development of RAYZ, which is an SPF 30 sunscreen with an exclusive CBD + HAB (High Absorption and Bioavailability) formula. RAYZ is formulated to fully deliver the health benefits of CBD and a cannabinoid-rich organic hemp oil with enhanced skin absorption and bioavailability that is both chemical and THC-free.

RAYZ has already proven to comply and exceed the core recommendations from the American Academy of Dermatology (“AAD”) and the Canadian Skin Cancer Foundation (“CSCF”) which are: 1) broad spectrum protection (UVA and UVB, the two more common forms of ultraviolet radiation responsible of skin cancer), 2) SPF of 30+, and 3) water resistance.

“This formulation displays the Company’s ability to combine regulatory expertise with downstream products.” said Mr. Abenante.  “This is an area we feel marks the trend in the cannabis space as we move into full legalization.  Hundreds of new products will need to be formulated, tested and validated with Health Canada approval, whether they are delivery devices or functional edible products.”

In addition to AAD and CSCF compliance, RAYZ’s is formulated with a mineral active ingredient, reducing risks associated with chemical sun filters commonly used by many sunscreens in the market. An example of such risks prompted Health Canada to investigate a leading sunscreen brand after complaints suggesting babies were burned by a popular product [1]. Additionally, RAYZ’s active ingredient avoids the toxic effects associated with chemical sunscreens that are partially responsible for coral bleaching [2].

“We have formulated and tested RAYZ to be complaint with health regulations in the North American, European and Australian markets aiming to generate revenue year-round by taking full advantage of the summer season in both hemispheres,” said Dr. David Galvez, Senior Science advisor and chief developer of RAYZ.

“RAYZ is the first step in a line of skincare products that can be used during summer or winter while performing water-related activities, sunbathing, hiking or just working in your garden,” said Dr. Galvez.

This CBD-based formulation marks another significant milestone in the Company’s path as a leading service provider in testing, analytics, formulations, branding and distribution in the rapidly evolving downstream markets for the cannabis industry.

“As the market continues to see an increase in the number of Licensed Producers, we will be there to meet all their downstream service needs.” said Mr. Abenante.

Vergence’s RAYZ Branding and Distribution Plans

Plans for Vergence’s launch of RAYZ on the open market are already underway. Vergence is set to add RAYZ to its growing line of Bioceuticals to be sold in North America, Europe, Australia and Asia.

Vergence has already assumed the role of labeling, marketing, and distributing Northern Vine’s RAYZ formula.

“The pathway for RAYZ formulation, branding and sales distribution is testament to the Company’s burgeoning strategy of vertical integration,” said Mr. Abenante.

“The complimentary synchronicity between Northern Vine and Vergence is proof of the Company’s strategy of bringing cutting edge products to the market.  We are confident that RAYZ will be the first of many Cannabis infused products the Company will bring to the market as Canada continues down the path towards recreational legalization of marijuana.”


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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