CSE New Listing - Eviana Health Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2017) - Eviana Health Corporation (CSE: EHC) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol "EHC". The company was established to market proprietary formulations of natural skincare and therapeutic products, often called cosmeceuticals and nutraceuticals.
InvestmentPitch Media has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Eviana" in the search box.
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Eviana Health holds an option to acquire a 100% equity interest in Eviana Inc., an Ontario corporation with assets in Serbia relating to the cultivation of industrial hemp plant oil for the pharmaceutical, nutraceutical and cosmeceutical industry. Eviana Inc. has been successfully growing hemp for 2 years in Serbia and has accumulated an inventory of product, including 4 metric tonnes of organic and 4 metric tonnes of non-certified organic product.
Serbia has historically been known as the main region in Europe where industrial hemp or cannabis has been grown for centuries for textiles and other industrial uses such as canvas and hemp rope. Hemp naturally contains a high level of cannabinoids or CBDs, which has been attributed to a number of anecdotal therapies and as a result the market for CBDs is a fast-growing sector of the pharmaceutical industry.
By growing outdoors and utilizing customized equipment for the harvest of the specific high concentration CBD strain of hemp, the company Issuer can minimize its base costs for the oils as electricity, heating and labour costs are minimized. With access to a significant supply of a critical ingredient in topical skin care cream, the company is now completing the final stages that will enable it to deliver customized consumer skin care products. This will allow it to build on its presence as a cosmeceutical, nutraceutical and pharmaceutical centered business focusing on the market for natural hemp strains of cannabis sativa for bio-chemical cosmeceutical and nutraceutical merchandise and cannabinoid-based topical creams and products.
In North America, the use of hemp in cosmetics is relatively new. The Hemp Industries Association estimates the total retail value of all hemp products sold in the U.S. was at least $573 million for 2015, with approximately $146.8 million or 26% attributed to personal care products.
The shares are trading at $1.95, and with 19.6 million shares outstanding, the company is capitalized at $38.2 million.
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