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HYTN Welcomes U.S. Executive Order Initiating Cannabis Reclassification to Schedule III
Globenewswire· 2025-12-18 22:01
VANCOUVER, British Columbia, Dec. 18, 2025 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN, FSE: 85W0, OTC PINK: HYTNF) (“HYTN” or the “Company”), a pharmaceutical-grade cannabis manufacturer, acknowledges the announcement by the United States administration issuing an executive order directing federal agencies to initiate the reclassification of cannabis to a Schedule III controlled substance under U.S. federal law. The executive order directs the relevant federal authorities to advance the administra ...
MediPharm Labs Begins Production of First Order for International Expansion of Novel Cannabis Metered Dose Portfolio in the EU and United Kingdom Under Blackpoint Sales and Distribution Agreement
Globenewswire· 2025-05-26 12:00
Core Insights - MediPharm Labs Corp. has commenced production of novel cannabis metered dose inhalers for the EU and the UK, adhering to global pharmaceutical standards and distributed by Blackpoint Limited [1][4] - The inhaler offers a smoke-free option for patients, delivering precise doses of cannabis active pharmaceutical ingredients (API) without combustion or heating [2][8] - The company plans to launch these inhalers in Australia, the EU, and the UK in Q3 of 2025, following their introduction in the Canadian market [3] Company Overview - MediPharm Labs specializes in the development and manufacture of pharmaceutical-quality cannabis concentrates and products, utilizing a GMP-certified facility [6] - The company holds a Pharmaceutical Drug Establishment License from Health Canada, making it the only North American company with a commercial-scale GMP license for extracting multiple natural cannabinoids [7] Market Strategy - MediPharm Labs is the exclusive supplier of the cannabis metered dose inhaler to Blackpoint, which will leverage its distribution networks in the EU and the UK [8] - The European medicinal cannabis market is projected to be worth €834 million in 2024, indicating significant growth potential for MediPharm's products [8][12] Product Features - The metered dose inhaler is designed for medical applications, providing a discreet and effective delivery method similar to traditional asthma inhalers [8] - The product is manufactured under stringent GMP standards, ensuring high quality and safety for medical use [8]