Abattis Bioceuticals Corp. (ATTBF)

38d6d7dAbattis Bioceuticals Corp is a Canada-based specialty company that delves in the biotechnology, cultivation, licensing, and distribution of cannabis and related products. Through its subsidiary companies and with industry partners, the company is aiming to capitalize on both Canada and US marijuana markets.

One of Abattis’ wholly owned subsidiaries is Biocube Green Grow Systems Corp, which provides controlled cultivation environments. This company has exclusive rights to the MgO board, a special building product touted as fireproof, waterproof, antimicrobial, and recyclable.

Another subsidiary is iJuana Cannabis, Inc, the cannabis-growing arm and end-consumer representative of Abattis Bioceuticals. It has a 27,000-square foot facility in Squamish, British Columbia.

Abattis also owns Biocell Labs, Inc. This wholly owned subsidiary focuses on supplying pharmaceutical, nutraceutical, and cosmetic cannabis formulations. It currently has proprietary technologies for extraction, as well as 13 proprietary formulations ready for out-licensing.

Meanwhile, North America Bioextracts is the Abattis Bioceuticals subsidiary that develops and retails cannabis products, including extract oils and vaporizer flavors. This company has offices in Canada and Washington State.

Finally, Northern Vine Canada, Inc is a processing, testing, and packaging subsidiary of Abattis. With a facility in Langley, British Columbia, it also offers analytical services for licensed cannabis producers.

Aside from these subsidiaries, Abattis Bioceuticals has partnerships with PhytaLab for testing, Experion Bio Technologies, Inc for developing cannabis strains, and Instant Payment Systems for transactions.

Abattis Bioceuticals was incorporated in 1997, and was known as Abattis Biologix Corp until 2012. It currently trades in OTC markets as ATTBF with a market cap of USD 14.55 M. Company executives include Michael Withrow, Chairman, CEO, and President; Gilbert G. Schneider, Consultant; Rene David, CFO and COO; and Jason Anderson, VP of Finance.


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