NanoSphere Health Sciences, Inc. (CSE: NSHS) (OTC: NSHSF), the biotechnology leader behind the patented NanoSphere Delivery System™, has entered into a revenue-sharing agreement to expand its Evolve Formulas product line to Indiana with Jeff DeHart, Managing Member of Evolve Formulas of Indiana, LLC. Under the agreement, NanoSphere will introduce a new, hemp-derived offering to the Indiana market. The NanoSerum™ Hemp products will be available for purchase in mid-September.
NanoSerum™ Hemp, like the other Evolve Formulas products, will leverage NanoSphere Health Sciences’ next-generation NanoSphere Delivery System™ to provide fast-acting relief from pain and inflammation. Similar to marijuana, hemp is derived from the cannabis plant and carries a vast range of medical benefits; however, it is genetically distinct and does not contain THC. The hemp-derived NanoSerum™ will be available in 5ML and 10ML sizes. There are already 1,500 pre-orders to-date.
“With a proven track record of success already under our belt in Colorado—we are eager to continue Evolve Formulas’ expansion by forging a path into the Midwest with an exciting new product, which delivers the benefits of hemp precisely and effectively,” said Robert Sutton, CEO and Chairman of NanoSphere Heath Sciences and Evolve Formulas. “Bringing our unique delivery system to the residents of Indiana will serve to not only educate the public on the extraordinary medical potential of hemp, but also set the bar for a high standard of hemp-derived products in this untapped market.”
NanoSphere Health Sciences utilizes a method of nano-encapsulating cannabis molecules in lipid membranes so they can be transported through layers of the skin and into the bloodstream in minutes. This provides rapid results, precise dosages and high bioavailability of cannabis which is ideal for localized pain and inflammation, as well as providing systemic therapy and relief from anxiety. With plans to expand into pharmaceutical, nutraceutical, cosmeceutical and animal health divisions in the coming years, the new hemp serum is another example of how NanoSphere’s technology can be applied to various formats and industries.
NanoSerum™ is currently commercially available in Colorado under the company’s brand name Evolve Formulas and will soon launch in California, Arizona and Nevada. The company also just announced a partnership with Delta 9 Cannabis INC to bring Evolve Formulas products into the Canadian market. In mid-September, the NanoSerum™ Hemp products will be available throughout Indiana with plans to expand into additional markets in the coming months.
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