Innocan Gets In Into Distribution Contract to Offer its CBD Derma Cosmetic Products in Germany 1
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Innocan Participates In Circulation Contract to Offer its CBD Derma Cosmetic Products in Germany

Herzliya, Israel and Calgary, Alberta–( Newsfile Corp. – November 11, 2020) – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (the “Business” or “Innocan“), is delighted to announce that its entirely owned subsidiary, Innocan Pharma Ltd. (“Innocan Israel“) has gotten in into a circulation contract dated 4, 2020 (the “Contract“) with iAmHealth Distribution UG (“iAmHealth“), a CBD items provider in Germany to sell the Business’s SHIR Charm and Relief & & Go product lines in Germany.

Under the regards to the Contract, iAmHealth will disperse Innocan’s distinct cosmetic CBD products in Germany on a non-exclusive basis. The Agreement defines the purchasing and delivery systems for the items and the marketing cooperation in between the celebrations. The parties intend to bring out the Arrangement immediately following the conclusion of all registration and regulative requirements in Germany.

Nina Wlodarczyk, iAmHealth’s Handling Director commented: “Our iAmHealth team originates from the medical market with research based on science. As cannabidiol (” CBD”) became more readily available and acquired appeal in Germany, we wished to make our contribution and create a location for all of our existing customers, as well as individuals who are looking for new items they can trust, and with a high level of efficacy. Our company believe Innocan, as a pharmaceutical oriented company, is the best fit to match the variety of our existing products that we provide to the German customer.”

Iris Bincovich, Innocan’s Creator and CEO, commented: “We are delighted to start our item distribution in Germany. This is one of several circulation contracts that we have signed in Europe. I think iAmHealth will offer a premier circulation channel for our SHIR and Relief & & Go item lines.”

iAmHealth GmbH

iAmHealth Distribution UG, a subsidiary of iAmHealth GmbH (www.iam.health), is a collective group of multidisciplinary professionals from various sectors concentrating on healing formulations, including scientific trials, item development and production. iAmHealth has built a network of trustworthy Medical, R&D, Financial and Legal partners to supply and provide valuable knowledge and extensive understanding. iAmHealth is dedicated to the online distribution of various cosmetics and way of life items, making use of an innovative, Expert system driven e-commerce platform, allowing complete effectiveness and security to a vast array of end consumers. iAmHealth strives to provide the extremely finest cosmetics, natural products and CBD, which are extremely credible and proven, at sensible costs, which support and increase the well-being of its customers.

About Innocan

The Business, through its completely owned subsidiary, Innocan Israel, is a pharmaceutical tech company that focuses on the development of a number of drug delivery platforms combining CBD with other items. Innocan Israel and Ramot at Tel Aviv University are collaborating on a brand-new, innovative exosome-based innovation that targets both main worried system (CNS) signs and the COVID-19 Corona Infection using CBD. CBD-loaded exosomes hold the prospective to help in the recovery of contaminated lung cells. This item, which is expected to be supervised by inhalation, will be evaluated against a range of lung infections.

Innocan Israel signed an around the world exclusive license agreement with Yissum, the business arm of the Hebrew University of Jerusalem to develop a CBD drug shipment platform based upon a unique-controlled release liposome to be administrated by injection. The Company strategies, together with Teacher Berenholtz, Head of the Laboratory of Membrane and Liposome Research of the Hebrew University, to check the liposome platform on numerous prospective indications. The Business is likewise working on a dermal item that incorporates CBD with other pharmaceutical ingredients in addition to the development and sale of CBD-integrated pharmaceuticals, consisting of, but not restricted to, topical treatments for relief of psoriasis symptoms as well as the treatment of muscle discomfort and rheumatic discomfort. The creators and officers of Innocan have commercially successful track records in the pharmaceutical and innovation sectors in Israel and internationally.

For more info, please contact:

For Innocan Pharma Corporation:

Iris Bincovich, CEO

+972-54-3012842

[email protected]!.?.! NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS GUIDELINE COMPANIES HAVE EXAMINED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Care relating to forward-looking information Certain

details set forth in this press release, consisting of, without constraint, info relating to the markets, requisite regulative approvals and the awaited timing for market entry, is forward-looking details within the significance of suitable securities laws. By its nature, forward-looking info is subject to many dangers and uncertainties, a few of which are beyond Innocan’s control. The positive information included in this news release is based upon particular essential expectations and assumptions made by Innocan, including expectations and presumptions worrying the expected benefits of the items, complete satisfaction of regulatory requirements in various jurisdictions and satisfactory conclusion of requisite production and distribution plans. Forward-looking details undergoes numerous threats and unpredictabilities which could trigger real results and experience to vary materially from the prepared for outcomes or expectations expressed in this press release. The key threats and unpredictabilities consist of but are not limited to: basic international and local(nationwide) financial, market and company conditions; governmental and regulatory requirements and actions by governmental authorities; and relationships with providers, makers, customers, company partners and rivals. There are likewise threats that are fundamental in the nature of item distribution, including import/ export matters and the failure to get any necessary regulatory and other approvals(or to do so in a prompt way)and schedule in each market of item inputs and completed products. The awaited timeline for entry to markets might alter for a number of factors, including the failure to secure essential regulative requirements, or the requirement for extra time to conclude and/or satisfy the production and circulation plans. As an outcome of the foregoing, readers need to not put unnecessary reliance on the positive info included in this news release worrying the timing of launch of product distribution. A comprehensive discussion of other dangers that impact Innocan can also be discovered in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedar.com. Readers are warned that undue reliance needs to not be placed on positive details as actual outcomes might differ materially from the forward-looking information.

Innocan does not undertake to update, proper or modify any forward looking information as a result of any new info, future events or otherwise, except as may be required by suitable law. To view the source variation of this press release, please

visit https://www.newsfilecorp.com/release/67977 Released at Wed , 11 Nov 2020 21:00:00 +0000

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