SEATTLE, Nov. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing how the legalization of cannabis has opened the door to the benefits of cannabinoids and terpenes in treating skin-related conditions with topical creams and ointments.
The global skincare and dermatology market is projected to grow from $20 billion in 2015 to $33.7 billion by 2022, according to GBI Research, representing a 7.73 percent compound annual growth rate, including premium biologics as a popular treatment category.
AREV Brands International Inc. (CSE: AREV) has already built a massive product portfolio, targeting everything from cannabis genetics to cultivation to innovative health and wellness products, but skincare represents one of the largest opportunities. Investors may want to take a closer look at the stock after it completed its acquisition of a leading cannabis-infused topicals brand and witnessed early success in its medically-focused studies.
Bare Topicals Adds Leading Brand
AREV Brands recently acquired Bare Topicals from Alternative Extracts Inc. in a stock transaction valued at $160,000. The award-winning cannabis-infused topical products brand aims to relieve pain and treat skin conditions without the side-effects associated with traditional over-the-counter and dermatological products. The brand has been awarded numerous Cannabis Cups in competitions held from Toronto to Vancouver Island, including a second place finish at the 2017 High Times Cannabis Cup Canada.
“This acquisition is another that adds to the portfolio of products AREV continues to assemble while working on obtaining ACMPR licensing to sell any of our cannabis based products,” said CEO Mike Withrow in the press release announcing the acquisition. “In the meantime, we are preparing the Bare Topicals herbal line for production.”
1) Bliss: a cannabis infused lubricant containing cannabis (indica) flower, fractionated coconut oil, sunflower oil, damiana leaf, and ashwagandha
2) Heat: a pain reliever and anti-inflammatory with ingredients such as cayenne, ginger, and black pepper to bring heat and increase circulation to arthritic joints.
3) Lifted THC infused lip balm: each balm contains 50mg of THC and is flavoured with cucumber melon, and fortified with collagen and additional vitamins A, C, and E.
4) Magik: Pain-relieving, anti-inflammatory, anti-bacterial, anti-rheumatic, astringent and powerful in aiding muscle soreness, arthritis, headaches, cuts and abrasions containing cannabis flower, olive oil, avocado oil, and grapeseed oil.
5) Protect: a restorative hand and body lotion that combines cannabis, calendula, and yarrow, with sunflower and MCT oil.
6) Recover: this highly effective cream combines cannabis (THC) with magnesium and other herbs to effectively relieve pain and promote healing.
7) Releaf pain relief spray: a liniment-type formula which utilizes alcohol extracted THC, beneficial for sore and inflamed joints, circulation problems, and sprains, strains, and bruises.
8) Release: a fast absorbing massage oil, blended with THC and other botanicals designed to relax, reduce pain, and decrease inflammation.
9) Soothe: a rich cannabis cream combined with a multitude of plants to address problematic skin conditions such as eczema, psoriasis, and dermatitis.
Early Success in Medical Studies
AREV Brands recently announced a milestone in one of its joint venture developments with Alternative Extracts Inc. The companies successfully formulated terpenes from non-regulated sources to create a topical product designed to treat burns and insect bites. As noted in peer-reviewed literature, terpene synthesis is vital for cannabinoid synthesis as it provides the GPP molecule for CBGA synthesis.
The formulations have shown early success when applied to burn victims. For example, the company recently cited a 50-year-old woman with a known history of keloid formation. Blisters from the burn she incurred were completely eliminated within four days from the first application without any infection. The mechanism of action is believed to be the result of the poly-molecular function of the terpenes.
“This collaboration continues to produce highly effective compounds and formulations,” said Dr. Adrian Wade, Chief Science Officer, of Alternative Extracts Inc. in the press release announcing the early-stage results. “Terpenes have demonstrated to play an important role in an increasing number of natural health and medical products.”
Looking Ahead
AREV Brands International Inc. (CSE: AREV) has been making significant progress in advancing its product development an ACMPR license application over the past several months. With its renewed focus on skincare and dermatology, investors may want to take a closer look at the stock over the coming months as it rolls out new products.
For more information, visit the company’s website at www.arevbrands.com.
Please follow the link to read the full article: http://www.cannabisfn.com/arev-builds-an-i…picals-portfolio/
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Frank Lane
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