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A Serbian producer of food supplements based on cannabidiol...
created · Updated
Deadline: Jun 16, 2022
Received 0 expressions of interest

Summary

The Serbian company, founded by university professors, produces full-spectrum cannabidiol (CBD) oil-based food supplements from medical hemp. The principal component, CBD, oil is produced by a Slovenian partner company in the European Union. The company produces six products, four of which are intended for human use and two supplements are for pets (dogs and cats). The company is looking for partners to work with, under distribution or commercial agency agreements.

Description

The Serbian company, founded in 2019 by university professors, produces cannabidiol (CBD) oil-based food supplements from medical hemp in cooperation with a European Union certified producer of medical hemp from Slovenia. Recent scientific discoveries have shown that pathological diseases are accompanied by an unregulated endocannabinoid system. By modulating the endocannabinoid system and improving its tone, the application of CBD could potentially slow or even stop the progression of various diseases.

The company offers full-spectrum CBD oil containing many of 120 compounds (cannabinoids) found in hemp thus far. These 120+ compounds found in a hemp plant are extracted together, without any alteration, in the process developed by the company and mixed with a carrier, olive oil from Crete, Greece. As result, they produce an entourage effect. The therapeutic properties of CBD and its effect on the endocannabinoid system have been tested by scientists and physicians around the world in particular for their anti-inflammatory and antioxidant properties. As of 2019, there was limited high-quality evidence for cannabidiol having a therapeutic neurological effect in people for example its possible anti-anxiety and anti-psychotic effects. CBD oil numerous positive properties that are increasingly used in everyday life. The use of CBD oil has become a supplement to pharmacological drugs that are increasingly being used by consumers.

The company wishes to expand to foreign markets and to find new clients and business partners all around the European countries. The full-spectrum CBD oil is made of industrial hemp and has less than 0,2% of THC (Tetrahydrocannabinol), and will not have a psychoactive effect. The European hemp is cultivated in certified bio and vegan production without the use of artificial fertilizers, pesticides, or genetically modified organisms. At the moment, the company produces six products, four of which are intended for human use, and two are intended for pets (dogs, cats) and wish to find a partner who will distribute them in his market under the distribution services or commercial agency agreement.

Advantages & innovations

The products are the result of the company's own research work. It is a natural preparation that can be used every day as a dietary supplement in the service of achieving a better quality of life. The raw material is medical hemp from European Union and obtained in localities that have been known for centuries for their high quality, which gives the products unique properties and stronger healing properties. Working in close collaboration with the Slovenian partner company, the production process is integrated vertically with integrated and certified quality control from the field to the final product. The worldwide production of CBD oil is still in its infancy and technology is still being developed. With this in mind, all products offered by the company are produced according to standards for human food production GMP, HACCP, BIO, and ISO 22000.

Stage of development

Already on the market

Partner sought

The company seeks cooperation with a reliable partner from Europe who has experience in the distribution of food supplements. The distribution network for or customer contacts in the bio-food and the (para) pharmaceutical retail area would be beneficial. The cooperation should be based on a distribution services agreement or commercial agency agreement.

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EIT Food Public Engagement Proof of Concepts Call for Proposals 2023,...

published
Deadline: Aug 15, 2024
Project full name: EIT Food Public Engagement Proof of Concepts Call for Proposals 2023, 2024, 2025
Project acronym: EIT Food PE PoC Call 2023, 2024, 2025
Grant agreement number: N/A
Total EU funding available: €360 000 per submission window (total for 3 rounds: €1 380 000)
By the date of the Calls’ launches a webpage will be activated at eitfood.eu/projects/public-engagement-proof-of-concepts-call

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    EIT Food Public Engagement Proof of Concepts Call for Proposals 2023,...

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    Project full name: EIT Food Public Engagement Proof of Concepts Call for Proposals 2023, 2024, 2025
    Project acronym: EIT Food PE PoC Call 2023, 2024, 2025
    Grant agreement number: N/A
    Total EU funding available: €360 000 per submission window (total for 3 rounds: €1 380 000)
    By the date of the Calls’ launches a webpage will be activated at eitfood.eu/projects/public-engagement-proof-of-concepts-call
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