Pistol Bay Signs Exclusivity Agreement for Cannabinoid Herbal Blend
September 05 2018 - 9:15AM
Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink
Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) is pleased to
provide an update on its plans to seek opportunities outside of the
resource sector and, in particular, the cannabis industry.
Charles Desjardins, President and CEO of Pistol Bay, reports
that the company has entered into negotiations and signed an
Exclusivity Agreement to negotiate for the acquisition of the
world-wide exclusive rights to market three nutraceutical products
from an established private Ontario Company, that specializes in
the development, manufacturing and marketing of premium
phytopharmaceuticals, offering innovative solutions to complex
issues of human health. The three natural health products
demonstrate unique intellectual property with respect to novel
ingredients, production and extraction technology. To date $5.5
million has been spent on clinical trials to prove safety and
efficacy of the foundational product, which has generated
approximately USD $500 million in sales. The foundational product
is a combination of ten botanicals, wherein each contains multiple
molecules that contribute to delivering adaptogen and antioxidant
effects, providing noticeable improvements in physical, mental and
emotional well-being. In recent trials and testimonies this
anti-stress blend has shown therapeutic benefits when combined with
cannabinoids (containing minimal THC), which then formed the basis
of two other products: 1. Cannabidiol (CBD) combined with the
foundational adaptogen blend. 2. A full spectrum soft gel
containing solely CBD. About Adaptogens and
CBDStress has a role in every human disease, and that the
mitigation of the effects of stress is of vital importance in
preserving human wellness.
Using genuine proper double-blinded placebo-controlled clinical
trials it has been proven that the adaptogenic blend modulates the
body’s production of cortisol (the stress hormone) without using
steroidal mechanisms, but rather working through diffusing systemic
physiological mechanisms.
The adaptogens contain hundreds of biologically active molecules
extracted from an orchestra of plant species that have been
carefully selected and prepared to function in harmony and provides
tools it needs to function optimally allows it to stay
healthy.
The other two products will contain cannabidiol (CBD) which is a
plant-based molecule (there are hundreds of different plant-based
molecules that can come from hemp and they fall mainly into the
categories of terpenes, flavonoids and cannabinoids). CBD is one of
over 100+ cannabinoids found in hemp.
CBD a non-psychoactive, plant-based molecule.
It is getting a lot of attention recently for its many benefits
including treating pain, anxiety, inflammation, epilepsy and
diabetes without the disconcerting feelings of lethargy
or dysphoria. CBD works with the body’s endocannabinoid system
to deliver these benefits.
The finished products containing CBD will be manufactured to
comply with both US and Canadian regulatory laws, and each lot is
tested to ensure THC levels are below the permitted
requirements.
We are unique worldwide in that our adaptogenic blend increases
the bioavailability and bioefficacy of the cannabinoids
significantly.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral
Exploration Company with a focus on zinc and base metal properties
in North America. The company is also actively pursuing the right
opportunity in the Cannabis space looking to enhance shareholders
value. For additional information please visit the Company website
at www.pistolbaymininginc.com or contact Charles Desjardins at
pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC. Charles
Desjardins, President and Director
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Cautionary note:
This report contains forward looking statements.
Resource estimates, unless specifically noted, are considered
speculative. Any and all other resource or reserve estimates are
historical in nature and should not be relied upon. By their
nature, forward looking statements involve risk and uncertainties
because they relate to events and depend on factors that will or
may occur in the future. Actual results may vary depending upon
exploration activities, industry production, commodity demand and
pricing, currency exchange rates, and, but not limited to, general
economic factors. Cautionary Note to US investors: The U.S.
Securities and Exchange Commission specifically prohibits the use
of certain terms, such as "reserves" unless such figures are based
upon actual production or formation tests and can be shown to be
economically and legally producible under existing economic and
operating conditions.
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