More activity at Evitrade with this recent acquisition. I seriously don’t think this stock will ever see these levels again.
EVITRADE Health Announces Non-Binding LOI with Cantech Molecular Research Inc. VANCOUVER, BC, Tuesday, December 5, 2017 – EVITRADE Health Systems Corp. (CSE:EVA, OTCQB: AXHLF) (the “Company” or “EVITRADE”) announces the signing of a non-binding letter of intent with Cantech Molecular Research Inc.
Cantech Molecular Research Inc. is a high level medical technology service company that is unique as it brings a range of specialized services including genetic sequencing and bioformatics, full biological and environmental analysis capabilities, a full imaging division including confocal laser scanning imaging system services, and has the latest in GC-MS (Gas Chromatography and Mass Spectrometry) technology available as product and service offerings in its two current primary divisions:
1) Advanced tissue culture services for the medical cannabis industry, both for medical marijuana and industrial hemp. Cantech’s senior staff has over 20 years of hands on experience working with plant biotechnology, physiology, advanced tissue culture, plant breeding and development.
Their knowledge has led them to work alongside many multinational corporations domestically and internationally at both a breeding and molecular level. This experience has given them the ability to produce and maintain mass quantities of exclusive cultivars that are all genetically identical. These identical seedlings will have the option to be pre-selected with desired traits, allowing them to develop new varieties of exact cultivars with very targeted THC/CBD combinations.
2) Cantech’s breeding programs will contain patentable cultivars that have been certified disease and pesticide free. Their services can eliminate previously unavoidable costs associated with the production of elite plants within the agricultural market.
Cantech may also offer the option of full genetic mapping services at a genetic level for a wide variety of different markets within the medical cannabis and hemp industries.
“The proposed acquisition of Cantech Molecular Research Inc. should serve as an excellent addition to our current offerings at Evitrade. We see fantastic growth opportunities, and look forward to the potential expansion into new markets with Cantech Molecular Research Inc.” said Sydney Au, CEO.
Management looks forward to providing further details as developments on this Letter of Intent as they become available.