Naturally Splendid (TSXV:NSP) announced that it has provided The Cocos Pure Beverage Corp (Cocos Pure), with a custom formulated HempOmega® emulsion to be added as an ingredient for an omega infused coconut water.
As quoted in the press release:
Naturally Splendid and Cocos Pure will co-develop a unique product line of coconut based retail products infused with HempOmega®. In addition to a HempOmega® infused coconut water additional products lines to be developed are: HempOmega® / coconut hydration sachets and HempOmega® / coconut capsules. HempOmega® is made from Canadian hemp seed oil that is micro encapsulated for incorporation into functional foods, beverages, dog foods and cosmetics. It can be used as an emulsion or manufactured into a powder to be used as a plant based source of omega fatty acids.
The products will be jointly developed with the assistance of POS Bio-Sciences at their facility located on the grounds of The University of Saskatchewan. POS Bio-Sciences offers unparalleled expertise and service in bioprocessing applied research from bench-top to commercialization scale focusing on Process Development, Analytical Services, and Custom Processing. POS specializes in extraction, fractionation, modification and purification of bio-based materials. All POS Bio-Sciences processes are cGMP-compliant and fully supported by quality assurance, commitment to regulatory compliance, and certification to international standards.
Naturally Splendid CEO, Craig Goodwin, stated:
Developing new products with Cocos Pure further demonstrates the range of market opportunity for HempOmega®.And being a finalist in the prestigious NutraIngredients Awards has only added to the market potential of this omega ingredient. We will continue to develop commercial opportunities for HempOmega® in a wide range of applications