Several companies engaging in the cannabis space are studying the science behind consumption and digestion. Cannabis oil is difficult to digest because of the thickness and difficulty to cross the blood-brain membrane. As a result, several people rely on inhaling and smoking methods for faster onset. Now, the companies are focusing on breaking the molecules using innovative technology into smaller particles to be absorbed faster into the blood. Dr. Mark Percival, CEO of Nanosphere Health Sciences Inc (OTCMKTS:NSHSF) said Nanosphere is one of the companies engages in trying to achieve this technology breakthrough to provide consumers with a quick method to enjoy benefits of cannabis oil.
Achieves some breakthroughs
Mark said Nanosphere achieved some breakthroughs in technology and a lot to be done to accomplish the set goals. He further said the company does not own innovative technologies at this time but puts in significant effort to achieve the same. It could benefit from a myriad of opportunities if it can achieve the target of breaking the molecules in cannabis oil and providing an easy absorption method.
Create a new colorless and odorless drink
The next challenge for the Nanosphere is to develop an odorless and colorless ingredient. A customer does not want to taste cannabis but prefers to enjoy a colorless and odorless drink. It is the desired outcome of cannabis extraction. The customers like to enjoy flavored drinks. Therefore, several companies are offering drinks with better flavors. Nanosphere is putting in efforts to create a better drink and capture a lion share of the cannabis oil derived drinks.
Evolve formula products
Nanosphere said its partner – Vertical Cannabis Inc based in California- introduced its evolving formula products in December 2019. The company expects to introduce nanoparticle and proprietary cannabis products developed using its patented technology in January 2020 in California.
Mark said entry into the largest legalized market for cannabis in the US – California with established players like Vertical is a great achievement for the Nanosphere. Verticals operations, execution expertise, and marketing skills are ideal for the Nanosphere with its nanotechnology to contribute to the Californian market. It is a beginning for the population in California to experience nano-biotechnology products.