Emergence client, Dosecann Inc.: “looks to create value-added cannabis products” – expects to create 12 jobs

CBC News reports that Emergence client, Dosecann Inc. is “establishing itself in Charlottetown [and] aims to be a leader in product research and development when the drug is fully legalized later this year.

dosecann

An architect’s rendering shows Dosecann’s 42,000 square foot building in Charlottetown.

With a renovated 42,000 sq. ft. facility in the BioCommons Research Park and a team of six employees, Dosecann is hoping, CBC says, “to get a foothold in the emerging market for cannabis products by developing a spray and other dose-controlled, oil-based products for both the medical and recreational markets.

You can read the full article here!

See also: Emergence client, Dosecann Inc., is hiring: company seeks to fill 11 new positions and Emergence client, Dosecann Inc., acquired for $38 million.

In April we reported that Stoney Creek, Ontario-based Dosecann Inc. had entered into an agreement to be acquired by Cannabis Wheaton Income Corp. of Vancouver for $38 million, payable in common shares of Cannabis Wheaton. You can read that full announcement here!

We subsequently announced that Dosecann is seeking to fill 11 new positions.

The founder and CEO of Dosecann, Greg Boone, told CBC that he’s received a lot of support from people and businesses in P.E.I. that have led to a rapid set-up of Dosecann on the Island.

None of this would have transpired without the great people and opportunity I’ve had in Prince Edward Island,” he said. “The community in Prince Edward Island should be very proud of the fact that this will be an absolute first-rate facility and should contribute very nicely to the economy and to job creation.

Posted in Clients, News

Emergence hosts Halifax IP workshop for Atlantic bio startups

Intellectual property (IP) protection is a critical consideration for all bio-based startups. 

In  fact, IP should be a key consideration right from day one!

This is because IP affects many business areas including:

  • choosing a business name,
  • conducting negotiations and working with third parties,
  • creating timelines for commercialization, as well as
  • competing in the marketplace.

Obtaining intellectual property protection – such as patents – can minimize competition and act as a defensive mechanism against infringement claims from others. Intellectual property also can attract or solidify funding and partnerships. See: Start-ups Need to Start with IP.

bionova-logoIt is for this reason that Emergence, in collaboration with Nova Scotia partner, BioNova, will host an IP workshop for bio-sector innovators and entrepreneurs in Halifax on May 08. Click here for full information and to register!

B+PThe seminar will be presented by leading Canadian IP law firm, Bereskin & Parr LLP Intellectual Property Law. The focus will be on those elements critical to formulating an intellectual property strategy for bioscience startups.

During this IP presentation our colleagues from Bereskin & Parr will discuss different types of IP rights, including trademarks, copyright, trade secrets and patents, and how they can be used to create an IP strategy, build an IP portfolio and create value.

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Bearskin & Parr’s Noel Courage

The workshop will be followed by a Q&A session and the opportunity to meet one-on-one with the presenters, Bereskin & Parr’s Noel Courageand Tony Orsi**.

Please indicate if you wish to set up a one-on-one meeting for your venture. To schedule a meeting, please send your name, title & company name to Kerri Mannette at kmannette@bionova.ca  by Monday, May 7, 2018.

Click here for full information and to register!

MJY1PH

Emergence director, Martin Yuill

According to Emergence Director, Martin Yuill, “one of the pillars of the Emergence incubator is to provide Canadian life science innovators and entrepreneurs with timely access to top-tier professional advisory services.”

Early-stage, startup and scale-up ventures alike all benefit from professional guidance to: make the right decisions at every stage of their company’s growth, build successful export companies, and compete successfully in the global economy.

“In today’s increasingly hyper-competitive and global knowledge-based economy, having an IP strategy is critical to protect a venture’s value proposition, help define a company’s key points of differentiation, and offer protection to a startup’s competitive advantage,” Yuill says.

See also: IP Workshop by Emergence, BioNova

ABOUT YOUR WORKSHOP PRESENTERS

* Noel Courage – Patent attorney, Partner at Bereskin & Parr LLP

Noel Courage is a partner in the Intellectual Property law firm Bereskin & Parr LLP. He is a lawyer and a US and Canadian patent agent. Noel has been practicing IP law since 1995. He helps with patenting and licensing of life science inventions, particularly biotechnology, chemistry and medical devices.

**Tony Orsi – Patent Agent, Partner at Bereskin & Parr LLP

Tony Orsi is a patent agent and partner with the Intellectual Property law firm of Bereskin & Parr LLP. Tony has a background in electrical and biomedical engineering as well as business and helps clients with their patent needs in a wide variety of areas including medical devices, electrical and computer technology, software, mechanical and clean-tech. Tony also mentors startups on understanding Intellectual Property rights and devising an IP strategy to help them achieve their business goals.

Posted in Clients, News

Emergence client, Dosecann Inc., is hiring: company seeks to fill 11 new positions

We recently announced that Emergence client, Dosecann Inc. has entered into an agreement to be acquired by Cannabis Wheaton Income Corp. of Vancouver for $38 million. Dosecann is a late-stage “Licensed Dealer” applicant. You can read the full story here!

job_postings723Dosecann is developing a suite of cannabis-based health and wellness products for the current medical and future adult use cannabis market. The company is planning construction of a 45,000ft² GMP pharmaceutical level production facility in Prince Edward Island and aiming to secure Licensed Dealer status by May 2018.

Dosecann’s purpose-built Charlottetown facility is intended to accommodate product development, extraction, formulation, filling and packaging. Dosecann is developing a suite of cannabis products across a variety of delivery methods for both the medical and adult use markets.

Dosecann is currently seeking to fill 11 new positions:

  • Analytical Scientists (3),
  • Formulation Scientists (2),
  • Quality Assurance Specialist,
  • Lab Manager,
  • Extraction Technician,
  • Packaging Technician,
  • Financial Accountant,
  • Office Administrator.

You can view the listing details by clicking here!

 

 

 

Posted in Clients, News

Meet the NACO Academy Roadshow Workshop lead presenters!

We recently announced that Emergence has joined forces with the National Angel Capital Organization to deliver a series of workshops across Atlantic Canada for investors and entrepreneurs. Click here to see that story!

540x100fPNGThat was followed with the announcement of a discount code for Emergence portfolio companies and members of the Emergence community. Click here to see THAT story!

Now: an opportunity to meet your workshop leaders – Pieter Dorsman and Kirk Hamilton.

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Kirk Hamilton

Kirk Hamilton  will lead the workshop entitled: “An Entrepreneur’s Guide to Angels“. This session is designed for entrepreneurs who want to improve their ability to attract angel investment, and who want to build a positive ongoing relationship with their angel investors once they have invested.  Click here to register for this workshop at the location of your choice!

Kirk is an executive with international experience implementing strategies for technology adoption to capitalize on unique business opportunities in Information Technology, Telecom, and Manufacturing industries. As CEO of a number of public and private companies for over 20 years, he has led them from a loss position to profitability. During his career, the scope of his assignments ranges from the repositioning and turnaround of a global provider of smart card equipment and software solutions, NBS Technologies Inc, to major telecom start-up operations with leading-edge technology for BCE and others, to turnarounds of manufacturing operations within GE Canada.

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Pieter Dorsman

Pieter Dorsman will lead the session entitled: “Structuring Deals & Term Sheets“. This session will show you how to structure investment deals to maximize the value created and to protect your returns from any adverse events.  Click here to register for this workshop at the location of your choice!

Pieter is a seasoned advisor, investor, and mentor is President & CEO of Redpeaks Management Inc., a consulting firm focused on advising early-stage technology companies on finance and investment, corporate development, legal structure, and overall business strategies. Pieter is one of the directors of E-Fund, a Vancouver-based angel investment fund. He is also chairman of Lambda Solutions Inc., a cloud-based learning company. Previously, he co-founded Actenum Corporation and structured the start, financing, and exit of ClearVision Technologies.

The NACO Academy Roadshow, as the series is known, will be presented in all four Atlantic provinces from April 30 – May 04, 2018.

Clients of Emergence and members of the Emergence community get to take advantage of a 40% discount for each workshop by entering the promo code “NACOMember” at checkout. 

The workshops in St. John’s, Halifax and Charlottetown include a post-workshop cocktail reception with drinks and finger food. The workshops in Moncton and Fredericton include lunch.  

For further information about the workshops, locations, and times and and to register: CLICK HERE! 

The focus is to increase the knowledge of early-stage investors, and the skills of entrepreneurs who work with Angel investors. The overall goal is to improve the way that Angels and ventures engage and to increase investment outcomes.

Posted in Clients, News, Services

Welcome to new Emergence client, zpharm

We are happy to extend a warm “EmerGence welcome” to our newest client, Waterloo, Ontario-based zpharm. Welcome to Canada’s bioscience incubation program! Learn more about zpharm here!

rsz_high_res_logozpharm is the maker of Cravv® – for smoking cessation. Cravv® is a new, “first of its kind in Canada”, natural health product designed to help reduce nicotine cravings in smokers, making it easier to quit for good.

See: Waterloo pharmacist brings new nicotine addiction treatment to Canada.

cravv bottleThe product’s main ingredient, cytisine, is an alkaloid that occurs naturally in several plant species and helps to block the receptors that recognize nicotine. In a trial published in the New England Journal of Medicine, cytisine was shown to be more efficacious than nicotine replacement therapy (NRT) in helping smokers quit smoking.

Available online and at select Canadian pharmacies. Cravv® targets the 5+ million Canadians – roughly 17% of the country’s population – who remain addicted to the smoking habit.

The brainchild of Waterloo-based health tech startup zpharm,  Cravv® was recently approved by Health Canada as a natural health product.

Blake_Ziegler___Super_Portrait

Blake Ziegler, CEO of zpharm, has successfully gotten a natural health product (branded Cravv) approved for sale in Canada. Cravv’s main ingredient is cytisine, a promising compound that’s proven to reduce nicotine cravings and help people quit smoking.

“We are excited to bring Cravv® to those Canadians who have long struggled to quit smoking,” Dr. Blake Ziegler, Adjunct Assistant Professor at the University of Waterloo School of Pharmacy and CEO of zpharm, told us.

“Cytisine has been shown to be safe and efficacious in multiple clinical trials and we believe it represents a very attractive alternative to current therapies for the millions of Canadians who currently smoke tobacco products.”

See: New smoking cessation product launched in Canada

zpharm develops natural health products with evidence of safety and efficacy in areas of unmet need. A privately held company, zpharm was founded in 2015 by an experienced pharmacist who wanted to bring better treatment options to patients across Canada.

For more information visit www.zpharm.ca to learn about the company.

Posted in Clients, News

Discount for Emergence community at Atlantic investor and entrepreneur workshops

We recently announced that Emergence has joined forces with the National Angel Capital Organization to deliver a series of workshops across Atlantic Canada for both investors and entrepreneurs. Click here to see that story!

540x100fPNGThe NACO Academy Roadshow, as the series is known, will be presented in all four Atlantic provinces from April 30 – May 04, 2018.

Clients of Emergence and members of the Emergence community get to take advantage of a 40% discount for each workshop by entering the promo code “NACOMember” at checkout. 

The workshops in St. John’s, Halifax and Charlottetown include a post-workshop cocktail reception with drinks and finger food. The workshops in Moncton and Fredericton include lunch.  

The Entrepreneur’s Guide to Angels workshop is designed specifically for entrepreneurs who want to improve their ability to attract angel investment, and who want to build a positive ongoing relationship with their angel investors once they have invested. Click here to register for this workshop at the location of your choice!

The “Structuring Deals and Term Sheets” workshop is focused on structuring investment deals to maximize the value created and protect returns from adverse events. Click here to register for this workshop at the location of your choice!

For further information about the workshops, locations, and times and and to register: CLICK HERE! 

The focus is to increase the knowledge of early-stage investors, and the skills of entrepreneurs who work with Angel investors. The overall goal is to improve the way that Angels and ventures engage and to increase investment outcomes.

Posted in Clients, Conferences, News, Partner

Emergence client, Dosecann Inc., acquired for $38 million

Stoney Creek, Ontario-based Emergence client, Dosecann Inc. has entered into an agreement to be acquired by Cannabis Wheaton Income Corp. of Vancouver for $38 million, payable in common shares of Cannabis Wheaton. Dosecann is a late-stage “Licensed Dealer” applicant. You can read the full announcement here!

job_postings723Dosecann Inc. previously completed a private round of secured convertible debenture unit financing led by Perth, Australia-based MMJ PhytoTech Limited. MMJ PhytoTech invested $2.5 million in Dosecann at a pre-money valuation of $11.5 million.

The Cannabis Wheaton transaction is expected to close on or about April 30, 2018.

Dosecann is developing a suite of cannabis-based health and wellness products for the current medical and future adult use cannabis market. The company is planning construction of a 45,000ft² GMP pharmaceutical level production facility in Prince Edward Island and aiming to secure Licensed Dealer status by May 2018.

Dosecann’s purpose-built Charlottetown facility is intended to accommodate product development, extraction, formulation, filling and packaging. Dosecann is developing a suite of cannabis products across a variety of delivery methods for both the medical and adult use markets.

See also: Emergence client, Dosecann Inc., is seeking candidates for 11 new positions

 

 

Posted in Clients, News