COMPANY OVERVIEW:
Exchange: CANADA: CSE: OVAT USA: OTCQB: OVATF
Latest Company filings can be found on SEDAR
CIK: 0001515768
Fiscal Year End: 12/31
SIC – Industry Class: 2833 – medicinal and botanicals
Incorporated In: British Columbia, Canada
Year of Inc.: 2017
Ovation Science Inc.
Ovation Science Inc. is a research and development company focused on bringing real science to the cannabis industry by licensing its patented topical and transdermal products globally. Powered by its unique delivery system Invisicare®, Ovation Science is disrupting the market with highly effective products protected by patents and backed by science. Ovation’s out-licensing business model generates revenue from multiple revenue streams including development fees, licensing fees, on-going royalties and sales of Invisicare polymer to its licensees.
LICENSEES:
Ovation has the following licenses in place:
MidWest Roots, LLC, operating one of Missouri’s largest facilities in Washington, MO, efficiently produces and distributes a wide range of cannabis products, including topicals, vape pens, edibles, and pills, with plans to introduce pre-rolled joints. Their strategic location near Interstates 44 and 70 enables quick statewide delivery.
Planet 13 Holdings Inc., a vertically integrated cannabis company, operates award-winning cultivation, production, and dispensaries in Las Vegas and Orange County, California. It also holds licenses in Florida and the Chicago-region of Illinois. Aiming to establish a global brand, Planet 13 focuses on top-tier dispensary services and innovative cannabis products. The company’s shares are traded on the Canadian Securities Exchange (CSE) under PLTH and on the OTCQX as PLNHF.
PA Options for Wellness, founded with a focus on research and patient outcomes, the company blends plant science with medicine to deliver innovative products to the medical market. Operating a 65,000 square foot advanced cannabis facility and six dispensaries in Pennsylvania, it emphasizes ethical standards and patient-centric care. Additionally, the company collaborates with medical experts and universities in the state for patient care and research advancements.
Stash House Distribution, a national leader in cannabis distribution, manufactures and distributes a wide range of cannabis products for top national brands. Their advanced technology platform and extensive experience in distribution and sales set them apart in the market. They have licensed Ovation formulations for Oklahoma, Missouri, New Mexico, and Mississippi.
DermSafe Successfully Tested Against Human Coronavirus (Surrogate to SARS-CoV-2) Independent Test Results Show a 99.97% Reduction in Virus
Ovation announces an independent study has successfully proven the effectiveness of its DermSafe® hand sanitizer lotion against a human coronavirus (Beta Coronavirus strain OC43), a surrogate for SARS-CoV-2 (the virus that causes COVID-19).
Ovation Science Expands its Distribution of DermSafe into Mexico to Assist in the Fight Against the Coronavirus (COVID-19)
Ovation Science has expanded distribution of its DermSafe® hand sanitizer lotion to Mexico. Mexico, have made their first purchase of over 10,000 bottles of DermSafe, which they will begin distributing through-out Mexico.
Ovation Science Announces Extended Rights For DermSafe Hand Sanitizer
Ovation Science has signed a revised agreement for additional rights for its DermSafe hand sanitizer. It provides Ovation with immediate additional rights which will assist in the sales and marketing of the product internationally.
Ovation Science Provides Update to DermSafe Status, Sales and Manufacturing
Ovation is providing an update to its previous disclosures regarding its DermSafe® hand sanitizer product. This release provides updates to regulatory status, sales, manufacturing, and the science which supports DermSafe.
OVATION SCIENCE INC. ANNOUNCES PRIVATE PLACEMENT
Ovation Science announces a proposed private placement offering of up to 4,000,000 units (each a “Unit”) at a price of $0.42 per Unit for total proceeds of up to $1,680,000 (the “Offering”).
