Veritas Pharma Inc. (CSE:VRT) (OTC:VRTHF) Breaking News - December 28, 2017

Veritas Pharma Subsidiary Receives Health Canada Dealer License

Vancouver, B.C. - Dec 28, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces that Health Canada has issued its research and development subsidiary, Cannevert Therapeutics Ltd. (“CTL”) a dealer’s license no. 2018/6970 under Health Canada’s Section 56 exemption that will allow them to possess, produce, analyze, sale, send, transport, and deliver cannabis, hemp and related products.

This is a significant step for CTL in that in conjunction with discovering and developing new therapeutic cannabis strains, it will also be a commercial service provider of diagnostic chemistry and biological testing for licensed producers under Health Canada guidelines.

Veritas Pharma CEO, Dr. Lui Franciosi, stated, “We are excited that Cannevert scientists will now not only be able to obtain a variety of cannabis strains and related products from multiple licensed producers in Canada, but also from around the world with newly acquired import permit. They will also be able to produce cannabis liquid extracts and even send them with an export permit to other parts of the world for further laboratory and clinical trial testing.”

Although Cannevert’s primary focus will continue to be the identification of new cannabis strains for the treatment of specific diseases and conditions, in the new year it will seek to expand its diagnostic chemistry team, purchase additional testing equipment and lease larger laboratory space on the University of British Columbia campus. The aim is to have a full contact service laboratory operating in later half of 2018.

Dr. Franciosi goes onto say, “CTL will have an advantage over other analytical testing service providers in that it will also offer in vivo and in vitro assays to licensed cannabis and hemp producers to determine the therapeutic potential of their strains (e.g., batch-to-batch) under a contract research agreement.”

In the near future Cannevert will also explore the feasibility of securing a license to grow select cannabis strains for research purposes within its laboratories. It is expected to be a more efficient process given that CTL has gone through the Dealer’s license application process and the legalization of cannabis will occur in July 2018. As of January 1, 2018, Cannevert will be one of the over thirty laboratories licensed in Canada to conduct activities with cannabis and hemp: Health Canada: Laboratories licensed to conduct activities with cannabis

About Veritas Pharma Inc.
Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through its 80% owned Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Securities Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website: veritaspharmainc.com
On behalf of the Board of Directors
"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Veritas Pharma Issues Incentive Stock Options

Vancouver, B.C. - Dec 21, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces the issuance of 2,350,000 stock options at $0.64 to directors, management, and consultants of the Company for a term of twelve (12) months.

About Veritas Pharma Inc.
Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through its 80% owned Cannevert Therapeutics Ltd. (“CTL”), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company’s commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Securities Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website: veritaspharmainc.com

On behalf of the Board of Directors

“Dr. Lui Franciosi”
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Veritas Hires Medical Director to Advise Physicians & Regulators on the Application of Cannevert’s Experimental Results with Cannabis to Clinical Practice & Public Policy

Vancouver, B.C. - Dec 8, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) is pleased to announce the hiring of Dr. M. Scott Alexander as the Company’s Medical Director. He will ensure the medical integrity of Cannevert Therapeutics Ltd. cannabis research programs and develop the medical affairs strategy to support their cannabis strains currently in preclinical and clinical development.

Dr. Alexander’s primary duties will be to advise physicians and regulators on the application of Cannevert’s experimental results with specific cannabis strains to their clinical practice and public policy. He will specifically address their current concerns and need for a standardized medical cannabis product that can be dosed and delivered reliably for a consistent therapeutic effect with minimal side effects. Dr. Alexander is committed to following the principles of translational medicine and developing strong partnerships with patient advocacy groups and colleges of family physicians to share his understanding of the potential benefits and risks of medical cannabis.

Veritas’ CEO, Dr. Lui Franciosi, stated, “Dr. Alexander brings a wealth of medical knowledge, a clear understanding of current clinical practice and regulatory needs, and a pledge to educate all stakeholders about therapeutic strains that are based on Cannevert’s experimental evidence.”

About Dr. M. Scott Alexander, MBBS
Dr. Alexander completed his medical degree at the University of Queensland in Brisbane, Australia. He earned his undergraduate and Master’s degree at Simon Fraser University in Burnaby, Canada. His Master’s thesis concerned neuroscience, in particular, motor deficits in older adults with age-related macular degeneration. His research led to recommendations to civil engineers in designing enhanced environments for people with low-vision. Dr. Alexander’s undergraduate honour’s thesis was in behavioral neuroscience. He examined how perceptual shifts in visual input altered motor maps in the brain through the posterior parietal cortex leading .to long-term adaptations. This research has been shown to help improve locomotor function in individuals who have suffered debilitating strokes. During medical school, Dr. Alexander led two research projects. One was a study in knowledge translation in the early detection and prevention of dementia within the Centre for Research in Geriatric Medicine. He coordinated Family Physician focus groups and extracted qualitative data from their conversations to drive practical research in dementia. The second was validated a frailty assessment tool in rehabilitation inpatients which monitored patient progress daily while in hospital.

About Veritas Pharma Inc.Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through its 80% owned Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Securities Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website: veritaspharmainc.com

On behalf of the Board of Directors
"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.


Source: Veritas Pharma Inc.

Veritas’ Research Arm Cannevert Signs a Material Transfer Agreement with the Institute for Medical Cannabis of Puerto Rico

Vancouver, B.C. - Dec 5, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces its research arm, Cannevert Therapeutics Ltd. (“CTL”) has signed a Material Transfer Agreement with the Institute for Medical Cannabis (“IMC”) Corporation of Puerto Rico. IMC will provide Cannevert with specific cannabis strains for upcoming human studies in the US territory.

IMC is the first licensed medical cannabis company under the State Department Medical Cannabis Health Code to supply a variety of the high quality medical cannabis products for the medical community. It has a state of the art facility in Ponce that provides cultivation, extraction, formulation, multiple forms of production, and research using the best, award winning strains, technology and processes in the industry.

IMC operates in a 44,000-square-foot building with 15,000 square feet of indoor cannabis under lights with an additional 1,800 square feet of ISO Class 7 cleanroom class manufacturing space. For more information about IMC, please visit their website at http://imc-pr.com.

Veritas’ CEO, Dr. Lui Franciosi, stated “We are pleased that Cannevert has identified a reputable producer that is focused on providing certified quality products, educating the medical community on the potential benefits of cannabis, and conducting clinical research on its products. They will enable us to get medical grade strains of interest into the clinic and scientifically evaluated against different kinds of pain.”

About Veritas Pharma Inc.

Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through its 80% owned Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Securities Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website: veritaspharmainc.com

On behalf of the Board of Directors
"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Investors Could Reap Global Rewards of Research into Medical Cannabis Science

New York, NY – November 30, 2017 – NetworkNewsWire.com News Coverage:  With cannabis set to become legal for recreational use in July 2018 in Canada, and usage of the product for medical purposes steadily rising both in Canada and worldwide, cannabis companies have ramped up their efforts to make new scientific discoveries related to the plant’s medical uses. Companies leading the quest to demonstrate the potential of cannabis in a medicinal context are Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), GW Pharmaceuticals (NASDAQ: GWPH), Canopy Growth Corp. (OTC: TWMJF) (TSX: WEED), Aphria, Inc. (OTC: APHQF) (TSX: APH) and Aurora Cannabis, Inc. (OTC: ACBFF) (TSX: ACB).

Among companies seeking to produce clinical data to validate medical marijuana claims, Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) has carved its own niche with a multi-front approach to identifying the potential of its cannabis products for ameliorating a variety of maladies, including pain, nausea, epilepsy and PTSD.

Veritas Pharma’s overarching objective is to develop and commercialize the most effective cannabis strains, backed by clinical data, thereby solving the critical need for real science to support claims surrounding medical cannabis. This approach, in combination with the company’s strategic alliances, are expected to address the medical community’s concerns over the complexities of cannabis potency, efficacy, quality and content in the nearly 800 cannabis strains currently known in the world.

One such alliance is the recently established agreement between Veritas’ 80 percent owned research arm, Cannevert Therapeutics Ltd. (“CTL”), and the Fundacion de Investigacion (“FDI”), a well-known center for pharmaceutical investigatory projects in Puerto Rico. CTL’s partnership with FDI provides the structure and resources needed to conduct the first human study of CTL-X, its lead cannabis strain targeting pain. As Veritas CEO Lui Franciosi explained, the agreement is aligned with the company’s quest to perform clinical trials to prove the efficacy of the designated lead cannabis strains and to market the clinically effective cultivars as prescription medicines in a fast-track protocol.

“We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical proof of cannabis’ effectiveness, this after our chemical and animal assays delivered favorable results. FDI is a reputable group of clinicians and clinical trialists with a long history of evaluating treatments for major pharmaceutical companies. The Puerto Ricans are becoming world leaders in investigating and selling cGMP medical cannabis and their insights will be valuable. We aim to provide physicians and patients with scientifically tested and clinically proven cannabis therapies targeting pain. In the next year, Veritas’s goal is to have a branded analgesic strain in which its dose and method of administration are standardized to actively compete with over-the-counter analgesics as well as potentially reducing or eliminating opioid use in the acute and chronic pain markets,” Franciosi stated in the news release announcing the agreement (http://nnw.fm/Bl4fn).

Further expanding its research and addressing the global need for safe and effective cancer treatments, Veritas recently hired Dr. Dimitri Petchkovski of Fibroblast Consulting to spearhead its investigation into use of Veritas’ cannabis strains in lung, prostate, colon, breast, and melanoma cancer cell lines.

In Canada alone, there were more than 200,000 new cases of cancer and nearly 81,000 cancer-related deaths in 2017, according to Canadian Cancer Statistics 2017. Despite considerable need for effective therapies, the market lacks sufficient scientific evidence to demonstrate cannabis or cannabinoids can cut the risk of cancer. While most cancer scientists focus on understanding how different cancers respond to specific compounds in cannabis, Veritas’ approach will be to quickly access more cannabis varieties, systematically profile the effects of the whole plant using various in vitro and in vivo animal models of cancer alongside standard drugs, and quickly conduct a clinical trial.

Results of Veritas’ research to-date illustrate the company’s unique place in the medical cannabis industry, propelled by its focus on the biological effect of the actual spectrum of cannabinoids as it seeks to patent and protect results-driven strains.

The company’s approach positions it among the ranks of more recognizable names in the industry, including GW Pharmaceuticals (NASDAQ: GWPH), which has taken the lead in searching for evidence of the efficacy of cannabinoid products in treating specific medical conditions. The company focuses particularly on neurological conditions, including therapeutic areas such as schizophrenia, glioma, and epilepsy. The company’s primary product candidate Epidiolex (cannabidiol) is targeted at certain rare and severe early-onset epilepsy syndromes that are resistant to current drugs. GW developed Sativex, which is the first prescription medicine derived from cannabis. The drug has been approved in more than 30 countries for use in treating spasticity caused by multiple sclerosis.

While GW Pharmaceuticals leverages a partnership with a UK-based greenhouse grower to cultivate cannabis for its Epidiolex treatment, other cannabis companies utilize crop from some of Canada’s leading licensed producers – all of which play a considerable role in the global push for cannabis-based therapies.

Canopy Growth Corp. (OTC: TWMJF) (TSX: WEED), currently the leading supplier of medical marijuana in Canada, operates a diverse collection of brands and curated strain varieties. The company has more than half a million square feet of production capacity. With the introduction of its Spectrum Cannabis Brand to the Canadian market, it has helped encourage simplification of the classification of cannabis products by using a color-guided code in relation to THC and CBD levels. This innovation is designed to help increase consumer acceptance of cannabis by making it easier for them to understand the characteristics of the product they are buying.
Aphria, Inc. (OTCQB: APHQF) (TSX: APH) is another major producer of cannabis for the Canadian market. It grows all of its product in greenhouses, helping to keep lighting costs low, making the company one of Canada’s lowest-cost producers of cannabis. Aphria recently invested in Scientus Pharma, a drug development firm which is developing drugs targeting the endocannabinoid receptors found in the body to help treat diseases of the organs, brain, and connective tissues. The company’s goal is to introduce pharmaceutical standards in manufacturing, formulations, and dosing to the medical cannabis market.

Aurora Cannabis, Inc. (OTCQX: ACBFF) (TSX: ACB) is a producer of medical marijuana for the Canadian market with a growing facility in Mountain View County, Alberta. After product recalls were announced at other Canadian cannabis producers earlier in 2017, the company took a strong stand for transparency in the industry by announcing that all products sold by the company will be accompanied by a certificate of analysis by a third-party testing laboratory. Aurora’s stated hope is that this policy will increase consumer confidence in the purity of the products the company sells.

By gathering evidence of the ability of cannabis-driven compounds to help individuals who have varied ailments and by developing new approaches to the processing and sale of the product, these companies can help the industry as a whole progress while solidifying their own positions in the industry. Veritas specifically mentions among its goals making Canada a world leader in cannabis research. The company aims to play its part in this process by discovering new cannabis cultivars for specific disease conditions, developing cultivars to set standards that can be clinically evaluated over the next two years, and becoming the leader in prescription cannabis.

Veritas hopes to become an active participant in the market for global cancer pain drugs and plans to apply for patent protection for any discoveries resulting from its research into the use of cannabinoids for this purpose. With a report from Zion Market Research projecting that the global cancer drugs market will rise to $161 billion by the end of 2021, the addressable market for cannabis-related cancer therapeutics is substantial. Veritas’ research arm has already filed for a provisional patent application from the US Patent and Trademark Office in 2017 for using a specific cannabis strain in neuropathic pain. Such pain occurs chronically with tissue and nerve fiber damage in conditions such as cancer and diabetes. The Global Neuropathic Pain Market Research Report Forecast to 2023 projects the market to reach $5.5 billion USD, making this a condition well worth targeting.

Canada’s decision to legalize the recreational use of cannabis in 2018 heralds what is expected to be continued growth of the cannabis market for medicinal use, not only in that country but worldwide as people become more comfortable with its use and as expected new discoveries of its therapeutic properties are announced.

Substantial growth in the cannabis market has occurred as a number of countries have allowed the use of the product to one extent or another, and the potential for growth in the market is high as more users become aware of the benefits of using the product for medicinal purposes and as more governments are expected to approve its use.

An August analysis of the global market for medical cannabis by Toronto-based Eight Capital forecasts a potential for CAD$180 billion (or US$142 billion) in revenues over the next 15 years. By taking steps to expand scientific knowledge concerning conditions for which cannabis can provide treatment options, companies operating in the cannabis industry have laid the groundwork for continued industry and corporate growth for many years to come.

For more information on Veritas Pharma , visit Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP)

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US Patent Office Acknowledges Provisional Patent Application for Use of Specific Cannabis Strain to Enhance Opioid Analgesia Filed by Veritas’ Research Arm Cannevert

Vancouver, B.C. - Nov. 28, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces its research arm, Cannevert Therapeutics Ltd. (“CTL”) filed a provisional patent application to US Patent and Trademark Office (the “USPTO”) on September 13, 2017 for use of a specific cannabis strain to enhance the actions of opioid analgesics. An acknowledgement letter from the USPTO was received recently which provided a filing number of US 62/558,021 for this application.

Opioids are substances that are derived from the opium poppy plant. They bind to the human body’s own opioid receptors to provide pain relief or ‘analgesia’ for patients with acute or chronic pain when prescribed legally; morphine is an example opioid analgesic. Use of these drugs for a brief time is considered safe for pain management. However, when they are overprescribed and/or frequently misused, they produce a sense of euphoria along with relieving pain. Hence, drug dependence can occur despite using them as prescribed over prolonged periods with the potential of fatal overdose. Opioid overdose contributed to more than 33,000 deaths in 2015 according to US Centers for Disease Control and Prevention. Heroin and fentanyl are the most widely known opioids for their illegal, recreational use, abuse potential and fatal overdoses. Cannabis contains substances called cannabinoids that appear to bind to human body’s own cannabinoid receptors to also produce similar effects to those of the body’s opioids in mediating analgesia and behavioral effects. However, they do not have the same drug dependence or overdose potential. When cannabinoids and opioids are combined, they appear to augment each other’s effects synergistically. Therefore, the combination may allow for opioids to be used at lower doses with fewer side effects for the treatment of pain and related addiction. According Coherent Market Insights*, the global opioids market was approximately USD $17b in 2015 and is forecasted to moderately increase to near USD $26b in 2024. It indicates that legal cannabis is expected to impact the opioids market growth as it gets adopted as a safe alternative pain relieving therapy to opioids and it is increasingly being used to address related addiction. According to the World Drug Report 2016, approximately 17 million people suffered from opioid drug abuse.

Veritas CEO, Dr. Lui Franciosi stated, “We are pleased with Cannevert’s latest submission to protect its discovery of a cannabis strain that could potentially reduce the dose and side effects of clinically used opioids while maintaining a good pain relieving effect for patients.” Dr. Franciosi goes on to say, “This strain could be also potentially useful in addressing the current fentanyl crisis throughout North America. If we’re targeting pain or opioid addiction, we want to deliver a scientifically tested, standardized product that clinicians can rely upon.”

Also, to note, the Company will be issuing 1.1 million stock options based on today’s closing price of CAN$0.81 cents.

*Global Opioids Agonist Drugs Market, By Product Type (Codeine, Fentanyl, Meperidine, Methadone, Morphine, Hydrocodone), Therapeutic Application (Pain Management, Cough Treatment, Diarrhea Treatment), and Geography - Trends, Analysis and Forecast till 2024 (Market Report – March 2017)
https://www.coherentmarketinsights.com/market-insight/opioids-market-135

About Veritas Pharma Inc.
Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through its 80% owned Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.
For more information, please visit our website: www.veritaspharmainc.com   

On behalf of the Board of Directors

"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

________________________________________________
Recent Veritas Pharma News:
 

Veritas’ Research Arm Cannevert Therapeutics Signs
Letter of Intent with Fundación de Investigación (FDI) of Puerto Rico USA to Begin Human Trials of
Its Lead Cannabis Strain for Pain

Vancouver, B.C. - Nov. 20, 2017 – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces that its research arm, Cannevert Therapeutics Ltd. ("CTL") has signed a letter of intent with the Fundación de Investigación (FDI) in San Juan, Puerto Rico, to conduct the first human study of CTL-X, its lead cannabis strain targeting pain.

The study will be done in two stages to assess the analgesic effects of this lead strain. The first stage will have an open label design to look at the feasibility of two doses of CTL-X in 5 subjects while the second stage will use a randomized, double-blind, crossover design to assess one dose of CTL-X against a placebo control strain in 16 subjects who will be exposed to various modalities of acute pain.

Veritas’s CEO Lui Franciosi stated, “We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical proof of cannabis’ effectiveness, this after our chemical and animal assays delivered favorable results. FDI is a reputable group of clinicians and clinical trialists with a long history of evaluating treatments for major pharmaceutical companies. The Puerto Ricans are becoming world leaders in investigating and selling cGMP medical cannabis and their insights will be valuable. We aim to provide physicians and patients with scientifically tested and clinically proven cannabis therapies targeting pain. In the next year, Veritas’s goal is to have a branded analgesic strain in which its dose and method of administration are standardized to actively compete with over-the-counter analgesics as well as potentially reducing or eliminating opioid use in the acute and chronic pain markets.”

Puerto Rico is one of the world’s best known pharmaceutical production and development centers with a growing biotech presence. Most of the biggest pharmaceutical companies have used this US territory as a manufacturing or outsourcing base due to its established infrastructure, highly skilled labour force, popular tax incentives, and immediate access to the US market. Around 60% of Puerto Rico’s export value is pharma-related and over 25% of the country’s GDP comes from the pharma industry (Puerto Rico Report, 2017). In 2015, the territory legalized the use of medical cannabis to treat at least 14 pre-approved conditions including pain, HIV, cancer, multiple sclerosis, migraines, anxiety and epilepsy. According to the popular online magazine The Cannabist, there are nearly 9,000 Puerto Ricans who have paid $25 USD a year for a permit to use medical cannabis, 27 dispensaries, 11 grow facilities, five manufacturing centers and two laboratories responsible for analyzing all medical marijuana before it’s sold (The Cannabist, 2017).


About Veritas Pharma Inc.
Veritas Pharma Inc. is an emerging pharmaceutical and IP development company, who, through its 80% owned subsidiary Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company’s aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.
For more information, please visit our website: veritaspharmainc.com

About Fundación de Investigación (FDI).
It is a clinical research center located in San Juan, Puerto Rico, USA with state-of-the-art facilities that comprise medical treatment for multiple conditions, a 30-bed phase I unit, an in-house bioanalytical laboratory, multispecialty experienced personnel, and the latest in medical technology. They are also an active medical care facility for patients with diverse medical ailments.

For more information about FDI, please visit: http://www.fundaciondeinvestigacion.com/

On behalf of the Board of Directors

"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Veritas and Cannevert Hires the Essèntium Group as Their Agent in Puerto Rico USA

Vancouver, B.C. - Nov. 13, 2017 – Veritas Pharma Inc. (CSE:VRT) (OTC:VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces that the Company through its research arm, Cannevert Therapeutics Ltd. ("CTL") has hired the Essèntium Group LLC, a leading consulting firm, as their agent to provide advice on clinical investigators and licensed medical cannabis producers to assist in the implementation of a clinical trial of a cannabis strain in the US territory of Puerto Rico.

Veritas CEO, Dr. Lui Franciosi stated, “We are pleased to have this group help us with our mission of establishing the therapeutic potential of Cannevert’s cannabis strains. Although the people of Puerto Rico have endured a significant weather event this past September, they have demonstrated a will to immediately rebuild for the better. Over the years, this territory has been an active player within pharmaceutical industry with an abundance of expertise and infrastructure that Veritas will take advantage.” Dr. Franciosi goes on to say, “They have numerous licensed producers of medical cannabis with whole new varieties that are of great interest to us.”

Puerto Rico is one of the world’s best known pharmaceutical production and development centers with a growing biotech presence. Most of the biggest pharmaceutical companies have used this US territory as a manufacturing or outsourcing base due to its established infrastructure, highly skilled labour force, popular tax incentives, and immediate access to the US market. Around 60% of Puerto Rico’s export value is pharma-related and over 25% of the country’s GDP comes from the pharma industry (Puerto Rico Report, 2017). In 2015, the territory legalized the use of medical cannabis to treat at least 14 pre-approved conditions including pain, HIV, cancer, multiple sclerosis, migraines, anxiety and epilepsy. According to the popular online magazine The Cannabist, there are nearly 9,000 Puerto Ricans who have paid $25 USD a year for a permit to use medical cannabis, 27 dispensaries, 11 grow facilities, five manufacturing centers and two laboratories responsible for analyzing all medical marijuana before it’s sold (The Cannabist, 2017).

About Veritas Pharma Inc.Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website: veritaspharmainc.com

About the Essentium Group LLC.
Essentium Group is a full-service consulting firm that specializes in Regulatory Compliance, Government Affairs and Business Development. Since 2009, they have provided clients, in the public and private sectors tactical advice needed to reach their objectives. Their vast experience in highly regulated industries and the compliance know-how make the critical difference.

Their achievements include:

2015 Cannabis Business Award. Denver, Colorado.
Puerto Rico Department of Economic Development (DDEC) Certified Tax Incentive Promoter.
16 out of 16 Grower Pre-qualifications approved.
15 out 15 Growers Licenses approved.
15 out 15 Dispensary Pre-qualifications approved.
As of 2017, 5 Dispensary Licenses approved.
8 Dispensary Licenses still in Approval process.

For more information about the Essentium Group, please visit: https://www.essentium.net

On behalf of the Board of Directors
"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Veritas Pharma Announces Stock Option Grant

Vancouver, B.C. - Nov. 10, 2017 – Veritas Pharma Inc. (CSE:VRT) (OTC:VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) an emerging discovery and IP development company, announces that it has issued 1,300,000 options to consultants of the Company under the stock option plan at an exercise price of $0.44 for a period of 1 year from the date of the grant.

About Veritas Pharma Inc.

Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL's unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL's IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website:www.veritaspharmainc.com

On behalf of the Board of Directors; Veritas Pharma Inc.
"Dr. Lui Franciosi"
Dr. Lui Franciosi
Chief Executive Officer

Further information about the Company is available on our website atwww.veritaspharmainc.comor under our profile on SEDAR atwww.sedar.comand on the CSE website atwww.thecse.com

Investor and Public Relations Contact

Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email:ir@veritaspharmainc.com
Website:www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

A Provisional Patent Application for Use of Specific Cannabis Strain in Neuropathic Pain Filed With the US Patent Office

Vancouver, B.C. - Nov. 7, 2017 – Veritas Pharma Inc. (CSE:VRT) (OTC:VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces that its research arm, Cannevert Therapeutics Ltd. ("CTL") filed a provisional patent application to US Patent and Trademark Office (the “USPTO”) on September 13, 2017 for use of a specific cannabis strain in neuropathic pain. An acknowledgement letter from the USPTO was received recently which provided a filing number of US 62/558,066 for this application.

Neuropathic pain is a chronic pain associated with tissue and nerve fiber damage in conditions such as cancer and diabetes, and it is normally treated with anticonvulsants, antidepressants, anesthetics, and steroids. In 2017, the Global Neuropathic Pain Market Research Report Forecast to 2023 is estimated to be $5.5 billion USD and it is expected to grow to $8.1 billion USD in 2023*. The applicants have demonstrated effectiveness of a strain in a pain situation that is normally refractory to treatment with conventional analgesics.

Veritas CEO, Dr. Lui Franciosi stated, “We want to compete in this large market and this patent application is an important research step as part of establishing a patent estate for Cannevert’s cannabis strains with therapeutic potential in pain.”

From the Canadian perspective, the current total market for cannabis is $5 billion CAD of which some 20% is medical (CIBC World Markets, 2016**). With Cannevert’s research, Veritas intends to penetrate 2% of this market over the next 5 years. This would be in the range of $20 million gross with a net profit margin of 30% indicating earnings of $6 million per annum with sales starting in 2018.

*Global Neuropathic Pain Market Research Report Forecast to 2023. Neuropathic Pain Market Research Report

**CIBC World Markets. (2016, January 28). Growing Their Own Revenue: The Fiscal Impacts of Cannabis Legalization. Retrieved April 20, 2016, from Economic Insights.

About Veritas Pharma Inc.

Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL’s unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL’s IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.
For more information, please visit our website: veritaspharmainc.com

On behalf of the Board of Directors

"Dr. Lui Franciosi"
Dr. Lui Franciosi
President and Chief Executive Officer

Further information about the Company is available on our website at www.veritaspharmainc.com or under our profile on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@veritaspharmainc.com
Website: www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

Veritas-Cannevert Hires Medrio As The Data Collection Solutions Provider For Upcoming Clinical Trials In Pain

Vancouver, B.C. - October 24, 2017 – Veritas Pharma Inc. (CSE:VRT) (OTC:VRTHF) (“VRT” or the “Company”) (Frankfurt:2VP) (“Veritas” or the “Company”) announces that its research arm, Cannevert Therapeutics Ltd. ("CTL") has hired Medrio Inc. of San Francisco, CA, to provide a data collection through their revolutionary CloudEDC(TM) technology platform for upcoming clinical trials of its cannabis strains in pain management.

Dr. Lui Franciosi, Veritas Pharma CEO, stated, "This data collection solution will enable us to efficiently collect clinical data in real time for immediate statistical analysis when our pain studies are completed." Veritas' priority is to target its strains for chronic pain, in particular cancer pain which has a market of $2.9 billion USD in global drug sales (2015*) and opioids make up 43% of the prescriptions for this use. Dr. Franciosi goes on to say. "If our clinical trials scientifically demonstrate that our strains are analgesic in cancer patients as well as potentially able to reduce opioid use and related side effects**, we will definitely have the attention of physicians who seek evidence on using the best cannabis strains in this market."

The current total Canadian market for cannabis is $5 billion CAD of which some 20% is medical (CIBC World Markets, 2016***). With Cannevert's research, Veritas intends to penetrate 2% of this market over the next 5 years. This would be in the range of $20 million gross with a net profit margin of 30% indicating earnings of $6 million per annum with sales starting in 2018.

*Amadee + Company (2015) - "Prescription Pain Drugs Including Opioid, Anticonvulsant, Injectable/Inhaled, Topical/Transdermal, Medical Marijuana"

**Recreational Cannabis Legalization and Opioid-Related Deaths in Colorado,2000-2015(2017,

October 11) Retrieved, American Journal of Public Health.

***CIBC World Markets. (2016, January 28).Growing Their Own Revenue: The Fiscal Impacts of Cannabis Legalization. Retrieved April 20, 2016, from Economic Insights.

About Medrio Inc.

Medrio offers eClinical solutions equipped with CloudEDC(TM) technology platform that reduces costs and timelines in clinical research, accelerating the market arrival of life-saving medical products and facilitating a greater industry-wide output of clinical trials. Medrio's cloud-based EDC and eSource products are crafted with particular sensitivity to the needs of researchers operating outside of large pharma Phase III, which currently attracts much of the attention from major industry players. Users can use a simple drag-and-drop interface to build studies in days instead of weeks, and enjoy access to a customer support team that knows their names, answers their calls, and is backed by a top-tier customer satisfaction rating. Medrio is the EDC industry's momentum leader, outgrowing the industry by a factor of 4 and the Phase 1 study market by a factor of 11. Medrio has served over 3,000 clinical trials conducted in all phases and therapeutic areas and submitted to all major regulatory bodies across the globe. For more information, or to schedule an online demonstration or request a free trial, please visitwww.medrio.com.

About Veritas Pharma Inc.

Veritas Pharma Inc. is an emerging-stage pharmaceutical and IP development company, who, through Cannevert Therapeutics Ltd. ("CTL"), is advancing the science behind medical cannabis. It is the Company aim, through its investment in CTL, to develop the most effective cannabis strains (cultivars) specific to pain, nausea, epilepsy and PTSD, solving the critical need for clinical data to support medical marijuana claims. CTL's unique value proposition uses a low-cost research and development model to help drive shareholder value, and speed-to-market. Veritas investment in CTL is led by strong management team, bringing together veteran academic pharmacologists, anesthetists & chemists. The company's commercial mission is to patent protect CTL's IP (cultivars & strains) and sell or license to cancer clinics, insurance industry and pharma, targeting multi-billion dollar global markets.

Veritas Pharma Inc. is a publicly traded company which trades in three countries including Canada, on the Canadian Stock Exchange under the ticker VRT; in the United States, on the OTC under the ticker VRTHF; and in Germany, on the Frankfurt exchange under the ticker 2VP.

For more information, please visit our website:veritaspharmainc.com

On behalf of the Board of Directors
Veritas Pharma Inc.
"Dr. Lui Franciosi"
Dr. Lui Franciosi

President and Chief Executive Officer

Further information about the Company is available on our website atwww.veritaspharmainc.comor under our profile on SEDAR atwww.sedar.comand on the CSE website atwww.thecse.com.

Investor and Public Relations Contact
Veritas Pharma Inc.
Sam Eskandari
Telephone: +1.416.918.6785
Email:ir@veritaspharmainc.com
Website:www.veritaspharmainc.com

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Source: Veritas Pharma Inc.

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About Veritas Pharma

In an industry projected to have substantial growth within next few years, Veritas is among the first to apply a comprehensive scientific approach behind medical marijuana claims. Our mission is to develop the most effective proprietary cannabis strains for specific disease conditions, and to provide doctors and patients with conclusive scientific evidence to recommend and use medical marijuana with confidence.


Veritas Approach

Veritas Pharma is led by a strong management and a renowned team of scientists to address the critical need for real science to support medical marijuana claims. Our mission is to develop and commercialize the most effective cannabis strains. Veritas Cannabis clinical development pipeline include:

Chronic Pain (e.g. cancer pain)
Nausea & Vomiting
Muscle Spasms
Epilepsy
Post-Traumatic Stress Disorder (PTSD)



The Market

As public perception and patient preference continues to trend positively towards the medical use of marijuana, many analyst believe that the currently $2.9bn industry* is on the verge of rapid growth. This projected growth is further assisted by the continued liberalization of cannabis laws at the national and state levels within North America. Canada has a national medical cannabis program and a newly elected prime minister who has stated his intents on legalizing recreational use of cannabis. In the United States, 39 states have legalized cannabis in some form for recreational or medicinal use in the United States thus far, despite Cannabis being federally classified as a schedule 1 substance under the Controlled Substances Act.


Veritas’ immediate aim is to develop cannabis strains that specifically target cancer pain and nausea. Currently, cancer pain is the largest segment of the opioid market. However, with the increasing public concern over the continued use of opioids for pain treatment a trend towards alternative treatments is expected.

Our Research and development approach

Veritas innovative research and development approach aims to solve the critical need for real science to support claims surrounding medical marijuana. Our scientific approach combined with our strategic alliances intends to effectively address the concerns over the medical industry’s varied output in content and quality, potency and efficacy.

Three-pronged Approach to Research and Development:

First, we aim to chemically profile different marijuana cultivars.

Subsequently, those same cultivars will pharmacologically be profiled in the search for disease specific strains.

Finally, we aim to perform clinical trials to establish the clinical utility of each cultivar.

This unique approach has the advantage of being low cost, and allows for faster market entry, providing doctors and patients with conclusive scientific evidence to recommend and use our proprietary medical cannabis strains with confidence. Similarly, the presence of conclusive scientific evidence could potentially develop the platform allowing coverage through medical insurance providers.

Medicinal Cannabis Industry Approach

The medicinal cannabis industry currently consists of either medical marijuana producers or the traditional pharmaceutical approach. The pharmaceutical approach traditionally involves the study of individual cannabinoids as target molecules for drug discovery. This approach has generally proven to be both costly and time consuming. The rapidly growing medical marijuana industry on the other hand commonly develops inconsistent products as pharmaceutical grade quality assurance/quality control (QA/QC) is not present. Additionally, these products lack solid scientific proof of effectiveness.
Veritas’ Approach

Veritas innovative research and development approach aims to solve the critical need for real science to support claims surrounding medical marijuana. Our scientific approach combined with our strategic alliances intends to effectively address the concerns over the medical industry’s varied output in content and quality, potency and efficacy.

Veritas has developed a three-pronged approach to research and development:

First, we aim to chemically profile different marijuana cultivars.
Subsequently, those same cultivars will pharmacologically be profiled in the search for disease-specific strains.
Finally, we aim to perform clinical trials to establish the clinical utility of each cultivar.

This unique approach has the advantage of being low cost, and allows for faster market entry, providing doctors and patients with conclusive scientific evidence to recommend and use medical marijuana with confidence. Similarly, the presence of conclusive scientific evidence could potentially develop the platform allowing coverage through medical insurance providers.

Management:


Dr. Lui Franciosi, PhD

Chief Executive Officer

Dr. Franciosi has more than 20 years of experience conducting pharmaceutical and medical device studies in academia and industry. Previously, he acted as the Chief Operating Officer at Verona Pharma PLC, London Stock Exchange (AIM: VRP). Prior to Verona Pharma, Dr. Franciosi completed his post-doctoral research in COPD progression modeling at the Clinical Pharmacology & Discovery Medicine Unit, GlaxoSmithKline, UK. He obtained his Doctorate & Masters degrees at The University of British Columbia (UBC), Canada – and pursued business studies at the University of Warwick, UK. He is currently an adjunct professor at UBC Faculty of Medicine, Department of Anesthesiology, Pharmacology & Therapeutics.


David Alexander, CPA /CA

Chief Financial Officer

Mr. Alexander holds a Bachelor of Commerce in Finance from The University of British Columbia. His past achievements include; CFO of Arakis Energy Corporation, an international oil and gas development company, and managed the company’s growth from startup to over a billion dollars in assets, leading to a listing on the NASDAQ market. Arakis was subsequently sold to Talisman Energy. David was also CFO of Nortran Pharmaceuticals, Inc., a UBC based pharmaceutical company engaged in the development and commercialization of cardiovascular therapies. While at Nortran, David helped secure initial and ongoing research financing. Nortran ultimately became Cardiome Pharma, a successful Vancouver B.C. based pharmaceutical company (Nasdaq: CRME).

Scientific Team

Dr. Michael J. A. Walker

Michael Walker PhD received training in pharmacology at the University of London UK. This included a period of drug discovery research at Pfizer Ltd. UK. He also received a PhD from London after initial studies in Hong Kong. His main interest has always been the discovery of drugs (whether naturally occurring or not) and in the process of drug discovery itself. His research commitment was always academically based and in addition to over 40 years at UBC has contributed to various universities around the World.

A love of drug discovery has meant a commitment which has strengthened over the last 25 years, to drug discovery, creating biotech companies, and leading searches for new drugs. Altogether, he has been the founder or co-founder of 8 different drug discovery companies, both private and public. Public companies include Cardiome Pharma (TSX:COM) in Canada, and Verona Pharma Ltd in London (AIM:VRP), UK. Private companies were founded principally for drug discovery purposes, but also include a contract research organization (Pneumolabs UK Ltd.). In addition, he has been a director on other companies with the most recent of which, IOMet was recently acquired by a large pharma company. Such activity has not impeded academic research activities that have resulted in many publications, conference presentations, lectures and a large collection of patents.

His driving force has always been drug discovery. Most recently this has led to the foundation of Cannevert Therapeutics Ltd.; a company designed to create, and inact, a coherent and rational attempt to insert strict scientific rigour into the rational and proper therapeutic use of cannabis, and its constituent cannabinoid molecules, as opposed to uses based upon anecdotes, presumptions and profit-seeking.

Corporate Information

In an industry projected to have substantial growth within next few years, Veritas is among the first to apply a comprehensive scientific approach behind medical marijuana claims. Our mission is to develop the most effective cannabis strains for specific disease conditions, and to provide doctors and patients with conclusive scientific evidence to recommend and use medical marijuana with confidence.


Veritas Pharma is currently publicly traded in three countries

Canada
CSE: VRT

U.S.
OTC: VRTHF

Germany
FRT: 2VP

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