On October 8, 2013, Pivot announced that it entered into a contract manufacturing and supply agreement with F & B Cosmetics, which governs the manufacture of Pivot’s diversified portfolio of CBD wellness products in the United States. F & B Cosmetics is a full-service, FDA-registered premium product manufacturer based in Tennessee, serving some of the largest cosmetics companies in the world.
The ultimate goal of Pivot is to position itself as the leader in the field of phytocannabinoids in the medical wellness sector and to offer its clients a comprehensive range of scientifically proven solutions for prevention and self-care. The patented technologies enable targeted processing of cannabinoids and their integration into countless products. This results, among other things, in a higher dosage accuracy, a much faster, cheaper and more accurate manufacturing process and a significant increase in bioavailability in humans!
We see the US launch as a true milestone in the history of the company and expect the stock to dynamically break out of its downtrend in the near future!
Pivot Pharma enters US CBD market with its proprietary CBD product line
VANCOUVER, Oct. 8, 2019 /CNW/ – Pivot Pharmaceuticals Inc. (CSE: PVOT/ OTCQB: PVOTF/ FRA: NPAT) has entered into a contract manufacturing and supply agreement with F&B Cosmetics to manufacture Pivot’s differentiated portfolio of CBD based wellness products in the United States
Pivot will enter the US market in Q1 2020 with its differentiated CBD based products using Pivot’s patented technologies. Pivot recognizes the importance of creating a market leading brand and Pivot is actively working with Joseph Mimran & Associates to brand and market the Pivot products in North America.
Pivot’s ultimate goal is to be a market leader in the emerging phytocannabinoids medical wellness market offering comprehensive science based solutions of preventive and self-care treatment to our customers.
“Pivot’s future lies in the successful launch of its differentiated CBD product line using Pivot’s patented technologies along with customer acceptance of its superior and proprietary phytocannabinoids products,” said Dr. Rinow, CEO of Pivot. “With our team of scientists Pivot is focused on the development of value-added CBD and nutraceutical products. Pivot also embraces the ethical responsibility of offering high quality, premium branded products. Pivot’s superior products when combined with the branding created by Joseph Mimran & Associates positions Pivot to create a portfolio of world class phytocannabanoid products in the US, Europe and Canada.”
About F&B Cosmetics
F&B Cosmetics is a full service FDA registered, cGMP compliant contract manufacturer of premium products from its 125,000 square feet state of the art facility. Based in Tennessee. F&B is servicing some of the largest cosmetic companies in the world.
About Pivot Pharmaceuticals Inc.
Pivot Pharmaceuticals Inc. is a science-based innovative medical wellness company aspiring to offer high quality preventive and self-care solutions to its customers. Pivot has developed pharmaceutical grade products including CBD, phytocannabinoids and nutraceutical products utilizing proprietary delivery technologies that are unique, patent protected with clear superior benefits to the user such as high absorption, low bioburden and ease of use. Pivot is uniquely positioned to execute on its brand leader strategy in its main markets in Germany, US and Canada.