“Britannia” is happy to announce that it has signed a Master Services Agreement (“Agreement”) with Remediation Sciences and Technology PPLC (“RCT”) to supply compliant cannabis components to the UK and European markets.
“We’re pleased to work with RST to provide high-quality cannabis products at affordable prices to the UK and European markets,” said Peter Shippen, CEO of Britannia. “The capacity to acquire a constant supply of validated ingredients is essential to the UK market’s sustained growth and is a key component of Britannia’s market strategy. By delivering validated and approved ingredients with our existing formulation, testing and regulatory compliance services, Britannia will be able to provide entire product development solutions to its customers.”
The Association for the Cannabinoid Industry (ACI) claims that the UK has ‘improbably’ overtaken the US as the world’s second-largest consumer cannabinoid market, with £690 million in sales in 2021, spending more on cannabis extracts than vitamin B and C combined.
After the designation of CBD by the Food Safety Authority as a “Novel Food,” a rigorous clearance process was put in place for all components and finished products, helping the UK move on its way to becoming the world’s foremost regulated CBD market.
“RST welcomes this collaboration with Britannia to expand our presence in the UK and Europe. Our premium ingredients complement Britannia’s service offerings and expertise in cannabinoid product formulations,” said Lawrence Hourihan, CEO, Remediation Sciences & Technology.
Regarding Britannia Life Sciences Inc.
Britannia Life Sciences is a vertically integrated product development, quality assurance, and safety & regulatory compliance firm that works with clients in the consumer packaged goods, cosmetics, household goods, and nutraceutical industries. The company has extensive experience in the regulatory approval and development of edible and topical cannabis products, as well as the production and support of new food approvals.
Regarding Remediation Sciences & Technology PLLC
Remediation Sciences & Technology (RST) is a supplier of specialized cannabis compounds to businesses. The environmental impact of refining oils to eliminate undesirable cannabinoids is considerably reduced by the Company’s unique solventless remediation technology. RST provides a broad range of services, including, in addition to its remediation expertise.