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SōRSE Enters Brewing Industry in Partnership with Yakima Chief Hops

SōRSE Technology Enters Brewing Industry with New Product Offering Made in Partnership with Yakima Chief Hops
  • SōRSE Technology enters the brewing industry with Yakima Chief Hemp, a sub-entity of Yakima Chief Hops. 
  • New Water-Soluble CBD Distillate by Yakima Chief Hemp Powered by SōRSE is available for purchase. 

Seattle, Washington—July 20, 2021— SōRSE Technology, the leading water-soluble emulsion provider for infused CPG brands, in partnership with Yakima Chief Hops, the leading 100% grower-owned hop supplier, announced today its newest product offering for brewers, Water-Soluble CBD Distillate.  

With more than six generations of commercial farming knowledge, the Yakima Chief Hemp growers cultivate their hemp with the same quality best practices and consistency as their hops, due in part to the similarities between hops and hemp plants. Operating for more than 20 years, the hemp is processed using YCH’s extract facility under the same internationally recognized quality standards as their hop products. Using its patent-pending technology, SōRSE Technology has converted the distillate into a water-soluble 3% emulsion for seamless integration into functional beverages for the growing Beyond Beer sector.  

Yakima Chief Hemp’s Water-Soluble CBD Distillate is classified as broad spectrum and contains an array of minor cannabinoids, terpenes, and essential oils, which contributes to the product’s superior flavor profile. The new product offering allows brewers to expand their product line with CBD-enhanced beverages utilizing a one-step, “drop and go” solution directly into the brewing process. The CBD solution offers accurate dosing, a refreshing and enjoyable taste — and it’s available at scale. Water-Soluble CBD Distillate is available for product evaluation and purchase through Yakima Chief Hemp. 

Yakima Chief Sales & Marketing Officer, Bryan Pierce, said, “On behalf of Yakima Chief Hemp, we are thrilled to be working alongside SōRSE to supply brewers with even more solutions for creating new and exciting beer styles. We know the beer industry thrives on innovation, and it is our goal to continue providing brewers with quality ingredients that allow them to continue expressing their creativity and talent. We look forward to building on this partnership with SōRSE as they work to provide the brewing community with leading Water-Soluble CBD distillate.” 

 SōRSE VP of Brewery Product Lines, Lee-Ann Loser, commented, “SōRSE is excited to partner with Yakima Chief Hemp, a clear leader in providing quality ingredients for the craft beer industry, and introduce a superior Water-Soluble CBD distillate to brewers. As the Beyond Beer category grows and hemp continues to gain interest, SōRSE and Yakima Chief Hemp are now able to bring hemp from their fields to brewers in a format that makes building out a beverage portfolio quick and easy. This product release marks the beginning of a greater journey for SōRSE working with brewers and a sneak peek of what we have to offer the beer industry.” 

Contact Yakima Chief Hemp today at hemp@yakimachief.com to order your water-soluble CBD distillate. For early adopters interested in learning more about SōRSE brewery product lines, contact SōRSE for pre-release offerings before more products launch at the Craft Brewers Conference in September. 

About Yakima Chief Hemp 

Yakima Chief Hemp is a sub-entity of Yakima Chief Hops and 100% grower-owned hemp supplier, processing and supplying extract for the hemp and CBD industries. Due to the similarities between hops and hemp, YCH and their network of hemp growers are able to grow and process hemp using six generations of farming knowledge and more than 20 years of extract production experience. Together they approach hemp production with the same quality and environmental standards as their industry leading hop products used in breweries throughout the globe. Through Yakima Chief Hemp, they continue their mission of connecting brewers with the family farms of the Pacific Northwest.  

About SōRSE Technology 

SōRSE Technology is the leading water-soluble emulsion technology for infusing functional ingredients into beverages, food items, nutraceuticals, and personal care products. SōRSE is designed for product developers to make oil-based functional ingredients water-soluble for seamless integration and increased efficacy, while also providing the consumer with a consistent, safe, and enjoyable experience. With an R&D and operations team of over 30 employees, SōRSE powers more than 100 leading products including Cann, Mad Tasty, and Major.  SōRSE Technology is available in North America, South America, Australia, Europe, and Asia.  

Follow SōRSE to stay up to date with product announcements and event details at www.sorsetech.com or email info@sorsetech.com for more information. 

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Benzinga: SōRSE Insights on Mexico’s Supreme Court Cannabis Ruling

LATAM

In an important step towards national legalization, Mexico’s Supreme Court voted down the country’s cannabis prohibition laws last week. This allows citizens legal access to cannabis through adult use permits and cultivation.

Our VP of Latin America, Felipe Sanchez commented that when cannabis is legalized in Mexico, “SōRSE is looking into meeting the demand for cannabis products in verticals ranging from cosmetics and topicals to edibles and pet products.”

Read more about the significance of the Supreme Court decision in Benzinga’s article.

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SōRSE Signs MOU with Vext Science to Sell Major Cannabis Beverages in Arizona

Major powered by SoRSE
  • MAJOR was the top selling cannabis beverage brand in the U.S. during Q1 20211

VANCOUVER, BC, July 6, 2021 /CNW/ – Vext Science, Inc. (“Vext” or the “Company”) (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand leader based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation and marketing to build a profitable multi-state footprint, today announced that it has signed a Memorandum of Understanding (“MOU”) with SōRSE Technology Corp. (“SōRSE”) to exclusively produce and sell SōRSE’s MAJOR cannabis-infused beverages in Arizona. SōRSE is a leader in water-soluble emulsion technology for integrating functional ingredients into commercially available consumer packaged goods. Vext expects to begin selling MAJOR beverages in August 2021.

Eric Offenberger, CEO of Vext commented, “SōRSE’s proprietary infusion technology and know-how, powers some of the top cannabis beverage brands in the U.S. today and we are excited to announce this deal to bring MAJOR beverages – produced and sold by Vapen – to consumers in Arizona. Our in-house Vapen brand is consistently one of the top brands in Arizona, with prominent placement in both our operated Phoenix dispensaries, as well as the vast majority of third-party dispensaries in the state. Beverages are a key growth segment, and will round-out Vapen’s offering of concentrates, extracts, edibles, vapes, topicals and tinctures.”

MAJOR is designed as a high dose THC beverage that delivers a consistent and enjoyable cannabis experience with no cannabis taste or smell. MAJOR is available in five flavours: Orange Mango, Pink Lemonade, Blue Raspberry, Passion Fruit, and Grape. MAJOR beverages are offered in 200ml serving sizes, with 100mg of THC. Data from Headset recently found that MAJOR was the top selling cannabis beverage brand in the U.S. during Q1 20211.

Under the MOU, SōRSE will provide all know how and formulations for the creation of MAJOR 100mg THC cannabis-infused beverages, and Vext will provide licensed space for the production and storage of products, and produce beverages for sale. Vext will pay an initial royalty of US$100,000 upon the signing of a final agreement, pay a fixed price for SōRSE emulsion, and pay a fixed price per unit produced, to SōRSE. Vext may also choose to manufacture SōRSE’s other existing formulations and/or use SōRSE emulsions to develop additional products under the Vapen brand, for which it will pay SōRSE a royalty.

For more details, visit VEXT’s investor website or contact the IR team at investors@vextscience.com.

About VEXT Science, Inc.

Vext Science, Inc. is a US-based Cannabis THC and Hemp cannabinoid products company manufacturing THC cartridges, concentrates, edibles and accessories under the Vapen™ Brand, and Hemp based products under the Pure Touch Botanicals brand as well as the Vapen CBD brand. Based in Arizona, Vext Science, Inc. has one of the leading THC concentrates, edibles, and distillate cartridge brands sold in most of the state’s 100+ dispensaries. Herbal Wellness Center is one of Arizona’s leading dispensaries and we execute all aspects of the cultivation, extraction, edibles infusion and manufacturing processes which insures a product of the highest quality and purity. Product quality and purity are core to our marketing strategy. Vext Science, Inc. is executing its business growth by leveraging experience and expertise in extractions, product manufacturing, and marketing to expand in the U.S. through revenue and profit-sharing joint venture partnerships. For more information visit our website at www.VextScience.com.

For more details on the Vapen brand:
Vapen website: VapenBrands.com
Instagram: @vapen
Facebook: @vapenclear

About SōRSE Technology

SōRSE Technology is the leading water-soluble emulsion technology designed for producers to provide consumers with an enjoyable, consistent cannabis experience with accurate dosing, stability, and safe ingredients. Our patent-pending technology converts oil into SōRSE, a water-soluble emulsion, for seamless integration as an ingredient in a beverages, food, or personal care products.

In addition to their water-soluble emulsion solutions for clients’ product development, SōRSE partners with licensed producers to manufacture and distribute SōRSE’s top-selling, proven in market THC-infused brands for quick commercialization. Products powered by SōRSE are currently available for license under THC Essentials – https://thcessentials.com/.

For more information, visit www.sorsetech.com.

COVID-19 Risk Factor

VEXT may be impacted by business interruptions resulting from pandemics and public health emergencies, including those related to COVID-19. An outbreak of infectious disease, a pandemic, or a similar public health threat, such as the recent outbreak of COVID-19, or a fear of any of the foregoing, could adversely impact VEXT by causing operating, manufacturing, supply chain, and project development delays and disruptions, labor shortages, travel, and shipping disruption and shutdowns (including as a result of government regulation and prevention measures). It is unknown whether and how VEXT may be affected if such a pandemic persists for an extended period of time, including as a result of the waiver of regulatory requirements or the implementation of emergency regulations to which VEXT is subject. Although VEXT has been deemed essential and/or has been permitted to continue operating its facilities in the states in which it operates during the pendency of the COVID-19 pandemic, there is no assurance that the Company’s operations will continue to be deemed essential and/or will continue to be permitted to operate. VEXT may incur expenses or delays relating to such events outside of its control, which could have a material adverse impact on its business, operating results, financial condition and the trading price of the Company’s Common Shares.

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in VEXT’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should, on track” and similar expressions, are forward- looking statements.

Forward-looking statements may include, without limitation, statements related COVID-19, to future developments and the business and operations of VEXT, the Company’s market position in the State of Arizona, the timeline for Vext to begin selling MAJOR and the Company’s financial results, and of which are subject to the risk factors contained in Vext’s continuous disclosure filed on SEDAR.

Although VEXT has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; being engaged in activities currently considered illegal under U.S. Federal laws; change in laws; reliance on management; requirements for additional financing; competition; hindered market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. Because of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward- looking statements in this news release are made as of the date of this release. VEXT disclaims any intention or obligation to update or revise such information, except as required by applicable law, and VEXT does not assume any liability for disclosure relating to any other company mentioned herein.

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Eric Offenberger
Chief Executive Officer
844-211-3725

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SōRSE Employee Spotlight: Tim O’Neill

Tim O'Neill SoRSE Tech

Meet Tim O’Neill, VP of International Markets, who joined the SōRSE team in 2019 after serving as an officer in the British Army for ten years, where he took on a broad range of roles, from policy to counter-insurgency operations. Tim leads SoRSE’s international business development and is responsible for creating strategy for global expansion and building relationships with clients in Canada, Europe, Africa, the Middle East, and Asia Pacific. 

Tim enjoys the challenge of working in this burgeoning marketplace, especially as global consumers show increased interest in products infused with cannabinoids.  While he may live thousands of miles from the SōRSE headquarters in Seattle, Tim is an integral part of our sales team as the company expands to new markets around the world.  

What drew you to SōRSE? What intrigued you about the position?    

I crossed paths with our CEO, Howard, when I was looking at options outside my current role and he was looking for options for SōRSE outside of the US. It was clear that it was an opportunity to move into a brand-new role in a brand-new industry. It was an exciting prospect and a chance to really shape the position and make it my own. It was made clear that I’d be expected to be a self-starter, to make my own decisions and manage my own time; coming from the rigidity of my current organization, this sounded like the perfect job! It took four weeks from being offered the role to starting out as the newest member of the team.   

Prior to SōRSE, you served as an officer in the British Army for ten years. What skills that you developed in your time in the military do you find yourself drawing on working for SōRSE?  

I spent a lot of my time in that role operating ‘at range’ and trying to solve new and complex problems with only the resources that I had available.  I also needed to anticipate requirements for my time and my commanders, and prepare as best I could for uncertainty. It was all about trying to deliver results on time to the best of my ability and with the tools available.  My time at SōRSE has been no different. 

What do you enjoy about your role, and what do you find challenging?  

Working 8,000 miles and eight time zones away from the company office in Seattle has its challenges, but I’ve found the team I get to work with every day have taken it in their stride, and I try and use it to my advantage wherever I can.  The team I work with loves what they do and universally wants the company to do great things, which we are. 

Working with CBD on in a global marketplace has its challenges — one of them being regulatory differences. Despite the challenges, what are the growth opportunities that you are seeing internationally? How do you see people’s perceptions of cannabis changing? 

 Public perception and support for the legalization of cannabis products is only increasing everywhere you look. The ‘Post Prohibition’ era is coming everywhere; it’s just a question of when. People are preparing accordingly, and there is a lot of excitement around what that could look like.  People are being cautious and examining opportunities, but the pieces are already being moved into place. 

 Can you describe some significant/meaningful moments in the time you have worked at SōRSE?  

Coming from the Army, and with little practical business experience, the last few years have been full of ‘firsts’ for me. I secured our first international order. Seeing that through from making the sale, helping with regulatory compliance, shipping, clearing customs and delivery was really satisfying. The fact that the customer was thrilled with SōRSE Technology and just how much better it was than the alternatives made me realize I was a part of something special.   

What are your work goals for 2021 and your personal goals?  

I’d like SōRSE to get in at the ground floor of every new legal hemp market in the world, as the best provider of emulsions for food and beverages.   

As a family, we are preparing for my wife to coach the Great Britain Rowing Team at the Olympics in Tokyo this the summer, and between a four-year-old, a Labrador and three chickens, I think I’ll have plenty to occupy me once I clock off for the weekend! 

Can you share something about yourself that not a lot of people know?   

I once accidentally crossed the border from Kuwait into Iraq on a jet ski. 

 

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PA Cannabis News: CBD Oil for Your Pets

CBD has been gaining in popularity in the US these days as many people are turning towards natural products instead of pharmaceuticals to treat their pets. There are now many options on the market that makes it easy to add CBD into your pet’s diets, such as our partner, Heirloom Pet Products. Our VP of Technical Business Development, Michael Flemmens, discusses the potential benefits of CBD and how it affects your pets in Pennsylvania Cannabis News’ article.

Read the full article.