- CEO
- Richard Cindric
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 890 West Pender Street Vancouver BC Canada V6C 1J9
- IPO Date
- Apr 22, 2019
- Business
- Primo Nutraceuticals Inc. owns and develops commercial real estate properties and turnkey cultivation facilities for the cannabis cultivation sector; offers seed-to-sale services, including infrastructure, equipment leases, property management, consulting, advisory services, yield optimization technology, recycling, and soil remediation; provides proprietary formulas for cannabis edibles, topicals, and tinctures; and develops premium hemp-derived consumer products such as CBD-blended tinctures for anxiety, energy, and sleep under brands like Thrive Wellness and Grounded CBD. The Vancouver, British Columbia-based company, founded in 2014, operates primarily in Canada with additional activities in the United States, including a hemp production and processing license through subsidiary Worm Casting Farms Inc. on 10 acres in Oregon and a fully constructed 10,000-square-foot growing facility in Washington state with an existing tenant and option for six more acres. Recent developments include a 2020 name change from Bougainville Ventures Inc., a letter of intent to acquire 25% of Beauty Kitchen Canada, a binding letter of intent in November 2020 to acquire assets of Full Spectrum Biosciences Inc., and a definitive agreement with former MLB executive Dan Duquette to capitalize on receipt of a Medical Device Establishment License.