RISE Life Science Corp. (CSE: RLSC) announced today that it has selected Solcanna S.A. de C.V. to act as a distributor of its Life Bloom Organics brand of CBD-based health and wellness products in Mexico.

Life Bloom Organics’ proprietary ‘Nano’ hemp extract oral sprays can be found at natural health food markets, chiropractic offices, specialty retailers and medical dispensaries in Southern California, as well as online at www.lifebloomorganics.com. The initial purchase order executed with Solcanna will see Life Bloom Organics’ Wellness formulation initially placed in three key Mexican markets: Mexico City, Guadalajara, and Monterrey.

“We are pleased with this Solcanna partnership,” RISE President Ryan Rocca commented. “With hemp CBD regulations opening up, it’s the right time for international expansion. Mexico’s proximity to our Southern California operations, and the density and demographics of the three key metropolitan areas we’re launching there, make this a perfect opportunity to introduce our unique product to new markets.”

Solcanna and RISE have planned this launch in the Mexican marketplace with an initial order of approximately Cdn$350,000 to place product at retailers in Mexico City, Guadalajara, and Monterrey. The expectation is for recurring orders to be placed, additional Mexican markets to be launched, and additional products to be added to RISE’s Mexican portfolio.

“We are very proud to embark on this mission in partnership with RISE Life Science Corp.”, said Moises Gomez-Reyna, CEO of Solcanna. “Our objective is to push forward with making the highest quality hemp derived CBD products with the latest delivery technology available to the Mexican market. With a population of over 123 million people, we have the opportunity to empower individuals in their quest for better health and quality of life by making wellness supplements accessible to everyone.”

Delivery of product to Solcanna is subject to regulatory approval from COFEPRIS, the Mexican Secretariat of Health’s agency responsible for the regulation of a variety of food- and health-related products in Mexico, to which application has been made.

About RISE Life Science Corp.

RISE is currently developing and evolving medical and adult-use hemp-based formulations to create general use health and well-being products for the emerging consumer category made possible by the legalization of hemp in the United States pursuant to the Agricultural Improvement Act of 2018. The Company launched its CBD-based sexual wellness products in June 2018. The acquisition of Life Bloom Organics in July 2018 expanded RISE’s portfolio of CBD products from sexual health and wellness products to include general wellness and sleep products and provides access to Life Bloom’s existing channels of distribution and production in the United States and California in particular. RISE also leverages Life Bloom’s proprietary process of nanotizing CBD for increased bioavailability (without psychoactivity) in future products created under the RISE brand umbrella.