Providence Brand of Canada has announced this morning that the company had entered into an agreement with Lost Craft beer to bring a line of cannabis infused craft beers to consumers located throughout Canada.
Under the terms of the agreement, Lost Craft Beer will license Providence Brands patent pending technologies to develop a line of cannabinoid-based beverages. Providence Brands owns technology and proprietary processes that effectively infuses cannabinoids into the brewing process of beer. The company claims that their formulations will even be healthier than drinking a normal beer since, “the beer is brewed from cannabis, rather than barley, it will be naturally gluten-free and low in calories and sugar.”
The product line will be developed at Providence Brands of Canada’s 123,000 sq. ft. facility in Ontario. The two companies have come to this agreement within the first month of the legalization of recreational cannabis within the Canadian border. Dooma Wendschuh, CEO and Co-Founder of Province Brands, gave this statement in the press release:
“This is a dream come true. I’ve loved Lost Craft beer for quite some time and it’s an honour and a privilege to work with a company whose values and dedication to quality and craftsmanship so closely mirrors ours at Province. I really can’t wait to taste the beer we come up with together. We look to form more of these partnerships as the market for cannabis-powered beer expands.”