Tidal Care and Canna Stream solutions Ltd (CSS) Have Signed an MOU on the use of CSS’ Patent Pending Extraction Technology in the Psychedelic Space

Written by Canna Stream Solutions

February 15, 2023

Canna Stream Solutions (CSS), an innovative cannabis extraction and upcycling company, and Tidal Care Inc. (Tidal), a fully integrated psychedelic therapeutics company, announced today the signing of a Memorandum of Understanding (MOU) on the intent to form a Joint Venture aimed at the collaborative development and commercialization of innovative plant-based and synthetic products for a wide range of therapeutic applications.

CSS, with its proprietary extraction methods, will provide its expertise in product & IP development, as well as quality control to Tidal, which is currently engaged in building a Health Canada licensed facility to grow, process, and sell psychedelic products for clinical and therapeutic applications. This collaboration offers significant synergies, with CSS gaining access to a high-compliance regulated facility and a large-scale processing space to aid in growth efforts, while Tidal benefits from the scientific, regulatory, and QC support of a highly experienced team.

“We are excited to partner with Tidal to bring our cutting-edge extraction methods to the psychedelic space, while getting the opportunity to grow our cannabis waste reclamation operation,” said John Vidmar, COO of CSS. “This collaboration is a great opportunity for CSS to leverage our technology and expertise, while Tidal will benefit from our proven track record in product and IP development.”

“Our partnership with CSS will provide us with a unique advantage in the psychedelics industry,” said Dylan Beesley, VP of Operations & BD at Tidal. “By combining CSS’ innovative extraction methods with the hard-to-access raw materials afforded by our Health Canada issued Controlled Drugs and Substances Dealer’s License, we will be poised to bring new and innovative plant-based and synthetic products to the market with a focus on quality, purity, and economic production.”

This collaboration represents a significant step forward in the psychedelics industry in Alberta, and both companies are looking forward to working together to bring their unique expertise and innovative technologies to the cannabis and psychedelics industries.

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About CSS: CSS is developing critical technologies for storing, transporting, and processing cannabis waste (physical and chemical). Most notably, they have filed a U.S. and Canadian patent application in the chemical extraction and fractionation of Cannabinoids and monoterpenes from cannabis flower and biomass utilizing a solvent technology that is significantly more efficient than ethanol. This allows CSS to substantially manage the costs of high throughput processing and extraction of cannabis and hemp biomass. For more information about the company, please visit www.cannastream.ca

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John Vidmar, Ph.D.,