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Panacea Life Sciences, Inc. Expands Premium Skincare Line with Two New, Purpose-Driven CBD and CBG Products

GOLDEN, CO / ACCESSWIRE / March 2, 2022 / Panacea Life Sciences, Inc. (OTCQB:PLSH), (the “Company”), a Colorado, USA-based biotech cannabinoid company, bolsters their skincare line with innovative CBD and CBG formulations to help combat skin issues like acne, wrinkles, and even more severe conditions such as eczema and psoriasis. These products, specifically the Skin Clearing Gel for acne and the Derma Soothe CBD+CBG oil for more severe conditions, capitalize on the growing CBD skincare market which is estimated to be worth USD 1295.7 Million by 2026 and is foreseen to garner a CAGR of about 33% from 2021 to 2026.

Keeping with their 2022 mission of creating purposeful formulations, Panacea is not only looking to use cannabinoids to help treat ailments from the inside of the body – some of their most recent product launches are aimed at addressing topical conditions that millions of people face. In America alone, the numbers are staggering.

Condition Acne Atopic Dermatitis/ Eczema Psoriasis Rosacea
# of Americans Affected Up to 50 Million (annually)1 31.6
Million2-3		 7.5 Million4 16 Million5-7

Increased adoption of skincare products containing CBD and/or CBG is driving growth throughout the industry. Panacea’s skincare line is dermatologist-approved and packed with anti-inflammatory properties and free-radical-fighting antioxidants. The all-natural formulations include ingredients like targeted peptides, vitamins, green tea, aloe, Beta Hydroxy Acid, tea tree oils, and more, and of course, CBD and CBG to help address skin ailments and to protect the skin from harmful pollutants and free radical damage.

Knowing that the market is looking for natural products with clean ingredients and free of parabens, sulfates or animal testing, Panacea has been working closely with certified dermatologist Dr. Paul Dean, partner of PL Skin Solutions based in California, to go above and beyond consumer demand by offering products made with all-natural ingredients, including hemp-derived CBD and CBG that is organically grown and manufactured in the U.S., and ensuring they are third-party tested and dermatologist approved.

“I am thrilled to be part of Panacea’s superior skincare line. I have assisted in the formulation of these unique skincare products which have a blend of antioxidants and CBD and CBG ingredients. It’s amazing to see how my patients have benefited significantly from the use of these products” says Dr. Dean.

Panacea Life Sciences, Inc, Wednesday, March 2, 2022, Press release picture

Panacea’s four new CBD skincare products cover much of the overall skincare market by type, providing serums, lotions, gels, and creams, but the additional Derma Soothe CBD+CBG Skin Relief product differentiates their line by addressing more severe skin conditions like rosacea, eczema, and even psoriasis.

The relatively new baseline of products can either be used together as a four-part skin regimen or on their own. Products include a CBD Soothing Eye Therapy serum, CBD Regenerating Facial Cream, Skin Clearing CBD Gel, and a Full Body CBD Moisture Therapy lotion. However, if the goal is to tackle more severe or widespread skin conditions, the Derma Soothe CBD+CBG Skin Relief is a must.

Nick Cavarra, Panacea’s Executive Vice President of Sales and Marketing, states, “Panacea customers have wanted us to create a premier line of CBD and CBG skincare products, and our R&D team along with Dr. Dean have accomplished this by working closely together over the last year on formulation, stability, and efficacy of the products. Panacea is pleased to offer our skincare products to the marketplace and believe they will differentiate us from our competition by delivering purposeful products to our customers desperate for a natural solution to their afflictions.”

Since their founding in 2017, Panacea Life Sciences has upheld the highest standards for all their products across multiple categories, from oil drops and softgels to gummies and topicals. With a focus on Cultivating Everyday Wellness™ by making purposeful products that use only the highest quality cannabinoids, the brand continues to build trust and reliability with each new product in its lineup.

Beginning today through Monday, March 7th, Panacea is running a Skincare Special. When you purchase the Skincare Bundle (which includes the CBD Soothing Eye Therapy serum, CBD Regenerating Facial Cream, and the Full Body CBD Moisture Therapy lotion), use the coupon code SKINCARE at checkout to receive a free, full-sized Skin Clearing CBD Gel.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a woman-owned, vertically integrated cannabinoid manufacturer and research company that produces purposeful formulations for consumers and pets. Panacea sells an array of products including softgels, gummies, tinctures, sublingual tablets, skin care, and pain management topicals. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our CBD and CBG skincare products, including the perceived merits and anticipated outcome of our products, consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. You can identify forward-looking statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the possibility that our Pana skincare products are not successful, risks arising from supply chain disruptions on our ability to obtain raw materials as well as similar problems with our vendors, the impact of the pandemic including new variants on the national and global economy, lack of available funding at sufficient levels to meet our working capital needs, competition from third parties; intellectual property rights of third parties; regulatory constraints, including the need for FDA approval under certain circumstances; and changes in technology and methods of marketing; as well as those risks and uncertainties described by us in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2021 under the heading “Risk Factors”. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:

Nick Cavarra
[email protected]

Sources

1 Bickers DR, Lim HW, Margolis D, Weinstock MA, Goodman C, Faulkner E et al. The burden of skin diseases: 2004 a joint project of the American Academy of Dermatology Association and the Society for Investigative Dermatology. Journal of the American Academy of Dermatology 2006;55:490-500.

2 Hanifin JM, Reed ML, Eczema Prevalence and Impact Working Group. A population-based survey of eczema prevalence in the United States. Dermatitis. 2007;18(2):82-91.

3 Silverberg JI, Hanifin JM. Adult eczema prevalence and associations with asthma and other health and demographic factors: a US population-based study. J Allergy Clin Immunol. 2013;132(5):1132-1138.

4 Menter A, Gottlieb A, Feldman SR, Van Voorhees AS et al. Guidelines of care for the management of psoriasis and psoriatic arthritis: Section 1. Overview of psoriasis and guidelines of care for the treatment of psoriasis with biologics. J Am Acad Dermatol 2008 May;58(5):826-50.

5 Steinhoff, M., Schauber, J., and Leyden, J.J. New insights into rosacea pathophysiology: a review of recent findings. J Am Acad Dermatol. 2013; 69: S15-S26

6 Elewski, B.E., Draelos, Z., Dréno, B., Jansen, T., Layton, A., and Picardo, M. Rosacea - global diversity and optimized outcome: proposed international consensus from the Rosacea International Expert Group. J Eur Acad Dermatol Venereol. 2011; 25: 188-200

7 Okhovat, J.-P. and Armstrong, A.W. Updates in rosacea: epidemiology, risk factors, and management strategies. Curr Dermatol Rep. 2014; 3: 23-28
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Panacea Life Sciences, Inc. Launches a Powerful 3300mg Cannabidiol Oral Solution Tincture

GOLDEN, CO / ACCESSWIRE / February 15, 2022 / Panacea Life Sciences, Inc. (OTCQB:PLSH), (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid company providing natural, non-habit-forming health and wellness products, announces the launch of their highest potency tincture yet, the 3300mg Cannabidiol Oral Solution. Along with their recently launched CBDA Oil Drops, the 3300mg tincture aligns with Panacea’s mission to produce purposeful formulations that enhance peoples’ and pets’ health and wellbeing.

Panacea Life Sciences, Inc., Tuesday, February 15, 2022, Press release picture

Panacea’s 3300mg high-potency tincture is a cost effective and quality-controlled product designed specifically for those requiring higher doses of cannabidiol (CBD) to enjoy a healthy lifestyle. For years, studies have been looking into CBD’s potential to help people cope with chronic pain, epilepsy, seizures, and anxiety. While dosing and efficacy remain to be determined, the growing number of clinical studies using high-dose CBD are encouraging for those suffering from many debilitating conditions.

Panacea’s Chief Science Officer, James Baumgartner, Ph.D., emphasizes, “As a cannabinoid company, Panacea remains committed to research on CBD (and other cannabinoids) dosing, bioavailability, and understanding how CBD supports human and pet health. The 3300mg high potency CBD oral tincture was requested by many of our customers, and with it is an important addition to Panacea’s product portfolio for those that require high doses of CBD for daily functions.”

The 3300mg Cannabidiol Oral Solution product is one of the most cost-effective products on the market at just $0.03 per milligram, and at the recommended servings of 1 dropper per day from a 30mL bottle, this equates to $3 per day verses a similar product that costs almost five times this amount.

Panacea’s 3300mg Cannabidiol Oral Solution tincture is made from hemp that is grown, manufactured, and third-party tested in Colorado. Panacea follows strict quality control protocols to make sure the purity and potency of all products are safe, have accurate concentrations and are effective. Because the main ingredient, CBD, is hemp-derived, there is no known risk of addiction or psychogenic effects. Furthermore, it is made with PANA Pure isolate, meaning it is pure CBD that is THC-Free*.

The launch of Panacea’s new high-potency tincture offers an alternative for people searching for a natural product to support an improved quality of life. The company believes that the release of its 3300mg Cannabidiol Oral Solution is a major step in improving the quality of life for people who can benefit from this higher dosage product.

*THC-Free or THC-ND (non-detect) is defined as trace amounts <0.01% THC or 100ppm.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a seed to sale cannabinoid manufacturer and research company that produces purposeful, natural medicine for consumers and pets. Panacea sells softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the effectiveness of a high-potency CBD tincture improving the lives of people and pets, [no we should delete] You can identify forward-looking statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, risks arising from supply chain disruptions on our ability to obtain raw materials as well as similar problems with our vendors, the impact of the pandemic including new variants on the national and global economy, lack of available funding at sufficient levels to meet our working capital needs, competition from third parties; intellectual property rights of third parties; regulatory constraints, including the need for FDA approval under certain circumstances; and changes in technology and methods of marketing; as well as those risks and uncertainties described by us in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2021 under the heading “Risk Factors”. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:

Nick Cavarra
[email protected]

SOURCE: Panacea Life Sciences, Inc.
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Panacea Life Sciences, Inc. Set To Launch CBD and CBG Products in Brazil

GOLDEN, CO / ACCESSWIRE / February 2, 2022 / Panacea Life Sciences, Inc. (OTCQB:PLSH), (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research-focused company providing natural, non-habit-forming health and wellness products as an alternative to Big Pharma product offerings, announces the launch of their highest quality CBD and CBG line of products to MyPharma2Go‘s healthcare providers in Brazil. The new partnership, signed last month, allows Panacea to offer their premium cannabinoid products to the Brazilian market and soon after in other Latin American countries.

Panacea Life Sciences, Inc, Wednesday, February 2, 2022, Press release picture

Founded in 2017, MyPharma2Go works with market-leading brands recommended by top professionals across seven different cross-border platforms to provide patients access to globally available medicines, supplements, and medical cannabis – the latter proving to be a rapidly growing category. Adding to their robust portfolio, the partnership with Panacea ensures a superior service in delivering the best global cannabis products to physicians, pharmacies, and customers throughout Brazil.

According to André Di Donato, CEO and founder of MyPharma2Go, in the last five years, MyPharma2Go has impacted more than 30,000 health professionals and has served more than 240,000 patients throughout Brazil. He also noted, “We are eager to officially launch Panacea’s exceptional array of cannabinoid products as their unique variety can capture market niches we haven’t yet touched. We are extremely pleased to partner with Panacea and bring the highest quality CBD products from Colorado, USA to the people of Brazil starting this month. Colorado is the focal point of the cannabis industry worldwide, and we’ve found that Panacea’s stringent quality and testing protocols, along with the thoughtful science behind the products, are second to none.”

Since their founding in 2017, Panacea Life Sciences has upheld the highest standards for all their products across multiple categories, from oil drops and softgels to gummies and topicals. With a focus on Cultivating Everyday Wellness™ by making products that use only the highest quality cannabinoids, the brand continues to build trust and reliability with each new product in its lineup. With meaningful, unique products being generated, tested, and produced regularly, Panacea will be able to reach a widespread target market.

“Panacea and MyPharma2Go have been working hard to integrate our lineup of cannabinoid products into the MyPharma2Go sales approach to make these products readily available to healthcare providers in Brazil” credits Panacea’s Founder and Chief Executive Officer, Leslie Buttorff. “Panacea has a tremendous and loyal customer base here in the United States, and we look forward to earning the trust of the people of Brazil with our natural, non-habit-forming medicinal products.”

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a leader in production of legal, industrial hemp cannabinoid products for consumers and pets that operates a 51,000 square foot GMP certified facility in Golden, Colorado, USA, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea sells softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our contract in Brazil, including the perceived merits and anticipated outcome of consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Other risks are included in filings with the SEC made by Panacea Life Sciences Holdings, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:
Nick Cavarra
[email protected]

SOURCE: Panacea Life Sciences, Inc
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Panacea Life Sciences’ New CBDA Oil Drops are Now Available for Purchase Online at panacealife.com

GOLDEN, CO / ACCESSWIRE / January 27, 2022 / Panacea Life Sciences Holdings, Inc. (OTCQB:PLSH) (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research-focused company providing natural, non-habit-forming health and wellness products as an alternative to expensive pharmaceuticals and synthetic product offerings, is pleased to announce that their new CBDA Oil Drops with immunity-building Vitamin D and Zinc is ready for purchase at Panacealife.com.

Panacea Life Sciences, Inc, Thursday, January 27, 2022, Press release picture

Recent studies at Oregon State University (OSU) and the University of Chicago have found that cannabinoids play an impactful role as they interact with cells in humans and mice. The in vitro OSU study demonstrates the potential of the cannabinoid, cannabidiolic acid (CBDA) – present in industrial hemp (scientifically known as Cannabis sativa L) – to inhibit viral infection by binding to the COVID spike protein and obstructing the entry of the virus into human cells.

The research article published from the University of Chicago study contained equally promising news that cannabidiol (CBD) alone may inhibit viral replication in already infected cells. The study’s abstract reads, “Here we report that CBD inhibits infection of SARS-CoV-2 in cells of mice. CBD and its metabolite 7-OH-CBD, but not THC or other congeneric cannabinoids tested, potently block SARS-CoV-2 replication in lung epithelial cells. CBD acts after viral entry, inhibiting viral gene expression and reversing many effects of SARS-CoV-2 on host gene transcription. CBD inhibits SARS-CoV-2 replication in part by up-regulating the host IRE1α RNase endoplasmic reticulum (ER) stress response and interferon signaling pathways.”

These two studies suggest that a combination of CBDA and CBD may be beneficial for boosting the body’s ability to combat viral infections by blocking viral entry, and post-infection, inhibiting a virus’ ability to replicate. Panacea’s new CBDA Oil Drops tincture, which contains 50mg of CBDA per serving as well as Zinc and Vitamin D, will be one of the first products of its kind to be available on the market.

According to Panacea’s Chief Science Officer, James Baumgartner, Ph.D., “Panacea’s new CBDA Oil Drops not only contain a significant amount of both cannabinoids, but also have additional immunity-building ingredients to give our customers a terrific new product to naturally support the body’s immune system. The new information discovered in these studies is encouraging and paramount for Panacea. As a leading cannabinoid research company, our goal to conduct further research and studies that can positively impact the medical community.”

Panacea, along with its team of scientists at their Cannabinoid Research Center at Colorado State University (CSU), are eager to expand on this research. “Our Panacea research center at CSU is well-suited to further the research on this promising news and expand it to further human clinical studies. There are over 115 cannabinoids in the hemp plant, and we are just scratching the surface of what this natural plant can offer mankind.” noted CSU’s Lead Scientist, Melissa Reynolds, Ph.D.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a leader in production of legal, industrial hemp cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado, USA, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea sells softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the effectiveness of CBDA, our future conducting of human clinical trials, and the results from such trials. You can identify forward-looking statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, risks arising from supply chain disruptions on our ability to obtain raw materials as well as similar problems with our vendors, the impact of the pandemic including new variants on the national and global economy, lack of available funding at sufficient levels to meet our working capital needs, competition from third parties; intellectual property rights of third parties; regulatory constraints, including whether CBDA complies with FDA laws and regulations; and changes in technology and methods of marketing; as well as those risks and uncertainties described by us in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2021 under the heading “Risk Factors”. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:

Nick Cavarra
[email protected]

SOURCE: Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences, Inc. Announces Exclusive Partnership with Amazon Platform Partner Bright Ideas Unlimited, LLC

GOLDEN, CO / ACCESSWIRE / January 24, 2022 / Panacea Life Sciences, Inc. (OTCQB:PLSH), (the “Company”), a cGMP certified, vertically integrated, premium cannabinoid company, today announced their exclusive agreement with Bright Ideas Unlimited, LLC (BIU), an Amazon.com, Inc. platform partner, to enter the hemp extract world of products within the Amazon marketplace. BIU, which specializes in Amazon go-to-market strategies, content creation and operational excellence, will act as Panacea’s exclusive hemp extract partner to launch products on the Amazon platform. This partnership includes all the leading Panacea branded products, including Panacea gummies, tinctures, softgels and topicals, as well as pet products and their new line of skincare and beauty products.

Panacea Life Sciences, Inc, Monday, January 24, 2022, Press release picture
Panacea Life Sciences, Inc, Monday, January 24, 2022, Press release picture

“Panacea is excited to start offering our PANA Health, Beauty, Sport, Pet and Skincare lines of hemp extract products on Amazon while working with experienced product experts like Bright Ideas Unlimited. As an Amazon

Prime member, I am fully aware of the confusion that exists for consumers regarding hemp products. Numerous products are made with hemp seed oil, for example, which provides no real health value. Panacea’s research and educational focus will hopefully clear up some of the confusion that currently exists” says Panacea’s Executive Vice President of Sales, Nick Cavarra.

Interest in natural hemp-based products has grown exponentially since the passage of the Farm Bill in 2018, and Panacea believes Amazon is expected to become a major platform to distribute medicinal hemp-based products to a vast and interested audience. Panacea has worked with BIU to create seller central accounts, build product pages, and other essential components of Panacea’s Amazon store and established Amazon launch strategies to fully utilize the Amazon platform. In addition, BIU is responsible for creating, developing, and executing effective, customized Amazon strategies that align with broader sales and ecommerce goals. With this exclusive partnership, Panacea is poised to fully integrate their digital marketing, content curation and product innovation with the world’s largest online retailer.

CEO of Bright Ideas Unlimited, LLC., John Gill, adds, “As for my many years building successful brands on Amazon, I realized one of the main keys to success is having quality and effective products, and Panacea’s focus on quality and innovation gives them an enormous advantage over the competition. With the hemp space on Amazon growing at a rapid rate, I see Panacea becoming a very successful player in this space for years to come, which has me extremely excited to work with this specific cannabinoid company.”

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates within a 51,000 square foot cGMP certified facility in Golden, Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea sells softgels, gummies, tinctures, sublingual tablets, skincare, topicals, as well as a new COVID CBDA™ tincture for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NASDAQ:XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our contract with Bright Ideas Unlimited, LLC and its ability to successfully promote our products on Amazon and our future success on amazon. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Some or all of these forward-looking statements may not be achieved. Among the risks are Bright Ideas Unlimited’s relationship with Amazon and its ability to feature our products online near the top of a search, consumer demand, the impact of COVID-19 and its variants on the economy, future inflation that effects demand for our products and supply chain disruptions. Other risks are included in filings with the SEC made by Panacea Life Sciences Holdings, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:
Nick Cavarra
[email protected]

SOURCE: Panacea Life Sciences, Inc.

Panacea Announces Launch of New Product COVID CBDA(TM)

“Orally bioavailable and with a long history of safe human use, these cannabinoids, isolated or in hemp extracts, have the potential to prevent as well as treat infection by SARS-CoV-2” the researchers stated in the published study.

GOLDEN, CO / ACCESSWIRE / January 18, 2022 / Panacea Life Sciences Holdings, Inc. (OTCQB:PLSH) (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research-focused company providing natural, non-habit-forming health and wellness products as an alternative to Big Pharma product offerings, is pleased to announce the launching of its immunity-boosting product, COVID CBDA™.

Panacea Life Sciences, Inc, Tuesday, January 18, 2022, Press release picture

A recent laboratory study executed by Oregon State University (OSU) – which did not involve any human trials – found that the cannabinoids cannabidiolic acid (CBDA) and cannabigerolic acid (CBGA), which are present in industrial hemp (scientifically known as Cannabis sativa L), have shown the ability to bind to COVID-19 proteins and inhibit the virus from entering or infecting human cells. Lead researcher Richard van Breemen and his colleagues found that when the pair of cannabinoids bind to the SARS-CoV-2 spike protein, they can block the protein from binding to human cells, thus inhibiting the ability of COVID-19 to infect humans. The spike protein is the target for antibody therapies, and this inhibition method is used to develop vaccines.

In OSU’s newsroom article, van Breemen explained, “These cannabinoid acids are abundant in hemp and in many hemp extracts. They are not controlled substances like THC, the psychoactive ingredient in marijuana, and have a good safety profile in humans. Our research showed the hemp compounds were equally effective against variants of SARS-CoV-2, including the Delta variant, which was first detected in the United Kingdom, and the Omnicron variant, first detected in South Africa.”

According to Panacea’s Chief Science Officer, James Baumgartner, Ph.D., “Panacea’s new COVID CBDA™ product contains a significant amount of these COVID-19 blocking cannabinoids, along with additional immunity-building ingredients to give our customers a fighting chance against COVID-19. The new information discovered in this study is encouraging and paramount for Panacea. As a leading cannabinoid research company, our goal to conduct further research and studies that can impact the medical community is a top priority.”

Panacea, along with its team of scientists at their Cannabinoid Research Center at Colorado State University, are eager to expand on this research as soon as possible. “Our Panacea research center at CSU is well-suited to further the research on this promising news and expand it to further human clinical studies. There are over 115 cannabinoids in the hemp plant, and we are just scratching the surface of what this natural plant can offer mankind.” noted CSU’s Lead Scientist, Melissa Reynolds, Ph.D.

Panacea’s team of scientists and chemists have been developing the highest quality hemp-extracted cannabinoid products since 2017. “With our vertically integrated business model and Colorado State University Cannabinoid Research Center, Panacea has laid the groundwork to be a world class cannabinoid company,” commented Leslie Buttorff, Founder and Chief Executive Officer of Panacea. “Our mission to provide natural alternatives welcomes news such as this and hope our COVID CBDA™ is an affordable, game-changing product.”

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a leader in production of legal, industrial hemp cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea sells softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has previously attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (Nasdaq: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the effectiveness of COVID CBDA™, our conducting of human clinical trials, and the results from such trials. You can identify forward-looking statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, risks arising from supply chain disruptions on our ability to obtain raw materials as well as similar problems with our vendors, the impact of the COVID-19 pandemic including new variants on the national and global economy, lack of available funding at sufficient levels to meet our working capital needs, competition from third parties; intellectual property rights of third parties; regulatory constraints, including whether COVID CBDA™ complies with FDA laws and regulations; and changes in technology and methods of marketing; as well as those risks and uncertainties described by us in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2021 under the heading “Risk Factors”. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:

James Baumgartner
[email protected]

SOURCE: Panacea Life Sciences, Inc

Panacea Life Sciences, Inc. establishes a presence in Brazil as early as January 2022

GOLDEN, CO / ACCESSWIRE / December 9, 2021 / Panacea Life Sciences, Inc. (OTCQB:PLSH), (the “Company”), a cGMP certified, vertically integrated premium CBD and cannabinoid company, announces new partnership with MyPharma2Go to enter the growing Brazilian cannabis market. The partnership reinforces MyPharma2Go’s already robust portfolio, allowing them to ensure a premium service in delivering the best global cannabis products to customers in Brazil.

Founded in 2017, MyPharma2Go works with market-leading brands recommended by top professionals across seven different cross-border e-commerce platforms to provide patients access to globally available medicines, supplements, and medical cannabis.

According to André Di Donato, CEO and founder of MyPharma2Go, in the last five years, MyPharma2Go has impacted more than 30,000 health professionals and has served more than 240,000 patients throughout Brazil. He also noted, “With this partnership with Panacea Life Sciences, we will continue with our purpose of ensuring a premium service in delivering the best global products to our customers in Brazil.”

Since their founding in 2017, Panacea Life Sciences has upheld the highest standards for all their products across multiple categories, from oil drops and softgels to gummies and topicals. With a focus on Cultivating Everyday Wellness™ by making products that use only the highest quality cannabinoids, the brand continues to build trust and reliability with each new product in its lineup.

“Panacea is extremely honored to be accepted into MyPharma2Go’s portfolio of quality products for the people of Brazil” commented Nick Cavarra, Executive Vice President of Sales & Marketing. “As the largest country in South America with a population of over 200 million people, our partnership with MyPharma2Go provides us an incredible pathway to reach Latin American consumers with Panacea’s array of topical and ingestible products for humans and pets, and in turn, will increase revenues and shareholder value in 2022.”

From the beginning, MyPharma2Go’s goal has always been to make it easier for Brazilians to buy US-made dietary supplements and OTC products by building an e-commerce empire for healthcare. They have recently launched a direct-to-consumer portal that provides detailed information about the products, support services for their acquisition, and a personalized customer experience, with the seal of delivery guarantee throughout the national territory.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NASDAQ: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our contract in Brazil, including the perceived merits and anticipated outcome of consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Other risks are included in filings with the SEC made by Panacea Life Sciences Holdings, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:

Nick Cavarra

[email protected]

SOURCE: Panacea Life Sciences, Inc

Panacea Life Sciences Holdings, Inc. Closes $1 Million Private Placement with Lincoln Park Capital Fund, LLC

GOLDEN, CO / ACCESSWIRE / December 2, 2021 / Panacea Life Sciences Holdings, Inc. (OTCQB:PLSH) (“Panacea” or the “Company”), a leading U.S.-based cannabinoid research and manufacturing company providing natural, non-habit forming medicines and wellness products as an alternative to Big Pharma product offerings, is pleased to announce that it has closed a private placement with the Lincoln Park Capital Fund, LLC (“LPC”), a Chicago-based institutional investor.

Pursuant to the terms and conditions of the Securities Purchase Agreement, the Company sold to LPC a 10% original issue discount senior convertible promissory note in the principal amount of $1,100,000 (the “Note”) and five-year warrants to purchase 785,715 shares of the Company’s common stock, par value $0.0001 per share at an exercise price of $1.40 per share (the “Warrants”) for the total purchase price of $1,000,000.

“With our vertically integrated business model and Colorado State University Cannabinoid Research Center, Panacea has laid the groundwork to be a world class cannabinoid company,” commented Leslie Buttorff, Founder and Chief Executive Officer of Panacea. “The Lincoln Park investment allows us to focus on an aggressive growth strategy, clinical research, and studies, and we expect it will increase awareness and market share of the Panacea brand of products.”

Aegis Capital Corporation acted as the exclusive placement agent for the private placement.

A more detailed description of the Securities Purchase Agreement and the securities sold thereby is set forth in the Company’s Current Report on Form 8-K, which the Company filed with the Securities and Exchange Commission (the “SEC”) on November 24, 2021.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has previously attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN. If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit www.panacealife.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding plans for increasing our brand awareness and market share. You can identify forward-looking statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, risks arising from supply chain disruptions on our ability to obtain raw materials as well as similar problems with our vendors, the impact of the COVID-19 pandemic including new variants on the national and global economy, lack of available funding at sufficient levels to meet our working capital needs, competition from third parties; intellectual property rights of third parties; regulatory constraints; and changes in technology and methods of marketing;; as well as those risks and uncertainties described by us in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2021 under the heading “Risk Factors”. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

CONTACT:
Leslie Buttorff
[email protected]

SOURCE: Panacea Life Sciences, Inc

Panacea Life Sciences Holdings, Inc. to Commence Trading Under Ticker Symbol “PLSH” on November 26, 2021

GOLDEN, CO / ACCESSWIRE / November 24, 2021 / Panacea Life Sciences Holdings, Inc. (OTCQB:EXDID), (“Panacea” or the “Company”), a cGMP certified, vertically integrated premium CBD and cannabinoid company, announced today that it will commence trading under the ticker symbol “PLSH” effective at the market open on Friday, November 26, 2021.

Since the Company’s founding in 2017, Panacea has upheld the highest standards for all their cannabinoid products across multiple categories, including gummies, oil drops, softgels, topicals, skin care, and pet products.

Leslie Buttorff, Panacea’s Founder and CEO commented, “The Company’s common stock will begin trading under the ticker symbol “PLSH” to reflect our focus on natural health and wellness products as an alternative to Big Pharma prescription drugs. In Greek mythology, Panacea is the goddess of universal remedy and “all healing”. With a focus on Cultivating Everyday Wellness™ by manufacturing products that use only the highest quality cannabinoids, the Panacea brand embraces its namesake as it continues to build trust and a loyal customer base.”

No action is required by existing Panacea shareholders with respect to the ticker symbol change. The Company’s common stock will continue to be listed on the OTCQB and the CUSIP will remain unchanged.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences Holdings, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our Pana product line, including the perceived merits and anticipated outcome of our new products, consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the possibility that our Pana Beauty product line is not successful due to regulatory challenges and, the risk that due to insufficient sales or for other reasons. Other risks are included in filings with the SEC made by Panacea Life Sciences Holdings, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:
Leslie Buttorff
[email protected]

SOURCE: Panacea Life Sciences, Inc

Panacea Life Sciences, Inc. Launches New Premium CBD Skincare Line Under PANA Beauty(R)

GOLDEN, CO / ACCESSWIRE / November 23, 2021 / Panacea Life Sciences, Inc. (OTCQB: EXDID), (the “Company”), a cGMP certified, vertically integrated premium CBD and cannabinoid company, launches four new products in their PANA Beauty® line of skincare products to capitalize on the growing market niche.

Panacea Life Sciences, Inc, Tuesday, November 23, 2021, Press release picture

Working closely with certified dermatologist Dr. Paul Dean, partner of PL Skin Solutions based in California, Panacea developed four new products just in time for the close of the year. The CBD skincare market is estimated to be worth USD 1295.7 Million by 2026 and is foreseen to garner a CAGR of about 33% from 2021 to 2026.

“I am thrilled to be part of this superior skin line, PANA Beauty®. I have assisted in the formulation of these unique skincare products which have a blend of antioxidants and CBD ingredients. It’s amazing to see how my patients have benefited significantly from the use of these products” says Dr. Dean.

The new products can be used together as a four-part skin regimen or on their own. Products include a CBD Soothing Eye Therapy serum, a Full Body CBD Moisture Therapy lotion, Skin Clearing CBD Gel, and a CBD Regenerating Facial Cream.

Nick Cavarra, Panacea’s SVP of Sales and Marketing, states, “Panacea customers have wanted us to create a premier line of CBD beauty products, and our R&D team along with Dr. Dean have accomplished this by working closely together over the last two years on formulation, stability, and efficacy of the products. I am proud to be introducing our four new beauty products to the marketplace and believe they will differentiate us from our competition and position the Company to increase our overall revenues.”

Increased adoption of skincare products containing CBD is driving growth throughout the industry. CBD is packed full of anti-inflammatories, free radical-fighting antioxidants, ultra-hydrating, and emollient properties providing therapeutic value. Panacea’s four new products cover the CBD skincare market by type, providing serums, lotions, gels, and creams.

The market is looking for natural products with clean ingredients and free of parabens, sulfates or animal testing. Panacea’s beauty line goes above and beyond consumer demand by offering products made with all-natural ingredients, including hemp-derived CBD grown and manufactured in the U.S., that are third party tested and dermatologist approved.

Since their founding in 2017, Panacea Life Sciences has upheld the highest standards for all their products across multiple categories, from oil drops and softgels to gummies and topicals. With a focus on Cultivating Everyday Wellness™ by making products that use only the highest quality cannabinoids, the brand continues to build trust and reliability with each new product in its lineup.

About Panacea Life Sciences Holdings, Inc.

Panacea Life Sciences, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Organic Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NASDAQ: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our Pana Beauty product line, including the perceived merits and anticipated outcome of our new products, consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the possibility that our Pana Beauty product line is not successful due to regulatory challenges and, the risk that due to insufficient sales or for other reasons. Other risks are included in filings with the SEC made by Panacea Life Sciences Holdings, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact:
Nick Cavarra
[email protected]

SOURCE: Panacea Life Sciences, Inc

Panacea Life Sciences, Inc. Appoints Dean of College of Natural Sciences at CSU Dr. Janice Nerger to Board of Directors

Sciences

GOLDEN, CO, UNITED STATES, November 8, 2021 /EINPresswire.com/ — Panacea Life Sciences Holdings, Inc. (OTCQB: EXDID), (the “Company”), a cGMP certified, vertically integrated premium CBD and cannabinoid company, announces the appointment of Dr. Janice Nerger, Dean of the College of Natural Sciences at Colorado State University, to its Board of Directors.

“It is truly a pleasure to have Jan on our Board of Directors,” said Leslie Buttorff, CEO of Panacea Life Sciences. “Jan’s incredibly impressive career and background in experimental psychology and research has already proven her to be a dynamic asset for us as we develop our presence and leadership in the hemp industry on a global level. The fact that Dr. Nerger is also a strong advocate for women in science and is the co-founder of the Women in Natural Sciences organization at CSU makes her even more of a perfect fit for this woman-owned company.”

Dr. Nerger was instrumental in the recent grand opening of the Panacea Life Sciences Cannabinoid Research Center at Colorado State University in October of 2021.

“Panacea is a prodigious company with an equally impressive vision for their future. Their focus on creating accessible, natural paths to overall health and wellness for humans and pets strongly aligns with my passion to educate and influence the world in a positive way. I am confident that my experience and desire for innovation will contribute to executing Panacea’s strategy,” said Dr. Nerger.

Professor Janice L. Nerger was named Dean of the College of Natural Sciences at Colorado State University in 2010. Dr. Nerger is internationally recognized for her research on human vision, in particular on the neurophysiological mechanisms underlying color perception. Her research has resulted in numerous publications, presentations, and recognition from the Rank Prize Foundation, the National Research Council, and the National Science Foundation. She also instituted the first Professional Science Masters degree in the State of Colorado and the first interdisciplinary undergraduate degree at Colorado State University. In 2016, she was named a “Woman of Influence” and awarded the Dr. Joan King International Woman of Vision by the Colorado Organization of Women of Influence. She also currently serves as the President of the Council of Colleges of Arts and Sciences.

Jan joins Larry Wert and Leslie Buttorff on the Board. Larry comes with vast media experience to provide Panacea with a well-rounded board. Having members from various areas of expertise will help drive Panacea’s vision and mission as a leading cannabinoid company.

About Panacea Life Sciences Holdings, Inc.
Formerly Exactus, Inc. (OTCQB: EXDID) (the “Company”), acquired Panacea Life Sciences, Inc. on June 30, 2021. Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NASDAQ: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

About Panacea Life Sciences
Panacea Life Sciences, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Nicholas J. Cavarra
Panacea Life Sciences, Inc.
[email protected]
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CBD Company Panacea Life Sciences Sees Promise as Denver Airport Reaches Third-Highest Passenger Traffic in World

Panacea Life Sciences’ premium CBD products first entered Denver International Airport in May 2021, taking advantage of the near record numbers of passenger traffic

GOLDEN, CO / ACCESSWIRE / October 29, 2021 / Exactus, Inc. (OTCQB:EXDI), soon to be Panacea Life Sciences, Inc. (OTCQB:PLSH)(Panacea) a cGMP certified, vertically integrated premium CBD company located in Golden, Colorado, plans to capitalize on Denver International Airport’s (DEN) resurgence of air travelers. During the first half of 2021, nearly 25 million passengers traveled through the airport. This offers Panacea many opportunities for travelers to see, try, and buy CBD products at their two kiosk locations in DEN’s B and C concourses.

Exactus Inc., Friday, October 29, 2021, Press release picture

The airport retail space has proven to be a big move for Panacea. Panacea’s May entry marked the first time that CBD products have been made available for passengers and visitors at DEN and Panacea has been the perfect company to pioneer entry into this arena. Panacea is a seed-to-sale cannabinoid company with its roots planted at their farm on the western slope of Colorado and at their 51,000 square foot manufacturing facility in Golden. Travelers, whether coming, going, or just passing through, will be thrilled to find therapeutic relief that CBD can provide. Several studies have found that CBD and other cannabinoids have anti-inflammatory properties, so it is suitable to alleviate the stiff and sore muscles, aches, and pains that flying can bring about.

Panacea carries over 18 CBD products for topical use, including pain relief patches, heating and cooling balm sticks, lotions, lip balm and more. While some may be hesitant to purchase CBD while traveling, it’s important to know that hemp-derived CBD products are legal in all 50 United States, as long as the products contain less than 0.3% THC – a rule which Panacea follows stringently. Additionally, the kiosks will sell personal protection equipment like masks and hand sanitizer for these on-the-go consumers.

Find Panacea’s kiosk on the southwest side of the center of Concourse C and at their second location on the northeast side of the center of Concourse B.

Exactus, Inc. (OTCQB:EXDI) (the “Company”), acquired Panacea Life Sciences, Inc. on June 30, 2021. Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

Panacea Life Sciences is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategic partnership with Denver International Airport, including the perceived merits and anticipated outcome of our new relationship, consumer demand for and suitability of our products in retail locations and in general, and the expected growth of the CBD/hemp industry in which we operate. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the possibility that our partnership with Denver International Airport is not successful due to friction which may arise between the parties, regulatory challenges and, the risk that due to insufficient sales or for other reasons Denver International Airport discontinues selling Panacea’s products. Other risks are included in filings with the SEC made by Exactus, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

CONTACT:
Nick Cavarra
[email protected]

SOURCE: Exactus Inc.

Exactus, Inc. Announces Name Change to Panacea Life Sciences Holdings, Inc. and 1 to 28 Reverse Stock Split

GOLDEN, CO / ACCESSWIRE / October 28, 2021 / Exactus, Inc. (OTCQB:EXDID), (the “Company”), a cGMP certified, vertically integrated premium CBD and Cannabinoid company announced today that the Financial Industry Regulatory Authority, Inc. (“FINRA”) has approved the Company’s name change to “Panacea Life Sciences Holdings, Inc.” (from Exactus, Inc.). This corporate action will be effective as of the open of trading on October 28, 2021. The new CUSIP number for the common stock will be 69810P109. The Company has also completed a 1 to 28 reverse stock split.

In connection with the name change, a temporary symbol, EXDID has been assigned to the company which will change to PLSH twenty business days from October 28, 2021.

These changes follow the Company’s announcement, on June 30, 2021, of the successful completion of an exchange transaction with Exactus, Inc. pursuant to which Panacea Life Sciences, Inc. became a wholly-owned subsidiary of the Company.

Leslie Buttorff, Panacea’s CEO & Executive Chairman, stated, “The name and ticker change is essential for the Company as we look forward to building awareness around the PANA brand foundation we have built as a leader in cannabinoid research and natural alternative medicines and our future goals of creating long-term shareholder value.”

Exactus, Inc. (OTCQB:EXDID) (the “Company”), acquired Panacea Life Sciences, Inc. on June 30, 2021. Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NYSE American: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

Panacea Life Sciences, Inc. is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

SOURCE: Exactus Inc.

Grand Opening of the Panacea Life Sciences Cannabinoid Research Center at Colorado State University

Made possible by a $1.5 million gift from CSU alumna and Panacea Life Sciences CEO, Leslie Buttorff, the center boasts state-of-the-art chemical separation and analysis instrumentation that will enable foundational research in the chemistry of cannabinoids

GOLDEN, CO / ACCESSWIRE / October 14, 2021 / Exactus, Inc. (OTCQB:EXDI), soon to be Panacea Life Sciences Holdings, Inc. (the “Company”), a cGMP certified, vertically integrated premium cannabinoid company located in Golden, Colorado, along with Colorado State University’s (CSU) College of Natural Sciences, announces the grand opening of the Panacea Life Sciences Cannabinoid Research Center at CSU. Following more than a year of planning, the teams are excited to officially launch the grand opening on October 19, 2021.

Exactus Inc., Thursday, October 14, 2021, Press release picture

Panacea’s Chief Scientific Officer, Dr. James Baumgartner states, “The cannabinoid research lab will conduct numerous studies and clinical research that will extend our knowledge of how cannabis extracts affect human and animal health. Panacea will work through the center to form multiple research collaborations as well as perform our own studies in multiple therapeutic areas.”

The Panacea Life Sciences Cannabinoid Research Center will be housed in the Chemistry Building in the heart of campus. The center is expected to be a leader in cannabinoid research nation and world-wide as the industry continues to grow at a rate of over 21% (CAGR from 2021-2028) with a current market size value in 2021 of $3.5 billion, revenue is forecasted to hit $13.4 billion by 2028.

The one-of-a-kind center, made possible by a $1.5 million gift from CSU alumna and Panacea Life Sciences CEO, Leslie Buttorff, boasts state-of-the-art chemical separation and analysis instrumentation that will enable foundational research in the chemistry of cannabinoids, including medically relevant, THC-free cannabidiol. Jan Nerger, Dean of the College of Natural Sciences at Colorado State University, and Panacea’s Buttorff created, designed, and funded the research center in 2020 with the primary goal of it serving as a springboard for CSU-based research that is focused on new and emerging cannabinoids with implications for human and animal health.

“The Panacea Life Sciences Cannabinoid Research Center is a great example of a partnership igniting innovation. Partnering with Panacea will propel us to the forefront of cannabinoid research and provide unprecedented opportunities for CSU faculty and students,” said Nerger. “This analytical research facility is unique in the region and Ms. Buttorff’s extraordinary gift places CSU in an unparalleled position to advance research in this burgeoning area.”

The first studies at the center are underway for isolation of rare cannabinoids, examining cannabidiol’s effects on Inflammatory Bowel Disease (IBS), as well as supporting research into dementia and chronic pelvic pain.

Exactus, Inc. (OTCQB:EXDI) (the “Company”), acquired Panacea Life Sciences, Inc. on June 30, 2021. Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NASDAQ: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

Panacea Life Sciences is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Organic Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea produces softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategic partnership with the Colorado State University. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the possibility that our partnership with the Colorado State University is unsuccessful. Other risks are included in filings with the SEC made by Exactus, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Contact Information

Nick Cavarra
[email protected]

SOURCE: Exactus Inc.

CBD Company Panacea Life Sciences Partners with Underwriter Aegis Capital

Aegis Capital is well-suited to assess and advise the Colorado-based CBD company in their pursuit for capital from investors as a new publicly traded company

Exactus, Inc. (OTCQB:EXDI)

GOLDEN, CO, UNITED STATES, October 11, 2021 /EINPresswire.com/ — Exactus, Inc. (OTCQB:EXDI), soon to be Panacea Life Sciences Holdings, Inc. (OTCQB:EXDI) (the “Company”), a cGMP certified, vertically integrated premium CBD company located in Golden, Colorado, has engaged with Aegis Capital Corp. (Aegis) as our underwriter to pursue an initial public offering (IPO) for our company on NASDAQ.

Aegis is a full-service investment banking firm that specializes in raising capital for early-stage companies across multiple sectors and regions. Most recently, Aegis was the sole bookrunner for the US$17M IPO for Volcon Inc. (NASDAQ: VLCN). In addition, Aegis has recently raised capital in secondary offerings for Meten Holdings Group Ltd. (NASDAQ: METX, US$60M), Farmmi, Inc. (NASDAQ: FAMI, US$81M) and Molecular Data Inc. (NASDAQ: MKD, US$15M).

Exactus, Inc. (OTCQB: EXDI) (the “Company”), acquired Panacea Life Sciences, Inc. on June 30, 2021. Panacea, which was founded by Leslie Buttorff in 2017 as a woman-owned business, has attracted $20 million in initial investments. In 2019, these were followed up with a $14 million investment from 22nd Century Group, Inc. (NYSE American: XXII), a leading plant biotechnology company focused on technology to decrease nicotine in tobacco plants and uses its expertise for genetic engineering of hemp plants to modify cannabinoid levels used in manufacturing CBD, CBG and CBN.

Panacea Life Sciences is a leader in production of legal, trace THC, hemp-derived cannabinoid products for consumers and pets that operates a 51,000 square foot cGMP certified facility in Golden, Colorado and the PANA Organic Botanicals farm in western Colorado, complete with fully integrated extraction, manufacturing, testing and fulfillment. Panacea sells softgels, gummies, tinctures, sublingual tablets, cosmetics, and other topicals for purchase online (www.panacealife.com) and in stores as well as in smart kiosk vending machines being rolled out nationally.

Aegis Capital Corp. (Aegis) has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

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If you would like more information about this topic or to learn more about Panacea and its products or our land-to-brand practices, please visit panacealife.com.

Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategic partnership with the AEGIS Capital. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the possibility that our partnership with the AEGIS Capital is unsuccessful. Other risks are included in filings with the SEC made by Exactus, Inc., parent company of Panacea. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by law.

Nicholas J. Cavarra
Panacea Life Sciences, Inc.
+1 303-886-5538
email us here
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