Our Business

Low Cost, High Quality Producer

Discover Wellness Solutions (WLNS:CSE) is focused on becoming the lowest cost producer of high-quality, high consistency CBD concentrates.

Our industrial-scale CBD extraction and processing facility in Alberta, Canada is fully-licensed and highly-scalable for future expansion.

We have also partnered with leading plant genetics and cultivation firm SynerGenetics Biosciences.  This partnership gives us exclusive rights to proprietary high-CBD, low-THC strains and has supplied us with 550,000 pounds of high-CBD hemp to date (with more to come).

SynerGenetics Bioscience Partnership

SynerGenetics Bioscience is a leading plant research and genetics firm focused on the development of high-CBD, low-THC hemp. The company has utilized cutting-edge technology to produce proprietary strains with 15%+ CBD content and less than 0.3% THC – one of the highest ratios in the industry and a key factor that will enable WLNS to produce high quality, high consistency CBD concentrate at lower costs than our competitors. 

 Update:  WLNS has received its first shipment of 550,000 lbs of high CBD hemp from the SyngerGenetics partnership.  With 50% allocated toward near-term extraction, the potential yield could be up to 19,250 lbs of CBD concentrates with an implied value of ~$34.7 m.

Partnership details:

HIghly-aligned partnership:

SynerGenetics has become WLNS’ largest shareholder and is strategically aligned with other WLNS shareholders (our success is their success). As WLNS and SynerGenetics partner to develop the CBD concentrates business, further value will be created for all shareholders.

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Fully-Integrated Seed-to-Sale Process

1) Proprietary hemp genetics

2) Premium, high-CBD Crop

3) Agri-scale harvesting

4) dry & cure biomass

5) processing, package for storage, and transportation

Our Facility

We own and operate a high-standard hemp processing and CBD extraction facility in Alberta, Canada. 

  • Large-scale, industrial facility with targeted annual capacity over 1 million pounds.
  • 4x expansion potential – currently 23,400 square feet in size.  Expansion potential to over 100,000 square feet.
  • Fully licensed for the cultivation, extraction, processing, and medical sales (flower only) of cannabis products.
FullyLicensed
1Mpoundcapacity
4xPotential

We completely retro-fitted our building from the ground-up for high-output, industrial-scale hemp processing.

Eason Chen is a chartered professional accountant with over 15 years of experience in corporate governance, corporate finance, financial reporting, Canadian and cross-border listings. He previously held senior managerial position at Ernst & Young LLP, MNP LLP and numbers of public listed companies. He is currently a CFO of a public listed company on the Canadian Securities Exchange and the chairman of audit committee of a public listed company on London Stock Exchange.

Eason Chen, CPA, CA

Eugene is a partner at Shea Nerland LLP, with over 20 years experience as a securities, corporate finance and mergers & acquisitions lawyer. He acts for and is a trusted advisor to emerging and growth-oriented companies on corporate finance, securities and mergers & acquisition matters. Eugene has provided extensive advice on initial public offerings, private placements, take-over bids, stock exchange listings, shareholder and proxy related matters, securities reporting, regulatory compliance and mergers & acquisitions.

EUGENE CHEN, B.SC., LLB

Dave is a senior financial executive with over 35 years of experience. His career includes leadership roles in financial reporting, capital markets and risk management in public and private companies in Canada, the US and internationally. Mr. Guebert is a CPA, CA (Alberta), and has his CPA designation in Pennsylvania. He has served as CFO of a number of public and private enterprises and is a longstanding director of Merus Labs, a specialty bio-pharmacy company listed on the TSX and NASDAQ exchanges. Dave is also a director of Legend Power Systems listed on the TSX-V.

DAVE GUEBERT, CPA, CA

Tony is an expert in the health and benefits insurance industry. With over 25 years of experience, Tony brings a unique perspective to the Discover Wellness Solutions Board of Directors. Tony is the founder and President of Fairfield, Watson & Lewis Inc., one of the largest independent employee benefit consulting firms in Western Canada; the President of FWC Benefits Inc., a health and dental claims payment company; and President of Benefit Evolution Advisory, a recently-acquired, Edmonton-based employee benefits consulting firm.

TONY FAIRFIELD

Surinder is a talented plant scientist and researcher with over 10 years of experience. He manages the scientific, research and technological operations of Discover Wellness Solutions. Surinder received his Ph.D. from McGill University and has served as a plant scientist at the University of Saskatchewan. He has received numerous awards, a patent on a brewing-process, and is widely recognized in the field of plant molecular biology and biochemistry. He is experienced in the study and practical application of cannabis cultivation and cannabis oil extraction.

DR. SURINDER SINGH, B.SC., M.S., PH.D.

Chief Scientist

Manish has over 12 years experience in the capital markets. Over ten years as an Equity Research Analyst with various boutique investment banking firms in Toronto; where he covered a wide range of sectors ranging from Technology, Gaming, FinTech and Telcos. He also spent a year with a gold mining company as their Investor Relations and Corporate Development Director. Manish has an MBA in Finance from Cardiff University and B.Com (honors) from Delhi University. He has also completed his CFA.

MANISH GRIGO

Chief Strategy Officer

Sunny has nearly a decade of experience in quality assurance and regulatory management in the international pharmaceutical products industry. Sunny received his Master of Pharmacy in 2008 and served as a research scientist for a number of years.

SUNNY DABAS, B.PHARM., M. PHARM.

QUALITY ASSURANCE MANAGER

Peter is a senior financial professional who brings over 20 years and over 40 billion dollars worth of experience to Discover Wellness Solutions in accounting, treasury, corporate finance, mergers and acquisitions, strategic planning, governance, operations and investment banking. Peter was most recently CFO and Corporate Secretary of Ceiba Energy Services Inc. (TSX-V) and the VP Finance and CFO of Petrobank Energy & Resources Ltd (TSX). Peter is passionate about his community and has served on a number of for-profit and not-for-profit Boards.

PETER CHEUNG - CPA, CA

INTERIM CEO AND CFO

Peter is a senior financial professional who brings over 20 years and over 40 billion dollars worth of experience to Discover Wellness Solutions in accounting, treasury, corporate finance, mergers and acquisitions, strategic planning, governance, operations and investment banking. Peter was most recently CFO and Corporate Secretary of Ceiba Energy Services Inc. (TSX-V) and the VP Finance and CFO of Petrobank Energy & Resources Ltd (TSX). Peter is passionate about his community and has served on a number of for-profit and not-for-profit Boards.

Mike Stuart

Head of Sales , Intel