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Alberta

Alberta based Atlas BiotechnologiesTM invests in leading Oncology Biotech research firm, Flavocure.

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Alberta based Atlas BiotechnologiesTM invests in leading Oncology Biotech research firm, Flavocure.

November 06, 2018- Edmonton, Alberta- ?Atlas Biotechnologies Inc. is pleased to announce a 20% investment in Flavocure Biotech, which has an impressive pipeline of oncology research. Flavocure has a patent pending on two therapeutic molecules, which use cannabis flavonoid derivatives in the treatment of three aggressive forms of cancer: AML (Acute Myeloid Leukemia), pancreatic, and glioblastoma (brain) cancer.

“Flavocure is an excellent fit for Atlas Biotechnologies. Our business philosophy is built around curing disease and illness using cannabis derivatives. Flavocure’s FDA orphan drug designation for the treatment of Acute Myeloid Leukemia, combined with their attractive oncology pipeline, made them an obvious choice for collaboration. We intend to jointly develop specialized cannabis cultivars to further unlock the potential of targeted flavonoids in medical research”, said Sheldon Croome, Atlas Biotechnologies CEO.

Flavocure is based in Maryland, USA and collaborates with some of the world’s most prestigious cancer research institutions. The United States Food and Drug Administration (FDA) has approved one of Flavocure’s two proposed therapeutics, Cresorol, with an orphan-drug designation.

Dr. Henry Lowe, an industry pioneer of cannabis phytopharmaceuticals and Flavocure’s founder and Executive Chairman, added, “Our early success in finding cannabis derived molecules for new therapeutic cancer discoveries attracted the interest of a great partner in Atlas. We are very much looking forward to collaborating with them on our genetics program and other drug research programs in the field.”

As part of the integral future collaboration, Atlas will hold a seat on Flavocure’s initial 7-member Board of Directors. Jeffrey R. Gossain, P.Eng, VP of Operations and one of Atlas’ founding Directors will aid in the development of the operational and corporate structure at Flavocure.

Atlas plans to develop a breeding program dedicated to isolating additional molecules in the flavonoid spectrum and identifying further cannabinoids for potential research and supply for future drug commercialization.

About Atlas Biotechnologies Inc. and Atlas Growers Ltd.

Atlas is based in Edmonton, Alberta, Canada and its wholly owned subsidiary, Atlas Growers Ltd., is federally licensed for Cultivation and Production of medical cannabis products. Phase one of Atlas’ purpose-built, 38,000 square foot laboratory has the capacity to produce over 5,000 kg of dried cannabis annually as well as refined cannabis into isolated concentrates in mass capacity. Atlas Growers owns a 160-acre site that could allow for significant future expansion of cultivation capacity in Alberta and has a development permit in place for up to 1,000,000 square feet of additional construction. Atlas also owns 50% of Coastline Biotechnologies, which is a late stage applicant with Health Canada. Coastline anticipates to be licensed for cultivation on Vancouver Island in late 2019. Atlas is well financed, raising over $25.6 million in equity to date, including $7.6 million related to acquisition of land and strategic investments. Atlas also has available for future use a largely unutilized $6.25 million bank term loan.

www.atlasgrowers.com

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Alberta

Search for missing man last seen at Red Deer hotel expands

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Missing Man

The Calgary Police Service Homicide Unit is seeking public assistance in relation to the disappearance of Abdikadir TUKHOV, who was reported missing in December 2016.

Abdikadir TUKHOV, 43, of Calgary was reported missing by friends on Sunday, Dec. 11, 2016. He was last seen on Monday, Dec. 5, 2016, leaving a residence in the community of Abbeydale.

Police have exhausted all footprints of life and as a result of new information from members of community, TUKHOV’s disappearance is considered suspicious. Friends also believe that TUKHOV may have been met with foul play.

TUKHOV lived a transient lifestyle and spent time in Calgary, Grand Prairie, Edmonton and Red Deer. It is believed he worked as a taxi driver in Grand Prairie prior to his disappearance.

Investigators are seeking public assistance to identify a man and a woman seen with TUKHOV at the Cambridge Red Deer Hotel (previously the Sheraton Red Deer), located at 3310 50 Ave., Red Deer, in the early morning hours of Sunday, Dec. 4, 2016. Police believe they may have information about TUKHOV’s disappearance or his activities prior to his disappearance.

A photo of TUKHOV with the man and woman is available above.

The woman is described as 25 to 40, with an average build with brown hair.

The man is described as 30 to 45, with an average build. He can be seen wearing a hat in the photo.

“We know that people in the community have information about Abdikadir’s disappearance,” says Staff Sergeant Martin Schiavetta of the CPS Homicide Unit. “Abdikadir left behind a wife and two children and we ask that anyone who has information come forward so that we can provide closure to his friends and family. Even what seems like the most insignificant information can sometimes be enough to help detectives solve a case.”

Anyone with information is asked to call the Calgary Police Service Homicide Tip Line at 403-428-8877. They may also contact the Calgary Police Service non-emergency number at 403-266-1234 or Crime Stoppers anonymously through either of the following methods:

TALK: 1-800-222-8477

TEXT: www.calgarycrimestoppers.org

Case # 16660072/4110

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Alberta

Million-Dollar Cocaine Seizure Made in Edmonton

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From ALERT (Alberta Law Enforcement Response Team)

Edmonton… Over a million dollars’ worth of cocaine has been seized after ALERT conducted search warrants at two Edmonton homes. ALERT seized over 11 kilograms of cocaine and 84 kilograms of a cocaine buffing agent.

ALERT’s Edmonton organized crime team made the seizure on June 8, 2019, and one person was arrested. The Edmonton Police Service and Alberta Sheriffs provided assistance.

ALERT alleges that an apartment in the Pembina neighbourhood was being used to package and press cocaine. That is where investigators located 84 kilograms of the cocaine buffing agent Phenacetin – one of the largest seizures of its kind by ALERT.

Phenacetin is a cutting agent used to dilute the purity of cocaine in order to maximize profits. It was banned in Canada in 1973 due to its carcinogenic and kidney-damaging properties.

The total value of the drugs seized is estimated at $1.4 million and includes:

11.37 kilograms of cocaine;
84 kilograms of Phenacetin;
902 grams of ketamine; and
$15,465 cash.

A 26-year-old Edmonton man was arrested. Mihnea Vasiu has been charged with drug possession for the purpose of trafficking and possession of proceeds of crime.

Vasiu became known to ALERT after he was observed meeting with targets in previous investigations.

Members of the public who suspect drug or gang activity in their community can call local police, or contact Crime Stoppers at 1-800-222-TIPS (8477). Crime Stoppers is always anonymous.

ALERT was established and is funded by the Alberta Government and is a compilation of the province’s most sophisticated law enforcement resources committed to tackling serious and organized crime. Members of Calgary Police Service, Edmonton Police Service, Lethbridge Police Service, Medicine Hat Police Service, and RCMP work in ALERT.

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july, 2019

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