Investor Presentaiton slide image

Investor Presentaiton

Testing: Background and Current State • Testing regimes such as this one are an important feature of every regulated cannabis market in the country, ensuring the safety, quality, and reliability of products available for sale for medical and adult-use customers. As a practical matter, passing test results are required to be associated to each product in the state's seed-to-sale tracking system (METRC) before it can be made available for sale to a retail customer. OCR has historically worked very closely with RIDOH on the enforced testing program - RIDOH is the agency that both issues the regulations relating to enforced testing and licenses the state's cannabis testing laboratories (of which there are three). • In response to industry concerns and emerging best practices, RIDOH and OCR have worked together to revise the testing regulations to bring our state into closer alignment with Massachusetts and other adult-use states, particularly with respect to allowable thresholds for certain pesticides. PUREVITA LABS REGULATORY COMPLIANCE TESTING PUREVITA LABS / 153 JAMES P MURPHY INDUSTRIAL HIGHWAY WEST WARWICK RI 02893 / PH: 401- 293-4534 RI LICENSE #: LTM0003 CERTIFICATE OF ANALYSIS PRODUCED: JUL 27, 2023 SAMPLE: BILLY IDLE PREMIUM PRE-ROLLS (PRE-ROLL) CLIENT: IDSP LLC D/B/A RI FINEST GARDENS BATCH: PASS CANNABINOID OVERVIEW TOTAL THE: BATCH NO.: 6.19.23 MATRIX: PRE-ROLL CATEGORY: FINISHED PLANT SAMPLE ID: PVL-2307-0271 COLLECTED ON: JUL 24, 2023 RECEIVED ON: JUL 24, 2023 BATCH/SAMPLE SIZE: 2200 UNITS & UNITS RECEIVED BY: BYRON ACEVEDO PACKAGE SIZE: 1 G TOTAL CBD: TOTAL CANNABINOIDS: CULTIVATOR INFO CULTIVATOR IDBP, LLC D/B/A RI FINEST GARDENS LICENSE MMP CV 0005 MEDICINAL CLASS B GROWER BATCH RESULT: PASS POTENCY TESTED METALS PASS MICROBIAL PESTICIDES PASS PASS WATER PASS SOP-2.4: CANNABINOID PROFILE BY UHPLC-DAD / ANALYST: JOSHUA VANVOORHIS, DATE: JUL 26, 2023 CBCA LIMIT 32.6 % - 100% 37.766% ANALYTE LIMIT AMT AMT LOD/LOQ (m/s) REGULATED ANALYTE AMT AMIT LOD/LOQ Img/g) REGULATED CBC ND ND 0.401/2.26 X THC ND ND 0.519/2.26 0.276 % CBD ND 2.76 mg/g ND 0.401/2.26 THE 0.275/2.26 THCA CBDA - 100 LOQ 0.221/2.26 THEY CBDV ND ND 0.389/2.26 THCVA 1.62 % 16.2 mg/z 35.3 M ND <LOQ 9.791/2.26 353 mg/g 0.330/2.26 NO 0.231/2.26 LOQ 0.362/2.26 CBDVA NO ND 0.362/2.26 x TOTAL THC ** 32.6 M 326 mg/s CBG <LOQ LOQ 0.344/2.26 CBGA 8.570 M CBN ND 5.90 mg/g ND 0.20312.26 0.400/2.26 X X TOTAL CBD ** CBD/RKG ARTHC/PKG LOQ <LOQ ND 16.2 mg (C8DA X 0.877) + CBD (THCA X 0.877) + THC ** TOTAL CBD TOTAL THC THE DATA REPORTED ON THIS CERTIFICATE WAS PRODUCED USING THE STRICT QUALITY CONTROL GUIDELINES OUTLINED IN REGULATION 216- RICR-60-05-6. I ATTEST THAT EACH ANALYSIS HAS BEEN REVIEWED FOR ACCURACY USING THE APPROPRIATE QUALITY CONTROL STANDARDS FOR EACH METHOD, UNLESS OTHERWISE STATED IN THE QC NOTES OR SAMPLE NARRATIVE SECTIONS AT THE BOTTOM OF THIS REPORT, SOP'S WERE FOLLOWED WITHOUT DEVIATION AND QUALITY CONTROL SAMPLES PERFORMED WITHIN THE SPECIFICATIONS ESTABLISHED BY THE LABORATORY. THE DATA PRESENTED HERE IN, APPLIES ONLY TO THE PRODUCTS LISTED IN THIS REPORT REPORTS CANNOT BE REPRODUCED RESULTS CERTIFIED BY: STUART J PROCTER, PHD LAB DIRECTOR, PUREVITA LABS JUL 27, 2023 Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. 15 RHODE ISLAND
View entire presentation