Lygos CBx and Metalabs Co., Ltd. Partner to Co-Develop and Commercialize Haircare Products Featuring Cannabinoids
December 17, 2020 at 01:03 pm
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Lygos, Inc. and Metalabs Co., LTD. announced a partnership to develop haircare and shampoo products featuring Lygos-CBG™ (cannabigerol). CBG is a cannabinoid that has been reported to interact with the endocannabinoid receptors that are involved in hair growth and inflammation.1-3 Metalabs will incorporate its specialty formulations with Lygos-CBG into a new line of haircare and shampoo products designed for a deep cleansing and purifying process that promotes strand resistance while enhancing volume, shine and growth. The Lygos CBx platform enables the production of many cannabinoid compounds for consumer applications in an environmentally safe, sustainable and cost-effective manner. This partnership enables important product formulations that have not been used due to scalability, consistency and cost issues. Lygos CBx’ novel production pathway offers a high-performance, ultra-pure, THC-free, and consistent alternative to agricultural-based cannabinoid production. The two companies will work together to develop a proprietary formulation and conduct safety and efficacy studies. The results of these studies are expected in 2021, prior to the anticipated commercial launch of the new line of haircare and shampoo products.
METALABS CO., LTD., formerly AVISTA INC., is a Korea-based company mainly engaged in the casual apparel business. The Company produces and sells casual apparel and accessories under the brand of BNX, which is feminine and romantic character for women in their twenties; TANKUS, which is casual apparel with detailed design and dynamic color and fabrics; eryn brinie, which is soft and simple character casual apparel, and Kai-aakmann, which is feminine and masculine look character for men and women in their twenties. In addition, it is engaged in the overseas wholesale and retail of products through its affiliates in Shanghai, New York and Milano.