Socati launches new CBD formulation & product development division
Socati Corp, a wholly owned subsidiary of Yooma Wellness Inc, has announced the launch of Socati Formulations. The new division has been established to collaborate with its manufacturing partners and customers to provide a full concept-to-market service for brands building products with customised cannabinoid ratios while also incorporating trending functional ingredients. These include ashwagandha, Rhodiola rosea, L-Theanine, curcumin, elderberry extracts, melatonin and a multitude of other consumer conscious ingredients.
With an increased global focus on wellness brought on by the pandemic, Socati Formulations has been launched in response to a growing demand in the CBD market to see GMP-quality finished products with certified organic cannabinoids and a variety of other functional ingredients recognised for overall wellness benefits.
“We’re seeing new and exciting trends in the CBD space which we’re fortunate to be able to react to quickly and with world-class expertise,” commented Mark Elfenbein, chief revenue officer of Socati. “With a sharp focus on wellbeing seen around the world, an increasing number of people are looking for new and innovative products with ingredients they know and trust.”
“Yooma is extremely excited about the launch of Socati Formulations,” added Lorne Abony, chairman of Yooma. “The Socati team is already working with several leading consumer brands to create new and unique products which will be available to customers in the coming weeks and months.”
Socati has established a team of formulation and product development experts within the new division. Building on the success of its finished goods catalogue and the launch of dozens of products including gummies, tinctures, pet products, and its proprietary water-dispersible flavoured crystal stick packs, they will provide a turnkey, white-glove service for new and existing customers looking to bring fresh and innovative products to market.
All Socati ingredients benefit from: non-detectable levels of THC (as determined by independent testing with leading US laboratories), high purity CBD, and custom minor cannabinoid ratios. These ingredients are non-GMO, tested and verified by third party labs, produced in a GFSI certified food grade processing facility, kosher and made to ingredient grade specifications.