HYTN Secures Cannabis Drug Licence, Advancing Prescription Drug Pathway for Cannabinoid-Based Medicines

VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN, FSE: 85W0, OTC PINK: HYTNF) (“HYTN” or the “Company”), a leader in pharmaceutical-grade cannabis manufacturing, is pleased to announce it has received a Cannabis Drug Licence (CDL) from Health Canada. The CDL, issued July 2, 2025, complements HYTN’s existing Drug Establishment Licence (DEL) and federally issued Cannabis Licences, placing the Company among a limited group of organizations authorized to manufacture cannabis-derived pharmaceutical drugs in Canada.

As an existing Good Manufacturing Practices (GMP)-certified manufacturer, HYTN currently services international markets with cannabinoid products under GMP-cannabis frameworks. The newly issued CDL provides new and distinct regulatory pathways to the Company, enabling the fabrication, packaging, labelling, and distribution of prescription pharmaceutical products (Rx). This advancement permits HYTN to support clinical research, generate regulatory data, and pursue future drug approvals and market authorisations.

“Securing the CDL is an important milestone in HYTN’s evolution,” said Jason Broome, Chief Operations Officer of HYTN. “This achievement enhances our capabilities, allowing us to strategically expand beyond GMP-cannabis frameworks and participate directly in pharmaceutical drug development.”

With the CDL in place, HYTN has expanded its capabilities to serve both the regulated cannabis market and the regulated pharmaceutical market, supported by the following strategic advantages:

• Export-Ready GMP-Certified Manufacturing: HYTN operates under a DEL for non-sterile pharmaceuticals and is compliant with international GMP standards recognized by the United Kingdom, European Union and Australia.
• Prescription Drug Development Pathway: With the CDL in place, HYTN can begin developing cannabis-derived drug products. This opens the door to submissions for Marketing Authorisations worldwide.
• EudraGMDP Registration in Progress: HYTN, in conjunction with European partners, is progressing with its EudraGMDP registration, which, if granted, would enable the Company to be listed as an approved active pharmaceutical ingredient (API) and drug product manufacturer within European pharmaceutical databases.
• Contract Development and Manufacturing Organization (CDMO) & Clinical Support: HYTN’s dual licensing enables it to act as a CDMO partner for clinical-stage biotech and pharmaceutical companies, providing GMP-compliant cannabinoid production, formulation development, and product release within a regulated drug framework.

The global pharmaceutical industry is integrating cannabinoids as APIs. Epidiolex, an FDA- and EMA-approved prescription drug derived from cannabidiol (CBD), is authorized for the treatment of severe seizure disorders including Lennox–Gastaut syndrome, Dravet syndrome, and tuberous sclerosis complex. According to its parent company, Jazz Pharmaceuticals, Epidiolex generated net product sales of USD $972.4 million in 2024, with a reported gross margin of 88.2% of net product sales¹, underscoring the clinical utility and commercial viability of cannabinoid-based pharmaceuticals.

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