viewLeanLife Health

LeanLife Health's omega-3 production plan wins funding from Canada's National Research Council

CEO Stan Lis called the decision "an indirect endorsement of the company's potential."

Flax seeds and flax seed oil in bowls and glassware
LeanLife’s products are derived from flaxseed oil, which provides the highest concentration of omega-3 of any plant

LeanLife Health Inc's (CSE:LLP) aim to bring its omega-3 products to mass market received a boost Thursday, thanks to funding from the National Research Council of Canada. 

The company applied for and won assistance from the NRC’s Industrial Research Assistance Program for production scale-up of its line of omega-3 products. 

The infusion of cash and counsel will pave the way for the company to begin commercial quantity production of its plant-based omega-3 products, the company said in a statement. 

READ: LeanLife Health stock climbs after its Omega-3 product wins pure stamp from global testing authority SGS

LeanLife’s products are derived from flaxseed oil, which provides the highest concentration of omega-3 of any plant and offers a two-year shelf life. The higher ratio of omega-3 to omega-6 fats in LeanLife’s oils offers health benefits, the company said.

The NRC IRAP’s mission is to grease the wheel for small and medium Candian technology companies by providing funding and innovation services. 

"The validation by an expert of the company's management team, proprietary technology and market potential, and selection after a competitive process, once again demonstrates the strength of LeanLife Health,” CEO Stan Lis told investors. “It is an indirect endorsement of the company's potential."

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: LeanLife Health

Price: 0.04 CAD

Market: CSE
Market Cap: $4.64 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of LeanLife Health named herein, including the promotion by the Company of LeanLife Health in any Content on the Site, the Company receives from...



Full interview: Naturally Splendid and BioLogic Pharmamedcial looking at...

Naturally Splendid (CVE: NSP) CEO Craig Goodwin and Franco Cavaleri with BioLogic Pharma Medical joined Steve Darling from Proactive Vancouver to discuss Naturally Splendid’s product featuring an ingredient called Curcumin.  Cavaleri discussed what Curcumin is and why it’s is getting...

1 day, 20 hours ago

2 min read