CANNAINVESTOR Magazine U.S. Privately Held August 2018 | Page 117

3855 W. Diablo Drive, Suite 2, Las Vegas, NV 89118-2343

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Product Development

Alvin Needleman, Cosmetic Chemist and Member of ATS, is continually developing new products in our Research and Development Laboratory located in Las Vegas, Nevada. Products in development include wound healing cream, first aid cream, pain cream with anti-anxiety benefits, anti-aging creams, and creams targeted for migraines, premenstrual syndrome, menopause, hangovers, and other ailments.

Market

The global market for pain management drugs and devices was valued at $35.4 billion in 2012, and was expected to reach $41.5 billion in 2017. According to the American Academy of Pain Medicine (comprised of physicians dedicated to relieving pain), there are approximately 76.2 million people in the United States that currently suffer from chronic or persistent pain,

defined as some sort of pain that persisted for more

than 24 hours. Approximately six out of ten chronic

pain sufferers who use over-the-counter pain

relief formulas are dissatisfied with their

results. Our pain relief formula is

poised to take over the market since

its effectiveness will greatly surpass

the pain relief products

currently available.

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