In mid-November, the Vermont Phytoscience Institute was first featured publicly via an excellent piece by VPR's Peter Hirschfeld. The company identified itself as a think-tank and publicized their recommendations to the VT legislature about expanding legislation to allow for increased testing, research, and genetic profiling aspects of cannabis.
The state filing documents show that the company was formed in June 2015 and has assembled an all-star team of medical professionals, scientists, and business professionals with impressive experience that IS both local and cannabis-specific via close ties with the VT Patients Alliance and their existing research partners.
As the article notes, the Phytoscience Institute is registered as an LLC (for-profit) business, specifically a benefit corporation, with Dr. William Cats-Baril & Robin Grace listed as the managers. Many, including the VT Cannabis Collaborative, believe that such business structures (also known as 'b corps") are an effective way for potential VT cannabis businesses to prove their commitment to social benefit and accountability to the public and their stakeholders.
While much less heralded publicly than other VT cannabis platforms and reports, this document represents a detailed, well-researched analysis with specific recommendations for the VT legislature--read the summary on page two for the quick highlights. One of the most significant aspects of the report is the profile on page 7, which shows the THC/CBD profiles of 44 different strains from the VT Patients Alliance in Montpelier. To the best of our knowledge, this is the first publicly-available information about the composition of existing strains currently being used in Vermont.
Overall, there's lots more to learn about the VT Phytoscience Institute, as they truly seem positioned to contribute serious expertise that benefits current/future VT medical patients, as well as a hypothetical future 'adult use' market that will almost certainly require extensive testing and cataloguing.
We look forward to learning more about the VT Phytoscience Institute and commend them for sharing their expertise and suggestions with the VT legislature and the members of the public.