COWEN COLLABORATIVE INSIGHTS February 25, 2019 controls can be implemented when producing compounds with a biosynthesis method similar to the processes in place for pharmaceutical regulation. =a The many perceived advantages of synthetic cannabinoid creation have led to a series of companies entering the market, as described below. Figure 10 Selected Synthetic Biology Cannabinoid Companies Company Notes Cellibre Cellibre is a next-generation cellular agriculture company. Employing an organism-agnostic approach, Cellibre turns cells into specialized, sustainable factories for the manufacture of globally significant products at scale. Ginkgo Bioworks Ginkgo is a Boston-based company that designs custom microbes for customers across multiple markets, developing new organisms that replace technology with biology. Hyasynth Biologicals Located in Montreal, Hyasynth Biologicals uses the technologies from traditional and modern biology combined with computational analysis to develop organisms at the fastest possible speed. InMed Pharmaceuticals | InMed Pharmaceuticals is a biopharmaceutical company that specializes in the discovery and development of novel, cannabinoid-based therapeutics for the treatment of diseases with high unmet medical need. Librede Librede has developed a yeast-based cannabinoid production and drug discovery platform to create chemical compounds that target the endocannabinoid system. Librede’s modular technology enables large scale production of natural cannabinoids in a more economic and environmentally sustainable way Renew Biopharma Renew Biopharma harnesses the biological pathway to produce natural and novel cannabinoids that cross the blood brain barrier and target specific receptors associated with neuroinflammation and chronic pain. Teewinot Life Sciences Tampa-based Teewinot combines its biosynthetic processes with sophisticated chemical synthesis to produce proprietary cannabinoid analogs and prodrugs at commercial scale. Amyris Amy