EXMceuticals Inc. announced the advancement of its R&D operations at its Lisbon, Portugal, facility. Earlier this year, EXM has applied for a P2020 Research Grant under the project name SkanABility for a proof-of-concept study of the biological activity of cannabinoids and terpenes in cosmeceutical applications. The project seeks to demonstrate the commercial viability of cannabis compounds in cosmetic and aromatherapy products, as well as develop sustainable, functional packaging based on biodegradable cannabis materials (fibres and waxes), which will allow for the extension of product shelf-life and the preservation of formulations and properties. SkanABility will develop formulations for different types of cosmetics and aromatherapies (acne face cleansers, anti-proliferative/regenerative, anti-inflammatory/hypoallergenic, essential oils for aromatherapy, etc.) that EXM plans to sell to industrial and pharmaceutical companies through a royalty-based business model. Recently, EXM submitted an application to the Portuguese Government through the I&D COVID-19 initiative and has begun investigating the virucidal efficacy of cannabis and terpene molecules in combatting SARS-CoV-2, the virus that causes COVID-19. Early indications suggest that the molecules may inhibit the virus' permanence on surfaces by attacking its cellula structure. If proven effective, these molecules could become key elements in commercial solutions used to combat the spread of the virus. EXM believes that these molecules will be effective in reducing the spread of the virus and will be applicable in the following key areas: The disinfection of surfaces and goods; Hand and body disinfection; The additional coating on social and surgical protective masks Currently available disinfectants often have high alcohol contents of 60% or higher, which can be damaging to fabrics, irritate skin, and can lead to illness if accidentally ingested. Additionally, Hydrogen peroxide-based solutions are flammable and corrosive to skin, eyes, and mucous membranes at high concentrations (>10%) and may cause irritation. Disinfectants containing natural cannabis and wild plant ingredients have numerous potential advantages given that they are gentler on skin and surfaces and more environmentally sustainable.