POS Bio-Sciences will operate under the new name Keyleaf, effective February 2019. The company, which also has a location in Batavia, IL, will shift focus from its predominantly contract service-based business model to offer more of its own plant-based extracts and ingredients as finished products under the new brand. The company has completed more than 5,400 projects for clients in almost 50 countries over the past four decades. The company’s pivot from applied contract research and development to producing finished plant-based ingredients is a strategic move to commercialize a pipeline of plant-derived products under the new brand. Particularly, the company will make products in the emerging hemp and cannabis category with proprietary extracts of cannabinoids, terpenes, and other high-value components for medicinal or nutritional applications. The company, Saskatoon, SK, is proficient in plant extraction, concentration, isolation, and modification of material properties.