Abstract: A composition of matter for enhancing delivery of bioactive compounds, particularly cannabinoids into the human and animal organisms. The invention enhanced oral, transmucosal and transdermal delivery of a bioactive compound including cannabinoids through the use of an excipient having a desired ratio of fatty acids. The invention particularly includes a lipophilic phytocannabinoid such as THC or CBD, and an excipient fatty acid profile including palmitoleic acid and fatty acids selected from the group consisting of oleic acid and palmitic acid, and combinations thereof in optimal ratios. Macadamia nut oil is a preferred excipient having the desired lipid profile. Macadamia nut oil is a non-toxic plant oil, offers oxidation resistance to the fatty acids and cannabinoids to improve product shelf life, and has a sufficiently low melting temperature to remain liquid while refrigerated to further enhance product shelf life without changing the product phase from a liquid to a solid.