OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the second quarter 2019 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global innovator in the industrial scale extraction and downstream processing of premium grade cannabis and hemp derivatives, has released its financial results for the fiscal year ended March 31, 2019. The audited Financial Statements and Management’s Discussion and Analysis (the “MD&A”) for the fiscal year ended March 31, 2019 are available at SEDAR.com, under the Company’s profile.
With each new market cannabidiol (CBD) expands into, an ever greater need for regulatory safeguards come into play to ensure safety and consistency of the quality of products in the market. This draws attention to the innovative extraction and production methods being developed and employed by CBD companies such as StillCanna Inc. (CSE:STIL) (OTC:SCNNF), Radient Technologies Inc. (TSX.V:RTI) (OTC:RDDTF), Valens GroWorks Corp. (CSE:VGW) (OTC:VGWCF), Neptune Wellness Solutions (NASDAQ:NEPT) (TSX:NEPT) and MediPharm Labs Corp. (OTC:MEDIF) (TSX.V:LABS).
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce it has awarded the mandate for the second phase of the construction of its Edmonton III manufacturing facility to Fillmore Construction Management Inc. (“Fillmore”). Construction is well underway, with footings and foundation work having been completed, and the structural component of the building now in progress and on schedule. Fillmore was selected by Radient due to its extensive previous experience developing food processing and GMP approved manufacturing plants.
Proper nutrition and wellness have become trendy topics among Millennial consumers. Nowadays, Millenials are much more proactive and health conscious than ever before as consumer trends have shown that products such as dietary supplements and functionals food are becoming increasingly sought after and desired. Moreover, with the spread of cannabis legalization, CBD-based products have also become the latest trend within the health and wellness marketspace. Due to the recent passing of the U.S. Farm Bill, consumers can now easily obtain CBD products at their local convenience stores or even online. However, many consumers are still very skeptical of using CBD despite the extensive research the industry has undergone. Clinical studies and analysis have linked CBD to the successful treatment of various health concerns as wide-ranging as acne and anxiety. Furthermore, research has also proposed that consumers are successfully using CBD for weight loss programs. The human body responds two cannabinoid receptors called the CB1 and CB2 receptors. Usually, the CB1 receptors are within the brain, while CB2 receptors are prevalent throughout the body. However, people with obesity have more CB1 receptors throughout their bodies, especially within fatty tissues. Researchers now believe that the activation of CB1 receptors can influence the body to block off, or activate, the receptors in order to aid with weight loss or other metabolic functions, according to a post by Jon Jonhson of Medical News Today, which has been reviewed by Alan Carter, Pharmacy Director at Aetna. Overall, the cannabis health and wellness marketplace is helping to further the overall industry as consumers and corporations continue to recognize and utilize the plant for its benefits. According to data compiled by Grand View Research, the global legal marijuana market was valued at USD 9.3 Billion in 2016. By 2025, the market is projected to reach USD 146.4 Billion while growing at a CAGR of 34.6%. AREV Brands International Ltd. (CSE: AREV), Neptune Wellness Solutions Inc. , Valens Groworks Corp. (CSE: VGW), Vivo Cannabis Inc. , Radient Technologies Inc.
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) has issued an aggregate of 249,743 common shares to third party consultants for services provided during the quarter ended March 31, 2019, pursuant to the shares for services agreements previously approved by the TSX Venture Exchange.
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce that it has appointed Ms. Jocelyne F. Lafreniere and Mr. Yves Gougoux to its Board of Directors, effective upon approval by Health Canada.
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce that it has appointed Mr. Adrian Marshall and Mr. James Blakelock to the joint role of Executive Vice President, Corporate Strategy and Planning, and Mr. Bill Wasson to the role of Senior Vice President, Capital Markets and Investor Relations. Working closely with Radient’s existing Management Team and Board of Directors, they will be instrumental in developing, driving and communicating the Company’s corporate strategy and global expansion.
AR has become widely popular due to its ability to allow the user to immerse themselves into a digital world through a real-world lens. Users can experience a virtual reality world through their mobile devices or with more advanced technology like headsets or glasses. However, the technology still remains relatively new, which is why it has not been heavily integrated into a multitude of sectors even though it has already been implemented within the gaming industry. In said industry, AR allows users to play a game while being in a real-world environment, in real-time. With the acceleration of the industry, the technology is now being integrated into sectors like retail, healthcare, education, fashion, and manufacturing. Industries such as healthcare and manufacturing are using AR to practice and potentially prevent onsite accidents. Meanwhile, in the retail, education, and fashion industry, AR is providing users with a stunning virtual reality experience. The technology is being advanced as the adoption and availability of cloud increases. Cloud platforms provide AR with an infrastructure to address the scalability limitation of on-premise experiences. The diverse nature of AR applications is also increasing the technology’s adoption, further fueling the marketplace. And according to data compiled by Grand View Research, the global augmented reality market was valued at USD 350 Million in 2018. Furthermore, it is expected to register a CAGR of 151.93% over the forecast period from 2019 to 2024. Nextech AR Solutions Corp. (OTC: NEXCF) (CSE: NTAR), Himax Technologies, Inc. (NASDAQ: HIMX), Radient Technologies Inc (OTC: RDDTF) (TSX-V: RTI), Premier Health Group Inc. (OTC: PHGRF)
Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce that it has begun production of cannabis extracts at commercial scale utilizing its patented, proprietary MAP(TM) extraction technology platform.