Radient Technologies Inc. Announces Participation in a Medical Cannabis Study Led by the University Health Network in Partner...
July 17 2020 - 6:30AM
Radient Technologies Inc. (“Radient” or the
“Company”) (
TSX Venture: RTI; OTCQX: RDDTF), a
manufacturer of high quality cannabinoid-based formulations and
products, is pleased to announce that bioU products by Radient will
be available to patients in the recently announced University
Health Networks’ (“UHN”) Medical Cannabis Real-World Evidence
Study (“MC-RWE Study”) in partnership with Medical Cannabis by
Shoppers. The first-of-its-kind study will involve a
nation-wide clinical trial to examine the effects of medical
cannabis on pain, sleep and anxiety issues.
Radient developed the bioU brand exclusively for
Medical Cannabis by Shoppers and the products have been formulated
to meet the highest levels of quality, consistency, and
stability. All three oral spray formulations currently
available on the Medical Cannabis by Shoppers site will be
available to patients enrolled in the MC-RWE Study, providing
patients with a variety of options in THC and CBD products in a
convenient and standard dose format. As part of the study,
all bioU products have undergone additional testing, with results
registered on TruTrace Technologies software platform and
integrated with the Medical Cannabis by Shoppers.
“Radient strongly believes that consistency,
safety and standardization are key elements for all medical
products, and are excited to partner with UHN, Shoppers and
TruTrace on this groundbreaking study,” said Denis Taschuk, CEO of
Radient Technologies. “Providing patients and medical
professionals with trusted products that deliver repeatable results
is a crucial step in having cannabis incorporated into medical
treatments and is at the heart of all Radient products.
Shoppers is creating a standard for medical cannabis, which along
with the data from these clinical trials, will increase the
confidence of both doctors and patients in using cannabis for
medical purposes.”
About the UHN MC-RWE Study
Led by UHN's Dr. Hance Clarke, the observational
study is targeting a minimum of 2,000 patients who will be followed
over a 24-week period. Enrolled patients will have access to
certain fully verified products on the Medical Cannabis by Shoppers
platform, which have been tested for detailed cannabinoid and
terpene profiles. Read more about the study here.
About Radient
Radient Technologies is a commercial
manufacturer of high quality cannabinoid based formulations,
ingredients and products. Utilizing a proprietary extraction and
downstream processing platform that recovers up to 99% of
cannabinoids from the cannabis plant, Radient develops specialty
products and ingredients that contain a broad range of cannabinoid
and terpene profiles while meeting the highest standards of quality
and safety. Please visit www.radientinc.com for more
information.
SOURCE: Radient Technologies Inc.
For further information please contact:
Radient - Investor Relationsir@radientinc.com
Forward Looking
Information: This press release contains
“forward-looking information” within the meaning of applicable
Canadian securities legislation. Forward-looking information
includes, without limitation, statements regarding the growth of
the Company’s business operations; the Company’s participation in
the MC-RWE Study; the Company’s ability to grow its business in the
cannabis sector and the Company’s future plans. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as “plans”, “expects” or “does not
expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or state that
certain actions, events or results “may”, “could”, “would”, “might”
or “will be taken”, “occur” or “be achieved”. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Radient, as the case may
be, to be materially different from those expressed or implied by
such forward-looking information. Although Radient has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. Radient does not undertake
to update any forward-looking information, except in accordance
with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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