TSXV:RTI.H - Post by User
Post by
pantherfaceon Apr 27, 2017 3:14pm
109 Views
Post# 26175666
IMPORTANT REMINDER for the impatient
IMPORTANT REMINDER for the impatientRemeber the press release that cam out 7 days ago? Yeah....7 days ago. They said they'll make an announcement soon. Some of you are worse than kids on a car trip. ARE WE THERE YET????? ARE WE THERE YET???? JEEEEEEZZZZZZZ. https://www.newswire.ca/news-releases/aurora-commences-sales-of-cannabis-oils-619938633.html The Company recently signed a Memorandum of Understanding with Radient Technologies Inc. ("RTI") with regards to the joint development and commercialization in Canada of superior and standardized cannabinoid extracts produced using RTI's high-throughput, terpene-preserving, proprietary extraction technology.
"The strategic partnership with RTI has the potential to be a game changer in this high-margin, high-growth segment of the cannabis market, "said Terry Booth, CEO. "If the technology works as we anticipate, Aurora will be able to produce high volumes of terpene-rich cannabis derivatives at lower costs and much shorter harvest-to-market times than any company using current industry benchmark technologies. This would give us an even stronger competitive advantage in what may well become the dominant market segment. The launch of sales is the first step in establishing our brand in the derivatives market, and we are very pleased that we are able to expand our offering to a customer base looking for alternative methods to consume cannabis."
The companies' technical feasibility and commercial opportunities study currently underway is proceeding well, and is expected to be completed soon.
What part of this do you not get???