BURLINGTON, Ontario – November 9, 2021- Rapid Dose Therapeutics Corp. (“RDT” or the“Company”) (CSE: DOSE), a Canadian biotechnology company revolutionizing drug delivery through innovation, has completed a significant shipment of more than 500,000 QuickStrip™ units infused with Thrive Cannabis Inc.’s (“Thrive”) THC and CBD cannabis oils.
Currently sold in Ontario, Saskatchewan, Alberta, and British Columbia, RDT’s QuickStrips are sold under Thrive’s Being™ brand of THC and CBD 10mg oral strips.
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TORONTO, July 09, 2021 (GLOBE NEWSWIRE) -- Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) a marketplace platform for cannabis and wellness products, is very pleased to announce that its subsidiary, CannMart Inc. has signed a Master Distribution Agreement with Rapid Dose Therapeutics Corp. (“RDT”) (CSE: DOSE). As part of this agreement and subject to certain criteria, CannMart will be the exclusive distributor of their innovative RDT branded products across Canada including:
1. QuickStrip™, a 10 mg THC sublingual oral dissolving strip, infused with cannabis that is delivered quickly into the bloodstream bypassing first-pass metabolism resulting in rapid onset of the active ingredient and;
2. QuickSips™, a 10 mg THC lined drinking straw that is 100% biodegradable made from sugarcane fibres which is easily used in hot or cold beverages lined with a precise dose that dissolves quickly and is taken up with your beverage in a few sips.
“We are excited to enter into this agreement with RDT to distribute their innovative cannabis products,” said Meni Morim, CEO of Namaste. “As we continue to build a wide spectrum of cannabis products that offer both traditional and newer delivery platforms, and we are pleased to be entering a new category with the addition of the QuickStrip™ and QuickSips™ line of products. CannMart continues to rapidly increase its SKU count which now stands at approximately 700 and receives a record number of requests from vendors across North America to list their products onto our innovative marketplace platform. We are confident this will be a successful partnership with RDT and we look forward to achieving our growth objectives.”