Bullboard - Stock Discussion Forum Rapid Dose Therapeutics Corp C.DOSE

Alternate Symbol(s): RDTCF

Cannabis

Rapid Dose Therapeutics Corp. is a Canadian biotechnology company. It provides disruptive drug delivery technologies designed to improve patient outcomes. Its flagship product, QuickStrip, is a thin, orally dissolvable film that can be infused with an infinite list of active ingredients, including nutraceuticals, pharmaceuticals, and vaccines, that are delivered quickly into the bloodstream... see more

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Rapid Dose Therapeutics Corp > Sales increase

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Post by lscfa on Oct 28, 2021 10:05am

Sales increase

For the quarter ended August 31 2021, the Company recognized revenue of $324,640. Sales for the quarter ended August 31, 2021 resulted from shipments of cannabis infused strips produced for Aphria Inc. and Thrive Cannabis. The Company began producing strips for Aphria Inc. upon receipt of a Purchase order for 1,118,000 strips. Sales of other products are awaiting regulatory approvals in Canada, the United States and in the United Kingdom. These approvals remain in process as of October 27, 2021 reflecting the impact of COVID and delays experienced in regulatory processes in Canada and other jurisdictions.

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