Aurora Cannabis Inc., Radient Technologies Research JV Results Revealed


Aurora Cannabis CEO Terry Booth believes Radient’s technology “will provide a substantial competitive advantage for us in addressing the high-growth concentrates market”

SmallCapPower | June 5, 2017: Aurora Cannabis Inc. (TSXV: ACB) and Radient Technologies (TSXV: RTI) Monday jointly announced what they considered the successful  completion of the Joint Venture Research Activity, confirming the effectiveness of Radient’s proprietary MAP Technology and associated continuous flow design for extracting cannabinoids from dried cannabis.

 

Back on December 14, 2016, the two companies entered into Memorandum of Understanding to develop and commercialize RTI’s cannabinoid extraction technology. The first steps of the joint venture involved assessing the feasibility of applying Radient’s proprietary technology for the extraction of cannabinoids from cannabis, including the establishment of parameters of extraction yields, recovery rates of available cannabinoids, purity of the extracts obtained, and the

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