CBD

Rapid Dose Therapeutics Files a Patent to Synthesize THC From CBD Using a Selective Delta 8 or Delta 9 Conversion Process


BURLINGTON, Ontario, June 19, 2020 (GLOBE NEWSWIRE) — Speedy Dose Therapeutics Corp. (“RDT” or the “Firm”) (CSE: DOSE), a Canadian Life Sciences firm targeted on modern drug and lively ingredient supply options, is happy to announce it has filed a non-provisional patent with the USPTO for an “Equipment for and methodology of changing cbd and/or cbd derivatives to not less than one different kind of cannabinoid and/or cannabinoid spinoff similar to THC”. Along with McMaster College and the crew lead by Dr. James McNulty, RDT has found a brand new and environment friendly approach to create THC from CBD. This selective methodology can generate delta eight or delta 9 THC.

Jason Lewis, RDT SVP and co-inventor stated, “That is an unbelievable breakthrough for RDT and the business as a complete. Our know-how may revolutionize the way in which artificial THC is created so sufferers world wide can have entry to a constant high quality of delta eight or delta 9. As an alternative of the business being depending on the various sophisticated variables related to rising hashish and the expense of cultivating indoors, we created a technique to transform hemp-derived CBD to THC. That is the innovation required to permit pharmaceutical firms to embrace cannabinoid remedies.”

“This course of is novel and extremely environment friendly at selectively changing CBD isolate or distillate into artificial THC,” stated Dr. McNulty.  “Our collaboration with RDT has resulted in a transformative final result that we’re proud to be concerned with.  There are quite a few excessive yield derivatives we are able to management for utilizing naturally derived CBD by way of the modern conversion. My crew is worked up concerning the prospects to offer pure cannabinoids for all times science firms.”

The PCT software is a observe as much as the RDT provisional patent filed on April 5, 2019.  Mark Upsdell, RDT CEO, stated: “Regardless of the present COVID scenario creating delays across the globe, RDT stays dedicated to analysis and innovation.  Our submitting of this patent is a sign that our continued work with McMaster is aligned with our general technique to create distinctive merchandise geared toward enhancing affected person outcomes.  The flexibility to mix this innovation with our distinctive QuickStrip™ supply system will create new alternatives for RDT.”

About Speedy Dose Therapeutics

Speedy Dose Therapeutics Corp. is a publicly-traded Canadian Life Sciences firm offering modern, proprietary drug supply applied sciences designed to enhance outcomes and high quality of lives. RDT presents Fast, Handy, Exact and Discreet™ selections to shoppers. RDT is targeted and dedicated to scientific analysis and product growth for the healthcare manufacturing business — together with nutraceutical, pharmaceutical and hashish industries. Throughout the hashish sector, RDT additionally supplies a turn-key Managed Strip Service Program enabling RDT’s QuickStrip™ proprietary drug supply know-how to be licensed to pick operators in recognized markets. RDT’s service-based annuity contracts drive recurring income and facilitate speedy enlargement into rising markets throughout a number of shopper segments. RDT is dedicated to repeatedly create modern options for people, animals and vegetation.

For extra info, go to: www.rapid-dose.com

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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Sure info on this information launch could include forward-looking info throughout the which means of relevant securities legal guidelines.

Any statements which can be contained on this information launch that aren’t statements of historic truth could also be deemed to be forward-wanting statements. Ahead-looking statements are sometimes recognized by phrases similar to “could”, “ought to”, “anticipate”, “count on”, “potential”, “imagine”, “intend”, “will”, “may”, “are deliberate to”, “are anticipated to” or the destructive of those phrases and related expressions. Statements containing forward-looking info, together with, with out limitation, in respect of the supply of gear and merchandise utilizing the QuickStrip™ product supply methodology, the era of recurring revenues and the dismissal of the CTT lawsuit, categorical, as on the date of this information launch, the plans, estimates, forecasts, projections, expectations or beliefs of RDT administration as to future occasions or outcomes and are believed to be cheap primarily based on info at present obtainable to RDT administration. Ahead-looking statements essentially contain recognized and unknown dangers, together with, with out limitation, dangers related to normal financial situations; adversarial business occasions; advertising prices; lack of markets; termination of WLM agreements; future legislative and regulatory developments involving hashish; incapacity to entry adequate capital from inner and exterior sources, and/or incapacity to entry adequate capital on beneficial phrases; the hashish business in Canada usually, earnings tax and regulatory issues; the flexibility to implement its enterprise methods; competitors; forex and rate of interest fluctuations and different dangers.  Readers are cautioned that the foregoing record shouldn’t be exhaustive. There could be no assurance that statements of forward-looking info, though thought-about cheap by RDT administration on the time of preparation, will show to be correct as there could be no assurance that the plans, intentions or expectations upon which they’re primarily based will happen. Precise outcomes and future occasions may differ materially from these anticipated in such forward-looking statements. Readers mustn’t place undue reliance on forward-looking statements. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion.



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