​Radient Technologies' extraction platform to be centerpiece of Cannabis processing

Canada took one more crucial step toward cannabis legalization in recent weeks. Health Canada released a proposed regulatory approach for the forthcoming Cannabis Act. The announcement was outlined by Minister of Health Ginette Petitpas.

"Our Government is taking a public health approach to legalizing, strictly regulating and restricting access to cannabis," Minister Petitpas said in the ministry's press release. "This proposed regulatory approach is informed by the extensive consultations to date, and it supports our overarching goal of protecting public health and safety."

The Liberal Canadian government detailed their potential rules and regulations in a paper called "Proposed Approach to the Regulation of Cannabis." While there were many important implications based upon the proposed regulations, one of the winners from the outline was Radient Technologies (RTI:CA). Under the proposed guidelines, a "Licensed Processor" class would be established to permit extraction, manufacture and package cannabis derivatives like cannabinoids or CBD oils. Maintaining a permit...

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