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Radient Technologies Inc. Files 17 Provisional Patent Applications for Innovating Cannabinoid Consumption Products and DevicesEDMONTON, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) -- Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce it has filed an additional 17 provisional patent applications (the “Patent Applications”) with the United States Patent and Trademark Office (the “USPTO”). These applications cover inventions related to novel and improved methods and systems of consuming cannabis extracts and cannabis-infused products, in particular for medicinal cannabis consumers. These filings bring the total number of patent applications filed by the Company in 2018 and 2019 to 60, and mark the expansion of the Company’s intellectual property in the consumer and medical sectors of the cannabis and hemp industries. Further Details: Provisional Patent Applications for Cannabinoid Consumption Products and Devices In order to meet the growing consumer demand for safe cannabinoid-infused products and devices with an improved variety of delivery methods, the Patent Applications relate to novel devices capable of accurately monitoring cannabis consumption, providing relief from cannabis-induced side effects, and delivering cannabinoid extracts via alternate pathways (e.g. nasal, oral mucosal, transdermal, etc.). Several of these inventions provide novel solutions which may reduce harm and discomfort associated with existing methods of consuming cannabis products, specifically for medicinal cannabis patients. For example, cannabis has traditionally been consumed by smoking, which has negative effects on the respiratory system. Alternatively, cannabis is often consumed orally, such as through the ingestion of cannabis ‘edibles’, which are associated with a delayed onset and bioavailability, as well as difficulties with controlling dosage. These inventions could eliminate or reduce the risks associated with cannabinoid dosage and delivery to create safer, standardized cannabinoid-infused products. The Patent Applications also disclose methods of improving the experience of cannabis consumption for medicinal cannabis patients and consumers. These include methods for allowing cannabis consumers to share experiences over social media, testing methodologies for determining consumer preferences for product selection, and monitoring user biometrics to suggest consumption schedules. The Patent Applications were first filed in the USPTO to create a priority date and allow for future filings in other selected jurisdictions, as apprpriate, including Canada. Dr. Steven Splinter, Founder and CTO of Radient, stated: “We are excited to leverage our considerable experience, research and expertise in the extraction and formulation of natural products in order to enable the development of improved cannabinoid delivery methods and devices, specifically for medicinal cannabis patients. Cannabis is becoming increasingly accepted by medical professionals as an effective treatment for a variety of illnesses and disorders. As governments all over the world continue to ease restrictions surrounding science and research-backed cannabinoid-based medicines and treatments, there is a strong need for safe, standardized products that can be trusted by the healthcare industry, and more importantly, by patients consuming cannabis products for medical purposes. By looking ahead and envisioning how our unique, high-grade extracts may be used by consumers globally, Radient is establishing a commanding and sustainable advantage over competing technologies and competitors.” About Radient SOURCE: Radient Technologies Inc. Denis Taschuk, Chief Executive Officer, [email protected], Mike Cabigon, Chief Operating Officer, [email protected], Caitlin Cheadle, Director of Communications, [email protected] Forward Looking Information: NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |