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think of it this way..
Anandia Labs does all of the testing, or Certificate of Analysis for all Aurora product, Aurora being the first company to do this (OGI Just started doing this today).
so, if the dried product was tested prior to extraction, I don't see any issues with the results. I am more leaning towards results dealing with THC/CBD levels, purity, etc.
I also think they (aurora) are just trying to buy time to figure out how this will play out - will RTI do all of the extraction in house (phase 3 Supply agreement) or will Aurora invest in the equipment and extract their own oils (phase 3 Turnkey)
either way - like you said, everything appears to be going good.
#thumbsup
•Completed phase II of the research collaboration with Radient Technologies Inc. ("RTI"), and a report is expected from RTI, subject to confirmation of analytical results from Anandia Labs, by May 31, 2017.
•Invested approximately $3.3 million in Radient's convertible debenture and private placement financings, resulting in an 18% ownership
http://www.newswire.ca/news-releases/aurora-announces-q3-2017-results-622268693.html
Phase 3 is "turnkey" or "Supply agreement"
I hope everyone loaded up on RTI when it was sitting at .48 CDN.
going to do nothing but climb until 3rd party test results come out at the end of the month.
will only benefit Aurora as well.
pending news release.
RTI is not supplying the oil to Aurora, the oil that Aurora has currently is co2 oil, which Aurora bought the equipment themselves and produced themselves.
RTI's MAP oil is still not on any shelves, as the phase 2 results have not been released.
Should be released next week (NR noted late April release)
If anyone is interested, executive VP of Aurora Cam Battley is doing an AMA on reddit tomorrow - 19th at 4pm ET.
Lots of great questions asked.
I keep flipping other stocks and reinvesting into ACB/APH/RTI
Legislation announcements.
The entire sector is up.
1B market cap - $CDN
Aurora Borealis in the sky!!
chugchugchugchug.
$$$$$$
RTI Info.
no thread on RTI so I'll post here, as they are together under the MOU.
doing some more browsing today and I went and looked for info on radients website... and now, updated AS OF TODAY! they have Terpenes listed under results. showing MAP technology vs standard extracts.
they also have some (new?) points which include:
Radient's 1,800 square meter MAPâ„¢ Demonstration Facility is located in Edmonton, Alberta, Canada, 30 minutes from Edmonton International Airport.
In addition to being a showcase of the equipment, processes, and technologies that make up the MAPâ„¢ solution, the facility is also
•ISO/GMP-compliant
•capable of processing up to five metric tons per day of biomass, across a range of biomasses
•includes a pilot-scale plant capable of processing 500-800kg/day of biomass for very high-value extracts
http://www.radientinc.com/customer-successes#terpenes
very interesting imo.
Market Cap
does anyone know what the current MC is?
I haven't been able to find one since it moved to the TSX.
it was 791m CDN while it was on the venture. (@ 6.35 cdn/share)
just wondering how close we are to "Canada's second billion dollar cannabis company" if CGC is going to make a big deal about it, I feel like I should also. haha.
Aphria Launches US Expansion Strategy
Announces 37% interest in entity to be branded Aphria USA
http://www.marketwired.com/press-release/aphria-launches-us-expansion-strategy-tsx-aph-2207806.htm
"Aphria's success story is no longer limited to Canada," said Vic Neufeld, Chief Executive Officer. "Aphria's footprint expansion provides significant growth opportunities for our shareholders. The royalty agreement provides an additional cash flow stream to our industry leading cash flow from operations. The additional equity received for our intellectual property continues the validation of our greenhouse model. We will continue to examine other US opportunities and strive to introduce new states to Liberty's business model."
awesome close.
just keeps chuggin' along.
HMMJ Breakdown
The initial index has 16 members, the top 10 of which as of March 31 were;
Aurora Cannabis (TSXV: ACB) (OTC: ACBFF) at 10.6%,
Insys Therapeutics (NASDAQ: INSY) at 10.2%,
Aphria (TSX: APH) (OTC: APHQF) at 10.2%,
ScottsMiracle-Gro (NYSE: SMG) at 9.8%,
Canopy Growth (TSX: CGC) (OTC: TWMJF) at 9.7%,
GW Pharmaceuticals (NASDAQ: GWPH) at 9.6%,
Zynerba Pharmaceuticals (NASDAQ: ZYNE) at 7.4%,
Cronos Group (TSXV: MJN) (OTC: PRMCF) at 7.1%,
CanniMed Therapeutics (TSX: CMED) (OTC: CMMDF) at 5.0% and Organigram (TSXV: OGI) (OTC: OGRMF) at 4.8%.
The other six stocks are CannaRoyaty (CSE: CRZ) (OTC: CNNRF), Emblem Corp. (TSXV: EMC) (OTC: EMMBF), Emerald Health (TSXV: EMH) (OTC: TBQBF), ICC International Cannabis Corp (TSXV: ICC) (OTC: ICCLF), Maple Leaf Green World (TSXV: MGW) (OTC: MGWFF) and Supreme Pharmaceuticals (CSE: SL) (OTC: SPRWF).
HMMJ Breakdown
The initial index has 16 members, the top 10 of which as of March 31 were;
Aurora Cannabis (TSXV: ACB) (OTC: ACBFF) at 10.6%,
Insys Therapeutics (NASDAQ: INSY) at 10.2%,
Aphria (TSX: APH) (OTC: APHQF) at 10.2%,
ScottsMiracle-Gro (NYSE: SMG) at 9.8%,
Canopy Growth (TSX: CGC) (OTC: TWMJF) at 9.7%,
GW Pharmaceuticals (NASDAQ: GWPH) at 9.6%,
Zynerba Pharmaceuticals (NASDAQ: ZYNE) at 7.4%,
Cronos Group (TSXV: MJN) (OTC: PRMCF) at 7.1%,
CanniMed Therapeutics (TSX: CMED) (OTC: CMMDF) at 5.0% and Organigram (TSXV: OGI) (OTC: OGRMF) at 4.8%.
The other six stocks are CannaRoyaty (CSE: CRZ) (OTC: CNNRF), Emblem Corp. (TSXV: EMC) (OTC: EMMBF), Emerald Health (TSXV: EMH) (OTC: TBQBF), ICC International Cannabis Corp (TSXV: ICC) (OTC: ICCLF), Maple Leaf Green World (TSXV: MGW) (OTC: MGWFF) and Supreme Pharmaceuticals (CSE: SL) (OTC: SPRWF).
GW is priced at 120.00
could bring the price up, I cant find the percentage breakdown, but I think GW was 10%
http://web.tmxmoney.com/article.php?newsid=5452573518217642&qm_symbol=RTI
"As previously announced, Radient and Aurora entered into a memorandum of understanding ("MOU") to evaluate an exclusive partnership for the Canadian market with regard to the joint development and commercialization of superior and standardized cannabinoid extracts. The second phase of the study commenced in February, 2017 and is expected to be completed in late April, 2017."
the results of the MAP, Microwave Assisted Processing of extracts.
originally the 8 week trial was said to be completed the week of April 3rd.
hopefully some big news (8 week trials) coming out of RTI next week. should help with a pre-bump for Aurora before the 10th.
I'm going to bump this one too.
hopefully we hear some news from RTI in the next couple weeks.
that volume today. wow.
Whoop Whoop!
saved my first post for the best post.
long time lurker.