Preferred Dental Technologies Inc. ("Company") Announces "PDT Wellness" Initiative and the Introduction of New Organic, ...
October 31 2018 - 9:29AM
InvestorsHub NewsWire
Preferred Dental
Technologies Inc. (“Company”) (CSE: PDTI, US OTC: PDTTF): Announces “PDT
Wellness” Initiative and the Introduction of New Organic,
Pharmaceutical Grade CBD Products for Dental
Offices
Winnipeg, MB
-- October 31, 2018 -- InvestorsHub NewsWire -- PreferredDental
Technologies Inc. (PDTI), through its wholly
ownedsubsidiary Preferred Dental Implant Corp. (PDIC), is pleased
to announce theintroduction of "PDT Wellness", a line of products
designed for dental offices and beyond; dedicatedto innovative
health care for the patient. This new venture consists oflaunching
a series of products composed of highest quality,
organic,pharmaceutical grade cannabidiol (CBD) grown, harvested and
manufactured in theUS. CBD is one of the non-intoxicating
components of hemp, and one that hasindicated significant
supplemental medicalbenefits.All "PDT Wellness" products are THC
free and will be marketed wherepermitted following individual state
and federal regulations.
The growing body of
research surrounding the effectiveness of CBDassisting in providing
some relief of pain and anxiety is incredibly promising.With this
in mind, PDTI as part of its mission statement of
providinginnovative solutions in the dental market has been keeping
an eye on thisdeveloping field for some time. We are pleased to
announce today theculmination of this project. PDIC has negotiated
a turn-key supply operationincluding fulfilment center capable of
delivering the highest quality pharmaceuticalgrade CBD to the
dental market.Initialproduct suite includes soft gel capsules and
sublingual tincture deliverymethods in a variety of dosage
concentrations and we expect other products tofollow as we continue
to grow.
The current opioid
epidemic that has rocked the healthcare industry hasbrought further
attention to the potential of CBD supplements,deemed as a safe
alternative method to consider when addressing pain and
otherpatient symptoms. This is particularly true in the dental
space, whereaccording to many estimates, dentists prescribe 12% of
all immediate releaseopioids in the US (including 50% of all
opioids prescribed to adolescents),second only to family physicians
(15%) according to FDA numbers. They are alsoone of the
professional groups least likely to provide long term
patientfollow-up on these prescriptions. Because of this, the
American DentalAssociation has stated that, "dentists play a
keyrole in addressing the opioid crisis" and this past summer,has
been crafting new policy to better address this issue. The
availability ofCBD as a treatment option in other health care
sectors has already begun toshow signs of reducing the effects and
use of opioids.
With the increasing
interest in CBD as a supplement and alternativetreatment method,
questions of product quality are a major concern for healthcare
providers and these legitimate concerns are likely to increase.
Healthcare professionals may feel hesitant to provide CBD options
to patients becauseof unknownquality and source of supply. For this
reason, PDIC through its "PDT Wellness" line is proud to announce
that every case of ourproduct will contain a full lab report of the
product contained within. All "PDT Wellness" products
are:
- Highquality, pharmaceutical grade CBD
- Organicallygrown in the US
- Fullspectrum (containing a range of accepted cannabinoids such
as CBDa, CBG andterpenes for superior
effect)
- Nanoemulsion technology creates smaller particles for greater
bioavailability andabsorption
- Free of contaminants such as pesticides and heavy
metals
This will provide
"PDT Wellness" products with a longevity mostcompetitors lack.
While others chase trends, PDIC aims to provide solutionsrequested
by healthcare professionals, through individual consultation
andsurveys of concerns, wants and needs.
We have been
developing our sales team over the past several months andwe
anticipate we will have further updates shortly specifically
addressingprogress made. In addition to the EAS Series dental
implant components, oursales representatives are excited to begin
introducing CBD based products todentists and oral surgeons for
their consideration.We are expecting product to be availablewithin
three weeks' time.
PDTI President, Mr.
Erik Siegmund stated, "Obviously we are incredibly excited to bring
news of this development toour shareholders. Regardless of the
skill of the dental professional, in thepublic eye a visit to the
dentist is associated with stress and pain. Thegrowing research
literature on CBD supplements as an available option toconsider in
addressing these symptoms provides an alternative for
preciselythese areas making it a natural fit. Additionally, the
data on anti-inflammatory qualities of CBD to date isimpressive
suggesting a strong role in post treatment healing.PDTI was founded
on bringing innovative andpractical solutions to the dental
industry. Our original EAS Series of dentalimplant components, our
branching into digital 3D print solutions and now the "PDT
Wellness" line of CBD products all embody this spirit, one whichwe
plan to continue to grow as the company does. I would like to give
thanks tothe efforts of our Advisors, Board members and all
resource personnel we haveengaged with, for spearheading this
initiative."
About
PDTI
PreferredDental
technologies Inc. (PDTI) has been established to advance
development andcommercialization of various evolutionary and
disruptive technologies in thedental implant
industry.
MISSION - INNOVATIVE
& PRACTICAL SOLUTIONSFOR THE DENTAL INDUSTRY
Visit: www.preferreddentalimplant.com
www.prefdent.com
Onbehalf of Preferred
Dental Technologies Inc.
Erik Siegmund
ChiefExecutive Officer
Email: info@prefdent.com
Tel:204.691.3722
www.prefdent.com
This news release
maycontain forward-looking information which is not comprised of
historical facts.
Forward-looking
informationinvolves risks, uncertainties and other factors that
could cause actual events,results, performance, prospects and
opportunities to differ materially fromthose expressed or implied
by such forward-looking information. Forward-lookinginformation in
this news release may include, but is not limited to, theCompany's
objectives, goals or future plans. Factors that could cause
actualresults to differ materially from such forward-looking
information include, butare not limited to, those risks set out in
the Company's public documents filedon SEDAR. Although the Company
believes that the assumptions and factors usedin preparing the
forward-looking information in this news release are
reasonable,undue reliance should not be placed on such information,
which only applies asof the date of this news release, and no
assurance can be given that suchevents will occur in the disclosed
time frames or at all. The Company disclaimsany intention or
obligation to update or revise any forward-looking
information,whether as a result of new information, future events
or otherwise, other thanas required by law. Neither the Canadian
Securities Exchange nor itsRegulations Services Provider (as that
term is defined in the policies of TheCanadian Securities Exchange
accepts responsibility for the adequacy oraccuracy of this
release.
SOURCE: Preferred
Dental Technologies Inc.
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