August 14, 2019 - Preferred Dental Technologies Inc. (CNSX:PDTI.CN) US(OTC:PDTTF) is pleased to announce that industry pioneer Martin Moravcik has agreed to join its board of advisors as the Company continues to develop its Hemp and CBD initiatives.
Mr. Moravcik has one of the longest running bios in the industrial hemp and CBD industries in Canada. In 1995, Mr. Moravcik partnered with Manitoba Agriculture to successfully oversee and develop the first industrial hemp trial crops in the province.
Building on his work since the early 90's, in 1997, Martin became a key contributor to the development of Health Canada's Industrial Hemp Regulations. In 1998, he co-founded Manitoba Harvest Hemp Foods, and in his role as VP of Operations and VP of Research &Development, Martin developed processes for Hemp Seed Oil, Hemp Hearts, Hemp Milk (Bliss), Hemp Protein Powder and Hemp Seed Butter.
With Manitoba Harvest being recognized as the world's largest vertically-integrated hemp food manufacturer, Tilray purchased it in February 2019 for $419 million Canadian.
Currently, Mr. Moravcik is President of Plains Industrial Hemp Processing Ltd., North America's leading provider of industrial hemp fiber and hurd products applying over 30 years of hemp processing experience. In addition, there are some CBD initiatives under development at this time.
Mr. Moravcik clearly had a vision for the industry and was one of the first people to help advance this vision into developing the current hemp phenomena into reality. With experience in business, regulatory and government partnerships, product and formulation development, Mr Moravcik brings a truly unique skill set to the company and a track record of success.
PDTI President, Erik Siegmund stated, "In keeping with our core practice of surrounding ourselves with world class experts such as those found on our dental advisory board, Mr. Moravcik brings expertise to our hemp and CBD initiatives that are second to none. In our discussions with Mr. Moravcik, we have found someone not only with a strong history and presence in the field, as well as a wealth of practical knowledge, but also with a sense of vision for the industry. A vision we are pleased to share. His knowledge and contacts will be an invaluable addition to the company, and we feel the best is yet to come."
More information by Mr. Moravcik himself on his role in legalizing industrial hemp in Manitoba can be seen here:
Preferred Dental technologies Inc. (PDTI) has been established to advance development and commercialization of various evolutionary and disruptive technologies in the dental implant industry.
MISSION - INNOVATIVE & PRACTICAL SOLUTIONS FOR THE DENTAL INDUSTRY
On behalf of Preferred Dental Technologies Inc.
Chief Executive Officer
All product names referenced herein are trademarks of their respective companies.
This news release may contain forward-looking information which is not comprised of historical facts.
Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither The Canadian Securities Exchange nor its Regulations Services Provider (as that term is defined in the policies of The Canadian Securities Exchange accepts any responsibility for the adequacy or accuracy of this release.