Radiko Announces Completion of Subsequent Carson City Harvest

LOS ANGELES, CA / ACCESSWIRE / March 17, 2021 / Radiko Holdings (CSE:RDKO) (the “Company“) confirmed the completion of the second harvest for the optimized Carson City facility. Following last month’s announcement of the first harvest, Jeff Malinovitz and the cultivation team have continued to bring tremendous efficiencies to the operation and plan to have future harvests every 4-5 weeks moving forward. Included herein are pictures of the crop being dried and prepared for processing.

Steve Gormley, Radiko CEO commented, “Our Carson team has done an excellent job playing to the strengths of this hybrid greenhouse to produce premium quality product. They have strategically planned an assortment of strains and the optimal rotation cycles to get the maximum value of the footprint. The revamped operation has been customized to meet the needs of the Nevada market and we believe our customers will continue to have great success with the product.”

About Radiko Holdings

Radiko Holdings Corp. (RDKO) is a CBD and cannabis-focused brand portfolio, leveraging the potential of the plant by offering best of breed products that naturally complement today’s consumer lifestyles. The Corporation’s mission is to build and market a diversified portfolio of cannabis and CBD brands, with strategic manufacturing and distribution partnerships to support better EBITDA and margins. RDKO markets products with THC content where that practice has been legalized at the state level through either medicinal or recreational use. RDKO also markets products containing CBD in the US and internationally. The Corporation believes as the legal cannabis and CBD markets evolve, high-quality, unique products will increasingly capture market share and provide a valuable platform for growth.

For further information:

Steve Gormley
Chief Executive Officer
Radiko Holdings Corp.
12655 W Jefferson Blvd
Los Angeles, CA, 90066
Ph: +1-(323)-828-4321 or [email protected]

Media Inquiries: [email protected]

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Disclaimer concerning Forward-looking Statements

Certain statements included herein constitute “forward-looking statements” relating to the operations of the Company and its business prospects within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Additional risks and uncertainties regarding the Company are described in its publicly-available disclosure documents filed by the Company on SEDAR (www.sedar.com). The forward-looking statements contained in this news release represent the Company’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. Except as required by law, the Company does not intend, and undertakes no obligation to update any forward-looking statements to reflect, in particular, new information or future events.

SOURCE: Radiko Holdings

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