quarterly earnings benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Radient Technologies Inc.: Radient Technologies Announces Strategic Licensing Agreement with HighGrade Supply Ltd.
Edmonton, Alberta (Newsfile Corp. - May 5, 2021) -
Radient Technologies Inc. (
TSXV: RTI) (OTC Pink: RDDTF) ( Radient or the Company ) is pleased to announce an exclusive licensing and extraction agreement with HighGrade Supply Ltd., ( HighGrade ) to manufacture a wide range of premium concentrates for sale into both the medicinal and rapidly growing recreational cannabis markets in Canada. The agreement grants Radient the exclusive rights to the HighGrade technology, HighGrade IP, and established cannabis culture legacy brand. The HighGrade team has been innovating and perfecting cannabis processing technology in Canada for the last decade. The team has experimented with every viable extraction technology in the market and are set to release a wide range of top quality and affordable cannabis products across the country for the recreational, medical, and wholesale
Econ Corp Services DBA Investorideas com: Cannabis 2 0 Is Really Here - New Distribution and R&D Bolster Extract Capabilities finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Radient Technologies Inc. Releases Third Quarter 2021 Financial Results
Edmonton, Alberta (Newsfile Corp. - March 1, 2021) -
Radient Technologies Inc. (
(
OTC Pink: RDDTF) ( Radient or the Company ) , a manufacturer of high-quality cannabinoids based formulations and products today announced its results for the third quarter ended December 31, 2020 and provided an update on its recent corporate developments.
Fiscal Q3 Highlights and Subsequent Events
Business Developments
Radient continued the transformation of its business by successfully launching a wide range of Cannabis 2.0 products in Canada utilizing its Sales License in the provinces of Alberta, BC, Manitoba and Saskatchewan This is a part of a broad strategy to introduce Radient branded products in the growing recreational market for Cannabis 2.0 products in Canada. For the quarter, the sales volumes were driven by the Company s products in the concentrate and vapes categories. The market for premium concentrates is
Radient Technologies Inc.: Radient Technologies Announces Shares for Debt Arrangements and Grants Stock Options
Radient Technologies Inc. (
TSXV: RTI) (OTCQX: RDDTF) ( Radient or the Company ), a manufacturer of high quality cannabinoid based formulations and products, announces that it has entered into a series of shares for debt arrangements with various creditors for up to $6M at a deemed value of $0.11 per share. This includes $2.2M of conversion of secured debt from Akaura Holdings and an additional $1M of conversion of indebtedness into shares by Fillmore Construction Management. This is a part of the growing faith and confidence in the business prospects for Radient in 2021 and steps initiated by the new management to turn the business into a positive operating cash flow in 2021. It also forms a core part of the management strategy to de-lever Radient s balance sheet to position Radient to execute and deliver on its business plans. The management is committed to achievin