Radient Technologies Inc.

Recent News

  • Radient Amends Loan Facility as Part of Restructuring Plan

    Edmonton, Alberta--(Newsfile Corp. - April 4, 2022) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, announces the Company has amended the terms of an existing $8.5 million secured loan facility with Moskowitz Capital Mortgage Fund II Inc., an arm's length party ("Moskowitz").The interest rate has been reduced to the greater of 9.99% or the Bank of Nova Scotia prime rate plus 7.54% per annum, revised downward...

    2022-04-04 4:30 PM EDT
  • Radient Announces Fiscal Q3 2022 Financial Results

    - Pre-roll equipment installation complete, preparing product launch,- Revenue ramps up, operating costs decline for the nine-month period.Edmonton, Alberta--(Newsfile Corp. - February 28, 2022) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, reports its financial results for the third quarter ended December 31, 2021. Recent key achievements:Completed the acquisition of Tunaaaaroom Xtracts Inc. ("TRX"), for the development...

    2022-02-28 6:30 PM EST
  • Radient Completes Acquisition of Tunaaaaroom Xtracts and Makes Corporate Announcements

    Edmonton, Alberta--(Newsfile Corp. - January 28, 2022) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, is pleased to announce that it has successfully completed the Company's previously announced acquisition of all of the issued and outstanding securities of Tunaaaaroom Xtracts Inc. (the "Target"), an Alberta cannabis company (the "Acquisition"). The terms of the Acquisition were set out in a share exchange agreement effective November 29, 2021,...

    2022-01-28 7:30 PM EST
  • Radient Announces Partnership with All Good for Cannabis Pre-Roll Production and Provides Shareholder Update

    Edmonton, Alberta--(Newsfile Corp. - January 5, 2022) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, announces a partnership agreement with All Good Collective Corp. ("All Good") to produce unique cannabis pre-roll products and provides a shareholder update.Cannabis Pre-Roll ProductionRadient has entered an agreement with All Good to design and supply a modular-designed assembly and packaging facility to produce cannabis pre-roll products. The facility will operate in...

    2022-01-05 6:30 PM EST
  • Radient Announces Closing of Upsized Private Placement Financing and Announces Shares for Debt Settlements

    Edmonton, Alberta--(Newsfile Corp. - December 31, 2021) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel and high-quality cannabis extracts and packaged products, announces that it has upsized and closed its previously announced non-brokered private placement financing (the "Offering"). For more information about the Offering, please see the Company's press release dated December 15, 2021, which is available under the Company's profile on SEDAR at www.sedar.com. Pursuant to the Offering, the Company has...

    2021-12-31 6:30 PM EST
  • Radient Receives Dried Cannabis Sales Licence from Health Canada and Announces Private Placement Financing

    Edmonton, Alberta--(Newsfile Corp. - December 15, 2021) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel and high-quality cannabis extracts and packaged products, is pleased to announce it has received from Health Canada an amendment to its Standard Processing Licence for the sale of dried and fresh cannabis products to authorized cannabis retailers and Sale for Medical Purposes licence holders. The Company has also received from Health Canada a Sale for Medical...

    2021-12-15 7:30 AM EST
  • Radient Technologies Inc. Announces Q2 2022 Financial Results

    Close of definitive agreement with Tunaaaaroom Extracts Inc. ("TRX")Imminent Launch of HighGrade Supply Ltd. ("HighGrade") products related to hydrocarbon extractsRamp in revenues by 46% from Q1 2022 and a further reduction in operating costs of almost 20% from Q1 2022 to move towards operating profitability Edmonton, Alberta--(Newsfile Corp. - November 29, 2021) - Radient Technologies Inc. (TSXV: RTI) (OTCQX: RDDTF) ("Radient" or the "Company"), a manufacturer of high-quality cannabinoids-based formulations and products today announced its results for the quarter- end...

    2021-11-29 7:00 PM EST
  • Radient Technologies Inc. Announces Q1 2022 Financial Results

    - Q1 2022 represents the Company's first quarter of increased revenues as a result of introducing Radient-branded products to the consumer market- Further reduction in operating costs by over 55% to move towards operating profitability- Provides updates on M&A ActivitiesEdmonton, Alberta--(Newsfile Corp. - October 6, 2021) - Radient Technologies Inc. (TSXV: RTI) (OTC PINK:...

    2021-10-06 8:15 AM EDT