Radient Technologies Inc V.RTI.H

Alternate Symbol(s): RDDTF

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.

TSXV:RTI.H - Post by User

Radient Technologies Inc

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Post by smith777on Mar 09, 2017 10:17am

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Post# 25956703

Radient Closes Private Placement for Proceeds of $6.9 Millio

Open your eyes - deal with aurora has been closed a while ago, phase 2 testing is only for paperwork.

The proceeds of the Offering are expected to be used for the acquisition of analytical and production equipment for quality and purity tests, improvements to the plant to accommodate cannabinoid production and general working capital.

https://www.marketwatch.com/story/radient-closes-private-placement-for-proceeds-of-69-million-including-full-exercise-of-over-allotment-option-2017-03-09-91602314

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How this company is transforming the immersive tech industry