Radient Technologies Inc RDDTF

Primary Symbol: V.RTI.H

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 > Inventory

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Post by Yourfishmanon Aug 27, 2019 6:18pm

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Post# 30072393

Inventory

The way I read the news release it states that they have a TOTAL inventory of $21.7 million of unprocessed biomass INCLUDING the $19.5 million announced in July . It does not state the value of finished product ! They could end up with oil valued at 2X , 3X or even 5x these numbers . We don’t yet know what the recovery amounts are . It could be making us Longs smile when we finally see those numbers !

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