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.

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Radient Technologies Inc > Radient Technologies Enters Sale Leaseback Arrangement

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Comment by lscfaon Jan 14, 2020 11:05am

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Post# 30550892

RE:Radient Technologies Enters Sale Leaseback Arrangement

Co. has spent over $20 million on I and II already so to sell all 3 for $20 million is at a loss!

JLUTZ1 wrote:
Radient Technologies has entered into a binding letter of intent for a sale leaseback transaction involving all three of its Edmonton facilities. The binding LOI will see the property sold for $20 million in total.

https://thedeepdive.ca/radient-technologies-enters-sale-leaseback-arrangement/