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 > Loan shark director

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Post by lscfaon Feb 28, 2020 7:40pm

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Loan shark director

In January 2020, the Company entered into a loan agreement with a director of the Company for a flow through loan from a third-party lender for $2.5 million of short term financing. The loan bears interest at 21.0% and is due on demand.

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