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Looks like something is happening .03 on the US side and 4million traded already
Radient Announces Q2 2023 Financial Results
Radient continues to implement its restructuring plan. The Company intends to focus on the Company's hydrocarbon concentrate product lines and may likely cease the production of cannabis pre-rolls products. Sales of hydrocarbon concentrates continue to improve, and the Company is receiving repeat-customer orders and positive product reviews.
https://finance.yahoo.com/news/radient-announces-q2-2023-financial-004200696.html
It's been six weeks since this news so I'm hoping the restructuring with the lender is taking place. We know the products are popular because they are Top 10 in SK, and have been for months. To me the $1+ million quarter was respectable considering the circumstances. Hopefully we get positive news on the loan restructuring so they can continue to build on it. Fingers Crossed :) GLTA
Headset Data Updates Weekly
https://www.headset.io/the-best-selling-cannabis-products/saskatchewan-concentrates
**NEWS** Radient Appoints Interim CEO, Appoints Director, and Announces Financing
Jocelyne Lafrenière, Interim Chair of the Radient Board of Directors commented, "On behalf of the Radient Board of Directors, I would like to welcome Steven as interim CEO, and welcome Dimitris back to the Radient Board of Directors. We are very pleased that they will contribute their skills and experience to the Radient leadership team. I would also like to thank Harry for his contribution and leadership during his tenure as CEO where he led the restructuring efforts of the Company."
Mr. Tzanis added, "Having served as a director in previous years, I am absolutely delighted to return and contribute to the Company's restructuring efforts."
https://finance.yahoo.com/news/radient-appoints-interim-ceo-appoints-232400853.html
Happy to see the founder of the company taking a bigger role in the turnaround. Usually no one with more skin in the game than the founder. Even happier to see Radient with 4 of the Top 10 selling concentrates in Saskatchewan, according to recently updated Headset Data for the province.
These Include the #1 best selling concentrate Tunaaaa Room House Shatter .5g, #4 Tunaaaa Room House Shatter 1g, #5 Tropical Distillate 1g, and #8 Tunaaaa Room Peanut Butter Distillate. They also have a Top 10 selling Vape Cart at #5 with Mango Lemonade Distillate. SK seems to love Radient's value priced dabbable distillates.
To me this is a remarkable achievement for a nano cap really just getting started (again). For RTI to hold such a dominant position in a major category like this is a testament to the hard work the team is doing on the turnaround. Looking forward to seeing them break the Top 10 in other provinces :) glta
Headset Data Updates Weekly
https://www.headset.io/the-best-selling-cannabis-products/saskatchewan-concentrates
**NEWS**Radient Announces Hydrocarbon Commercial Production, Pre-Roll Sales Growing Across Canada
Radient's hydrocarbon initiative has successfully achieved commercial production. Radient is now delivering some of the highest quality and highest purity cannabis 2.0 products available in Canada, including distillates and isolates of products including THCa Crystalline, Delta 8 THC, CBG, CBN and hydrocarbon products such as High Cannabinoid Full Spectrum Extracts (HCFSE), High Terpene Full Spectrum Extracts (HTFSE), Crumble, Shatter, Live Resin, Budder, Terp Diamonds and more.
https://finance.yahoo.com/news/radient-announces-hydrocarbon-commercial-production-012300241.html
Happy to see that Radient has delivered on it's promise to begin commercial production and distribution of Cannabis 2.0 concentrates with partner HighGrade. This plus the pre-roll partnership with All Good taps the fastest growing categories in the US and Cannada. These are the categories with margins high enough to prosper where flower currently is high cost low margin. Believe the Cannabis 2.0 LP's like Radient will be first to profits. My only suggestion is to get into infused pre-rolls, which is the fastest growing category of all.
Will update when I see new HighGrade produced concentrates on the market. Radient has been through the ringer recently but all signs are looking up to me. Congrats to the RTI team!!! glta
https://www.instagram.com/allgood_collective/?hl=en
TRX Dried Flower Now Available In Alberta...
Was glad to see two new reviews for TRX dried flower on Reddit. Both were positve with nice closeups of the frosty buds. It's good they are getting into the largest cannabis category for sales with a well known legacy product from TRX. Thinking this will be a big seller for Radient at a reasonable price for ultra-premiun flower. Will upate when I see it in other provinces. Hearing on other boards HighGrade is getting ready to launch concentrates. I'll be watching :) Congrats to the Radient team!!! glta
TRX(TUNAAAAROOM) Night Cap 23.2 %THC_Alberta
https://www.reddit.com/r/RecPics/comments/v9hpkz/trxtunaaaaroom_night_cap_232_thc_alberta/
Red Eyes - TRX (AB) 3.5g - 25.1%THC
https://www.reddit.com/r/RecPics/comments/va32c4/red_eyes_trx_ab_35g_251thc/
All Good Pre-Rolls Sold Out In BC (Again)...
It appears All Good pre-rolls are a hit in BC. This is the second sell out in the last four weeks. Hopefully BCCS will place a real big order for restock.
People seem to like cigarette style pre-rolls. Possibly current or ex-smokers comfortable with a familiar shape and package style. The ones with the pig tails do look silly and obvious :) All Good is more incognito :) Looking forward to seeing more A G offerings coming to market.
I've also seen posts about a new Radient flower brand coming out called Social Gatherings. I'll keep an eye out for that, and update as new things arrive.
According to this press release All Good made an agreement in the US to provide pre-roll manufacturing equipment to a LP in California. Sounds similar to the one made with Radient. Not sure if Radient is any way involved with this venture. Hope so :) Fingers Crossed... glta
https://finance.yahoo.com/news/lowell-farms-acquire-automated-pre-122700436.html
All Good Collective Pre-Rolls Sold Out In BC...
Only took a few days to sell out on the BC Cannabis Stores website. Could have been a BCCS test run to see how they would sell. Hopefully now BCCS makes a much bigger order to restock ASAP. All Good's Chill Northern Lights Pre-Rolls look like a hit in BC. Like :) Will update when restocked @ BCCS, and available in other Provinces. Congrats to the team on the sell out!!! Keep it coming!!! glta
Canadian pre-rolls still No. 2 cannabis category, outpacing total market sales growth
https://mjbizdaily.com/canadian-pre-rolls-still-no-2-cannabis-category-outpaces-total-market-sales-growth/
Radient Launches All Good Collective Pre-rolls In BC...
Smart they started with popular Northern Lights indica flower with high thc levels for their introduction. All Good is using cigarette style pre-rolls, which have been big value sellers for Back 40, and Redecan. Both are currently sold out online leaving All Good the only cig style pre-roll available. All Good has higher thc levels and sells for almost double the other two.
The product stands out from the PACK with a black filter stamped AG in white. They come in a humidistat pack for freshness. Looks like a high end version of a cig style pre-roll which is unique at the moment. This seems like a good start in the right direction to me. Now lets get started on infused cig style pre-rolls/milled flower and make some first mover money :) Congrats to the RTI team!!! glta
Here's the online description...
All Good Chill pre-roll 10 packs are an indica-dominant blend filled with 3.5g of large premium buds. All Good Chill, slim cigarette style pre-rolls are packaged in a special humidistat wrapper to maintain the pre-rolls' flavour and aroma. This indica-dominant strain has a special balance of earthy, pepper and diesel aromas. All Good Chill pre rolls are specifically designed and engineered for the cannabis connoisseur. Expect resin drenched and trichome frosted buds with high THC and terpene profiles.
Check it out online...
https://www.bccannabisstores.com/collections/pre-rolls/products/chill-northern-lights-pre-rolls
Sounds good, I'll be watching THX.
420 is right around the corner and there are tons of new cannabis products coming to the market. Of course I can’t spoil all of them but here is a sneak peak at what to expect within the next month. Be sure to check out a Budders Cannabis store near you to shop the latest new drops this 4/20.
Chill 420 Pre-Rolls by All Good Collective - Indica - 20-28%
Chill 420 pre roll 10 packs are an Indica dominant blend, filled with 4.2g of large premium buds. The selection process is very strict and only the highest grade of flower is selected, that has been grown, cured, and manicured of the highest standard. 420 packs come in a slim cigarette style pre roll and are packaged in a special humidistat wrapper to maintain the pre rolls flavor and aroma. Chill 420's are specifically designed and engineered for the cannabis connoisseur. Expect the ultimate entourage effect in your next Chill 420 pack with high THC and terpene percentages.
https://budderscannabis.ca/blogs/cannabis-dispensary/4-20-new-cannabis-products-in-ontario-retail-stores
Found this listing for All Good Pre-rolls on the Budders Cannabis website. I'll update after the 420 release with the prices. Glad to see Radient moving new product into the market in time for the high sales summer season. Hoping the wildly popular infused pre-rolls are coming next. Along with infused milled flower for the convenience customers. TRX could be first to market with milled infused flower. If they can make it 40%+ and taste good they'd make a mint :) Fingers crossed!!! glta
Deep dive on the Aurora / Radient partnership...
‘It’s Easier to Sell a Dream Than Reality’: Inside Canada’s Cannabis Crash
In an email from his public-relations agency, Terry Booth refuted the claims of the class-action suit and pointed to a motion to dismiss the lawsuit, which has been filed on several grounds. Aurora’s legal team says that the lawsuit is generally deficient, its allegations are based solely on hindsight and it should be struck out. The motion contends, among other things, that the claims related to Radient are purely speculative, the plaintiffs fail to allege facts that support any evidence of a round-trip transaction and there is nothing unusual about a sell-and-hold transaction—in this case, where the product sold to Radient (biomass) was different from the product purchased from Radient (extract).
Radient, which is not a defendant in the suit, did not respond to my requests for comment. According to corporate documents from 2020, “Aurora ceased to have significant influence over the Company [Radient] as a result of no longer having a director on the Company board and their ownership dropping below 10 per cent of the Company and therefore were no longer considered a related party to the Company.”
https://www.canadianbusiness.com/ideas/canada-cannabis-stocks-crashing/
The headline for me is Radient is not a defendant in the suit. This is all water under the bridge now, but still a interesting snapshot of the hype and excesses of the time. The former Radient insider sounds like she's relieved to be out of the cannabis business, but still rooting for Radient to succeed in its present form. I'm rooting for Radient too :) glta
Hey SG, Congrats on the gain. I'll keep updating what I find. good luck :)
Out for now,small gain here, my return if they get their act together. Later !!
THX. for the information
Aurora still a strategic partner on Radient's website. FWIW, I've heard on other boards they still have a sizeable position. If Radient can develop some popular brands maybe Aurora or someone else would acquire them. Fortunately TRX has a good reputation in the legacy market to build on. Still seeing TRX products online. Will update when the new pre-rolls and concentrates arrive. GL SG!!!
https://www.instagram.com/p/CbiSjRqJNzS/
RDDTF stock still affiliated with ACB ?? Anybody..
**NEWS** 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.
https://finance.yahoo.com/news/radient-announces-fiscal-q3-2022-233000203.html
Hello jp68, Thanks for the heads up on the quarterly report!!!
Happy to hear they'll be launching pre-rolls in March. Right now infused pre-rolls are hot, and disappear quickly online. Regular pre-rolls disappear too if they are high thc (25%+) at a reasonable price. If it were me I'd focus on infused products using in-house concentrates infused in Tunaaaaroom flower. Sounds like a winning combination to me :) Good luck jp68 & glta!!!
**NEWS** 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").
https://finance.yahoo.com/news/radient-completes-acquisition-tunaaaaroom-xtracts-003000046.html
This should be a smooth transition since TRX has been working with Radient for over a year now. They bring Radient a vast genetic library tested over years in the legacy market. They also have a understanding of the legacy culture for marketing to legacy customers. This is still a largely untapped well of customers that needs to be fully tapped.
With Radient's low cost extraction abilities they can now compete with the grey market using a well known legacy brand. Same goes for HighGrade coming in from the legacy market as a well respected brand. Hopefully they will bring other legacy brands to Radient in the future.
Now that TRX are stakeholders it would be to their advantage to bring in as many as possible. Make Radient a happy landing place for legacy brands transitioning to legal. Bonus they will bring their loyal customers with them. Off to a good start with two of the best Tunaaaaroom and HighGrade. Congrats to the RTI team!!! Like :)
https://tunaaaaroomxtracts.ca/collections/
https://www.yahoo.com/now/radient-technologies-announces-licensing-agreement-213000931.html
Annual and Special Meeting of the Shareholders Dec 29, 2021
**NEWS** Radient Announces Partnership with All Good for Cannabis Pre-Roll Production and Provides Shareholder Update
Radient now plans to produce and sell cannabis pre-roll products to licenced retailers in Canada. The pre-roll design parameters include a cigarette-style cylinder format and craft grown, terpene rich, high THC, non-irradiated cannabis. Pre-roll units will be packaged in a high quality 10-unit humidity protected box and will be marketed to discerning cannabis users.
https://finance.yahoo.com/news/radient-announces-partnership-good-cannabis-233000101.html
Smart move going into pre-rolls with the category currently growing faster than dried flower, which is saturated at the moment. Also in demand are infused pre-rolls that are just getting started in Canada.
Happy to see they are staffing up to start producing pre-rolls right away. Sounds like the pre-roll launch will coincide with the launch of new HighGrade products, along with new Atomic EH products.
Wheels are rapidly turning at RTI. Big Congrats to the Radient team on the new partnership with All Good Collective. Like :) glta
**NEWS** Radient Announces Closing of Upsized Private Placement Financing and Announces Shares for Debt Settlements
Certain insiders of the Company have directly or indirectly purchased an aggregate of 12,014,988 Units pursuant to the Offering for gross proceeds of $720,899.
https://finance.yahoo.com/news/radient-announces-closing-upsized-private-233000204.html
Glad to see Radient insiders taking part in the financing. Insiders don't usually invest their own cash without high hopes of getting it back, and then some. This is always a good sign to me.
This $2M cash infusion should go a long way building inventories for the higher volume spring and summer seasons. Harry doing a good job chipping away at the debt while still increasing production.
Feeling more confident now that they have added working capital for ramping up TRX and HighGrade products. Should be hearing something on the TRX acquisition soon. Fingers Crossed :) Happy New Year!!! glta
Agree Guns, Now they have the license they need to produce infused pre-rolls, which are big sellers in the US markets. Radient will be a first mover on this product in Canada if they act quickly.
With Radient's 3rd quarter coming to a close this month, I was happy to see Radient products were well stocked throughout the quarter. Especially in Alberta where they seem to have gained a foothold in the province. This is good because Alberta is second only to Ontario in cannabis sales. Expecting a much bigger quarter because of holiday sales.
To me Radient has all the pieces in place to grab 2.0 market share once TRX are officially onboard and ramping production. Hoping that happens soon to get more product to market asap. I'm sure TRX and HighGrade management understand that concentrate sales are 9% market share in mature markets like California, and that immature markets like Canada are barely scratching surface at around 1%.
Radient is on the ground floor of something big if they can just keep increasing sales. Hoping for a sneak peak at the Q3 holiday sales in a press release update. Fingers crossed :) Merry Christmas!!!! glta
Canadian recreational cannabis sales grow to CA$364.2 million in October
https://mjbizdaily.com/canadian-recreational-cannabis-sales-grow-to-ca364-2-million-in-october/
THX. for the update BGP, news today about the licensing was also good to hear.
**NEWS** Radient Technologies Inc. Announces Q2 2022 Financial Results
Eli Katsakioris from TRX comments: "We are excited to be a part of RTI. Over the past twelve months RTI has become our home in the cannabis industry. After watching the dedication from the new management to moving this Company in a direction that we believe in, our decision to be part of that journey has been validated. With the relationships and brand recognition TRX has made in the cannabis space, along with our hand selected new brands and production lines, TRX believes RTI is poised to be a real leader in several product categories."
Rob Morrison, CEO of HighGrade comments: "We are excited to bring our experience and expertise to Radient. We are looking forward to raising the bar in the Hydrocarbon and Distillation in the Canadian market, bringing our Highgrade brands to retail shelves in 2022, as well as working with RTI's existing brands. The new management team behind Radient is one of the key reasons why we decided to choose RTI as our home."
https://finance.yahoo.com/news/radient-technologies-inc-announces-q2-000000608.html
Hey Guns, this is the good news we've been waiting for. Now Radient will have cannabis experts running the show. Harry did a great job getting Radient's financial house in order enough to get these deals done. Hoping the market will show some love when it's officially announced sometime this month. Fingers crossed. With HighGrade & TRX now deeply involved, Radient's the future looks much brighter to me :) glta
Radient Products Currently Available In Ontario
Found on hibuddy-
TRX Wook Breath Sariva THCa Diamonds 1g $49.70
TRX Fatty Arbuckle 2 Indica Shatter 1g $40.95
TRX Tiger King Hybrid Live Resin X Vape Cart 1g $49.55
TRX High Potency THC Blue Raspberry Tincture 30ml $39.82
Radient Products Currently Available in BC
Found on BC Cannabis Store Online-
TRX Distl Mango Lemonade Vape Cart 1g $39.99
TRX House Shatter .5g $29.99
TRX Garlissimo #5 Hybrid THCa Diamonds .5g $39.99
TRX Tropical Tunaaaa Dabs Mango Lemonade 1g $39.99
TRX Fresh Tunaaaa Dabs Fresh Biscotti 1g $39.99
Radient Atomic EH Products Available in Alberta
Found on Alberta Cannabis Online-
Atomic EH Green Chrome Live Resin Vape Cart .5 $33.99 1g $40.99
Atomic EH Goombay Live Resin Vape Cart .5 $33.99 1g $40.99
These are just the easiest Radient products to find online and not all inclusive. I'll start checking the Atlantic Provinces next. Quick look I already see Atomic EH Vapes and Shatter in New Brunswick.
Fortunately Radient is getting products on shelves when others are hitting brick walls. It's not easy getting products accepted by the provinces right now. Especially the biggest market Ontario, who moves at a snails pace.
To me Radient has gotten more than their fair share of SKU's into the market for a smallish concentrate maker. If they can keep up the pace maybe good things can finally happen for long suffering Radient. Fingers crossed :) glta
Radient Products Currently Available In Alberta
Alberta Cannabis Online Store-
TRX Indica Live Resin Diamonds 1g $49.99
TRX Shatter 1 gram $36.99
TRX CBD Isolate 1g $29.99
Tunaaa Tiger Dabs 1g $39.99
Fresh Tunaaa Dabs 1g $39.99
TR Tiger King Indica Vape Cart .5g $24.99 1g $39.99
TR TRX Labomba Live Resin Vape Cart .5g $31.99 1g $42.99
TR TRX Leg Cramp Live Resin Vape Cart .5g $31.99 1g $42.99
TR Fresh Tunaaa Vape Cart .5g $24.99 1g $39.99
TR Tunaaa Doja Vape Cart .5g $24.99
TR Layered Tunaaa Vape Cart .5g $24.99
TR Tropical Tunaaa Vape Cart .5g $24.99
Alberta has a really nice selection of Radient concentrates and vapes affordably priced to sell. I'm listing them here for future reference to see what's in and out of stock. I'll post Radient products in BC and ONT soon. Radient could have a surprising quarter with this much product on the market. imho glta
Radient Technologies Inc. Releases 2021 Fiscal Year End Financial Results and Provides Corporate Update
"This is an incredibly exciting time for Radient as we are just getting started on several key revenue-generating initiatives that we believe will be reflected in our financial statements moving forward," said Harry Kaura, CEO of Radient. "Aside from fortifying several key strategic partnerships and launching new Radient-branded products which have continued to be enthusiastically received by cannabis consumers, a key focus for the Company during fiscal 2021 was reducing our capital and operating expenses, which we have successfully achieved. I look forward to what the year ahead holds for the Company and I would like to thank our shareholders for their ongoing support."
https://finance.yahoo.com/news/radient-technologies-inc-releases-2021-121500832.html
Hey JP68, looks like Radient is finally on the right track producing their own brands and selling directly to the provinces. With concentrates starting to take off in Canada I'm taking a starter position.
The new CEO seems to be getting their financial house in order. To me Radient's extraction IP alone is worth their current market cap. They will still need to increase sales, and I'm seeing more Radient products online than ever before.
JP, Thanks for all the DD you've posted here. GL to you & GLTA :)
https://www.reddit.com/r/TheOCS/comments/pratpw/wook_breath_thca_diamonds/
Hello,Hello, anybody out there ??
Radient Technologies Inc. Enters into Binding Letter of Intent to Acquire Tunaaaa Room Xtracts Inc.
https://money.tmx.com/en/quote/RDDTF:US/news/5938388048136427/Radient_Technologies_Inc_Enters_into_Binding_Letter_of_Intent_to_Acquire_Tunaaaa_Room_Xtracts_Inc
RADIENT TECHNOLOGIES SIGNS DEFINITIVE LICENSING AGREEMENT WITH ATOMIC EH TO LAUNCH ITS FIRST CANNABIS PLATFORM WITH THE INDIGENOUS COMMUNITY
https://money.tmx.com/en/quote/RTI/news/7004914531015456/Radient_Technologies_Signs_Definitive_Licensing_Agreement_with_Atomic_EH_to_Launch_Its_First_Cannabis_Platform_with_the_Indigenous_Community
RADIENT TECHNOLOGIES ANNOUNCES STRATEGIC LICENSING AGREEMENT WITH HIGHGRADE SUPPLY LTD.
https://money.tmx.com/en/quote/RTI/news/4572189996459885/Radient_Technologies_Announces_Strategic_Licensing_Agreement_with_HighGrade_Supply_Ltd
Are those 6_&_1-month charts from 2018??? Thanks!!!
RADIENT TECHNOLOGIES INC. RELEASES THIRD QUARTER 2021 FINANCIAL RESULTS
https://money.tmx.com/en/quote/RTI/news/6670240505940579/Radient_Technologies_Inc_Releases_Third_Quarter_2021_Financial_Results
This year should be a huge growth year for Radient!
Yea it is due for a run. I know they have their own white label products now so sales should help over the coming years. I hope Terry Booth still has a vested interest here now that he is CEO of AUSAF.
I think we could see a major move soon... been trading in this range awhile.
I was in ACB pre split when it ran from .34 to $10 i am looking for that here as well took 2.5 years for ACB