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Saturday, January 29, 2022 12:12:00 PM
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
Posts are my opinion only, and not advice of any kind. glta
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