{{short description |Canadian cannabis company}} {{Self-published |date=August 2022}} {{Infobox company | name = Radient Technologies Inc. | logo = Radient_Technologies_logo.jpg | type = Public | industry = Cannabis | traded_as = {{TSX-V|RTI}}<br>{{OTC Pink|type=current|RDDTF}} | ISIN = | foundation = {{Start date and age |2001}} | founder = Dr. Steven Splinter | location_city = Edmonton | location_country = Canada | area_served = Canada, Germany | key_people = Steven Splinter (CEO), Frank Ferlaino (COB), Steven Splinter (CTO), | services = | revenue = {{increase}} Can$2.489 million <small>(2022)</small><ref name="financials rti">{{cite web|title=Radient Technologies Inc. Announces Q1 2022 Financial Results|url=https://www.newsfilecorp.com/release/98735/Radient-Technologies-Inc.-Announces-Q1-2022-Financial-Results|author=Radient Technologies Inc.|via=newsfilecorp.com|publisher=Newsfile Corp.|access-date=13 April 2022|archive-date=28 January 2022|archive-url=https://web.archive.org/web/20220128052203/https://www.newsfilecorp.com/release/98735/Radient-Technologies-Inc.-Announces-Q1-2022-Financial-Results|url-status=live}}</ref> | operating_income = {{decrease}} Can$ -13.865 million <small>(2022)</small><ref name="financials rti" /> | net_income = {{decrease}} Can$ -42.265 million <small>(2022)</small><ref name="financials rti" /> | assets = {{increase}} Can$ 28.860 million <small>(2022)</small><ref name="financials rti" /> | equity = {{increase}} Can$ 29.294 million <small>(2022)</small><ref name="financials rti" /> | owner = | num_employees = 75-100 | num_employees_year = | subsid = Tunaaaaroom Xtracts, PBR Labs | homepage = {{url|https://www.radientinc.com/}} }}
'''Radient Technologies''' is a Canadian licensed commercial manufacturer of cannabis derivatives and products, headquartered in Edmonton. It trades on the Toronto Venture Exchange and OTC Pink as ''RTI'' and ''RDDTF''.<ref>{{cite web|url=https://www.prnewswire.com/news-releases/otc-markets-group-welcomes-radient-technologies-inc-to-otcqx-300765855.html|title=OTC Markets Group Welcomes Radient Technologies Inc. to OTCQX|author=Radient Technologies Inc.|via=PR Newswire|access-date=13 April 2022|archive-date=13 April 2022|archive-url=https://web.archive.org/web/20220413225015/https://www.prnewswire.com/news-releases/otc-markets-group-welcomes-radient-technologies-inc-to-otcqx-300765855.html|url-status=live}}</ref>
==History== The company says that its patented extraction technology Microwave Assisted Processing (MAP) extracts a higher amount of the desired cannabinoids from the leaf,<ref name="sec">{{Cite web|url=https://sec.report/otc/financial-report/257987|title=Radient Technologies Inc - Annual Information Form for the Fiscal Year Ended March 31, 2020|website=U.S. Securities and Exchange Commission|access-date=August 6, 2022|archive-date=August 6, 2022|archive-url=https://web.archive.org/web/20220806063221/https://sec.report/otc/financial-report/257987|url-status=live}}</ref> and that the process allows it to heat the cannabis biomass with more precision, using less solvent than the methods being used by other companies, with higher throughput and improved economies of scale.<ref name="sec" />
In 2017 Aurora Cannabis made an investment of $6.2 million in the company.<ref>{{Cite web|url=https://www.newswire.ca/news-releases/aurora-cannabis-increases-investment-in-radient-technologies-663609273.html|title=Aurora Cannabis Increases Investment in Radient Technologies|publisher=Aurora Cannabis Inc|via=Newswire.ca|access-date=2022-04-13|archive-date=2022-04-13|archive-url=https://web.archive.org/web/20220413225016/https://www.newswire.ca/news-releases/aurora-cannabis-increases-investment-in-radient-technologies-663609273.html|url-status=live}}</ref>
On March 21, 2023, Radiant Technologies Inc. filed for receivership. <ref>{{Cite web|url=https://insolvencyinsider.ca/filing/radient-technologies-inc-radient-technologies-cannabis-inc-and-1631807-alberta-ltd/|title='Radient Technologies Inc., Radient Technologies (Cannabis) Inc., and 1631807 Alberta Ltd.'|access-date=2023-04-11|archive-date=2023-04-11|archive-url=https://web.archive.org/web/20230411204743/https://insolvencyinsider.ca/filing/radient-technologies-inc-radient-technologies-cannabis-inc-and-1631807-alberta-ltd/|url-status=live}}</ref>
==References== {{reflist}}
==External links== *{{official|http://www.radientinc.com/}}
{{Edmonton Businesses}}
{{DEFAULTSORT:Radient Technologies}} Category:Canadian companies established in 2001 Category:Cannabis companies of Canada Category:Cannabis in Alberta Category:Companies listed on the TSX Venture Exchange Category:Medicinal use of cannabis organizations