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Radient (TSXV:RTI) partners with All Good for Cannabis Pre-Roll Production

Cannabis
TSXV:RTI
06 January 2022 14:15 (EDT)

Radient Technologies Inc. (RTI) starts the year with a partnership agreement with All Good Collective Corp.

Together they will produce unique cannabis pre-roll products and a shareholder update will be to follow.

Radient has entered an agreement with All Good to design and supply a modular-designed assembly and packaging facility to produce cannabis pre-roll products. The facility will operate in Radient’s existing Edmonton II licenced plant, and the first phase of installation has already started.

All Good has designed the facility to scale production capacity to at least 10 million cannabis pre-roll units (1 million packages) per month once full-scale modular build-out is reached, and All Good has already secured the supply of the equipment required to reach full-scale build-out.

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.

Staffing for the pre-roll production facility is expected to be in place by the end of January 2022, and initial pre-roll production and sales to licenced retailers are expected to commence thereafter.

Radient Technologies is a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products.

Radient develops specialty products and ingredients that contain a broad range of cannabinoid and terpene profiles while meeting the highest standards of quality and safety.

Radient (RTI) is in the grey, trading at C$0.04 at 1:31 pm EST.

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