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Radient Technologies Inc. Stock Analysis RDDTF
Radient Technologies, Inc. engages in manufacture of natural ingredients in the food and beverage, nutrition and supplements, pharmaceuticals, and active care industries. The company is headquartered in Edmonton, Alberta. The company went IPO on 2011-08-24. The firm 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 firm is focused on the formulation, manufacturing and launching of value-added cannabis products. The company utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. The company develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.