Cannabis Investing Newsletter

Learn To Pick The Best Cannabis Stocks

Cannabis Stocks Forum & Discussion

Welcome to the Cannabis Investing Newsletter Forum. This is for the cannabis stocks forum & discussion. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of, and analysis of, cannabis stocks. – D. H. Taylor

Notifications
Clear all

[Sticky] Radiant Technologies RDDTF Stock Forecast & Analysis


D. H. Taylor
(@dhtaylor)
Member Admin
Joined: 2 years ago
Posts: 689
Topic starter  

Radiant Technologies RDDTF stock is one of those cannabis companies that is going through a distinct process to build up a business and there appears to be some interesting developments going on.  First, there is a build-out of production that will enable Radiant Technologies to produce approximately 1M pre-rolls monthly.  That would put them at a production possibility of about 10M annual pre-rolls that may generate approximately $25M in revenue should Radiant Technologies earn $2.50 wholesale; about $5M quarterly.  But, that would mean 100% production which, that may take time to build up.

Also, Radiant Technologies just completed an acquisition of a company called: Tunaaaaroom Xtacts.  We should start seeing revenue from this show up in future revenue releases.  Recently, Tunaaaaroom printed some $1.5M in revenue for the last three months of 2021.

Given the recent changes to Radian Technologies business, restructuring, and cost cutting, I wanted to take a good look at Radiant Technologies financial statements.

This topic was modified 1 month ago by D. H. Taylor

Quote

Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

 
Preview 0 Revisions Saved
Share:



Copyright Cannabis Investing Newsletter 2021 - 2022