The time to hold cannabis assets is near.This is not a play, merely an investment. If you know about RTI, you'd be interested to know that they have started to generate revenue this year. Glued to $14 support, with the industry gathering momentum, I dare to invest here. I'm not expecting any explosive moves, but I believe in upside for this asset.
ACB owns a large portion of RTI's shares.
RTI
RTI in a wedgeNo reason for RTI to look for lower regions, but in anticipation of the first generated revenue, no reason to look for higher highs either. At some point, one would expect an announcement of how much Aurora will be paying for the implementation of Radient patented technology in its facilities, and Radient should announce being open for business. There is still a lot of capacity among producers that hasn't been committed to Valens.
It has to be repeated that Radient technology has been approved, but has yet to prove itself in practise. I speculate that Aurora implementing this extraction technology in its facilities, suggests that they have confirmed the disruptive nature of RTI's tech.
#Long RTI
Increased bull volume for RTI RTI gapped up on news of it obtaining a standard processing license, then dipped down, almost closing the gap until follow up news broke that RTI is now operational and starts to generate revenue. She broke clear of the $1 level, though she may of course consolidate below it again. Increased bull volume, however, tells me investors are aware of RTI's potential in the near term.
For those that think Valens is the play, in my opinion Valens WAS the play. Radient has disruptive extraction technology, living up to the expectations of big demand. What takes hours at Valens, takes only minutes at Radient, and the extracts are more potent. Hard to say what's next, but RTI is a clear long play, and once it starts to present deals and earnings, we'll see her up there in the $3 to $5 range.
Did you know that RTI will be extracting for Aurora? Did you know that Radient has enough extraction capacity to process about 10 times Aurora's full production capacity?
I see enormous upside for Radient.
I bought the dip. Did you?
RTI Trying to get Back on TrackRadient just recently published its results for Q1. With the newly granted license, this company can now, for the first time, start to generate revenue. Looking at its financials, I think they are in an extremely good position. The $1 is a traditionally tough resistance for penny stocks to break. It is at this very level that RTI is trying to break back into its organic growth channel. It has been undervalued for some time, and I regret that I didn't discover them sooner.
This could be one that got away. It is flying under the rader, which is strange, because its patented extraction technology is potentially disruptive. Where Valens takes hours to extract, Radient takes minutes, and with much larger quantities at a time. In addition, the purity/potency of the CBD oil they extract, is higher/better.
Valens is currently trading at $3.10. I think that, right now, RTI is still in its buying zone, and we may be looking at a 500% to 1.000% upside, as soon as they start to post earnings and profits. Make no mistake. Aurora owns a decent stake, but Radient has the capacity to extract more than 10 times what Aurora can produce when they optimise capacity. Radient also installed its tech in Madrid.
I'm expecting a lot from Radient, but not tomorrow. If you buy in now, you'll have to go long. I am long RTI.
Aurora , High in the sky.ACB is likely going to acquire CMED & HIP , and become the largest LP in the world.
For what ever reason, i feel like ACB will just keep on climbing. Many new investors just entering the sector now.
Let the bidding wars continue in this speculation driven market.
