Aug 27 (Reuters) - Radient Technologies Inc RTI.V :
* RADIENT TECHNOLOGIES INC. RELEASES FIRST QUARTER 2020 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE
* RADIENT TECHNOLOGIES INC - AS AT JUNE 30 2019 CO HAD MAINTAINED A CASH POSITION OF C$23.5 MILLION
* RADIENT TECHNOLOGIES INC - SECURED A LARGE INVENTORY OF CANNABIS BIOMASS (VALUED AT CAD $21.7 MILLION)
* RADIENT TECHNOLOGIES - REVENUE FROM SALE OF EXTRACTS ARE EXPECTED TO BE IN EXCESS OF VALUE OF CURRENT TOTAL INVENTORY OF DRIED CANNABIS BIOMASS
* RADIENT TECHNOLOGIES INC - EXPECTS REVENUE FROM SALE OF EXTRACTS WILL HAVE A MEANINGFUL POSITIVE IMPACT ON EARNINGS ACROSS Q2 AND/OR Q3 2020
* RADIENT TECHNOLOGIES INC - ANNOUNCED AMENDMENT OF ITS ORIGINAL LOAN FACILITY WITH MOSKOWITZ CAPITAL MORTGAGE FUND ON AUGUST 26
* RADIENT TECHNOLOGIES INC - EXPECTS PRODUCTION OF VAPING LIQUID WILL BEGIN IN FISCAL Q3 2020
* RADIENT TECHNOLOGIES INC - EXPECTS MAJORITY OF REVENUE FROM SALE OF DRIED CANNABIS BIOMASS WILL BE REPORTED IN FISCAL Q3 2020
* RADIENT TECHNOLOGIES - GERMANY FACILITY IS EXPECTED TO BEGIN INITIAL COMMISSIONING IN H2 2020