Joint venture will create and market cannabidiol flavour systems and product solutions for global food, beverage, and pet food
Radient Technologies and The Edlong Corporation are joining forces. The two companies have signed a Memorandum of Understanding (MoU) to form a strategic Joint Venture (JV) and combined their expertise in manufacturing cannabinoid-based products and technology-driven natural flavour systems.
The purpose of the JV is for the two companies to jointly create and market cannabidiol CBD flavour systems and product solutions for global food, beverage, and pet food industries.
Additional areas of interest for collaboration may be included in the future, should the two companies agree to pursue them.
We are excited to see what kind of advancements we can make in the way of safe and appealing CBD-infused foods and beverages
Denis Taschuk, President & CEO of Radient, commented: “We are very excited about the opportunity to work with an established international flavor company like Edlong. Radient’s team of in-house scientists have been developing unique formulations that we believe will tie in perfectly with Edlong’s innovative approach to flavour and ingredient manufacturing for foods and beverages. We look forward to working with Edlong, and we are excited to see what kind of advancements we can make in the way of safe and appealing CBD-infused foods and beverages.”
Headquartered in the United States, Edlong has innovation centres in Latin America and Europe, and distribution partners in Canada and Asia.
Edlong is one of the only flavour houses in the world to specialize in dairy flavours, while also catering to growing markets such as dairy-free, vegan, plant-based, organic, non-GMO and allergen-free.
Radient is headquartered in Edmonton, Canada, with additional innovation and product development centres in France, Spain, and Germany. Its proprietary extraction and downstream processing platform are based on a continuous-flow process which allows for much higher throughputs than other extraction technologies.
Radient claims its technology can achieve higher levels of quality and consistency than other methods of extraction while retaining more of the natural active compounds (up to 99%) from plant biomass. Such an outcome is possible, the company says, due to its rapid speed extraction method and the elimination of additional processing steps such as winterisation.
Laurette Rondenet, President & CEO of Edlong, stated: “Radient is the perfect partner to align with as we explore new opportunities in this dynamic category that is clearly poised for growth. We’re excited to bring our expertise together.”