Quadron Cannatech Secures Sale of “BOSS” CO2 Extraction System
29 Januar 2019 - 2:30PM
Quadron Cannatech Corporation (the
“Company” or
“Quadron”) (CSE: QCC) is pleased to announce that
it has completed the sale of a BOSS CO2 Extraction System (“BOSS”)
to Ten-10 Ventures Inc. in Kelowna, British Columbia, Canada
(“
Ten-10”).
Ten-10 is an applicant under the Cannabis Act
and its principals have years of cultivation experience under
medical production rules, and global experience in the
multi-national fresh-produce industry, specializing in post-harvest
supply-chain, and manufacturing.
“The importance of simple-to-use, efficient
extraction equipment cannot be understated. After researching
various extraction units, we are excited to integrate Quadron’s
BOSS CO2 extraction system in our production facility in the
preparation for our future production upon receiving our licence
from Health Canada,” states Steve Smith, CEO of Ten-10. “We are
delighted to work with Quadron as the industry begins to focus on
oil extraction and oil-based value-added products.”
“Quadron’s innovative CO2 extraction system is
designed with producers in mind: the highest safety-standards,
industry first Clean-in-Place, and simple set-up and operation. We
are proving our expertise in extraction capabilities by developing
equipment and processes which support producers achieving a
financial return as quickly as possible,” said Rosy Mondin, CEO of
Quadron.
Featuring industry-first “Clean-In-Place”, the
BOSS CO2 Extraction System combines proprietary max flow technology
with advanced thermodynamics, automated features and an exclusive
plug and play design. The BOSS has a very small footprint,
requiring only a fraction of the space and energy requirements
compared to other systems on the market. Installation is simple –
no external hardware of facility renovations required. All that is
needed are two electrical outlets and an hour to set-up.
THE BOSS EXTRACTION SYSTEM
ADVANTAGES
- Automated system with remote monitoring and control
features
- Software collects, stores, and analyzes data for Research &
Development
- Programmable cycles – maximizing extraction and separation
efficiency
- Plug and Play – self-contained system with no external
set-up required
- Simplified assembly – with only two pieces of equipment to
set-up, two plugs and four hoses to connect
- Integrated heat exchanger with proprietary advanced
thermodynamics
- High precision operating parameters for accurate
performance
- Ability to collect extract during runtime
- Designed to GMP standards and is equipped with
Clean-in-Place
About Quadron: Quadron focuses
on ancillary equipment, products and services for the authorized
cannabis industry, providing automated extraction and processing
solutions, and sales of end user delivery solutions such as vape
pens, capsules and other safer consumption solutions for
patients.
For more information, visit:
www.quadroncannatech.com
On behalf of the Board of Directors
ofQUADRON CANNATECH CORPORATION
Rosy MondinCEOrosy@quadroncannatech.com
Investor Relations Contact:KIN Communications
Inc.Caleb Jeffries, VP, Investor
Relations1-866-684-6730QCC@kincommunications.com
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
Statements included in this announcement,
including statements concerning our plans, intentions and
expectations, which are not historical in nature are intended to
be, and are hereby identified as “forward-looking
statements”. Forward-looking statements may be identified by
words including “anticipates”, “believes”, “intends”, “estimates”,
“expects” and similar expressions. The Company cautions readers
that forward-looking statements, including without limitation those
relating to the Company’s future operations and business prospects,
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
forward-looking statements.
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