World Class and Deveron Enter Drone and AI Data Services Agreement to Assist Hemp Farmers across North America
16 Mai 2019 - 1:30PM
World Class Extractions Inc. (CSE: PUMP) (FRA: WCF) (the
“
Company” or “
World
Class”) is pleased to announce it has entered into
a Service Agreement with Deveron UAS Corp. (CSE:DVR)
(“
Deveron”) whereby Deveron will provide drone
data and soil sampling services to World Class and its affiliate
farmers focused on hemp production in the United States and Canada,
providing an opportunity to increase yields and reduce costs.
Deveron has worked with leading agricultural
companies to bring data acquisition and analytics to broad acre
farmland. The company is integrated with leading farm platforms,
like Bayer Crop Science’s Climate FieldView and John Deere’s
MyJohnDeere data management systems. The expansion into hemp data
analytics is a natural extension to the current data insights it
provides to leading farmers in North America that grow corn,
soybean, wheat and canola.
Deveron is an industry leading agriculture
technology company focused on data acquisition and analytics that
drive increased yields and reduced costs. The two companies will be
bringing best-in class data acquisition tools for hemp growers that
include drone data and soil data. On top of data acquisition, the
company will be working with World Class and its farmer partners to
deliver digital records and analytics that will help with
benchmarking the hemp production process, traceability and other
best management practices.
“Farming hemp requires proper planning,
preparation and execution and we want to make sure our partner
farmers have access to the best technology to assist them. The high
value of hemp crops today makes the data Deveron collects even more
valuable than for traditional row crops and will help our farming
partners make better informed decisions on the field,” said Michael
McCombie, CEO of World Class. “Deveron has a large network of
agronomists and drone pilots throughout Canada and the United
States, leveraging their technology and personnel spanning such
large service areas will provide great value to our farmers as we
build our network of processing facilities.”
“We are extremely excited to be expanding our
digital product solution to the customers of World Class,” said
David MacMilllan, President and CEO of Deveron. “On the data
acquisition side, we see considerable scale and opportunities in
supporting higher margin crop. Additionally, given our leading data
insights algorithms with large growers in Canada and the United
States, we believe we are uniquely positioned to provide the most
informative data insights available to farmers thinking about
changing their production from traditional row crops to hemp.”
About World Class
World Class is a Canadian based developer of an
innovative, large scale extraction process for both the hemp and
cannabis industry. The Company intends to provide single step
continuous flow extraction services to the hemp and cannabis
industry. Using patent pending technology, World Class’ results
produce higher yields and better quality full spectrum crude hemp
oil at faster rates. The technology allows the extraction of CBD
Oil and other related extracts from wet or dried natural plants.
World Class can save its clients floor space, utility drying costs,
equipment and processing labour costs.
For more information, visit: www.wcextractions.com.
On behalf of the Board of Directors of WORLD CLASS
EXTRACTIONS INC.
Michael McCombie Chief Executive Officer
mike@wcextractions.com
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responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding
Forward-Looking Statements: Certain disclosures in this
release constitute forward-looking statements. In making the
forward-looking statements in this release, the parties have
applied certain factors and assumptions that are based on the
parties' current beliefs as well as assumptions made by and
information currently available to the parties. Although the
parties consider these assumptions to be reasonable based on
information currently available to them, they may prove to be
incorrect, and the forward-looking statements in this release are
subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or
implied in such forward-looking statements. Readers are cautioned
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parties do not intend, and expressly disclaims any intention or
obligation to, update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
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