Greenbelt Resources bioethanol
APPROVED BY NCM BioTech FOR Extraction
90 percent of cannabis produced in
US will be processed by extraction
PASO ROBLES, CA November 16, 2017 Greenbelt Resources Corporation
(OTC: GRCO) (Greenbelt) has announced
that the bioethanol produced from its ECOsystem process meets the
high standards of Natures Comfort Meds Biotechnology (NCM Biotech)
for use in performance testing of its patented CBD (aka canibidiol)
extraction process. The bioethanol tested was produced from
local brewery waste, a feedstock targeted for use by Greenbelt's
Paso Robles ECOsystem (PRECO). When complete, PRECO will be a
waste-to-energy interconnected system (ecosystem) designed to
produce half a million gallons of bioethanol from a variety of
feedstocks available in the Paso Robles area.
"Our goal in reaching out and testing Greenbelt's
bioethanol was to find a more sustainable option not only for
our extraction process, but to show our customers that we are
committed to producing products in the most sustainable way
possible." says Frederick R. Ferri, NCM Biotech president and
founder. "That option has been found."
NCM Biotech says its patented CBD liquid extraction process
removes cannabinoids from plant material in higher levels than
other methods. During this process, NCM Biotech uses ethanol. In
addition to using the CBD extraction process themselves, the
company also sells technology licenses to other cannabis
companies.
"Based on the testing results, we are confident our ethanol will
do well in NCM Biotech's CBD extraction process," says Darren Eng,
Greenbelt CEO. "As NCM Biotech moves into performance testing with
Greenbelt's bioethanol, we are positioned as an ideal bioethanol
supplier for all companies who license and use NCM Biotech's CBD
extraction process. The results also demonstrate the value of our
bioethanol in the growing cannabis market."
New Frontier Data, a cannabis market research and analytics firm
estimates that sales will reach
$24.5 billion by 2025. Author Kenneth Morrow, in The Extraction Evolution, writes
that 90 percent of all cannabis produced and sold in the future
will be processed and extracted.
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About NCM Biotech
Natures Comfort Meds Biotechnology (NCM Biotech) is dedicated to
the research and development of cannabis oil for the treatment of
various illnesses, diseases and chronic pain as a symptom of
various diagnoses. Our unique and industry leading medicine has a
patented extraction process, which results in the highest quality
oil with levels of CBD much higher than any other leading
competitor. It is because of this patented process, we are able to
build a foundation of research and clinical process that allows our
company to procure strategic partnerships and further expand our
capabilities nationwide.
About Greenbelt Resources
Greenbelt Resources Corporation is an award-winning provider of
sustainable energy production systems focused on delivering modular
solutions that enable the localized processing of locally generated
waste into locally consumed products. Greenbelt designs, develops
and implements technology that makes the production of advanced
biofuel reliable, practical and efficient. Controlled by
proprietary automated controls, Greenbelt's small-scale, end-to-end
modular systems convert food, beverage and other cellulosic wastes
into commercially viable advanced biofuels (bio-ethanol), animal
feed, fertilizer and filtered water. For more information
visit www.greenbeltresources.com.
Forward-Looking Statements & Safe
Harbor
This document includes certain statements, predictions and
projections that may be considered forward-looking statements under
securities law. These statements involve a number of important
risks and uncertainties that could cause actual results to differ
materially including, but not limited to, the supply and demand for
biofuels, our ability to remain technologically competitive and
other economic, competitive and technological factors involving the
Company's operations, markets, services, products and prices.
Contact:
Darren Eng, CEO Greenbelt Resources Corporation
888-995-GRCO (4726 x 101)
darren@greenbeltresources.com