CFN Media Group (“CFN Media”), the leading agency and financial
media network dedicated to the North American cannabis industry,
announces publication of an article covering Micron Waste
Technologies (CSE:MWM) (CNSX:MWM) (CSE:MWM.CN) (OTC:MICWF) and
its recent testimony to the Canadian government regarding the
company’s organic waste treatment solution. Already proven in
supermarket applications for the treatment of food waste, the
company’s technology could go a long way in helping Canada minimize
the environmental impacts of the burgeoning legal cannabis
industry.
As the Canadian government inches closer to full legalization of
adult-use cannabis, the details involved in the regulation of all
aspects of the industry are raising additional questions that had
not previously been widely considered. One issue being studied by
the Standing Senate Committee on Agriculture and Forestry (AGFO) is
the possible effects of cannabinoid residues on the environment,
and the proper methods for cannabis waste disposal. With the volume
of (legal) cannabis waste expected to increase dramatically over
the next few years, the government is trying to get ahead of the
challenge of how to properly dispose of tons of stalks and
trimmings produced by the legal industry.
Micron and Aurora Cannabis Team Up
Micron Waste had developed and launched its waste disposal
system for food waste, but was eyeing the cannabis industry as a
potentially lucrative vertical. In January, 2018, the company
announced a groundbreaking collaboration with Aurora Cannabis
Inc., one of Canada’s leading licensed producers.
Aurora invested about $1.5 million in Micron as part of a larger
private placement. The companies agreed to install the initial
waste digester unit at one of Aurora’s production facilities, and
the installation is on track for June 2018. The companies agreed to
work together to optimize the technology onsite before installing
more units at Aurora’s other facilities as well as pitching the
solution to other producers.
Cam Battley, Aurora’s Chief Corporate Officer and Micron
Director, joined Micron President Alfred Wong in presenting
testimony to AGFO on how the organic waste digester can solve waste
problems for the cannabis industry. With many cannabis companies
pitching themselves as ‘green’ and looking to limit environmental
impacts by reducing energy use and eliminating pesticides, Micron’s
organic on-site technology fits in nicely with the direction the
industry is taking.
“Micron’s solution is on track to be installed at Aurora’s
facility by June of this year,” Mr. Wong testified. “This on-site
process will minimize the cost of shipping cannabis waste to
landfill or composting facilities and will help reduce greenhouse
gas emissions and carbon footprint. Our clean agricultural
technology will provide licensed producers with an
environmentally-sound, cost-effective solution for cannabis waste
treatment and is anticipated to be able to meet the scale of
Canada’s growing cannabis industry.”
The Advantages of Micron’s Solution
Cannabis producers are mandated to track every ounce of product,
including waste. According to a recent article on the
industry in Washington state, very few producers are composting
their waste, either by employing industrial composting services or
by composting on site. Almost all of the waste is going to public
landfills, an inefficient and expensive process that also happens
to increase the carbon footprint of the producers’ operations. Even
if industrial composters are utilized, the waste needs to be
trucked from the production site and the service paid for by the
producer. If a producer chooses to compost on its own, the
operation takes up a lot of space that might be more profitably
utilized in cannabis production. In short, no existing solution
checks all of the boxes: environmentally friendly, convenient,
inexpensive, elegant.
Micron’s technology checks all of these boxes. Installed onsite,
the digester removes the need to transport the waste off site,
thereby reducing the impacts of trucking and landfill use. Due to
its highly efficient design, the digester takes up much less space
and requires much less oversight than traditional composting
methods. Waste is broken down within a couple of days, much more
quickly than with traditional composting operations. Cannabis waste
is turned into sewage friendly product, and water used in the
process could be recirculated and repurposed for other onsite uses
like watering the plants and cleaning more waste.
Where Micron is Headed
Cannabis waste disposal is a problem that was perhaps not fully
considered in the implementation of legal cannabis regulations,
both in Canada and the United States. Canada is considering
solutions ahead of recreational legalization, and Micron (with an
assist from Aurora) is at the forefront of the search for viable
solutions. Keep an eye on the Canadian government’s proceedings, as
well as on Micron Waste Technologies’ developments as the initial
units are installed, the technology refined, and the products
commercialized. The company appears to have a solution to a problem
that is much larger than people anticipated.
Please follow the link to read the full
article: http://www.cannabisfn.com/micron-waste-technologies-mwm-forefront-cannabis-disposal-issues/
About CFN Media
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Micron Waste Technologies (CSE:MWM)
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