Vancouver, BC -- July 24,
2018 -- NewsWire InvestorsHub -- Micron Waste
Technologies Inc. (the “Company”) (CSE: MWM, OTC: MICWF, Frankfurt: 7FM2), a leading
developer of organic waste processing systems, is pleased to
announce that an honorary panel of judges will help choose the
winner of the Company’s Cannabis Waste Digester Naming Contest. The
judges will assist Micron’s management team in selecting a winner
from over 1,600 entries from Canada and the United States. The
contestant who submits the winning entry will receive a cash prize
of $2000 USD and an all-expenses paid trip for two to christen the
world’s first Cannabis Waste Digester at Aurora Cannabis Inc’s
(“Aurora”) (TSX: ACB) Mountain facility outside Calgary, Alberta.
Full details on the contest, which closes July 31, can be found at
www.micronwaste.com/contest.
“The overwhelming response
to our contest led us to conclude our management team could benefit
from the additional help of cannabis industry experts to select a
winning entry,” said Micron President Alfred Wong. “We’re pleased
to announce a panel of honorary judges who bring significant
experience and insight to our search.”
Honorary Judges
Cam Battley, Chief Corporate Officer, Aurora Cannabis
Inc.
Cam Battley is a seasoned global cannabis industry executive and
opinion leader. In addition to his role with Aurora, he is a member
of the board of directors of Cannabis Canada Council, the trade
association for Health Canada licensed producers. Prior to joining
Aurora, Cam spent more than 15 years as a management consultant
working with international biopharmaceutical and medical device
companies, as well as global health professional NGOs, developing
and executing key initiatives in general management, professional
education, brand strategy, marketing, sales, business development,
medical affairs, government affairs and communications.
Noelle Skodzinski, Editorial Director, Cannabis
Business Times, Cannabis Dispensary magazine and the Cannabis
Conference
Noelle Skodzinski has more than two
decades’ experience in the publishing industry. She co-founded
Cannabis Business Times (CBT) with previous owner
Tim Hermes in 2014. In 2018, Cannabis Business Times was
named Magazine of the Year by the American Society of Business
Publication Editors. Noelle, who also steered the launch of
Cannabis Dispensary magazine and the Cannabis Conference’s
educational program, has been named among the Top 50 Most
Influential Women in Cannabis by Cannabis Business
Executive magazine and one of the “Top Women in Media” by
Folio magazine.
Cannabis Business Times is owned
by GIE Media, based in Valley View, Ohio. CBT’s mission is
to help accelerate the success of legal cannabis cultivators by
providing actionable intelligence in all aspects of the business,
from legislation, regulation and compliance news to analysis of
industry trends, as well as expert advice on cultivation,
marketing, financial topics, legal issues and more. CBT
focuses strictly on the business of legal cannabis for medical and
recreational use and aims to provide timely information—through its
website, e-newsletter, mobile app, print magazine and annual
conference—to help the reader make timely, informed decisions to
help them run their businesses better and more
profitably.
James West, Editor and Publisher, Midas
Letter and Midas Letter Live
Publisher and host James West has been
a fixture in Canada's emerging public company sector for over two
decades, and has built companies in technology and communications,
invested in and written extensively about cannabis, energy, mining
and bio-technology The Midas Letter is one of the most respected
publications in Canada with a subscriber base encompassing a global
Who's Who of institutional, High Net Worth, and private investors
and portfolio managers. The Midas Letter Live is one
of the most-watched business shows in Canada.
James is also an independent capital
markets entrepreneur and investor. He previously worked in
capacities such as corporate finance advisor, corporate development
officer, investor relations officer, media relations and business
development officer for companies involved in mining, oil and gas,
alternative fuels, healthcare, internet technology, transportation,
manufacturing, and housing construction.
Micron’s Cannabis Waste Digester Naming Contest was conceived to
crowd-source an exclusive Trademark product name for the world’s
first digester specifically engineered for the cannabis industry.
Micron’s cannabis unit - designed at Micron’s new R&D facility
in Delta, British Columbia - was delivered to Aurora Mountain, a
55,200 square foot facility with a production capacity of 4,800 kg
of premium cannabis per year, on June 28, 2018 and is currently
undergoing final testing and calibration to match production
cycles.
The Micron Cannabis Waste Digester was engineered based on proven
technology used by the Company in its food waste processing
digester, which was recently awarded a 10-year design patent. The
likewise proprietary Cannabis Waste Digester was developed in
collaboration with Aurora, which had identified the need for a
clean, economically-viable and green technology solution to help
process organic waste generated at its facilities. Subject to the
technology meeting certain milestones, per a collaboration
agreement announced in December 2017, Aurora intends to roll out
the technology to its other facilities. Subsequent units will be
made available to Canadian, American, and international cannabis
cultivators.
The Micron Cannabis Waste Digester treats waste on-site at growing
facilities without the need for hauling, landfilling or
incineration. Cannabis waste is pulverized and rendered through
mechanical and biological processes. Active cannabinoid residues
are denatured through use of patent-pending microbial and enzymatic
digestion agents. Importantly, the Micron system reclaims water
from cannabis waste and purifies it for re-use in growing
operations. Alternatively, the water, which meets municipal sewage
effluent standards, can be safely discharged, without risk of
bio-accumulation of cannabinoids in watersheds. Bio-solids from the
process, high in nutrients and cannabinoid-free, are saleable as
supplementary livestock fodder.
Cannabis waste production in Canada alone is expected to exceed
6000 metric tons by 2020. Cannabis waste in Canada and the United
States is strictly regulated for disposal, with conventional
methods placing a compliance and cost burden on
cultivators.
The Cannabis Waste Digester Naming Contest runs until Tuesday, July
31, 2018 at 23:59 PM PT. The winning entry will be announced on
August 15, 2018 on Micron’s website at www.micronwaste.com.
About Micron Waste Technologies Inc.
Micron Waste Technologies Inc is a well-funded technology company
with over $6 million in working capital. The Company’s organic
waste management system processes organic waste directly on-site
and treats the resulting waste water into clean water which meets
municipal sewage discharge standards. The treated water can be
discharged directly into the sewer or recycled back into industrial
or agricultural operations. The Company has developed the world’s
first Cannabis Waste Digester which denatures active pharmaceutical
compounds from waste streams. Please visit www.micronwaste.com for
further information. Micron is a public company with listings on
the CSE: MWM, OTC: MICWF, and in Frankfurt: 7FM2.
On Behalf of the Board
Rav Mlait
Chief Executive Officer and Director
For further information contact:
Media
Inquiries:
Karen Lauriston
+1.905.691.1185
karen@micronwaste.com
Investor
Relations
+1.844.318.8216
The Exchange
does not accept responsibility for the adequacy or accuracy of this
release
FORWARD LOOKING STATEMENTS:
The forward-looking information contained in this press release
is made as of the date of this press release and, except as
required by applicable law, the Company does not undertake any
obligation to update publicly or to revise any of the included
forward-looking information, whether as a result of new
information, future events or otherwise, except as may be required
by law. By its very nature, such forward-looking information
requires the Company to make assumptions that may not materialize
or that may not be accurate. This forward-looking information is
subject to known and unknown risks and uncertainties and other
factors, which may cause actual results, levels of activity and
achievements to differ materially from those expressed or implied
by such information.
Micron Waste Technologies (CSE:MWM)
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