WORLD CLASS EXTRACTIONS ACQUISION TARGET, QUADRON CANNATECH INTRODUCES THE "BIG BEAST"
20 Mai 2019 - 12:30PM
InvestorsHub NewsWire
WORLD CLASS EXTRACTIONS ACQUISION TARGET,
QUADRON CANNATECH INTRODUCES
THE “BIG BEAST” - THE LATEST MEMBER OF THE BEAST FAMILY OF
EXTRACTION SYSTEMS TO
PROCESS OVER 5,000,000 KG OF CANNABIS OR HEMP PER
YEAR
Toronto, ON -- May 20,
2019 -- InvestorsHub NewsWire
-- World
Class Extractions Inc. (“World Class”) (CSE: PUMP) (FRA:WCF) is pleased to
announce that its acquisition target Quadron Cannatech Corporation
(the “Company” or “Quadron”) (CSE: QCC), will begin to take
reservations to toll process hemp or cannabis with the “BIG BEAST”,
a fully automated, touch screen control continuous flow Ethanol
Extractor System. The “BIG BEAST is the latest addition to the
BEAST family of extractors, with estimated processing capacity of
up to 20,000 kg of biomass per day - over 5,000,000 kg of biomass
annually.
The BIG BEAST will be in production later this
year following extensive innovative engineering which anticipates
extracting and processing industrical scale of biomass for the hemp
and cannabis industry.
Some Key BEAST
Advantages:
-
Compliant with GPP (Good
Production Practices) and GMP (Good Manufacturing
Practice)
-
Advanced propreitary biomass
cooling with ERS (Energy Recovery
Exchange)
-
Continuous flow extraction
with inline solvent recovery and surge
storage
-
Equipped with proprietary
“Crossflow” ethanol maximizer to operate within daily NFPA
(National Fire Protection Association) ethanol
limits
-
Advanced filtration
stacks
The BEAST family of
extractors compliments Quadron Cannatech’s portfolio of the “BOSS”
line of extraction systems – the next generation co-solvent
cannabis and hemp extraction systems that were built to simplify
extraction with the benefits of automation and data analytics; as
well as the Company’s Mobile Extraction Module – a state-of-the-art
self-contained and fully portable extraction and processing
laboratory. The Company is also preparing several additional
machines with novel inhouse technology for the cannabis industry,
including: a biomass dehydration system, a preparation and
grinding unit, as well as an advanced filtration
system.
Rosy Mondin, CEO of Quadron commented, “We are
excited about the development of the BIG BEAST, the first of its
kind in North America. The BIG BEAST is a high efficiency
ethanol extraction system which represents the end result of
extensive research and development. The BEAST extractors
should have the capability of providing farmers and licensed
participants the ability to process extraordinary amounts of
biomass per day.”
“We are excited by Quadron’s latest
technological advancement towards developing a high efficiency, low
cost extraction solution for the hemp and cannabis markets,” said
Michael McCombie, CEO of World Class Extractions. “This latest
development allows WCE to focus on large scale extraction and
supply of CBD derived from hemp in the United
States.”
The Company will deploy the BEAST later this
year in selected US states and Canada. Interested parties are
encouraged to contact the Company directly for more
information.
About World Class
Extractions
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
Neither the CSE
nor its Market Regulator (as that term is defined in the policies
of the CSE) accepts 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 not to place
undue reliance on forward-looking statements. The 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, except as required
by law.
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