Vancouver, BC – Quadron Cannatech Corporation (CSE:QCC) (the “Company” or “Quadron”), is pleased to announce that is has completed another sale of the BOSS CO2 Extraction System (“BOSS”) to an authorized cannabis industry participant located in the Fraser Valley, British Columbia.
“Over the extensive development phase of the next generation CO2 Extraction System – the “BOSS”, our team of engineers engaged with a broad base of industry participants and listened to their needs to better understand the task at hand. The results are simply amazing – visitors lined up at our booth to talk with our representatives at the recent MJBiz Conference in Vegas where we showcased the BOSS,” stated Rosy Mondin, CEO & President of Quadron. “There is an immediate need for innovation, automation, analytics, and predictable recoveries in cannabis extraction. The BOSS is a revolutionary system that will no doubt disrupt the industry and build a new, worldwide benchmark for extraction technology, and industry standards moving forward.”
Quadron is ramping up production of its BOSS CO2 Extraction Systems in anticipation of completing additional orders as interested buyers conclude their investigation and analysis of available CO2 extraction systems on the market. Sales of the BOSS is expected to be a significant revenue growth driver for Quadron in 2018 and beyond.
The BOSS CO2 Extraction System combines proprietary max flow technology with advanced thermodynamics, automated features and an exclusive plug and play design. The BOSS has a very small footprint, requiring only a fraction of the space and energy requirements compared to other systems on the market. Installation is simple – no external hardware of facility renovations required. All that is needed are two electrical outlets and an hour to set-up.
THE BOSS EXTRACTION SYSTEM ADVANTAGES
- Automated system with remote monitoring and control features
- Software collects, stores, and analyzes data for Research & Development
- Programmable cycles – maximizing extraction and separation efficiency
- Plug and Play self-contained system with no external setup required
- Simplified assembly with only two pieces of equipment to set-up, two plugs and four hoses to connect
- Integrated heat exchanger with proprietary advanced thermodynamics
- High precision operating parameters for accurate performance
- Ability to collect extract during runtime
Click here to view more information on the BOSS CO2 Extraction System.
According to a Mackie Research Capital Corp. report, which assumes full legalization (medical and recreational) in 2018, the growth of cannabis oil consumption in Canada is expected to grow from 284 litres in 2015 to 562,613 litres by 2020 (198,000-per-cent growth) versus dried marijuana consumption of 6,388 kilograms in 2015 to 110,034 kilograms in 2020 (1,600-per-cent growth).
About Quadron: Quadron focuses on ancillary equipment, products and services for the authorized cannabis industry, providing automated extraction and processing solutions, and sales of end user delivery solutions such as vape pens, capsules and other safer consumption solutions for patients.
For more information, visit: www.quadroncannatech.com
On behalf of the Board of Directors of
QUADRON CANNATECH CORPORATION
Investor Relations Contact:
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.