Interesting........on patent WHAT DOES WORLD CLASS EXTRACTION DO?
World Class Extraction is a cannabis-focused company engaged in the acquisition and extraction of oils and extracts from cannabis flowers. The company boasts of a proprietary innovative extraction process ideal for both hemp and cannabis industry. The technology enables the extraction of CBD oils and other related extracts from both wet and dried natural plants.
QUADRON CANNATECH MERGER
Shares of World Class Extraction are exploding in the market on the confirmation that the company is in the process of completing a merger with Quadron Cannatech as part of its growth strategy. Under the terms of the agreement, the company is to acquire all issued and outstanding shares of Quadron; directly or through a wholly owned subsidiary.
A merger of the two companies will result in the creation of a leading provider of extraction and processing solutions. World Class Extraction will be able to leverage Quadron’s technical expertise as well as the customer base and management team as it looks to strengthen its prospects in the multi-billion industry.
“We believe that our strong cash position and unique patent-pending technology, which can use both wet and dry cannabis and hemp as inputs, is the perfect complement to Quadron’s experienced team of executives and employees, along with their proven year-over-year revenue increases. This transaction is transformative for World Class and its shareholders,” said CEO Michael McCombie.