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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a cannabis processor with a portfolio of federally regulated emerging consumer brands, market validated cannabis derivative products, and high-potency bulk ingredients. The Company’s multi-patented, highly automated, closed loop extraction, and distillation technology sets the global standard for processing cannabis at scale. The Company manufactures over 80 different products, across four categories for white label clients and house brands. It manufactures and distributes cannabis vapes and oils under multiple brands including its brand, Glacial Gold, and the High Plains brand. The Company sells its branded cannabinoid vapes, oils, and soft gels to the British Columbia Liquor Distribution Branch (BCLDB), Ontario Cannabis Store (OCS), Nova Scotia Liquor Commission (NSLC), Manitoba Liquor & Lotteries (MBLL) National Cannabis Distribution in Saskatchewan, and across Canada through multiple medical platforms, select pharmacies, and a distribution agreement.


CSE:OILS - Post by User

Post by lscfaon Dec 03, 2020 10:56am
117 Views
Post# 32025909

Speaking of patents......

Speaking of patents......

World-Class Extractions Announces Issuance of U.S. Patent for Proprietary Solvent-Based Extraction Methods


December 3rd, 2020
 
~ Issuance of U.S. Patent No. 10,851,077 covering methods for extracting and concentrating cannabinoids using ultrasound-enhanced solvent extraction bolsters World-Class’ intellectual patent portfolio

VANCOUVER, December 02, 2020 – World-Class Extractions Inc. (CSE:PUMP) (FRA:WCF) (OTCQB:WCEXF) (the “Company” or “World-Class”) is pleased to announced the United States Patent and Trademark Office (“USPTO”) has issued U.S. Patent No. 10,851,077 on December 1, 2020 in relation to the Company’s methods for extracting and concentrating cannabinoids and other target compounds from cannabis using ultrasound-enhanced solvent extraction.
 
WCE’s patented plant processing technology allows for prompt cannabinoid extraction following harvest, including the root and all other parts of the hemp plant and further utilizes ethanol for extraction, as opposed to the use of toxic hydrocarbon solvents.  WCE’s patented process additionally uses precisely focused ultrasound to release cannabinoids from the hemp plant that produces CBD yields that are believed to be among the highest in the industry while also minimizing biomass waste and solvent usage.  Additional features associated with WCE’s extraction methodology include fast set-up and mobile capabilities to allow for environmentally friendly, on-site processing that can likewise be modified to scale so as to process any volume of plant material.
 
The patented process by World-Class supplements its goal to achieve the most sustainable, efficient, and economical method of large-scale extraction from pre-processing of plant harvest to final extract end product by achieving maximized cannabinoid recovery yields while minimizing energy consumption and volume of solvent used in the extraction process, including the ability recapture and reuse the solvent for additional extraction cycles.  As is widely recognized in the extraction industry, the amount and type of solvent used in the extraction process is one of the largest cost variables for operating extraction equipment.

Provisions of the patent covers several broad steps throughout the extraction process ranging from: compound removal, purification, cannabinoid isolation, filtration, separation, solvent recovery, compound mixtures and more.
 
“Since inception, World-Class always emphasized the importance of research & development in early stages of the cannabis industry as one of the most vital components in developing a long-term proven and tested extraction technology to meet current market demands of licensed holders,” stated Rosy Mondin, CEO of World-Class.  “As cannabis 2.0 continues to mature, more licensed holders and early mover extractors have concluded the need to improve current extraction methods and prove expertise beyond the first mover advantage. Receiving this patent proves we have accomplished a propriety sustainable method of extraction in the marketplace of extraction equipment. Receipt of this patent to our portfolio of intellectual property symbolizes a return on capital and resources that went towards our early stage research & development.”
 

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