GREY:SIXWF - Post by User
Post by
kukamanon Feb 12, 2021 3:29pm
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Post# 32555290
Sixth Wave expects to recognize revenue from this sale
Sixth Wave expects to recognize revenue from this salestarting in the first fiscal quarter in 2021.
Sixth Wave Hits Key Achievement for a New & Innovative Rapid Detection System for COVID-19
February 10, 2021
https://investorintel.com/markets/biotech-healthcare/biotech-intel/sixth-wave-hits-key-achievement-for-a-new-innovative-rapid-detection-system-for-covid-19/ In the cannabis extraction industry, Sixth Wave’s Affinity™ system can lower the cost by streamlining the process of capturing and extracting cannabinoids (THC and CBD) while still yielding high purity distillates and isolates.
In April 2020, Sixth Wave signed a deal with Green Envy for the purchase of at least three AffinityTM extraction units. Green Envy is a cannabinoid extraction company specializing in the production of high-quality concentrates, distillates, and edibles. Green Envy will integrate the AffinityTM units into its existing process platform for the production of full-spectrum distillates.
Sixth Wave expects to recognize revenue from this sale starting in the first fiscal quarter in 2021.