Cannabis Waste Tech to be Marketed to United States

Canadian organic waste technology company Micron Waste Technologies Inc. (CSE: MWM,OTCQB: MICWF, Forum), the team behind the Cannavore cannabis waste processing unit, announced it is partnering with a Texas-based leader in environment re-use, recycling and disposal service to market the Cannavore in the United States.

Quest Resource Management Group LLC is a wholly-owned subsidiary of Quest Resource Holding Corporation (NASDAQ: QRHC) and offers customer specific solutions for a number of waste and recycling needs. It also provides information and data that tracks and reports the environmental results of its services. There is an added-value component here, in that Quest also includes actionable data to help businesses improve their operations, while also helping them achieve environmental and sustainability goals.

Operating in all 50 U.S. states, Quest provides custom waste management solutions to a wide-range of industries, including in the cannabis space. Micron’s president Alfred Wong said, “With its strong market positioning, Quest will help accelerate the entry of Micron’s leading cannabis waste management technology into the U.S. and capitalize on the expanding American cannabis cultivation market.”

Cannabis growers could turn to the Cannavore to process the production by-product, thousands of tons of plant waste that requires special handling per government regulations. The Cannavore system is regulatory-compliant and environmentally-sound. Its water-saving features are particularly attractive to states with water restrictions, like California and Arizona.

This Micron/Quest announcement comes on the heels of previous support for the Cannavore covered by Stockhouse. In September 2018 when Micron provided outcomes to date on the Cannavore trial at the Aurora Cannabis Inc. cultivation facility outside Calgary. The Cannavore was built to Aurora specifications per a collaboration announcement in December 2017.

Last month Wong provided insights to BNN Bloomberg on the Cannavore’s benefits for growers and the environment.

According to Micron’s report on the Cannavore trial, it offers a several advantages over conventional waste treatment:

Environmental – Water reclaimed from cannabis waste was free from Active Pharmaceutical Ingredients and contaminant-free. This allowed for re-use in growing operations or safe discharge, as well the need for incinerating the waste or hauling off to a landfill, with Micron’s mobile Cannavore unit treating the waste on-site

Compliance – Micron-treated cannabis waste exceeded Health Canada requirements. The Company’s proprietary software further optimized the compliance process through comprehensive data collection and recordkeeping

Automation – Micron’s innovative and automated systems reduced staff time requirements for waste handling

The Micron/Quest partnership news is also of interest for the U.S. cannabis market, which is rapidly growing in its own right. Retail sales are projected to reach an estimated $5.1 - $6.1 billion in 2018. By 2020, overall retail sales are projected to reach between $11.9 and $17.1 billion, with $47 billionin sales projected within a decade, according to RBC Capital Markets.

How does it work?

The Cannavore is an industrial-grade machine that pulverizes and renders cannabis waste with a proprietary blend of microbes and enzymes. The system can treat this waste and derive clean greywater that can be re-used in growing operations and even exceeds municipal discharge standards. This keeps Active Pharmaceutical Ingredients in cannabis waste out of watersheds. Both the Cannavore and organic waste digester were awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO), with patent pending in the United States.

www.micronwaste.com