Quadron Shares New United States Market Data on Cannabis Oil Consumption and Trends
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2017) - Quadron Capital Corporation (the "Company" or
"Quadron") - (CSE:QCC)(CSE:QCC.CN)(CNSX:QCC) is pleased to share the findings of two new studies on cannabis consumer buying
habits within the United States marketplace, reinforcing the market conditions supporting Quadron's business initiatives.
According to a New Frontier Data report, market share for
concentrates grew from 10% to 21% from January to December 2016, with a 21% decrease in flower demand in these recreational
markets. This data driven report highlights surging demand for cannabis concentrates, vape pens and edibles, and are quickly
being adopted by consumers who prefer healthier alternatives to smoking, and who prefer discretion. These reports provide
Quadron with valuable insight into cannabis consumer behaviour, demographics and trends.
The U.S. legal cannabis market topped $6.5 billion in 2016 and is projected to grow to $24 billion by 2025. Trends
indicate the demand and pricing for dried cannabis flower is declining, while the demand for cannabis concentrates is
surging.
CEO of Quadron, Rosy Mondin, comments, "The findings from these reports further supports Quadron's vision and position as we
continue to develop automated extraction technology and processing laboratories for this lucrative, and evolving, ancillary
cannabis market. This is an enormous opportunity for Quadron - not only does Quadron provide the extract technology and
laboratories, Quadron also sells customized branded devices, including vapor pens and cartridges, to cultivators and processors,
for use by their end-user cannabis patients and consumers."
"The shift away from flower toward higher priced-point concentrates and edibles reflects a legal industry commercializing and
scaling," according to John Kagia, New Frontier Data's VP of Industry Analytics. "The trend toward infused products such as
edibles is particularly acute in Colorado's recreational market, where retailers moved more than three times as many infused
products as medical dispensaries did in the first half of 2016, according to the report."
In addition to the finding that concentrate demand is surging, a BDS
Analytics survey, in partnership with ArcView Market
Research reveals that women make up the majority of new cannabis customers in Colorado and California.
The move towards extract-based products also supports public health policies that provided safer and more discreet
alternatives to the combustion based methods of cannabis consumption.
About Quadron: Quadron Capital focuses on authorized cannabis automated and extraction processing and
sales of end user delivery solutions such as vape pens, capsules and other safer consumption solutions for patients.
For more information, visit: www.quadroncapital.ca.
On behalf of the Board of Directors of
QUADRON CAPITAL CORPORATION
Rosy Mondin, Director
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.