Seattle, Washington--(Newsfile Corp. - December 7, 2017) - CFN Media Group ("CannabisFN"), the leading creative agency and media
network dedicated to legal cannabis, announces publication of an article covering Quadron Cannatech Corporation (CSE: QCC) and its position in the cannabis extraction
and distillation business, one of the fastest growing subsets of the legal cannabis industry.
Why Extraction Matters
Cannabis concentrates have become increasingly popular among both regulators and consumers over the years. In the United States,
Minnesota and New York have banned smokable forms of marijuana in favor of concentrates and infused products. And California sold
nearly $170 million worth of cannabis concentrate products during the second quarter of 2017 alone - a figure that's expected to
rise with the legalization of adult-use marijuana.
In Canada, cannabis oil consumption is expected to grow from 284 litres in 2015 to 562,613 litres by 2020, according to Mackie
Research, which represents a 198,000% growth rate. Dried cannabis consumption, by comparison, is expected to grow just 1,600% from
6,388 kilograms in 2015 to 110,034 kilograms by 2020. There's a clear trend towards concentrates taking a bigger piece of market
share from dried cannabis products. Not only do cannabis concentrates help doctors provide more precise medicine and dosing to
their patients, consumers can also realize the benefits of cannabis without having to smoke the substance.
Unique & Innovative Approach
Quadron Cannatech Corporation (CSE: QCC) aims to
capitalize on the growing demand for cannabis concentrates through its focus on automated extraction and processing solutions.
President & CEO Rosy Mondin is a lawyer that is well-known in Canada's cannabis industry. In 2014, members of the cannabis
industry began contacting her to assist with their MMPR applications, or otherwise become involved with the applicant company.
That's when she saw an opportunity and consulted with some of her contacts to explore a business venture in the cannabis space.
They considered applying to become a licensed producer, but ultimately decided to look outside of licensing due to the time and
risk involved.
Quadron Cannatech was formed with an in-house engineering, manufacturing, and science team to focus on developing automated
extraction and processing solutions. The team designed and manufactured its High Flow CO2 Supercritical Extraction Technology fully
in-house as an industry leading extraction technology. At the same time, the company generates revenue from service contracts with
its customers that are tailored to their specific needs.
The innovative extraction technology features:
-
Full automation of temperature, rate, and pressure.
-
Increased flow and yield with a 3-4x faster processing cycle.
-
Plug and play functionality with no configuration.
-
Software that collects, stores, and analyzes data.
-
Programmable cycles.
-
Small footprint.
-
12,000 kilogram annual capacity.
-
Low cost of operation.
Future Expansion Plans
Quadron Cannatech recently signed a definitive
agreement with Lucid Labs - a leading cannabis equipment distributor based in Washington State - to enter into the U.S.
market. The move helps immediately increase distribution of the company's technology into the United States, while the partners
also signed a deal to co-develop new processing systems for commercial release down the road.
In addition to its new distribution, the company is actively developing mobile extraction equipment that it believes could help
licensed producers in Canada scale up their internal production of cannabis concentrates. Management is targeting a Q1 2018
completion date for the technology and anticipates two mobile units in the field by Spring 2018. If successful, the transition into
this area could pave the way to a lucrative niche market.
Finally, the company has expanded into branded ancillary products for authorized growers. These product lines are designed to
make it easy for licensed producers to roll out new concentrate-related products, such as vape pens, cartridges, inhalers,
capsules, tinctures, edibles, and suppositories. Since the R&D is already done, it accelerates a licensed producer's time to
market and improves their product offerings.
Please follow the link to read the full article: http://www.cannabisfn.com/quadron-cannatech-picks-shovels-cannabis/
For more information, visit the company's website or download their investor presentation.
About CFN Media
CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana
businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and
brands in the US and Canada rely on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/become-featured-company/
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your
iPhone: http://www.cannabisfn.com
Disclaimer:
Except for the historical information presented herein, matters discussed in this release contain forward-looking statements
that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results,
performance or achievements expressed or implied by such statements. Emerging Growth LLC, which owns CFN Media and CannabisFN.com,
is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment
advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities
mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers
should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or
equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/
Contact
CFN Media
Frank Lane
206-369-7050
flane@cannabisfn.com
