TORONTO, May 20, 2019 (GLOBE NEWSWIRE) -- World Class Extractions Inc. (“World Class”) (CSE: PUMP) (FRA:WCF) is pleased to announce that its acquisition target Quadron Cannatech Corporation (the “Company” or “Quadron”) (CSE: QCC), will begin to take reservations to toll process hemp or cannabis with the “BIG BEAST”, a fully automated, touch screen control continuous flow Ethanol Extractor System. The “BIG BEAST is the latest addition to the BEAST family of extractors, with estimated processing capacity of up to 20,000 kg of biomass per day - over 5,000,000 kg of biomass annually.
The BIG BEAST will be in production later this year following extensive innovative engineering which anticipates extracting and processing industrial scale biomass for the hemp and cannabis industry.
Some Key BIG BEAST Advantages:
- Compliant with GPP (Good Production Practices) and GMP (Good Manufacturing Practice)
- Advanced proprietary biomass cooling with ERS (Energy Recovery Exchange)
- Continuous flow extraction with inline solvent recovery and surge storage
- Equipped with proprietary “Crossflow” ethanol maximizer to operate within daily NFPA (National Fire Protection Association) ethanol limits
- Advanced filtration stacks
The BEAST family of extractors compliments Quadron’s portfolio of the “BOSS” line of extraction systems – the next generation co-solvent cannabis and hemp extraction systems that were built to simplify extraction with the benefits of automation and data analytics; as well as the Company’s Mobile Extraction Module – a state-of-the-art self-contained and fully portable extraction and processing laboratory. The Company is also preparing several additional machines with novel inhouse technology for the cannabis and hemp industry, including: a biomass dehydration system, a preparation and grinding unit, as well as an advanced filtration system.
Rosy Mondin, CEO of Quadron commented, “We are excited about the development of the BIG BEAST, the first of its kind in North America. The BIG BEAST is a high efficiency ethanol extraction system which represents the end result of extensive research and development. The BIG BEAST should have the capability of providing farmers and licensed participants the ability to process extraordinary amounts of biomass per day.”
“We are excited by Quadron’s latest technological advancement towards developing a high efficiency, low cost extraction solution for the hemp and cannabis markets,” said Michael McCombie, CEO of World Class Extractions. “This latest development allows WCE to focus on large scale extraction and supply of CBD derived from hemp in the United States.”
The Company will deploy the BIG BEAST later this year in selected US states and Canada. Interested parties are encouraged to contact the Company directly for more information.
About World Class Extractions
World Class is a Canadian based developer of an innovative, large scale extraction process for both the hemp and cannabis industry. The Company intends to provide single step continuous flow extraction services to the hemp and cannabis industry. Using patent pending technology, World Class’ results produce higher yields and better quality full spectrum crude hemp oil at faster rates. The technology allows the extraction of CBD Oil and other related extracts from wet or dried natural plants. World Class can save its clients floor space, utility drying costs, equipment and processing labour costs.
For more information, visit: www.wcextractions.com.
On behalf of the Board of Directors of
WORLD CLASS EXTRACTIONS INC.
Michael McCombie
Chief Executive Officer
mike@wcextractions.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements. In making the forward-looking statements in this release, the parties have applied certain factors and assumptions that are based on the parties' current beliefs as well as assumptions made by and information currently available to the parties. Although the parties consider these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. The parties do not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
