Quadron Signs Agreement to Supply Portable Extraction and Processing Facility for CBD Science Processing Corp.
30 November 2018 - 12:30AM
Quadron Cannatech Corporation (the
“Company” or
“Quadron”)
– (CSE: QCC), is
pleased to announce that it has entered into an agreement with CBD
Science Processing Corp. (CBD Science) to supply a Portable
Extraction and Processing Facility, to be delivered in Q1 2019.
The Portable Extraction and Processing facility
is self-contained and includes turnkey components from Quadron’s
portfolio of machines including the BOSS next generation CO2
cannabis extraction system, a biomass preparation unit, various
filtration components and additional equipment giving CBD Science
the ability to process up to 2,000kg of biomass per month.
“We are excited to announce this agreement
supporting a BC-based company in bringing high-quality cannabis
concentrates and derivative products to the Canadian marketplace,”
states Rosy Mondin, CEO of Quadron. “Cannabis concentrates are the
fastest growing sector of the industry. We’ve been working
diligently to establish relationships with key partners and clients
to strategically position Quadron as the leading provider of
extraction and processing solutions as the industry prepares for
the legalization and regulation of cannabis concentrates and
edibles in Canada in 2019. We have the key personnel in place,
along with innovative technology to mark 2019 as a key growth year
for Quadron.”
Quadron’s portfolio of machines consists of the
BOSS, a next generation CO2 Supercritical Extraction System,
designed and developed in-house to simplify extraction with the
benefits of automation and data analytics. In addition, Quadron
recently announced the BEAST, a fully-automated, touch screen
control, highly effective continuous flow Ethanol Extractor.
“Quadron has not only impressed our engineers
with the technical capability of the BOSS system, but also our
management team with their business savvy aptitude and cooperation;
specifically, in supporting our global expansion into the
International Cannabis industry,” stated Chand Jagpal, Director,
CBD Science Group.
About Quadron: Quadron provides
equipment, products and service solutions for the authorized
cannabis industry by providing a full array of end-to-end
extraction and processing solutions, including sales of end user
delivery options (such as vapor pens) for medical and recreational
consumers.
For more information, visit:
www.quadroncannatech.com
On behalf of the Board of Directors ofQUADRON
CANNATECH CORPORATION
Rosy MondinCEOrosy@quadroncannatech.com
Investor Relations Contact:KIN Communications
Inc.Caleb Jeffries, VP, Investor
Relations1-866-684-6730QCC@kincommunications.com
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.
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