Micron Waste Receives Health Canada Cannabis
Research License
Vancouver,
BC, Canada -- August 27, 2019 -- InvestorsHub NewsWire
-- Micron Waste Technologies Inc. ("Micron" or the
"Company") (CSE: MWM, OTC: MICWF, Frankfurt: 7FM2,
OTCQB"MICWF), a leading
developer of waste treatment systems for cannabis and food waste,
today announced it has received a Health Canada Cannabis Research
License to develop its aerobic waste digester technology for the
treatment of cannabis waste. The license, effective for five years
commencing August 23, 2019, will be used to further develop the
world’s first waste treatment system that alters and denatures
cannabis waste while recovering reusable water. The Company’s
R&D team, led by Chief Technology Officer and Founder Dr. Bob
Bhushan, will employ the new license to accelerate and expand the
cannabis waste and wastewater programs, both through its
industry-leading Cannavore™ waste processing system and through its
developing facility wastewater management program at the Micron
Waste Innovation Centre in Delta, BC.
“The Micron R&D team
is focused on the current and future needs of cannabis facilities
seeking sustainable waste management, both solid and liquid,” said
Dr. Bhushan. “Accordingly, the Company is developing the most
efficient, compliant management of green waste through our
Cannavore digester technology. In addition, we are now expanding
our wastewater treatment protocol to better assist licensed
producers domestically and internationally to reclaim, reuse or
compliantly discharge all facility wastewater generated in the
cultivation of cannabis.”
Cultivar
and Cannabinoid Profiling Program
Micron will also begin
profiling and cataloging cannabis cultivars, also known as strains,
to identify resin and fibre content. Under the auspices of the
Company's new research license, in-house characterization test
programs will commence to identify optimal microbe and enzyme
blends for the highest performance in the Cannavore™ digestion
process. Micron's proprietary live agent blends, based on its
patented bioprocess, can then be targeted for the most rapid and
efficient destruction, digestion and denaturing of biomass and
Active Pharmaceutical Ingredients (APIs) according to leaf, flower
and stalk ratios and cannabinoid
content.
Environmental
Consulting Services
Further to Micron's
Cannavore™ solid waste management program, the Company is now
positioned for core competency in overall cannabis facility
wastewater management. Dr. Bhushan, who has over 20 years of
experience in digestion science and wastewater treatment in Canada
and internationally, will lead Micron's cannabis facility
wastewater mitigation consulting services, which will be offered to
existing and planned cannabis facilities seeking to sustainably
address both green waste and water management through the
reclamation and purification of facility
wastewater.
"Micron's team of
scientists and engineers, assisted by the support of strategic
partners Aurora Cannabis Inc. and BC Research Inc., is unique in
the world in terms of specialization, experience and knowledge in
the management of solid cannabis waste and the purification of
cannabis-containing wastewater," said President and CEO Alfred
Wong. "We intend to leverage this valuable portfolio of expertise
to expand our potential revenue base, consulting to and servicing
cannabis cultivators seeking overall sustainable, compliant solid
waste and wastewater management.
Cannavore™
Collaboration
and
Aurora Cannabis Inc., Organivor™ and New Verticals
Update
Micron's Cannavore™ waste system prototype continues to meet
milestones at Aurora Cannabis Inc.'s Mountain facility
near Calgary, where is it undergoing full throughput
processing and stress testing. The world's first closed-loop
cannabis waste processing system was designed to Aurora's
specifications to be a clean technology solution to process organic
waste generated from the growth and cultivation of cannabis, while
mitigating concerns about the potential environmental
impact.
Micron currently has
additional Cannavore™ systems under construction, working with
strategic partner BC Research Inc. Micron's Organivore™ food waste
system prototype is currently being upgraded with new technology
developed for the Cannavore™. In the Company's New Verticals
Program, additional waste targets are being assessed in food
processing and brewing and spirits, using the on-site laboratory
and Organivore™ test unit at the Company's Innovation
Centre.
About
Micron Waste Technologies Inc.
Micron is a leading green
technology company that develops organic waste treatment and water
reclamation systems. Micron focuses on developing solutions for
organic waste and specialized waste streams including cannabis
cultivation waste. Micron's patented aerobic bioprocess
substantially reduces the volume of organic waste, minimizes
greenhouse gas emissions generated from trucking and landfilling,
and produces clean water that meets municipal effluent discharge
standards. The Company has a strategic partnership with Aurora
Cannabis Inc. (TSX:ACB,
NYSE:ACB), one of the world's leading cannabis companies. In
addition, Micron is partnered with BC Research Inc, part of the
NORAM Group of Companies, with extensive experience in large scale
private and municipal wastewater treatment systems. Micron is a
public company with listings on the CSE: MWM, OTC: MICWF, and in Frankfurt:
7FM2. Please visit
www.micronwaste.com for further
information.
Kal
Malhi
Chairman
For
further information:
Karen Lauriston, VP
Corporate
+1.905.691.1185
karen@micronwaste.com
The Canadian Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.
FORWARD
LOOKING STATEMENTS:
The
forward-looking information contained in this press release is made
as of the date of this press release and, except as required by
applicable law, the Company does not undertake any obligation to
update publicly or to revise any of the included forward-looking
information, whether as a result of new information, future events
or otherwise, except as may be required by law. By its very nature,
such forward-looking information requires the Company to make
assumptions that may not materialize or that may not be accurate.
This forward-looking information is subject to known and unknown
risks and uncertainties and other factors, which may cause actual
results, levels of activity and achievements to differ materially
from those expressed or implied by such information.
Micron Waste Technologies (CSE:MWM)
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