05:15:51 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Arev Brands International Ltd
Symbol AREV
Shares Issued 45,834,209
Close 2019-04-24 C$ 0.235
Market Cap C$ 10,771,039
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Arev enables scalability for Fast Freeze Extraction

2019-04-24 16:17 ET - News Release

Mr. Mike Withrow reports

AREV ANNOUNCES MAJOR ADVANCEMENT IN EXTRACTION SCALABILITY AND THROUGHPUT

Arev Brands International Ltd. has modified its subcritical Fast Freeze Extraction (FFE) systems to be fully scalable to handle tonnes of biomass on a continuous basis and has developed a patentable method that increases the ability to separate waxes from biomass on the fly.

Arev, a cannabis intellectual property (IP) and integrator company through its strategic partnership with Alternative Extracts Inc. (AEI), has also arranged a strategic collaboration between the company and AEI, a leading extraction technology company in Surrey, B.C., focused on projects working with materials, including ginseng, sea cucumber, hemp, frankincense, agarwood, turmeric and other exotic plant material from Asia. The collaboration involves information sharing and testing of various methods using different temperatures, pressure, flow rates, separations, solvents, gasses and vessels to produce high-value oils with unique chemistry. AEI has expertise and patents on bio-similar cannabinoids from non-regulated sources and is working with Arev to apply this fractionation method to large-scale cannabis and hemp biomass.

"We are pleased and have a sense of accomplishment in this advancement to the extraction capabilities we now have. We believe that this segment of our business has been overlooked by the investing public. Our capabilities in extraction have always been there, and, now with this advancement, I am comfortable to say we have become a leader. This is another statement of our commitment to operate at the forefront of science and technology," stated Arev chief executive officer Mike Withrow.

About Arev Brands International Ltd.

Arev Brands International produces and delivers functional compounds and ingredients from its world-class extraction systems. Arev is revolutionizing the current delivery method of terpenes, cannabinoids and flavonoids. These premium ingredients and formulations are used in products targeted for sale in the natural health, medical, functional food, nutraceutical, sport nutrition and bioceutical markets. Arev innovates through extraction to produce extracts from specific selected plant and exude from trees that address five areas of health, including anxiety, pain management, insomnia, central nervous system disorders and libido.

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