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Quadron Cannatech Corp
Symbol QCC
Shares Issued 71,650,447
Close 2018-11-29 C$ 0.20
Recent Sedar Documents

Quadron to supply extraction facility to CBD Science

2018-11-29 10:18 ET - News Release

Ms. Rosy Mondin reports

QUADRON SIGNS AGREEMENT TO SUPPLY PORTABLE EXTRACTION AND PROCESSING FACILITY FOR CBD SCIENCE PROCESSING CORP.

Quadron Cannatech Corp. has entered into an agreement with CBD Science Processing Corp. to supply a portable extraction and processing facility, which will be delivered in Q1 2019.

The portable extraction and processing facility is self-contained and includes turnkey components from Quadron Cannatech's portfolio of machines, including the Boss next-generation CO2 (carbon dioxide) cannabis extraction system, a biomass preparation unit, various filtration components and additional equipment, giving CBD Science the ability to process up to 2,000 kilograms of biomass per month.

"We are excited to announce this agreement, supporting a B.C.-based company in bringing high-quality cannabis concentrates and derivative products to the Canadian marketplace," commented Rosy Mondin, chief executive officer of Quadron Cannatech. "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 Cannatech's portfolio of machines includes 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 Cannatech recently announced 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 co-operation; specifically, in supporting our global expansion into the international cannabis industry," commented Chand Jagpal, director of CBD Science Group.

About Quadron Cannatech Corp.

Quadron Cannatech 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 vapour pens) for medical and recreational consumers.

We seek Safe Harbor.

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