GREENBELT RESOURCES BIOETHANOL TO BE TESTED BY PURATION INC. FOR USE IN PATENTED CBD EXTRACTION PROCESS
August 17 2017 - 11:53AM
InvestorsHub NewsWire
GREENBELT RESOURCES BIOETHANOL TO BE TESTED BY PURATION
INC. FOR USE IN PATENTED CBD EXTRACTION PROCESS
PASO ROBLES, CA -- August 17, 2017
-- InvestorsHub NewsWire -- Greenbelt Resources Corporation
(OTC: GRCO) has announced that
Puration, Inc. (OTC: PURA) has selected its
bioethanol to test for potential use in Puration’s patented CBD
(cannabidiol) extraction method. Extraction methods commonly use
ethanol but this will be the first time bioethanol produced from
Greenbelt’s patent pending energy efficient membrane dehydration
technology will be used in the process. Greenbelt produces its
bioethanol from local waste streams including those produced by
breweries and wineries.
Greenbelt has also developed a waste-to-energy technology known
as ECOsystem that can be used as a global solution to address
multiple types of food waste including those created on the farm
and during the food processing. The process produces bioproducts
including bioethanol, fertilizer, potable water and in some cases a
high protein feed for human consumption designed to help meet the growing need for
protein around the world. Greenbelt CEO Darren Eng anticipates
that the ECOsystem technology will not only become a significant
solution in the US but also in countries around the world.
Currently Greenbelt is working on an initiative in Jakarta,
Indonesia, The Indonesian initiative, JababECO, has broken ground.
When the MOU was signed in April, it was celebrated by the attendance
of Indonesian Vice President Jusuf Kalla and U.S. Vice President Mike
Pence.
Extraction processes are used in many industries including the
expanding legalized cannabiniod industry. Recent data shows that nearly
1.9 million North Americans are legally using cannabidiol to manage
medical conditions as severe as polymorphic seizures and as common
as chronic pain, while millions more are consuming it legally in
adult-use states with little or no negative impact. Use is expected
to grow exponentially as more states pass legal use laws.
Puration Inc. recently entered into an agreement with NCM
Biotech, Inc. that is a substantial upgrade to the two companies
previous joint venture agreement. NCM Biotech has licensed to PURA
the right to utilize NCM Biotech’s patented ethanol extraction
process to produce cannabidiol extracts for infusion into
recreational, fitness, wellness, alternative medicine and beauty
products. NCM Biotech exclusively owns U.S. Patent No. 9,199,960
which describes a “Method and apparatus for processing herbaceous
plant materials…” NCM and PURA are combining efforts to build a
state of the art extraction lab where the patented process can be
further refined and tested not just improving the quality of PURA’s
extracts for recreational, fitness, wellness, alternative medicine
and beauty product uses, but also for pharmaceutical
applications.
About Greenbelt Resources
Greenbelt Resources Corporation™ is an award-winning provider of
sustainable energy production systems focused on delivering modular
solutions that enable the localized processing of locally generated
waste into locally consumed products. Greenbelt designs, develops
and implements technology that makes the production of advanced
biofuel reliable, practical and efficient. Controlled by
proprietary automated controls, Greenbelt’s small-scale, end-to-end
modular systems convert food, beverage and other cellulosic wastes
into commercially viable advanced biofuels (bio-ethanol), animal
feed, fertilizer and filtered water. For more information visit
www.greenbeltresources.com.
About Puration
Puration is engaged in the development of standardized and
repeatable cannabidiol extraction processes that can deliver a
consistent and high-quality concentrate for infusion into consumer
food and beverage products that appeal to the recreational and
wellness market segments. For more information visit
www.purationinc.com.
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
Greenbelt Contact:
Darren Eng, CEO Greenbelt Resources Corporation
darren@greenbeltresources.com
888-995-GRCO (4726 x 101)
Forward-Looking Statements
This document includes certain statements, predictions and
projections that may be considered forward-looking statements under
securities law. These statements involve a number of important
risks and uncertainties that could cause actual results to differ
materially including, but not limited to, the supply and demand for
biofuels, our ability to remain technologically competitive and
other economic, competitive and technological factors involving the
Company's operations, markets, services, products and
prices.
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies’ contracts, the companies’ liquidity position, the
companies’ ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not occur.
These statements have not been evaluated by the Food and Drug
Administration. These products are not intended to diagnose, treat,
cure or prevent any disease.
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