Company Prepares for Commercial Production of
Units for Cannabis Industry
- Environmental – Water reclaimed from cannabis waste was API-
and contaminant-free, allowing for re-use in growing operations or
safe discharge. On-site treatment removed the need to landfill,
haul or incinerate waste.
- Compliance – Micron-treated cannabis waste exceeded Health
Canada requirements. The Company's proprietary software further
optimized the compliance process through comprehensive data
collection and recordkeeping.
- Automation – Micron's innovative and automated systems
significantly reduced time requirements for waste
handling.
VANCOUVER, Sept. 24, 2018 /CNW/ - Micron Waste Technologies
Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF,
Frankfurt: 7FM2), a leading
developer of waste digesters for food and cannabis waste, today
reported positive results from the optimization of the Cannavore™
cannabis waste processing units with Aurora Cannabis Inc.
("Aurora") (TSX: ACB). The Company will now optimize the technology
for sub-zero operations, as well as add computerized remote
operating capabilities, following which Micron will commence to
offer the units commercially.
"We are very pleased with the outcome of the trial and are now
moving into commercialization and will begin selling the units to
the wider cannabis industry," said Micron president Alfred Wong. "With the onset of adult usage in
Canada and a rapidly growing
international cannabis market, the number of operators in the
sector has increased dramatically. Current waste disposal methods
are expensive and inefficient. Our technology not only
significantly improves the economics of cannabis waste disposal,
but also streamlines compliance procedures, leading to a
substantial reduction in time requirements to deal with waste
handling. With our technology, customers will be at the forefront
of innovation and environmental stewardship, showing leadership
through commitment to clean air and water in Canada and around the world."
Micron's first Cannavore was trialed at Aurora's Mountain
facility near Calgary, which is
one of seven Aurora facilities. Subject to Micron's technology
meeting certain milestones per a collaboration agreement announced
in December 2017, Aurora has
committed to installing Micron's technology at its other
facilities. Site visits have commenced for Aurora Vie in
Montreal and Aurora Sky in
Edmonton. Micron is developing
additional units earmarked for these sites.
"With guidance from Aurora, we have developed a system which
checks a box previously overlooked by cannabis cultivators," said
Dr. Bob Bhushan, Micron co-founder
and chief technology officer. "Data capturing and processing is
invaluable and now customers using the Cannavore can go beyond
"seed-to-sale" and mine cannabis waste analytics to improve
efficiencies, reduce staff time, aid compliance and help evaluate
growing operation metrics."
The industrial-grade Cannavore pulverizes and renders cannabis
waste in combination with a proprietary blend of microbes and
enzymes designed and developed by Micron. Importantly, as part of
Micron's full-system waste treatment platform, effluent from the
digester is further treated to derive clean greywater which can be
re-used in growing operations. Alternatively, the treated
regulatory-compliant greywater from the Cannavore, which meets
municipal discharge standards, can be safely discharged. Active
pharmaceutical ingredients (APIs) in cannabis waste are further
biologically treated via a proprietary process to denature
cannabinoids present, keeping them out of watersheds where they
could bio-accumulate.
The Micron Cannavore was engineered based on proven technology
used by the Company in its Organic Waste Digester Unit. 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.
The Cannavore Digester and the Organic Waste Digester units have
been awarded an Industrial Design Certificate of
Registration from the Canadian Intellectual Property Office
(CIPO), with patent pending in the United
States.
About Micron Waste Technologies Inc.
Micron Waste
Technologies Inc is a well-funded technology company with over
$6 million in working capital. The
Company's organic waste management system processes organic waste
directly on-site and treats the resulting waste water into clean
water which meets municipal sewage discharge standards. The treated
water can be discharged directly into the sewer or recycled back
into industrial or agricultural operations. The Company has
developed the world's first cannabis waste management system which
denatures APIs from waste streams. Please visit our website at
www.micronwaste.com for further information. Micron is a public
company with listings on the CSE: MWM, OTC: MICWF, and in
Frankfurt: 7FM2.
On Behalf of the Board
Rav Mlait
Chief Executive Officer and Director
The 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.
SOURCE Micron Waste Technologies Inc.