VANCOUVER, Aug. 27, 2019 /PRNewswire/ - Micron Waste
Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC:
MICWF, Frankfurt: 7FM2), 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 fiber 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 with Aurora Cannabis Inc.,
Organivore™ and New Verticals Update
Micron's Cannavore™ waste system prototype continues to meet
milestones at Aurora'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
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.
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SOURCE Micron Waste Technologies Inc.