Micron Awarded Industrial Design Certificate of Registration for Food and Cannabis Waste Digester


Ryan Allway

July 9th, 2018

News, Top News


VANCOUVER, British Columbia, July 09, 2018 (GLOBE NEWSWIRE) — Micron Waste Technologies Inc. (the “Company”) (CSE:MWM) (OTC:MICWF) (Frankfurt:7FM2), a leading developer of aerobic digester solutions for the treatment of organic food and cannabis waste, has been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO) for its commercial Organic Waste Digester Unit. Micron’s Application Number 177758 sought and won intellectual property protection for innovative features unique to Micron’s unit, which processes both food waste and cannabis plant waste on a commercial scale. The Company’s design patent is also pending in the United States.

The CIPO design patent is valid for five years with an option to renew for an additional five years of exclusivity. The new functional design enhances food waste digestion efficiency by up to 40% while reducing the machine’s footprint and waste digestion time. The patent-pending technology was repurposed for Micron’s Cannabis Waste Digester. The Company’s first Cannabis Waste Digester unit was delivered to Aurora Cannabis Inc.’s (“Aurora”) (TSX:ACB) Mountain facility outside Calgary, Alberta on June 28, 2018.  At 55,200 square foot Aurora Mountain, which produces 4,800 kg of premium cannabis each year, the unit will undergo final site installation and calibration to match production cycles.

The Cannabis Waste Digester, an industrial-grade organic waste processor, pulverizes and renders organic 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 industrial or agricultural operations. Alternatively, the treated regulatory-compliant greywater from the Cannabis Waste Digester, which meets municipal discharge standards, can be safely discharged. Active pharmaceutical compounds in cannabis waste are further biologically treated to denature cannabinoids present, keeping them out of waste streams.

“Receipt of the CIPO Industrial Design Certificate is further testament to Micron’s innovation in agricultural and organic waste processing biotechnology and engineering,” said Micron President Alfred Wong. “It has always been Micron’s intention to create a system that was not only best-in-class, but one that re-invented that class entirely. Our platform marries organic waste digestion with water reclamation and purification to solve our customers’ waste processing needs cleanly, cost-effectively and without dumping effluent downstream where it causes problems for municipal waste treatments plants.”

The Organic Waste Digester system, an environmentally-sound green technology platform, also uses advanced computer science for remote real-time diagnostics monitoring and control. The comprehensive system has been engineered to operate on-site where needed in a contained unit which does not emit sound or smell, while exempting customers from the need to haul, incinerate or landfill waste.

The Micron Cannabis Waste Digester was engineered based on proven technology used by the Company in its Organic Waste Digester Unit. The Company’s Cannabis Waste Digester system resulted from a collaboration with Aurora to develop a clean technology solution to process organic waste generated from the growth and cultivation of cannabis, while mitigating concerns about the potential environmental impact. Active cannabinoid residues are altered and denatured through use of patent-pending microbial and enzymatic digestion agents. Importantly, the Micron system reclaims water from cannabis waste and purifies it for re-use in growing operations. The Mountain facility unit is the first of several to be commissioned by Aurora, subject to the technology meeting certain milestones per a collaboration agreement announced in December 2017. Subsequent units will be available to Canadian, American and international cannabis cultivators.

Cannabis Waste Digester Naming Contest
Micron is currently holding a naming contest for the Cannabis Waste Digester, with the winner to receive $2000 USD and an all-expenses paid trip for two to the Aurora Mountain facility to christen the unit. The contest is open to residents of Canada and the United States. To enter and for full contest details, please visit www.micronwaste.com/contest. The contest closes July 31, 2018.

Stock Option Grant
On July 6, 2018, the Company granted 865,000 options to purchase common stock to various directors, officers, employees, and consultants, at an exercise price of $0.55, for a term of five years, pursuant to the Company’s incentive stock option plan.

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 Digester which denatures active pharmaceutical compounds 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

For further information contact:

Media Inquiries:
Karen Lauriston
+1.905.691.1185
karen@micronwaste.com

Investor Relations

+1.844.318.8216

info@micronwaste.com

www.micronwaste.com

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.

Primary Logo

 

Source: GlobeNewswire (July 9, 2018 – 7:00 AM EDT)

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading