Micron to Deliver First Cannabis Waste Digester to Aurora Cannabis

Ryan Allway

June 12th, 2018

News, Top News

VANCOUVER, British Columbia, June 12, 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 waste, is pleased to announce the design and manufacturing of its Cannabis Waste Digester is now complete, with delivery to Aurora Cannabis Inc.’s (“Aurora”) (TSX:ACB) facility in Mountain View County, Alberta scheduled for the week of June 25, 2018.

At Aurora Mountain, a 55,200 square foot, purpose-built cannabis production and cultivation facility with an output of approximately 4,800 kg of premium cannabis each year, the unit will undergo final on-site beta testing and optimization specific to production cycles. To date, organic waste from the facility has been processed using traditional methods under Health Canada regulations.

The Micron Cannabis Waste Digester, with multiple patents pending, was engineered based on proprietary foundation technology proven through an extensive food waste processing project with a large supermarket chain. The Mountain facility unit is the first of several commissioned by Aurora, subject to the technology meeting certain milestones, under a collaboration agreement announced in December 2017. Subsequent units will be available to Canadian, American and international cannabis cultivators.

“The Cannabis Waste Digester is a model of green technology innovation and its shipment to Aurora for final testing is a key milestone that positions us well to access this rapidly growing market,” said Micron President Alfred Wong. “Our digester offers cannabis cultivators the ability to treat cannabis waste on-site without the need for hauling to landfills or incineration. Importantly, it treats cannabis residues and keeps them out of the waste stream, while producing clean water and facilitating efficient waste inspection for growers and regulators.”

The Company’s proprietary Cannabis Waste Digester, 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.

“Industry-leading innovation is central to the Aurora Standard,” said Dieter MacPherson, Aurora’s Vice President of Production. “We asked Micron to work with us to reinvent cannabis waste processing to make it more cost-effective, less onerous, and particularly environmentally sound. We look forward to receipt of the first Cannabis Waste Digester at Aurora Mountain and working with the Micron team to fine tune it to meet our specifications.”

Water extracted from cannabis waste by the Micron digester is treated to meet local water discharge standards or can be recycled back into the cultivation process. Cannabinoid residues – including Δ9-THCA, Δ9-THC, CBDA, CBD, and CBN – present in the waste streams are denatured.

“Developing a platform to denature cannabis residues was an exciting scientific and technological challenge,” said Micron Waste Chief Technology Officer Dr. Bob Bhushan, developer of Micron’s commercial organic food waste digester system. “I am extremely proud of our scientific team of biologists and engineers who took this project from concept to completion in under six months. We exceeded the requirements of Health Canada’s Access to Cannabis for Medical Purposes Regulations and improved on our previous high standards for waste water purification, which were already over and above those stipulated in municipal discharge regulations.”

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.

Source: GlobeNewswire (June 12, 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.

Search CannabisFN

Press Coverage

Psychedelics Index

Visit the CFN Video Library

Join Our Facebook Page

Top Videos

CFN Media / Paul Rosen

Watch CFN Media’s exclusive three part interview with Paul Rosen, one of the most active and diversified investors in the emerging cannabis industry. Paul gives his insights on the global cannabis industry and discusses his new endeavors. Become a CFN Media Client Paul Rosen is a noted career entrepreneur and management consultant. Over the last […]

Neill Dixon of O’Cannabiz Conference & Expo

The producers of O’ Cannabiz have decades of experience producing national-profile events and creating global connections between business communities in the arts, broadcasting, media and technology. They have organized trade summit initiatives with governments around the world. And they have worked closely with sponsors in all levels of Canadian government.

Future Farm Technologies Inc.

Future Farm Technologies Inc. develops and acquires technologies that position it as a leader in the evolution of Controlled Environment Agriculture (CEA).

Gabriella’s Kitchen Inc.

Gabriella’s Kitchen (GABY) is a pure-play cannabis wellness company.

Network Partners

Follow Us on Social Media

Facebook

Twitter

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/.