VANCOUVER, British Columbia, June 07, 2018 (GLOBE NEWSWIRE) — Quadron Cannatech Corporation (the “Company” or “Quadron”) – (CSE:QCC), is pleased to announce that it has completed a sale of its first mobile extraction module to TLC Botanicals Inc. (TLC Botanicals), located in Langley, British Columbia.
TLC Botanicals is a First Nation holistic family-oriented company, working cooperatively with First Nations towards building and operating licensed facilities and providing medical cannabis to both First Nations and conventional patients. Shamans First Choice dispensary, a subsidiary of TLC Botanicals will provide medical cannabis to approved patients in Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR).
Quadron designs, constructs and deploys mobile extraction laboratories to service the cannabis sector. Many growers have limited square footage to build and operate a full extraction and processing facility – Quadron’s mobile extraction system is a state-of-the-art modular, self-contained and fully portable extraction and processing laboratory. Quadron’s mobile units come in different modules to accommodate the specific production needs of the client. Each module offers a scalable controlled-environment, which takes up a limited footprint, and is shipped on-site and installed in less than a day.
Rosy Mondin, CEO of Quadron states, “Through innovative engineering, and by leveraging our extraction and processing knowledge and expertise, we’ve designed a turn-key, drop in place, fully-functioning extraction environment. The end-result is a processing solution that serves a growing demand within the cannabis industry, enabling participants to process plants for terpenes and other cannabis compounds in a safe and professional setting.”
Dave Campbell, General Manager and Director of TLC Botanicals states: “It was a pleasure working alongside the Quadron team in the purchase of our new extraction unit. The professionalism they showed us was evident as they took our customized order and made the necessary adjustments to maximize the production levels we require. We look forward to future dealings with Quadron and its great team.”
About Quadron: Quadron, provides equipment, products and service solutions for the authorized cannabis industry by providing a full array of end-to-end extraction and processing solutions, including sales of end user delivery options (such as vapor pens) for medical and recreational consumers.
For more information, visit: www.quadroncannatech.com
On behalf of the Board of Directors of
QUADRON CANNATECH CORPORATION
Investor Relations Contact:
KIN Communications Inc.
Caleb Jeffries, VP, Investor Relations
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.