Vancouver, British Columbia, June 12, 2018 – 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.
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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.