HERITAGE CANNABIS HOLDINGS CORP. (CSE: CANN) (“Heritage” or “Company”) is pleased to announce that it has shipped the first P1200 biomass isolation and compression system to their hemp farming co-operative partnership in Saskatchewan.
This proprietary designed built system is the culmination of years of testing and trials by the Purefarma Solutions (“Purefarma”) group and is designed to remove undesirable plant material to increase the percentages of the Active Pharmaceutical Ingredients of the dried hemp feedstock.
“This system will drive both efficiency and quality out of the source material we receive from our hemp suppliers.” says Graeme Staley, Director of Heritage and CEO of Purefarma. “We anticipate our extraction systems will be run to capacity this year, so by mechanically isolating the matrix of desired compounds, we can optimize input to achieve our target production with fewer processing runs.”
The Company also announces that it has commissioned a second P1200 to be delivered this summer, in anticipation of a growing hemp supply in Western Canada for late 2019 and 2020.
About Heritage Cannabis Holdings Corp.
The Company is focused on becoming a vertically integrated cannabis provider that currently has two Health Canada approved licenced producers, through its subsidiaries PhyeinMed Inc. and CannaCure Corp. both regulated under the Cannabis Act Regulations. Working under these two licences, Heritage has two additional subsidiaries, Purefarma Solutions, which provides extraction services, and BriteLife Sciences which is focused on cannabis based medical solutions. Heritage as the parent company, is focused on providing the resources for its subsidiaries to advance their products or services to compete both domestically and internationally.
ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORP.
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This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.