extractX-logo

extractX: Providing Turnkey Mobile Extraction Solutions for a Growing Global Cannabis Industry


extractX focuses on designing, constructing and operating industrial-scale mobile extraction laboratories around the globe. A Canada-based mobile extraction solutions company, extractX has designed, built and trained the operators of state-of-the-art, industrial-scale mobile extraction laboratories.

The company operates a turnkey lab service that can deliver up to 105 liters of distillate per day. This turnkey service costs considerably less than if a customer was to build a lab, which can run from C$3 million to C$6 million. Using extractX’s solution also ensures speed-to-market advantage for clients who desire to start processing quickly.

Turnkey lab serviceextractX’s mobile technology can process up to 500,000 pounds of biomass per year into distillate within a small footprint. Additionally, the company offers skilled technicians to facilitate these operations, contributing to the value-added turnkey model for extractX’s partners.

Company Highlights

  • extractX is a Canada-based mobile extraction solutions company focused on designing, constructing and operating industrial-scale mobile extraction laboratories around the globe.
  • The company operates a turnkey lab service that can be built into customers’ facilities. The service can deliver up to 105 liters of distillate per day.
  • extractX extraction and distillation solutions are fully mobile with the potential for expansion within small footprints.
  • In 2023, the company looks forward to building its facility capabilities with the construction of up to six new laboratory units by the end of the year.

This extractX profile is part of a paid investor education campaign.*

Click here to connect with extractX to receive an Investor Presentation

The Conversation (0)
Person touching a cannabis plant; Australia map in flag colours.

ASX Cannabis Stocks: 10 Biggest Companies

While Australia has yet to legalise all forms of cannabis, the country is a growing medical cannabis and hemp market, with many companies manufacturing, researching and exporting the plant-based product.

Medical cannabis was federally legalised in 2016, and the export of cannabis from Australia was legalised in 2018. As for recreational use, the only state to legalise recreational use and possession so far is the Australian Capital Territory, which did so in 2020, but it did not establish a regulated recreational cannabis market.

The country's medical cannabis market has been steadily expanding in size and scope. A Penington Institute report shows that Australians spent approximately AU$400 million on medicinal cannabis in the first half of 2024, 72 percent higher than the AU$234 million they spent over the entirety of 2022.

Keep reading...Show less
Cannabis leaves, gavel.

Cannabis Round-Up: Rescheduling Faces New Roadblocks, SAFER Banking Act Gets Another Look

February 2025 was characterized by an evolving legislative landscape and important financial updates from major players.

These developments underscore the complex and dynamic nature of the sector as it continues to navigate legal, financial, and regulatory challenges while experiencing ongoing growth and evolution.

Discussions around cannabis rescheduling, changes in federal agency leadership, state-level legalization efforts, and financial reports from key companies all contributed to a month of notable activity in the cannabis space.

Keep reading...Show less

Trulieve Announces Launch of Onward: A Premium THC Beverage

Available now online and coming soon to select Total Wine locations in Florida

Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the launch of Onward, a premium, non-alcoholic THC beverage offering a modern alternative for social occasions. These Farm Bill compliant beverages are available now online and coming soon to select Total Wine locations in Florida .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Cronos Group Inc. to Hold 2024 Fourth Quarter and Full-Year Earnings Conference Call on February 27, 2025

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos" or the "Company") will hold its 2024 fourth-quarter and full-year earnings conference call on Thursday, February 27, 2025 at 8:30 a.m. ET. Cronos' senior management team will discuss the Company's financial results and will be available for questions from the investment community after prepared remarks.

To attend the conference call or webcast, participants should register online at https://ir.thecronosgroup.com/events-presentations . To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company's website.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Trulieve to Open Dispensary in Columbus, Ohio

New Franklin County location will host grand opening celebration Friday, February 21 st

Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new dispensary in Columbus, Ohio .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Trulieve to Open Medical Cannabis Dispensary in Middleburg, Florida

New Clay County location will host grand opening celebration Friday, February 14 th

Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in Middleburg, Florida .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×