Micron Waste Technologies Inc. (OTC: MICWF) (CSE: MWM) today announced that the Company has engaged the services of renowned engineering consultancy, BC Research Inc. to accelerate the commercialization process of its waste digester technology for the cannabis industry.
Micron has developed a new technology, based on aerobic digestion and subsequent treatment, that converts organic waste into clean water that meets municipal effluent discharge standards. The effluent from currently available digester-based treatment systems of organic waste does not meet municipal discharge standards and requires costly further treatment. Many organizations that generate organic waste currently use municipal landfill sites for their organic waste, which is costly and has a negative impact on the environment. The merits of Micron’s technology have been successfully demonstrated with a grocery supermarket chain located in British Columbia, Canada, and Micron has entered into a Memorandum of Understanding with the group to plan for additional installation of Micron’s organic waste digester units at other locations in BC.
Per the Company’s press releases of January 15, 2018 and December 19, 2017, Micron has completed a strategic partnership with Aurora Cannabis for the optimization of the Company’s technology for the cannabis industry. The companies are currently progressing well with the preliminary research towards the installation of the first unit at one of Aurora’s cultivation facilities, anticipated for the second calendar quarter of 2018.
Micron has now engaged the services of renowned engineering consultancy BC Research, which has a strong track record in helping commercialize new technologies. BC Research, which predominantly works with large enterprises on process research, custom engineering, pilot plant services, also provides access to a vertically integrated technology development and commercialization ecosystem.
The work with BC Research, which is conducted in parallel with the Aurora Project, serves to deliver a unit that functions in a broad temperature range, making it suitable for deployment on a global scale in wide range of climates. Furthermore, leveraging BC Research`s deep expertise in commercializing technologies, the project aims to develop a digester unit suitable for mass production.
The new unit, which will form the blue print for subsequent commercial units, will be installed at one of Aurora Cannabis’s cultivation facilities for validation in this particular industry. Micron therefore anticipates accelerating time to market for its technology, enabling the Company to commence penetration of the cannabis sector. The optimization for temperature range will significantly increase the marketability of the technology to a range of other industries.
“We are extremely pleased to be working with BC Research and Aurora Cannabis to develop a market-ready Micron Cannabis Waste Digester,” said Rav Mlait, CEO. “The enhanced features requested by our clients are anticipated to accelerate commercial adoption and make Micron’s technology more attractive to cannabis producers seeking a less costly, more convenient, and “greener” means of handling organic waste. We anticipate that the results from our efforts with Aurora Cannabis will not only accelerate our entry into this sector, but allow us to leverage the results to develop access to large new markets.”
“We are excited to be part of this project. The potential applicability of Micron’s technology to a wide range of industrial challenges makes it an attractive reason for our organization to be engaged. Tackling some of the cannabis cultivation industry’s needs is an example of where the technology may fit well, and it provides another opportunity to demonstrate the technology in a very different industrial application.”, stated Sergio Berretta, vice president and COO at BC Research. “We look forward to bringing our expertise in commercializing new technologies to the Aurora-Micron project, and are excited about the broader potential of the Micron Waste Digester.”
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