The Continued Buzz Surrounding Micron Waste Technologies Inc. (OTC: MICWF) (CSE: MWM) Recent Developments

Micron Waste Technologies is a leading organic waste technology company based in Canada. The company has developed and commercialized an on-site treatment system that can turn organic waste into clean water.

The research & development team has already produced solutions to handle organic waste generated by food distributors, quick service restaurants (QSRs), and marijuana cultivators.

Investor Recap

Food waste or organic waste management is a global issue. About 40% of edible food goes into waste from its journey from farm to the dining table. About 30 – 40 % of all the waste human generates is composed of food waste. Food waste diverted to landfills generates methane gas, one of the most potent greenhouse gases that contribute to climate change. Hundreds of municipalities in North America and around the world are enforcing new regulations for separate disposal of food/kitchen waste from the regular waste.

According to United Nations Environment Program (UNEP), roughly one third of the food produced in the world for human consumption every year, approximately 1.3 billion tonnes, gets lost or wasted. In the United States 40% of all food, worth US$160 billion, is wasted each year. In Canada, about $30 billion worth of food is wasted every year. Global food waste data is astronomical. Micron Waste Technologies has developed a green technology that manages the food waste in the most efficient way in terms of environment and economy.

Volume of wasted food in the United States in 2015

The United Nations estimates that one-third of all food produced globally is wasted. In the USA alone, over 40 billion pounds of food is thrown out of grocery stores every year —that’s about 10 percent of all food purchased in stores. Grocery stores spend thousands of dollars every month on logistics companies to haul away their waste on a daily basis.

Although marijuana is becoming legalized in more and more countries, there are still significant overhead to manage and dispose of waste generated from marijuana cultivation. Cannabis waste, either wet or dry, must be individually bagged, weighed, tagged, and supervised to proper destruction.

The Micron Waste Technology can process the waste directly onsite in a closed loop system and generate clean water for the grow operation.

The F&B industry generates a tremendous amount of food waste. But due to space limitations and proximity to general consumers, disposing of food waste is problematic. Many hotels, sports stadiums, and restaurant chains have expressed a high degree of interest in pursuing onsite organic waste treatment, as an alternative to the existing costly method of waste disposal.

The current commercial food waste digesters in the marketplace have a waste digestion efficiency of 60 – 65% that means 35 – 40% food waste remains undigested and is discharged into grey-water. The trade effluent released by current market digesters is composed of fats, oils, fatty acids, proteins, amino acids, lipoproteins, glycoproteins, nucleic acids, variety of carbohydrates, organic acids, and volatile organic compounds, that contribute to conventionally higher levels of BOD, COD, TSS, FOG, colour and odour.

 

Micron Waste Technologies has developed a patent-pending technology to manage food waste on-site, and convert it into clean water. Our aerobic food digester has micro-oxygen cubicles (MOC) technology to enhance the aerobic digestion efficiency of microorganisms up to 95%. The remaining 5% undigested food particles that are released in the grey-water is further treated by our technology where grey-water undergoes four steps treatment process that eventually converts grey-water into a clean water.

The transformation process from organic waste to clean water

Benefits of Micron's Technology

Micron Waste and Quest Resource Management Group Announce Partnership to Treat Cannabis Waste in U.S. Market

Micron Waste Technologies Inc. announced that it has partnered with Quest Resource Management Group LLC ( “Quest”), a fully owned subsidiary of Quest Resource Holding Corporation (NASDAQ: QRHC), a leader in environmental reuse, recycling, and disposal services, to market and distribute Micron’s proprietary Cannavore™ cannabis waste processing systems in the United States.

“Quest operates in all 50 states and provides custom, innovative waste management solutions to a wide range of industries,” said Micron President Alfred Wong. “With its strong market positioning, Quest will help accelerate the entry of Micron’s leading cannabis waste management technology into the U.S. and capitalize on the expanding American cannabis cultivation market.” 

“Quest strives to provide our customers with the most effective waste minimization solutions,” said Ray Hatch, Quest’s Chief Executive Officer. “We are pleased to offer U.S. cannabis growers a solution that not only safely treats cannabis waste on-site, but also removes the contaminants and active pharmaceutical compounds from the effluent water.  In addition, growers seeking to minimize their operations’ water footprint will be able to recycle and reclaim the purified water for their operations.”

The U.S. cannabis industry is rapidly growing, with retail sales projected to reach an estimated $5.1 – $6.1 billion dollars in 2018. By 2020, overall retail sales are projected to reach between $11.9 and $17.1 billion dollars, with $47 billion in sales projected within a decade. The Micron-Quest partnership offers cannabis growers a regulatory-compliant, environmentally-sound alterative to process the production by-product – thousands of tons of pharmaceutical-laden cannabis waste.  

The Micron Cannavore was designed to meet the specifications of Aurora Cannabis Inc. (“Aurora”)(TSX:ACB), per a collaboration announced in December 2017, for a clean technology solution to process organic waste generated from the growth and cultivation of cannabis, while mitigating concerns about the potential environmental impact.

The industrial-grade Cannavore pulverizes and renders cannabis waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron’s full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in growing operations. Alternatively, the treated regulatory-compliant greywater from the Cannavore, which exceeds municipal discharge standards, can be safely discharged. Active pharmaceutical ingredients (APIs) in cannabis waste are further biologically treated via a proprietary process to denature cannabinoids present, keeping them out of watersheds, preventing bio-accumulation. Being an aerobic process, it does not emit methane. On-site processing eliminates need for conventional waste methods such as trucking, landfilling and incineration. 

Micron’s Cannavore Digester and Organic Waste Digester units has been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO), with patent pending in the United States.

Micron Waste Reports Outcome Of Cannabis Waste System Trial With Aurora Cannabis

Micron Waste Technologies Inc. has provided positive results from the optimization of the Cannavore cannabis waste processing units with Aurora Cannabis Inc. The Company will now optimize the technology for sub-zero operations, as well as add computerized remote operating capabilities, following which Micron will commence to offer the units commercially.

“We are very pleased with the outcome of the trial and are now moving into commercialization and will begin selling the units to the wider cannabis industry,” said Micron president Alfred Wong. “With the onset of adult usage in Canada and a rapidly growing international cannabis market, the number of operators in the sector has increased dramatically. Current waste disposal methods are expensive and inefficient. Our technology not only significantly improves the economics of cannabis waste disposal, but also streamlines compliance procedures, leading to a substantial reduction in time requirements to deal with waste handling. With our technology, customers will be at the forefront of innovation and environmental stewardship, showing leadership through commitment to clean air and water in Canada and around the world.”

Micron’s first Cannavore was trialed at Aurora’s Mountain facility near Calgary, which is one of seven Aurora facilities. Subject to Micron’s technology meeting certain milestones per a collaboration agreement announced in December 2017, Aurora has committed to installing Micron’s technology at its other facilities. Site visits have commenced for Aurora Vie in Montreal and Aurora Sky in Edmonton. Micron is developing additional units earmarked for these sites.

“With guidance from Aurora, we have developed a system which checks a box previously overlooked by cannabis cultivators,” said Dr. Bob Bhushan, Micron co-founder and chief technology officer. “Data capturing and processing is invaluable and now customers using the Cannavore can go beyond “seed-to-sale” and mine cannabis waste analytics to improve efficiencies, reduce staff time, aid compliance and help evaluate growing operation metrics.”

The industrial-grade Cannavore pulverizes and renders cannabis waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron’s full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in growing operations. Alternatively, the treated regulatory-compliant greywater from the Cannavore, which meets municipal discharge standards, can be safely discharged. Active pharmaceutical ingredients (APIs) in cannabis waste are further biologically treated via a proprietary process to denature cannabinoids present, keeping them out of watersheds where they could bio-accumulate.

The Micron Cannavore was engineered based on proven technology used by the Company in its Organic Waste Digester Unit. The world’s first closed-loop cannabis waste processing system was designed to Aurora’s specifications to be a clean technology solution to process organic waste generated from the growth and cultivation of cannabis, while mitigating concerns about the potential environmental impact.

The Cannavore Digester and the Organic Waste Digester units have been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO), with patent pending in the United States.

The Cannavore™ Wins Micron Waste Cannabis Digester Naming Contest

Micron Waste Technologies Inc. announced The Cannavore™ name has won the Company’s Cannabis Waste Digester Naming Contest.

The Cannavore name was chosen following a crowd-sourced contest which collected 2379 product name submissions from entrants in Canada and the United States. The winning entry was selected by cannabis industry experts Cam Battley, Chief Corporate Officer for Aurora Cannabis Inc.; Noelle Skodzinski, Editorial Director, Cannabis Business Times, Cannabis Dispensary magazine and The Cannabis Conference; and James West, Editor and Publisher of the Midas Letter and the Midas Letter Live. Pending confirmation of compliance with contest rules regarding residency and age, the contest prize of $2,000 USD and an all-expenses paid trip for two to christen the first Cannavore digester at Aurora Cannabis Inc’s (“Aurora”) (TSX: ACB) Mountain facility outside Calgary, Alberta will go Jack Ponte of Ontario.

“We’d like to thank Mr. Ponte and everyone who entered the Digester Naming Contest,” said Micron President Alfred Wong. “The creativity of entries made choosing a winner very difficult, but The Cannavore edged out the competition with its combined cleverness, simplicity and originality.”

The Cannavore digester, an industrial-grade cannabis waste processor, pulverizes and renders plant waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron’s full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in growing operations. Alternatively, the treated regulatory-compliant greywater from The Cannavore digester, which meets municipal discharge standards, can be safely discharged. Active Pharmaceutical Compounds (ACBs) in cannabis waste are denatured on-site at cannabis cultivation facilities by a Micron-developed biotechnology process, eliminating risk of public and ecosystem exposure. ACB-free bio-solids from The Cannavore are saleable as livestock fodder.

The Company’s first Cannavore digester was delivered to Aurora’s Mountain facility on June 28, 2018.  The 55,200 square foot cultivation and production facility produces 4,800 kg of premium cannabis each year over multiple production cycles. The Aurora Mountain Cannavore digester was the first of several to be commissioned by Aurora, subject to the technology meeting certain milestones per a collaboration agreement announced in December 2017.

“The Cannavore unit is progressing well through optimization of several distinct capabilities– cannabis waste digestion, wastewater extraction and purification, the denaturing of active pharmaceuticals and the calibration of all sensors and software, including remote operation,” said Micron Chief Technology Officer Dr. Bob Bhushan.

Micron Waste Announces Cannabis Industry Expert Judges for Cannabis Waste Digester Naming Contest

Micron Waste Technologies Inc. announced that an honorary panel of judges will help choose the winner of the Company’s Cannabis Waste Digester Naming Contest. The judges will assist Micron’s management team in selecting a winner from over 1,600 entries from Canada and the United States. The contestant who submits the winning entry will receive a cash prize of $2000 USD and an all-expenses paid trip for two to christen the world’s first Cannabis Waste Digester at Aurora Cannabis Inc’s (“Aurora”) Mountain facility outside Calgary, Alberta. Full details on the contest, which closes July 31, can be found at www.micronwaste.com/contest.

“The overwhelming response to our contest led us to conclude our management team could benefit from the additional help of cannabis industry experts to select a winning entry,” said Micron President Alfred Wong. “We’re pleased to announce a panel of honorary judges who bring significant experience and insight to our search.” 

Honorary Judges

Cam Battley, Chief Corporate Officer, Aurora Cannabis Inc.

Cam Battley is a seasoned global cannabis industry executive and opinion leader. In addition to his role with Aurora, he is a member of the board of directors of Cannabis Canada Council, the trade association for Health Canada licensed producers. Prior to joining Aurora, Cam spent more than 15 years as a management consultant working with international biopharmaceutical and medical device companies, as well as global health professional NGOs, developing and executing key initiatives in general management, professional education, brand strategy, marketing, sales, business development, medical affairs, government affairs and communications.

Noelle Skodzinski, Editorial Director, Cannabis Business Times, Cannabis Dispensary magazine and the Cannabis Conference

Noelle Skodzinski has more than two decades’ experience in the publishing industry. She co-founded Cannabis Business Times (CBT) with previous owner Tim Hermes in 2014. In 2018, Cannabis Business Times was namedMagazine of the Year by the American Society of Business Publication Editors.  Noelle, who also steered the launch of Cannabis Dispensary magazine and the Cannabis Conference’s educational program, has been named among the Top 50 Most Influential Women in Cannabis by Cannabis Business Executive magazine and one of the “Top Women in Media” by Folio magazine.

Cannabis Business Times is owned by GIE Media, based in Valley View, Ohio. CBT’s mission is to help accelerate the success of legal cannabis cultivators by providing actionable intelligence in all aspects of the business, from legislation, regulation and compliance news to analysis of industry trends, as well as expert advice on cultivation, marketing, financial topics, legal issues and more. CBT focuses strictly on the business of legal cannabis for medical and recreational use and aims to provide timely information—through its website, e-newsletter, mobile app, print magazine and annual conference—to help the reader make timely, informed decisions to help them run their businesses better and more profitably.

Micron Awarded Industrial Design Certificate of Registration for Food and Cannabis Waste Digester  

Micron Waste Technologies Inc.  has been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO) for its commercial Organic Waste Digester Unit. Micron’s Application Number 177758 sought and won intellectual property protection for innovative features unique to Micron’s unit, which processes both food waste and cannabis plant waste on a commercial scale. The Company’s design patent is also pending in the United States.

The CIPO design patent is valid for five years with an option to renew for an additional five years of exclusivity. The new functional design enhances food waste digestion efficiency by up to 40% while reducing the machine’s footprint and waste digestion time. The patent-pending technology was repurposed for Micron’s Cannabis Waste Digester. The Company’s first Cannabis Waste Digester unit was delivered to Aurora Cannabis Inc.’s (“Aurora”) (TSX:ACB) Mountain facility outside Calgary, Alberta on June 28, 2018.  At 55,200 square foot Aurora Mountain, which produces 4,800 kg of premium cannabis each year, the unit will undergo final site installation and calibration to match production cycles.

The Cannabis Waste Digester, an industrial-grade organic waste processor, pulverizes and renders organic waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron’s full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in industrial or agricultural operations. Alternatively, the treated regulatory-compliant greywater from the Cannabis Waste Digester, which meets municipal discharge standards, can be safely discharged. Active pharmaceutical compounds in cannabis waste are further biologically treated to denature cannabinoids present, keeping them out of waste streams.

“Receipt of the CIPO Industrial Design Certificate is further testament to Micron’s innovation in agricultural and organic waste processing biotechnology and engineering,” said Micron President Alfred Wong. “It has always been Micron’s intention to create a system that was not only best-in-class, but one that re-invented that class entirely. Our platform marries organic waste digestion with water reclamation and purification to solve our customers’ waste processing needs cleanly, cost-effectively and without dumping effluent downstream where it causes problems for municipal waste treatments plants.”

The Organic Waste Digester system, an environmentally-sound green technology platform, also uses advanced computer science for remote real-time diagnostics monitoring and control. The comprehensive system has been engineered to operate on-site where needed in a contained unit which does not emit sound or smell, while exempting customers from the need to haul, incinerate or landfill waste.

The Micron Cannabis Waste Digester was engineered based on proven technology used by the Company in its Organic Waste Digester Unit. The Company’s Cannabis Waste Digester system 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. Active cannabinoid residues are altered and denatured through use of patent-pending microbial and enzymatic digestion agents. Importantly, the Micron system reclaims water from cannabis waste and purifies it for re-use in growing operations. The Mountain facility unit is the first of several to be commissioned by Aurora, subject to the technology meeting certain milestones per a collaboration agreement announced in December 2017. Subsequent units will be available to Canadian, American and international cannabis cultivators.

12 Comments
  1. George Davis 3 weeks ago
    Reply

    we need to focus more on our environment, the waste management market needs to be more heavily invested in as it could safeguard our future generation and set an example for them to follow

    • Tevin S. 2 weeks ago
      Reply

      Reducing consumption is great but the biggest polluters also lack the infrastructure to manage. The Gov has to push these polluters to invest more on waste management companies like $MWM to handle things

      • Rebecca Miller 7 days ago
        Reply

        thats not going to happen as our #POTUS doesn’t even care about the environment as a whole. What makes you think he will allow funding towards waste management?

  2. Christian 3 weeks ago
    Reply

    People need to pay more attention to the environment. That why there is huge potential for the market

    • Eric Schneider 3 weeks ago
      Reply

      All this defenders of a garbadge “man”, the low IQ, fake president mafiosso @realDonaldTrump AND defenders of ALL THE GARBADGE he brought to the WH and in SCOTUS are doing this because they proved to be GARBADGE! We need Waste Management in November! http://Vote.com !

  3. Drake 3 weeks ago
    Reply

    This company is focus on a different aspect in the cannabis market. When everyone is focus on
    cannabis cultivation. Micron is focus on recycling

    • Michel Charbenneau 2 weeks ago
      Reply

      Proper care of waste is important. Setting a precedent for the future is the only way to get the younger demographic to follow suit

      • Ingmar M. 1 week ago
        Reply

        Waste Management is a bit expensive, rules must be put in place and enforced

    • Patricia Liu 4 days ago
      Reply

      cannabis waste management will only increase as the market is continuously growing

    • Abby Sampson 3 days ago
      Reply

      As institutional capital starts to flow into cannabis companies, I would expect to see greater shareholder scrutiny of their corporate governance, energy use, waste management…these factors can help to identify resilient, well-managed companies

  4. Fernando 6 days ago
    Reply

    Cannabis stocks is going up too quickly. It may slow down a little bit now.

    • Aidan 3 days ago
      Reply

      I agree. The valuation is too high for them now. But the market is still huge.

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