Christina Lake Cannabis Completes Commissioning of CO2 Extraction Equipment
15 Outubro 2020 - 7:19PM
Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina
Lake Cannabis”) is pleased to announce it has completed the
commissioning of its Vitalis Extraction Technology R200H-GMP-SS
extraction system. The news comes days after revealing the Company
has met its first-year cannabis production forecast of 22,500 kg,
which will be processed to produce premium quality extracts in the
form of full-spectrum cannabis oil, distillates, isolates and
terpenes.
CLC’s focus on extracting unique terpenes and
cannabinoid profiles from the outdoor grown harvest answers a
growing demand from a customer base interested in full-spectrum
products. With flexibility, quality and safety at the core of
its operations and future plans to scale, CLC chose
the Vitalis R200 extractor made by Kelowna-based Vitalis
Extraction Technologies.
Joel Dumaresq commented, "Extraction is an
important part of our business model, thus the need for advanced
specialized machinery has validated the purchase and commissioning
of the Vitalis R-200. Accomplishing this key milestone has aligned
with the company’s goal of bringing product to market and
establishing CLC as a global leader. Furthermore, CO2-based
extraction systems, such as the Vitalis R-200-H-GMP-SS (which comes
with the proper certifications and qualifications), can position
the Company to receive a GMP certificate from the European Union
(based on current standards), which would enable CLC to export its
product directly to Europe." Since its release, the Vitalis
R-Series has become renowned in the extraction industry for its
speed and efficacy. At a 200-L scalable capacity, the system has
been engineered to provide a wide range of pressure, and
temperature controls to produce premium quality, full-spectrum
extracts.
In addition to holding the Canadian Standard
Association (CRN), and American Society of Mechanical Engineers
(ASME) certifications, the system is EU-GMP compliant, which meets
the global production standards and regulations, and positions
Christina Lake Cannabis to not only serve the growing domestic
market but also expand its operations as an exporter of premium
quality British Columbian cannabis extract to the world.
CLC’s recent acquirement of ancillary equipment
for the pre- and post-processing steps of the extraction process
will also enable it to exceed its inaugural harvest by more than
200%. The additional bandwidth will allow CLC to increase its
production with the option of expanding to its adjacent 99-acre
property or by conducting supplementary hemp production in the form
of toll processing.
“Every Vitalis system has been designed to not
only meet the standards of today but in anticipation of the
changing regulatory requirements around the safety, quality and
consistency of the future,” commented Joel Sherlock, Vitalis
Co-founder and Chairman. “We are delighted to welcome Christina
Lake Cannabis to the Vitalis family and look forward to witnessing
their success as a leader in the global cannabis extraction
space.”
About Christina Lake Cannabis Corp.
Christina Lake Cannabis Corp is a Licensed
Producer of cannabis under the Cannabis Act which also received a
Research and Development License from Health Canada on May 20,
2020. CLC’s facility consists of a 32-acre property, which includes
over 950,000 square feet of outdoor grow space, offices,
propagation and drying rooms, as well as research facilities, and a
facility dedicated to processing and extraction. CLC cultivates
cannabis using strains specifically developed for outdoor
cultivation and expects to produce 22,500 kg or more from its
32-acre facility before developing its adjacent 99-acre expansion
property, which will bring its cultivation footprint to over 4.35
million square feet or over 88,000 kg of low-cost, high-quality,
sun-grown cannabis annually.
About Vitalis
Vitalis Extraction Technology Inc. (Vitalis) is
a privately-owned, Kelowna BC-based engineering and manufacturing
company, producing industrial supercritical CO2 extraction system
for the cannabis, hemp, pharmaceuticals, F&B and essential oil
industries. The company’s core focus on innovation and design has
vaulted it to the forefront of the market. Renowned for their
reliability, scalability, and continuous operation, Vitalis systems
are euGMP-compliant and carry the latest certifications, including
the American Society of Mechanical Engineers (ASME), National Board
(NB), Canadian Standard Association (CSA/CRN), and European
Conformity (CE/PED). Vitalis is one of only a few Original
Equipment Manufacturers in the space, with operations in Canada,
Australia, USA, Colombia, Denmark, United Kingdom, and Serbia as
well as in-country support centers spread across the globe. Visit
https://vitaliset.com for more information.
On behalf of Christina Lake Cannabis Corp.:
“Joel Dumaresq”
Joel Dumaresq, CEO and Director
For more information about CLC, please visit:
www.clcannabis.com
Jamie FrawleyInvestor
Relationsjamie@clcannabis.com 416-268-9432
Robyn RabinovichMedia
Inquiriesrobyn.rabinovich@hkstrategies.ca 416-413-4775
THE CANADIAN SECURITIES EXCHANGE (CSE) HAS NOT
REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR
ADEQUACY OF THIS RELEASE.
Forward-Looking Information: This news release
includes certain statements that may be deemed “forward-looking
statements”. The use of any of the words “anticipate”, “continue”,
“estimate”, “expect”, “may”, “will”, “would”, “project”, “should”,
“believe” and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because the Company can
give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
These statements speak only as of the date of this News Release.
Actual results could differ materially from those currently
anticipated due to a number of factors and risks including various
risk factors discussed in the Company’s disclosure documents which
can be found under the Company’s profile on www.sedar.com.
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