Absolutely Integrated Production Chain can perform Unique Advantages to Christina Water Cannabis in Commercializing Distillate Oils
Two members of CLC’s removal team hold dried biomass (left) as well as crude oil (right) as you’re watching Company’s Vitalis R-200 CARBON extraction machine
VANCOUVER, Uk Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Christina Water Cannabis Corp. (the “Company” or “CLC” or “Christina River Cannabis”) (CSE: CLC) (FRANKFURT: CLB) is pleased to announce you of its cannabis distillate oils has become certified to have your tetrahydrocannabinol (“THC”) concentration regarding 90. 3% based for a certificate of analysis old January 15, 2021 from the testing laboratory accredited by way of Health Canada. The Company recently proclaimed its intent to primarily look into producing cannabis distillate oils by way of extracting from its 2020 harvesting of 32, 500 kg / 71, 650 lb of biomass grown less than natural sunlight. Based about market demand for distillate oils, which typically contain THC concentrations well over 90%, the Company believes it’s uniquely positioned in the cannabis marketplace to become a competitive supplier of distillate oils. Furthermore, the Company is likely to blend cannabis-derived terpenes having a distillate oils, a combination containing only recently been requested from the Canadian cannabis industry despite being relatively common throughout other markets.
As the fully integrated producer involving cannabis oils, the Company is favourably situated in the Canadian cannabis industry out of its control over and visibility in to the production chain. CLC is known for a genetic databank consisting involving over 100 proprietary cannabis strains as well as a total inventory of about 600, 000 seeds, which will it began cultivating outside the house last spring at its facility in Christina Body of water, British Columbia with above 950, 000 square toes / 88, 258 sq metres of outdoor mature space. After harvesting in addition to processing the crop, the corporation then extracts oils from its dried biomass employing its Vitalis R-200 CO2 extraction machine. This year, the Company has also been successful in producing professional quantities of market-ready winterized cannabis essential oil with distinct terpene profiles, which are sought-after for use throughout recreational products under Cannabis ONLY TWO. 0 for adult buyers (e. g.,vapes, edibles, topicals) as well as in medicinal products.
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In CLC’s January TOUGH LUCK, 2021 press release, it was announced that the Company was beginning to offer ultra-high potency cannabis distillate oils, examples of which are presently considering independent third-party assessment of THC levels and also other metrics. Distillate oils will not be commonly used as your standalone product, but rather for ingredient in products that may be enhanced through this addition of concentrated THC (e. he.,food and beverage, personalized care, cosmetics). Although the capacity to produce cannabis distillate oils is not really unique in and with itself, the Company benefits from several advantages these have as a fully integrated producer which will allow for lower danger, above-average profit margins, in addition to greater supervision.
Cost of Raw Materials: Cultivating cannabis outdoors naturally using sunlight makes for substantially lower costs compared to growing in greenhouses as well as indoors. Given the ratio of dried biomass needed in view of each millilitre of cannabis gas, even small differences in the money necessary for biomass can have a substantial effect on the profitability of an producer of cannabis concentrated amounts.
Robust Supply: Because the exact yield rate of distillate petrol from dried biomass is not really always known, producers of cannabis extracts often risk depleting their supply in the event that yields are lower compared to expected. As the Company’s inaugural pick garnered 32, 500 kg / 71, 650 lb of biomass, CLC possesses a sufficient supply of raw material to handle this risk with not a significant effect on success.
Extraction Costs: Extraction is a function that is ordinarily outsourced by cannabis makers, which tends to be costly than extracting in-house. This company owns its Vitalis R-200 CO2 extraction machine and most of ancillary equipment, and offers extraction personnel on staff members. As such, the Company’s rather low costs of extraction could prove advantageous around reducing CLC’s net charge of producing cannabis distillate oils.
In-House Precense: Another disadvantage of outsourcing cannabis extraction to some third party is a not enough ongoing visibility into your processes. Observations made during each step belonging to the way from initial removal to final distillation are very important to ensuring a steady and high-quality finished product, especially when controlling to get operational variables and distinctive properties of specific ranges. CLC’s extraction workflows are designed to gather insights inside great depth, which could be analyzed collaboratively to make cultivation and business decisions depending on observations from empirical data collected during extraction.
Joel Dumaresq, Chief Executive Officer and a director of the Business commented, “Part of our ideas with Christina Lake Cannabis hasn’t been just to maximize your advantages that come from growing outdoors, but also integrating up to we can into our in-house operations so that we can do stuff other licensed producers can not necessarily do. There a wide range of moving parts to any agricultural product between the seed, to the setting where it is grown, to processes for cultivation, to harvesting, to post-harvest activities including extraction. We have sought to bring doing this in house which can enable us not just to reduce costs, but also to oversee each and every step to ensure dependable quality. As we function towards making our primary sales of cannabis extracts, it is becoming clear that we have done many points right, and we are confident that market reception might reflect this and give us the means to further optimize our techniques for our second year involving growing and beyond. ”
In relation to Christina Lake Cannabis Corp.
Christina Body of water Cannabis Corp. is an authorized producer of cannabis within the Cannabis Act. It’s got secured a standard farming licence and corresponding processing/sales modification from Health Canada (March 2020 plus August 2020, respectively) as well as a research and growth licence (early 2020). CLC’s facility is made of a 32-acre property, like over 950, 000 sq feet of outdoor increase space, offices, propagation along with drying rooms, research facilities, and a facility focusedon processing and extraction. CLC also owns a 99-acre plot of land adjoining its principal 32-acre website, which enables the Company to develop at a much large scale. CLC cultivates cannabis making use of strains specifically developed pertaining to outdoor cultivation and throughout its inaugural harvest year or so produced 32, 500 kg (71, 650 lb) about its existing facility prior to developing an adjacent 99-acre expansion property. Such an extension will ultimately bring CLC’s total annual cultivation footprint to above 4. 35 million rectangle feet, which could enable no less than 150, 000 kg (330, 693 lb) regarding low-cost, high-quality, sun-grown cannabis that they are produced annually by the organization.
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Forward-Looking Facts: This news release includes certain statements which can 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 designed to identify forward-looking statements. However the Company believes that that expectations and assumptions that the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements since the Company can give no assurance that they will prove to be correct. Since forward-looking phrases address future events in addition to conditions, by their pretty nature they involve purely natural risks and uncertainties. These statements speak only adjusted the date of that News Release.