Absolutely Integrated Production Chain offers Unique Advantages to Christina Body of water Cannabis in Commercializing Distillate Oils

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Absolutely Integrated Production Chain offers Unique Advantages to Christina Body of water Cannabis in Commercializing Distillate Oils
Two members of CLC’s extraction team hold dried biomass (left) and also crude oil (right) as you’re watching Company’s Vitalis R-200 CARBON DIOXIDE IS RED-HOT extraction machine
VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Christina River Cannabis Corp. (the “Company” or maybe “CLC” or “Christina Sea Cannabis”) (CSE: CLC) (FRANKFURT: CLB) is pleased to announce the particular one of its cannabis distillate oils may be certified to have your tetrahydrocannabinol (“THC”) concentration with 90. 3% based using a certificate of analysis dated January 15, 2021 from the testing laboratory accredited by means of Health Canada. The Company recently proclaimed its intent to primarily consentrate on producing cannabis distillate oils by extracting from its 2020 crop of 32, 500 kg / 71, 650 pound of biomass grown less than natural sunlight. Based in market demand for distillate oils, which typically contain THC concentrations over 90%, the Company believes it really is uniquely positioned in the cannabis marketplace becoming a competitive supplier of distillate oils. Additionally, the Company is going to blend cannabis-derived terpenes using its distillate oils, a combination which includes only recently been requested inside Canadian cannabis industry regardless of being relatively common throughout other markets.

http://www.careddi.com/brc/66.htm

As a new fully integrated producer connected with cannabis oils, the Company is favourably situated in the Canadian cannabis industry because of its control over and visibility on the production chain. CLC incorporates a genetic databank consisting involving over 100 proprietary cannabis strains and a total inventory of over 600, 000 seeds, which usually it began cultivating outdoor last spring at its facility in Christina Water, British Columbia with about 950, 000 square toes / 88, 258 sq . metres of outdoor raise space. After harvesting and also processing the crop, the business then extracts oils through its dried biomass applying its Vitalis R-200 CARBON DIOXIDE extraction machine. This calendar year, the Company has also been successful in producing commercial quantities of market-ready winterized cannabis oil with distinct terpene profiles, which can be sought-after for use within recreational products under Cannabis COUPLE OF. 0 for adult shoppers (e. g.,vapes, edibles, topicals) plus medicinal products.
https://www.careddisupercritical.com/Supercritical-CO2-Extraction-Machine-pl3070544.html
A photo accompanying this announcement can be obtained at https: //www. globenewswire. com/NewsRoom/AttachmentNg/e25f8258-6e5b-449f-b15c-b7114897f4cf

Readers using news aggregation services can be unable to view the actual media above. Please access SEDAR or maybe the Investor Relations a part of the Company’s website for your version of this press release containing all published mass media.

In CLC’s January THIRTEEN, 2021 press release, it turned out announced that the Company was beginning to offer ultra-high potency cannabis distillate oils, examples of which are presently going through independent third-party assessment of THC levels as well as other metrics. Distillate oils usually are not commonly used as a new standalone product, but rather for ingredient in products that may be enhanced through your addition of concentrated THC (e. he.,food and beverage, own care, cosmetics). Although the flexibility to produce cannabis distillate oils isn’t unique in and connected with itself, the Company benefits from several advantages there are as a fully integrated producer which can allow for lower chance, above-average profit margins, in addition to greater supervision.

Cost regarding Raw Materials: Cultivating cannabis outdoors naturally using sunlight provides for substantially lower costs when compared to growing in greenhouses or maybe indoors. Given the ratio of dried biomass needed for each millilitre of cannabis petrol, even small differences in the expense of biomass can have a large effect on the profitability on the producer of cannabis concentrated amounts.

Robust Supply: Because the exact yield rate of distillate oil from dried biomass is just not always known, producers of cannabis extracts often risk depleting their supply if perhaps yields are lower when compared with expected. As the Company’s inaugural crop garnered 32, 500 kg / 71, 650 pound of biomass, CLC possesses a sufficient way to obtain raw material to handle this risk with out a significant effect on earning.

Extraction Costs: Extraction is usually a function that is commonly outsourced by cannabis companies, which tends to are more costly than extracting in-house. The business owns its Vitalis R-200 CARBON extraction machine and most of ancillary equipment, and includes extraction personnel on employees. As such, the Company’s somewhat low costs of extraction could prove advantageous with reducing CLC’s net charge of producing cannabis distillate oils.

In-House Field of vision: Another disadvantage of outsourcing cannabis extraction to somewhat of a third party is a not enough ongoing visibility into the actual processes. Observations made during each step of the way from initial removal to final distillation are crucial to ensuring a consistent and high-quality finished product, especially when controlling to get operational variables and distinctive properties of specific strains. CLC’s extraction workflows are made to gather insights inside great depth, which can be analyzed collaboratively to generate cultivation and business decisions based on observations from empirical information collected during extraction.

Joel Dumaresq, Chief Executive Officer and a director of the Company commented, “Part of our vision with Christina Lake Cannabis has not been just to maximize this advantages that come via growing outdoors, but also integrating up to we can into our in-house operations to ensure that we can do things other licensed producers can’t necessarily do. There are numerous moving parts to any agricultural product between the seed, to the setting through which it is grown, to processes for cultivation, to harvesting, to post-harvest activities such as extraction. We have sought to bring this in house which can enable us not only to reduce costs, but also to oversee just about every step to ensure constant quality. As we job towards making our initial sales of cannabis extracts, it is becoming clear that individuals have done many items right, and we are self-confident that market reception may possibly reflect this and give us the chance to further optimize our techniques for our second year connected with growing and beyond. ”

Regarding Christina Lake Cannabis Corp.

Christina Body of water Cannabis Corp. is a licensed producer of cannabis less than the Cannabis Act. There are secured a standard farming licence and corresponding processing/sales modification from Health Canada (March 2020 in addition to August 2020, respectively) together with a research and progress licence (early 2020). CLC’s facility involves a 32-acre property, which includes over 950, 000 square feet of outdoor raise space, offices, propagation as well as drying rooms, research amenities, and a facility focusedon processing and extraction. CLC also owns a 99-acre parcel adjoining its principal 32-acre web page, which enables the Company to build at a much more substantial scale. CLC cultivates cannabis implementing strains specifically developed to get outdoor cultivation and inside its inaugural harvest year or so produced 32, 500 kg (71, 650 lb) at its existing facility prior to developing an adjacent 99-acre enlargement property. Such an extension will ultimately bring CLC’s annual cultivation footprint to more than 4. 35 million rectangular feet, which could enable at least 150, 000 kg (330, 693 lb) associated with low-cost, high-quality, sun-grown cannabis for being produced annually by the provider.
THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAVE NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY WITH THE ACCURACY OR ADEQUACY ON THIS RELEASE, NOR HAS OR EVEN DOES THE CSE’S REGULATION SERVICES PROVIDER.

Forward-Looking Information: This news release includes certain statements which may be deemed “forward-looking statements. ” The employment of any of the terms “anticipate, ” “continue, ” “estimate, ” “expect, ” “may, ” “will, ” “would, ” “project, ” “should, ” “believe” and similar expressions are that will identify forward-looking statements. Although Company believes that the particular expectations and assumptions what is the best the forward-looking statements are generally based are reasonable, undue reliance should not be put on the forward-looking statements because the Company can give very little assurance that they will be correct. Since forward-looking terms address future events and also conditions, by their incredibly nature they involve natural risks and uncertainties. These statements speak only adjusted the date of this specific News Release.

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