- EnWave (ENW) has sold a second 120 kW REV dehydration machine to a cannabis company in Illinois
- The company will pay EnWave a royalty based on the finished weight of dried cannabis processed using the REV system
- The system can yield up to 45 lbs. of dried finished cannabis per hour
- EnWave Corporation is a Vancouver-based company that commercializes its REV technology for the precise dehydration of organic materials
- EnWave (ENW) is up by 5.38 per cent and is currently trading at $0.98 per share
EnWave (ENW) has sold a second 120 kW REV dehydration machine to a leading Illinois-based cannabis company.
Pursuant to the purchase agreement, the company will pay EnWave a royalty based on the finished weight of dried cannabis processed using the REV system. A single machine can process approximately 200 lbs. of wet cannabis biomass per hour, yielding approximately 45 lbs. of dried finished product.
The multi-state operator signed a royalty-bearing commercial license agreement with EnWave and purchased its first REV machine in March 2021.
It has since instituted REV’s Terpene Max drying protocol, which allows for precise cannabis temperature control below the point of decarboxylation.
Cannabis dried using the Terpene Max program yields on average 10 per cent more retained terpenes than room or rack-dried flower. The program also materially reduces bioburden and shortens drying times from multiple days to less than two hours.
EnWave Corporation is a Vancouver-based company that commercializes its REV technology for the precise dehydration of organic materials.
EnWave (ENW) is up by 5.38 per cent and is currently trading at $0.98 per share as of 9:51 am EST.
