Vancouver, British Columbia – (ACCESSWIRE) – Wednesday, August 7, 2019) – Stillcanna Inc. (OTC:SCNNF, CSE:STIL, FRANKFURT:A2PEWA) ("STIL" or the "Company") is pleased to announce that it has begun its harvesting cycle: implementing the Company’s patented method, which streamlines the harvesting process while maintaining optimum CBD levels.
The Company’s purpose-built harvesters collect the flower with minimal disruption of cannabinoid crystals, ensuring maximum retention of CBD. The proprietary conservation method allows un-dried flower to be stored for up to three years, and based on independent laboratory testing can significantly enhance the extraction results with no degradation of the biomass.
“One of the largest challenges this new industry faces is the harvesting, storage, and preparation of hemp flowers prior to extraction,” pointed out Jason Dussault CEO of Stillcanna. “Even though hemp has been grown and harvested for seed and stalk for many years, the traditional harvesting techniques would largely destroy the flower biomass and its CBD content. At Stillcanna, with our Olimax partners, we own multiple agricultural based patents, including harvesting equipment, and implement methods that give us a distinct advantage over new entrants into this space.”
The Company intends to deploy 5 harvesters, running 7 days a week. It is anticipated it will take 6 to 8 weeks to complete the 2019 harvest. The Company’s Nexus extraction facility in Poland is expected to begin processing of its 2019 harvest in Q4, and will begin fulfilling its CBD delivery contracts.
On Behalf of the Board
Jason Dussault, CEO
Cautionary Note Regarding Forward Looking Statements: This release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws, including that the Company is expected to deploy 5 harvesters seven days a week, that it is anticipated to take the Company 6 to 8 weeks to complete the 2019 harvest and the expectation that the Nexus extraction facility in Poland will begin processing its 2019 harvest in Q4 and will begin fulfilling its CBD delivery contracts. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should" or "would" occur. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the Company will deploy 5 harvesters seven days a week, that it will take the Company 6 to 8 weeks to complete the 2019 harvest and that the Nexus extraction facility in Poland will begin processing its 2019 harvest in Q4 and will begin fulfilling its CBD delivery contracts. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that the Company will not deploy 5 harvesters seven days a week, that it will take the Company more than 6 to 8 weeks to complete the 2019 harvest or the harvest will not be completed at all and that the Nexus extraction facility in Poland will not begin processing its 2019 harvest in Q4 or at all and will not begin fulfilling its CBD delivery contracts. Readers are cautioned not to place undue reliance on forward-looking statements. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
The CSE has not in any way passed upon the merits of and has neither approved nor disapproved the contents of this news release.