Vancouver, British Columbia – (PR Newswire) – Monday July 22, 2019) – Stillcanna Inc. (CSE:STIL, OTC:SCNNF, FRANKFURT:A2PEWA) ("STIL" or the "Company") is pleased to announce that it has reached the final stages of the licensing process for its ORIGIN extraction facility in Romania. The project is a Joint Venture with its U.K. based partner Dragonfly Biosciences.
“The stage is set for full commercial operations of the Company’s Romanian facility,” stated Jason Dussault CEO of Stillcanna. “Both Stillcanna and our partner Dragonfly are focused on the final approvals required to begin full commercial operations, we anticipate licensing completion and full production within the 4th quarter of 2019.
“Our closed loop ethanol extraction system is designed to run continuously from hemp wash, winterization, filtration, distillation and back again,” explained Shae de Jaray, COO and Chief Engineer of Stillcanna. “The designed system is ready for large scale extraction as soon as we receive our license, I couldn’t be happier with our system.”
They say a picture is worth a thousand words. To showcase the Romanian facility ORIGIN the Company has produced a series of short videos. The first video of the series “The Origin Project” is available at http://theStillcannareport.com. Further videos in the series will be published over the next few weeks.
Previously on July 16, 2019 the Company stated that it expected to harvest 350 kilos of dried flower per hectare from its 1500 hectares, for a total yield of 525,000 kilos of flower. The Company estimated the CBD yield to be approximately 36,000 kilos at 7% CBD content by volume, but had printed 5% content in its release. The Company’s proprietary hemp varietal has consistently achieved 7% CBD content by volume.
On Behalf of the Board
Jason Dussault, CEO