(via TheNewswire)
Both Canna Stream and Enagon will continue to further develop the creation of a truly renewable and biodegradable bio-composite.
Interest in industrial applications of bio-composites is growing rapidly for applications such as automobiles, aerospace, construction, military applications, packaging, railway coach, and fundamental research. The benefits of bio-composites, including being renewable, cheap, recyclable, and possibly biodegradable fuels increased market interest. In addition, environmental concerns and the cost of synthetic fibres stimulate the use of natural fibre as reinforcement in polymeric composites. Biofibres are the principal components of bio-composites, which are derived from biological origins, for example fibres from crops such as cotton, flax or hemp, recycled wood, wastepaper, crop processing by-products or regenerated cellulose fibre. Advocates of bio-composites state that use of these materials improve health and safety in their production, are lighter in weight and are environmentally superior to traditional sources. This is consistent with the results of this project. The color of bioproducts changes with the biocomponents and their concentrations in the formulations. This could potentially be used for designing bioproduct parts with various colors. This development would create added value from cannabis and industrial hemp as well as a future opportunity for CSS to enter into new markets and grow their business.
About
CSS is developing critical technologies for storing, transporting, and processing cannabis waste (physical and chemical). Most notably, they have filed a US provisional patent application in the chemical extraction and fractionation of Cannabinoids and monoterpenes from cannabis flower and biomass utilizing their solvent system that is significantly more efficient than ethanol. This gives CSS the ability to significantly manage costs of high throughput processing and extraction of cannabis and hemp biomass. www.CannaStream.ca(under development)
About
About
About
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CAUTIONARY AND FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect", “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could", "might", “should”, “believe”, “would” and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the hemp industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release.
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