Canna Stream Solutions Ltd. (CSS) is pleased to announce federal support of up to $405,227 from Agriculture and Agri-Food Canada through the Agricultural Clean Technology – Research and Innovation Stream. With funding for the “Upcycling Cannabis Waste Streams by Novel Extraction Technologies” project, CSS will scale up its green extraction technology (patent pending) for extracting high-value chemicals, like cannabinoids from cannabis waste and hemp.
CSS’ extraction process is intended to have a higher throughput and lower operational costs than currently available systems. The project’s key deliverables include the development and demonstration of CSS’ technology in partnership with a Health Canada-approved cannabis processor and expanding IP protection for processing technology.
“Canada’s industries and workers are the backbone of our economy and will lead us to a more sustainable future. Today’s investment with Canna Stream Solutions builds on work already underway to develop solutions to help major industries in Alberta reduce waste and emissions while increasing the productivity and profitability of agri-businesses,” said the Honourable Randy Boissonnault, Minister of Tourism, Associate Minister of Finance, and Member of Parliament for Edmonton Centre.
“AAFC funding will be instrumental in optimizing the commercialization conditions of our innovative extraction technology, “ said CSS CEO Usukuma Ekuere.
About Canna Stream Solutions Ltd.
CSS is developing critical technologies for storing, transporting, and processing cannabis waste (physical and chemical). Most notably, they have filed US and Canadian patent applications for the chemical extraction and fractionation of cannabinoids and monoterpenes from cannabis flower and biomass utilizing their solvent technology, which is significantly more efficient than ethanol. This allows CSS to significantly manage the costs of high throughput processing, extraction, and upcycling of cannabis and Hemp biomass. For more information about the company, please visit www.cannastream.ca
About the Agricultural Clean Technology (ACT) Program
Through the ACT Program, the Government of Canada is investing $495.7 million to scale up the development and adoption of clean technology in the sector. Activities under this program will enable the Canadian agricultural sector to contribute to the reduction of greenhouse gas (GHG) emissions and a more sustainable environment.
The Research and Innovation Stream supports pre-market innovation, including research, development, demonstration and commercialization activities, to develop transformative clean technologies and enable the expansion of current technologies.
The Adoption Stream supports the purchase and installation of commercially available clean technologies and processes with a priority given to those that show evidence of GHG emissions and other environmental co-benefits.
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