EnWave Corporation has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with a North American multi-state cannabis company (the “Cannabis Cultivator”), to lease a 10kW Radiant Energy Vacuum (“REV™”) dehydration machine to evaluate the value proposition of REV™ technology over incumbent drying methods. The Cannabis Cultivator’s evaluation is expected to complete before the end of June 2024. If the evaluation is deemed successful, EnWave expects to grant a commercial license and sell REV™ equipment to the Cannabis Cultivator.
About EnWave
EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost. Learn more at EnWave.net.
