Quadron Cannatech Reports Q3 Revenue of CAD$1.87 Million
VANCOUVER, British Columbia, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Quadron Cannatech Corporation (the “Company” or “Quadron”) – (CSE: QCC), is pleased to report Q3 revenue of $1.87 million for the period of November 1st, 2018 to January 31st, 2019.
The figure represents aggregate sales from Quadron’s three subsidiaries: Soma Labs Scientific Inc., Greenmantle Products Ltd, and Cybernetic Control Systems Inc.
Among Quadron’s portfolio of extraction and processing equipment, the BOSS CO2 extraction system continues to gain attention as the market shifts towards oil-based products.
Quadron provides turn-key extraction and processing solutions for the cannabis industry through vertically integrated offerings including proprietary industrial grade equipment, custom build processing facilities, ancillary products/packaging (i.e. vape pens), and scientific services.
For more information, visit: www.quadroncannatech.com
On behalf of the Board of Directors of
QUADRON CANNATECH CORPORATION
Investor Relations Contact:
KIN Communications Inc.
Caleb Jeffries, VP, Investor Relations
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.