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Edmonton

Partnership with U of A to develop process for cannabis waste management

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Atlas Growers TM has announced a partnership with the University of Alberta to develop a responsible process for cannabis waste management.

Edmonton AB- September 5, 2018 ​- ​Atlas Growers along with the University of Alberta will develop anaerobic digestion strategies for the on-site treatment and handling of cannabis waste to explore opportunities to convert the biomass into electricity.

President and C.E.O. of Atlas Growers, Sheldon Croome states, “Atlas is committed to responsible cannabis production. This partnership with the University of Alberta contributes to our business strategy of becoming one of the largest, internationally recognized cannabis producers in Canada. The U of A is a global leader in research and development. We’re looking forward to developing strategies to minimize waste from cannabis production and to ensure a healthy, secure, sustainable electric and water supply.”

The partnership will operate under the Alberta Innovates Climate Change Innovation and Technology Framework (CCITF) and the Clean Technology Development (CTD) program as the Cannabis Waste Project.

About Atlas Growers Ltd.

Atlas is based in Edmonton, Alberta, Canada and is a wholly owned subsidiary of Atlas Biotechnologies Inc. Atlas has applied for, and expects to receive in the second half of 2018, its cultivation and sales licenses under Health Canada’s ACMPR. Atlas’ initial purpose-built 38,000 square foot facility is nearing completion and will have the capacity to produce approximately 5,000 kg of dried cannabis annually as well as to refine cannabis concentrates. The 160-acre Atlas site could allow for future expansion of up to 12,000,000 square feet of production capacity. Atlas is well financed and has a currently unutilized $6.25 million bank facility in place with ATB Financial.

 

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