Devonian Health Group Announces Cannabis Cutting-Edge Extraction Equipment in Its Montmagny Facility

Devonian Health Group Announces Cannabis Cutting-Edge Extraction Equipment in Its Montmagny Facility

QUEBEC CITY–(BUSINESS WIRE)–Devonian Health Group Inc. (“Devonian” or the “Corporation”) (TSXv:GSD), a clinical stage botanical pharmaceutical corporation, focused on developing a unique portfolio of botanical pharmaceutical and cosmeceutical products, announced today the signature of a lease Agreement with Hzb Pharma Canada Inc. (Hzb). This agreement includes the installation of state-of-the-art ethanol extraction equipment in Devonian’s facility in Montmagny (Quebec) for the purpose of extracting cannabinoids from hemp and cannabis plant. Both parties expect to collaborate in the development of cannabinoid-based botanical drugs. “The physical proximity of both companies will allow the establishment of a strong collaboration toward the success of our pharmaceutical program” Tweet this Hzb’s ethanol extraction process uses ultra cold ethanol to wash the cannabinoids and terpenes from the cannabis or hemp plant material. Within the process, more than 98% of cannabinoids are recovered and over 90% of ethanol is recovered and re-used. “Ethanol-based extraction process is one of the technologies we intended to use for our cannabinoids-based pharmaceutical drug development program. It offers the possibility to obtain different profiles of cannabinoids and terpenes for screening various biological activities. We also plan to use other extraction technologies rendering different cannabinoid and terpene profiles, allowing us to compare and…

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Source : CANNANNEW REPORT
Link to original : Devonian Health Group Announces Cannabis Cutting-Edge Extraction Equipment in Its Montmagny Facility
reposted by Cannabis News World

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