Aurora Cannabis investing in Micron’s waste techhnologies
Partnership to optimize environmentally-friendly Organic Waste Digester for Cannabis Waste
VANCOUVER — Aurora Cannabis Inc. is making a strategic investment in a Vancouver company that specializes in technology that treats organic waste.
Aurora, a licensed producer of medical marijuana, is collaborating with Micron Waste Technologies Inc., a developer of proprietary digesters, to use Micron’s technology for the treatment of waste generated by the cultivation and production of cannabis products.
The new technology, based on aerobic digestion, converts the waste into clean water that meets municipal effluent discharge standards. This diverts the waste from municipal landfills.
Micron’s technology have been successfully demonstrated with a BC supermarket chain. As a result, digester units will be installed at other BC locations.
The collaboration with Aurora will see Micron install its technology at one of Aurora’s cultivation facilities, where both companies will work on a viable design for the cannabis industry. If they are successful, Aurora will enter into a supply agreement for the purchase of digesters – at a preferred rate – for each of its cultivation facilities. Micron will also pay to Aurora a 4% royalty based on gross revenues generated from digesters sold to other companies cultivating or processing cannabis. Micron shall retain all intellectual property pertaining to its digestion system.
Aurora operates a 55,200 square-foot production facility in Mountain View County, Alta. called Aurora Mountain, and a 40,000 square-foot, high-technology production facility called Aurora Vie in Pointe-Claire, Que. An 800,000 square-foot production facility called Aurora Sky is under construction at the Edmonton International Airport as a fourth facility is being completed in Lachute, Que.