• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

EnWave Shortens Time from Harvest to Marketable Cannabis for Tilray

February 26, 2018


While most cannabis investors probably haven't heard of EnWave Corporation (TSXV:ENW) (FRA:E4U), the company's Radiant Energy Vacuum technology allows for the precise dehydration of organic materials. This allows allows cultivators and producers to shorten the time from plant harvest to marketable cannabis products.



Because of the way this technology allows large-scale cannabis producers to cash in on their crops sooner, Canadian licensed producer Tilray has taken notice with purchase orders for 10kW REV and 60kW REV machinery from EnWave.


Owned by cannabis private equity firm Privateer Holdings, Tilray currently serves tens of thousands of patients in eight countries spanning four continents. It's no wonder they are interested in bringing product to market sooner.


Beyond just using EnWave's Radiant Energy Vacuum machines, Tilray signed a royalty-bearing license agreement the exclusive right to use and sub-license EnWave's dehydration technology for cannabis processing in Canada.


In addition to the cannabis industry, EnWave's technology applies to several market verticals in the food, and pharmaceutical sectors. In the recent quarter, EnWave signed a deal with a major Australian banana producer, as well as purchased the remaining 49% interest in NutraDried LLP.


NutraDried is now a wholly owned subsidiary in the business of manufacturing and distributing "Moon Cheese", an all-natural crunchy snack food made using the EnWave’s technology. Now that they're on shelves in Costco's Midwest region, it will be interesting to see how the Moon Cheese line impacts the company's growth as this is its first club format distribution opportunity.


This company's growth rate is nothing to balk at, with roughly $4,519,000 in sales for Q1 2018 alone. This is compared to revenues of roughly $3,467,000 for Q1 2017.


We'll be keeping an eye on EnWave it pursues additional commercial opportunities within the Canadian cannabis sector in partnership with Tilray. We'll also be keeping an eye on the company's overall performance going forward after reporting impressive consolidated financial results for the first quarter ended December 31, 2017



EnWave has introduced "REV™" as the new dehydration standard in the food and biological material sectors because it is faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. An additional platform from EnWave, called "freezeREV®", is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies.


To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!



Please reload

Please reload

Please reload


© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.