Business
TerrAscend Strengthens Partnership with Precision Extraction Solutions
Exclusive agreement will boost production capabilities for TerrAscend’s labs in New Jersey and Pennsylvania We are excited to announce TerrAscend, a leading North American cannabis operator, has signed a new agreement with Precision to provide state-of-the-art equipment for their current and future product lines. Pennsylvania based Ilera Healthcare, a wholly-owned subsidiary of TerrAscend, will be…
Read MorePrecision Awarded Best in Technology on Entrepreneur’s List of Top 100 Cannabis Companies
DETROIT, August 15, 2019 – Precision Extraction Solutions (“Precision”), the industry leader in marijuana and hemp extraction equipment technology, lab design, training and consulting, has been named Best in Technology in the first-annual Green 100 list of “Top 100 Cannabis Companies”. Published by Entrepreneur Magazine’s associate publication, Green Entrepreneur, this list celebrates the diverse range…
Read MoreCO2 vs Solvent-Based Extraction: The Key to Cannabis Chemistry
The cannabis plant can be compared to a lock, hiding its true treasure—its cannabinoid and terpene content—behind its plant matter. The bulk of these compounds, whether it’s THC, CBD, alpha-pinene or beta-caryophyllene, among others, are found in the resin gland heads. Also known as trichomes, these mushroom-shaped structures can be found on the flowers or…
Read MorePrecision Extraction Solutions Announces Strategic Investment from Rivers Innovations
Extraction Technology Leader Becomes Cornerstone Partner of New U.S.-Focused Cannabis Platform DETROIT, March 6, 2019 — Precision Extraction Corporation (DBA Precision Extraction Solutions, “Precision” or “the Company”), a market leader in cannabis and hemp extraction technology, is pleased to announce it has received a significant capital investment from Rivers Innovations Inc. (“Rivers Innovations”), a private…
Read MorePrecision is Breaking Ground on Europe’s Largest Hemp Extraction Facility
Precision Extraction Solutions Named Exclusive Equipment Supplier of Canapar S.r.L. DETROIT, MI USA, February 12, 2019 – Precision Extraction Solutions (“Precision”), a market leader in cannabis and hemp extraction technology, has been named the exclusive equipment supplier of Canapar S.r.L. (“Canapar”) for the development and outfitting of its flagship extraction facility in Sicily, Italy. On the…
Read MorePrecision Extraction Named Green Entrepreneur’s 100 Cannabis Leaders 2018
Precision Extraction: Cannabis Leader 2018 Green Entrepreneur is Entrepreneur Magazine’s spin into the cannabis industry. This year they named Precision Extraction one of the top 100 Cannabis Leaders. Here’s what they had to say about the list: September 18, 2018 — “It takes a certain combination of passion and fearlessness to seize opportunity despite massive…
Read MoreMPX Enters Into Extraction Agreement With Southern California’s Largest Cannabis Processing Facility, Case Farms Collective
Relationship will provide a full scale operation of services to MPX’s proprietary specifications and guidelines, establishing the Company’s footprint in California TORONTO, July 19, 2018 (GLOBE NEWSWIRE) — MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE:MPX) (OTC:MPXEF) today announced an agreement with Case Farms Collective (“Case Farms”), the largest cannabis processing facility in Southern California. Case…
Read MorePros & Cons of Ethanol Extraction
Not All Solvents Are Created Equal In a maturing extraction industry, many companies have released new technologies promising to be the “next best thing”. What you probably won’t find alongside these tall tales of massive throughput is the story of the science, and why each method has its limitations and benefits. In this article, we…
Read MoreUnderstanding & Maximizing Cannabis Extraction Production Capacity
What Influences Cannabis Extraction Production the Most? One of the most common questions that we’re asked at Precision is, “How much material will my lab be able to process per shift?” While the question may seem simple on the surface, the answer is much more complicated and a variety of factors coming into play. First,…
Read MoreMunicipal Guide to Extraction in the Cannabis Industry
Why Should Your Municipalities Welcome the Cannabis Industry? The cannabis extraction industry is one of the fastest growing markets in the United States with near 90% growth year-over-year and billions in investment flowing into the industry. This fast-paced industry is a perfect fit for cities and townships interested in creating jobs and generating significant tax…
Read MoreExtraction Lab Startup | Cost & Return on Investment
A Deep Dive into Investing in an Extraction Lab Business Extraction is a booming business. In more developed markets up to 70% of all retail sales come from some form of an extract-derived product. It’s no wonder why entrepreneurs and growers are rushing into the business. But what are the real costs and prospective returns…
Read MoreHow to Start a Cannabis Extraction Business Plan
10 Steps to a Successful Cannabis Extraction Business Plan The cannabis extraction business is hot. More than 50% of today’s legal marijuana sales are concentrates and infused products, and extracts constitute the fastest growing segment of the marketplace. With that kind of demand, you can bet that entrepreneurs, investors, and canna businesses are flocking to get…
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