First Offering of Licensing for HempTrain™ Technology
CALGARY, Canada, March 25, 2021- Canadian Greenfield Technologies Corp. (CGT), is pleased to announce the availability of Technology & Business Licenses for it’s state-of-the-art HempTrain™ technology. The announcement comes following full commercialization and proven merit of HempTrain™, and numerous inquires from the North American and International markets for manufacturing and distributing rights of HempTrain™. The Technology & Business Licenses will allow the License Holder to manufacture and distribute HempTrain™ technology/equipment within the defined territory.
The License is exclusive for life and irrevocable for the delineated Territory and will include the supply by CGT of the first HempTrain™ installation, full technology transfer (drawings, specifications, technical know-how), on-going technical support by CGT engineers in Canada, as well as full access to on-going technological upgrades by CGT. The License will entitle the Licensee to manufacture, distribute and/or operate unlimited number of HempTrain™ installations exclusively and unconditionally within Territory.
The cost of a License in North America, for a Territory with a population up to 20,000,000 (20 million) is a one-time, up-front USD$3.75M (including the cost of the first turn-key HempTrain™ facility) . Each additional license for ANY territory world-wide will cost a one-time, up-front USD$1.75 M (HempTrain™ facility not included), if the additional territory is still “open” and the additional license is purchased within 2 years of purchasing the first, main License. There will be no royalty or alike whatsoever and no deferred payments. Licenses for territories outside of North America will be priced on the basis of their merits.
CGT’s patented HempTrain™ technology - a "Tesla" of hemp processing- has been identified as a key technology for the growth of the industrial hemp industry, and has been widely accepted and recognized as the only hemp processing technology capable of facilitating mass production of products for high-value markets. Currently, turn-key HempTrain™ installations are available to the open market only in Canada and the United States. The availability of the Licenses will open opportunities around the world, expanding HempTrain’s global presence.
A HempTrain™ installation can produce up to 10,000,000 lbs of high value products, processing feedstock from some 2,000 – 5,000 acres of hemp (depending on the crop yield). If the entire production is sold, the payback for a HempTrain™ facility could be less than 1 (one) year. Based on the above acreage per a single HempTrain™, the market for HempTrain™ is from 200 to 500 installations per each 1,000,000 acres (400,000 hectares) of the hemp farming. This is very conservative once hemp processing infrastructure producing high value products is in place. Note, that 1,000,000 acres would constitute only approximately 1/900th of the total farmland in the USA or 1/160th in Canada or 1/400th in Australia or 1/100th in South Africa.
About the HempTrain™ Advanced Processing Plant
The HempTrain™ Advanced Processing Plant is the only hemp processing technology capable of separating whole-plant hemp feedstock into all high-value components. A HempTrain™ can separate dry hemp feedstock into long, strong bast fiber, clean, size-specified hurd, and a nutrient rich green microfiber. Furthermore, it can process fresh/green hemp feedstock, separating and concentrating an Extraction-Ready Fraction for use as an CBD extraction feedstock. Learn More>>
About Canadian Greenfield Technologies Corp. (CGT)
Canadian Greenfield Technologies Corp. is a Calgary-based, engineering and manufacturing company specializing in hemp-based products and technologies. An off-shoot of an international-award winning industry group in business since 1987, CGT is an industry leader with unparalleled expertise in hemp processing and the only supplier of complete whole plant hemp processing facilities in North America. CGT's operations are structured into two divisions: HempTrain™ Division involved in manufacture of HempTrain™ for open market, and a Hemp Products Division involved in manufacture of hemp products including HempAlta™ branded products and the ASTM/CSA-compliant NForce-Fiber™ using company’s own HempTrain™ facilities.