HempTrain™ Technology is Chosen for Multi-Million Dollar International Endeavor!
CALGARY, Canada, November 8, 2021- Canadian Greenfield Technologies Corp. (“CGT” or the company), developer and manufacturer of the state-of-the-art HempTrain™ Advanced Processing System, is pleased to announce the sale of a Manufacturing and Distribution License for HempTrain™ Technology to Aqua Aura Holdings of Botswana. The License is for eight African countries plus Options for additional countries in Africa as well the UK and Caribbean. HempTrain™ Technology & Business Licenses allow the License Holders to manufacture and distribute HempTrain™ technology & equipment within their delineated territories.
The USD$5M License (potentially ~USD$10M with options), includes supply of the first HempTrain™ and will enable the Licensee to start building a massive network for hemp processing. CGT will provide technical support to Aqua Aura in establishing the base for growing the HempTrain™ business.
“We are truly excited to be working with Aqua Aura in supplying industrial hemp processing technologies to the southern African continent. Our commercial HempTrain™ operations are producing unprecedented, high value, mass-market hemp products, and has led to this tremendous opportunity. CGT remains the world leader in hemp products & technologies manufacturing, offering for sale and/or licensing the world’s only technologies for making, or leading to, high value, non-commodity industrial hemp products, such as NForce-Fiber®, Hemp-Fresco™, Hemp-Pak™ and many others.” said Stephen Christensen, Vice President of Canadian Greenfield Technologies Corp.
The general scope of CGT’s HempTrain™ Manufacturing Licenses is available on the company’s website. CGT is in various stages of numerous HempTrain™ agreements, to be announced later.
About Canadian Greenfield Technologies Corp.
CGT is an award-winning Calgary-based engineering & manufacturing company specializing in hemp products and processing 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, having developed, designed, engineered, and manufactured the state-of-the-art HempTrain™ Advanced Processing Plant.
CGT's operations are structured into two divisions: The HempTrain™ Division, involved in manufacture of HempTrain™ technology for open market, and a Hemp Products Division, involved in the manufacture of hemp products, including HempAlta™ branded products and the ASTM/CSA-compliant NForce-Fiber™, using company’s own HempTrain™ facilities.
Stay tuned for updates. Follow Canadian Greenfield Technologies on Facebook, Instagram, LinkedIn and Twitter. For videos on real-world applications of hemp products, demonstrations, and ground-breaking technologies, subscribe to CGT’s YouTube Channel.