CryoMass Technologies has secured an additional sales deal in Oklahoma for its CryoSift Separator™, a liquid nitrogen-based system designed specifically for the cannabis market.
The Denver-based company signed the deal with Tribe Collective, which will share the usage of the unit with fellow cannabis firm Choctaw Processing.
The agreement includes one-time revenue from the sale of the unit and recurring revenues from processing fees based on biomass volume throughout the patent licenses, which are at least five years.
CryoMass’ technology freezes and fractures biomass to efficiently isolate, collect, and preserve delicate resin glands (trichomes), which contain valuable cannabinoids and terpenes.
