You are here

Home 🌿 Marijuana Business News 🌿 INTIVA INC LAUNCHES EQUIPMENT LEASING DIVISION FOR CANNABIS GROWERS AND PROCESSORS 🌿

INTIVA INC LAUNCHES EQUIPMENT LEASING DIVISION FOR CANNABIS GROWERS AND PROCESSORS

Submitted by Marijuana News on Tue, 06/02/2015 - 18:18

First Three Supercritical CO2 Extractors Installed In Northern California

 

Denver, Colorado - May 30, 2015 - INTIVA Inc. (“INTIVA” or the “Company”) today announced that its jointly-owned subsidiary, INTIVA Sonoma LLC, has begun leasing oil extraction systems to medical cannabis growers and processors. INTIVA Sonoma LLC (“Sonoma”) is 50 percent owned by the Company’s wholly-owned subsidiary, INTIVA Finance LLC, and 50 percent owned by the manufacturer of the extraction systems.

Sonoma’s first three extractors have been installed with customers in northern California under a lease-to-own program. These state-of-the-art systems utilize subcritical and supercritical CO2 as the solvent to extract oil concentrates from cannabis. CO2 is a safer, and generally less-toxic method of extraction as compared to the commonly used butane extraction process.

Jeffrey Friedland, CEO of INTIVA Inc. commented on the launch, “This is an important development for INTIVA, not only does it mark our transition to a revenue...

Rate this article: 
Region: 
United States

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
https://docs.google.com/document/d/1ROsrWefJ3GWFqZukhuhH8Ze48BvgrHXfCeKWHD123mY/edit?pli=1

420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.