CANNAINVESTOR Magazine U.S. Publicly Traded Aug / Sept 2019 | Page 73

We continue to innovate in areas where we see the market moving. Yesterday, that included highly efficient extraction technologies with high throughput. Today, we forsee THC remediation from Industrial Hemp extracts to be a large industry focus in the future; especially under todays regulatory structure. New areas of research and development include high volume chromatography technologies for this purpose

CIM: You’re a holding company with six subsidiaries which include?

EthoEx: EthoEx Corporation is not a holding company, but a technology company focused on Cannabis Sativa L; industrial hemp and marijuana alike. It serves as a core research and development company, that creates intellectual property and then licenses the IP to other companies. We currently utilize our IP under five different subsidiary companies and also other corporate entities and businesses.

- EthoEx Mobile, which is a mobile platform utilizing the IP under EthoEx Corporation. This platform includes two sizes including a 6,000 lb/day and a 20,000 lbs/day unit. Both are the first full process extraction unit capable of handling large hemp acreage on site.

-EthoEx Industrial, By mid Q3, 2019, we’ll be launching EthoEx Industrial. Our plans are to introduce the same temperature control technologies and automation software architecture/mechatronics to a much larger production scale operation to exceed 20,000 lb per eight-hour shift.

-EthoEx Extraction, is the first industrial hemp manufacturing facility currently in the Sacramento, Ca area to cover the norther and central California region. EthoEx Extraction Corp will be expanding to other geographical locations including Los Angeles and the Bay Area to cover the northern and southern distribution lines of California by Q3 and Q4 of 2019 .