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EnWave signs technology evaluation and license option agreement with North American multi-state cannabis company

(Globe Newswire) Vancouver — EnWave Corporation has signed a technology evaluation and license option agreement with a North American multi-state cannabis company, to lease a 10kW Radiant Energy Vacuum (REV™) dehydration machine to evaluate the value proposition of REV™ technology over incumbent drying methods. The cannabis cultivator’s evaluation is expected to complete before the end of June 2024. If the evaluation is deemed successful, EnWave expects to grant a commercial license and sell REV™ equipment to the cannabis cultivator.