WestCann Holdings Ltd. (“WCH” or the “Company”) is pleased to announce that it has signed an agreement with IOTO USA, LLC (“IOTO”) for the exclusive global licensing of all uses with cannabis and hemp of IOTO’s patented technologies for the reconstitution of plant matter.
Originally developed for the primary processing of tobacco, IOTO’s technologies allow for complete homogenization of cannabis as well as for full process control over the active ingredients and smoking characteristics. As a result, precision tobacco cigarette making and packaging equipment can be utilized for pre-roll manufacturing, creating a highly consistent and reproducible consumer product with significant quality and cost advantages.
The Company’s wholly owned subsidiary WestCann Processors Inc. is planning to start the manufacturing of reconstituted cannabis pre-rolls for the Canadian recreational market at its Yorkton, SK facility by December 2022 and expects its products to be available to consumers through licensed retail stores in early 2023.
CEO Andreas Gedeon: “I’m convinced that our products will be disruptive to the existing pre-roll market, which is one of the single biggest growing segments in the cannabis industry. I believe that consumers will quickly appreciate our convenient format and the fact that they can always get the same experience with the next pack they purchase, all at a discount to what they are used to paying right now.”
The exclusive license to IOTO’s technologies complements WestCann’s portfolio of custom engineered automatization solutions, including its patented child resistant hinge lid pack that is certified for use in Canada, the U.S., Switzerland and the EU.
Over the course of the next year, the Company plans on partnering with licensed operations in several U.S. states for additional installations of its fully automated pre-roll making and packing lines, as well as on preparing to be a first mover in the upcoming recreational cannabis markets in Germany and Thailand.
For further information please visit www.westcann.com or contact Andreas Gedeon, CEO at firstname.lastname@example.org.
WestCann Holdings Ltd., based in Perth, WA and its wholly owned subsidiaries WestCann Processors Inc, 102021671 Saskatchewan Inc. in Canada and Laika Brands, LLC in Nevada are focusing on the transfer of tobacco processing technologies to the recreational cannabis markets. For more information on WestCann please visit www.westcann.com.
IOTO USA, LLC, a subsidiary of IOTO International in Brazil, is a global leader in the provision of flavorings and reconstitution technologies for tobacco. For more information on IOTO please visit www.iotointernational.com.
PRESS RELEASE CONTACT
+1 (250) 713-6302
Topic: Press release summary
NEC Corporation announced today the launch of carrier-grade, cloud-native Open RAN software supporting its industry-leading digital beamforming of Massive MIMO (mMIMO). The solution will be available globally from the beginning of 2022.
5G Networks are increasingly adopting the cloud. The introduction of virtualization technologies in various layers of the network, from core to RAN, enables faster service provisioning and equipment cost reduction while shortening procurement lead times. Cloud-native architecture and operation allows network orchestration and automation at scale, thereby achieving improved service quality and reliability.
NEC’s cloud-native software delivers carrier-grade performance, cloud-grade scalability and cost effectiveness. To meet 5G’s high-speed, high-capacity requirements, it provides advanced control of full digital beamforming over 16 layers in downlink communications in systems where mMIMO is utilized. This implementation delivers large-capacity transmission as well as efficient and autonomous control depending on the service requirements and traffic conditions.
The solution fully supports O-RAN specifications and leverages the wide ecosystem of a variety of partners. This open RAN, cloud-native software is fully containerized and provides flexibility for deployment scenarios (on premises, private cloud, public cloud), geographies (urban, peri-urban, rural) and use cases (consumer, enterprise, government).
In addition to these products, NEC also offers a new windowRAN Domain Orchestration solution from its subsidiary Netcracker. The solution combines Netcracker’s industry-leading orchestration, OSS and analytics functions with NEC’s expertise in integrated network operation and management to fully automate all aspects of the RAN domain. The solution is based on Netcracker’s cloud-native Digital OSS (operation support system). It runs on any Kubernetes(2) cloud platform and is compliant with open APIs and standardization, enabling collaboration with a variety of products from different Open RAN vendors.
Patrick Lopez, Global VP Product management, 5G products at NEC commented: “We are continuing with our tradition of market-leading innovation. NEC was the first vendor to develop virtualization technologies for communications networks. We were the first company to commercialize Open Flow(3), SDN controllers(4) and NFV(5) as well as the pioneer vendor to provide virtualized core networks.
“Today, by introducing cloud-native virtualization to the RAN as well, NEC accelerates the migration toward next-generation networks and contributes to unlocking the full potential of 5G.”
(1) Technologies with advanced MIMO (Multiple Input, Multiple Output). A technology that simultaneously improves the quality stability of spatial multiplexing and radio propagation paths by taking advantage of the freedom of a large number of independent transceivers. In 5G, it was developed and introduced aiming at further frequency utilization efficiency improvement by spatial multiplexing in addition to orthogonal frequency multiplexing and time division multiplexing of 4G.
(2) Open source software that automates the deployment and scaling of containerized applications.
(3) Network technology that enables centralized network control by separating network control functions from switches and aggregating them into controllers.
(4) Software-Defined Networking: Concepts for software-controlled networking.
(5) Network Function Virtualization: A technology that virtualizes various functions that make up a network, such as router functions and firewall functions, and realizes network functions on a general-purpose server without using dedicated hardware.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.