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New Listing: MEDXtractor Corp. (CSE:MXT)

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The Calgary-based company manufactures patented, proprietary craft-scale carbon dioxide-based extractors that are used to extract essential oils and compounds from a variety of botanical materials.

Additional Information:

Company: MEDXtractor Corp.
Website: http://www.MEDXtractor.com
Stock Symbol: CSE: MXT
Date Published: Oct 24, 2019
Transcript: Available

Video Transcript:

I’m Nadika Viswakula for Investmentpitch Media

MEDXtractor Corp. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “MXT”.

The Calgary-based company manufactures patented, proprietary craft-scale carbon dioxide-based extractors that are used to extract essential oils and compounds from a variety of botanical materials.

The company specifically targets the "Craft" cannabis grower.

Craft growers are those whose crop is up to 800 indoor-sized plants per crop cycle.

Growing demand is from the premium craft cannabis market as these growers respond to the shift toward high-purity oils and concentrates as the base for a multitude of products such as vapes, dabs, edibles, lotions, sprays, and suppositories.

The ongoing worldwide cannabis legalization movement is expected to further increase demand for extracts and the company has installations in multiple countries worldwide.

James M. Durward, President and CEO, stated: “MedXtractor is experiencing significant sales growth and, unlike most cannabis-related operations, is currently generating positive cash flow from operations. When combined with a market capitalization far below its peers, MedXtractor offers significant potential upside for the cannabis investor.”

The shares are trading at $0.08.

For more information, please visit the company’s website www.MEDXtractor.com, contact James M. Durward, President and CEO, at 403-689-3901 or by email at jimd@MEDXtractor.com.

I’m Nadika Viswakula for Investmentpitch Media