Cavitation Technologies, Inc. Signs a Pilot Test Agreement with Island Breeze Farms

Rhea-AI Summary

Cavitation Technologies (CVAT) has entered a pilot test agreement with Island Breeze Farms to assess its innovative nanotech water system aimed at enhancing cannabis cultivation. This technology significantly boosts molecular oxygen levels in water, promoting healthier plants and increased crop yields. The cannabis market is rapidly expanding, projected to exceed $123.9 billion this year, with a 455% increase in licensed cannabis acreage in the U.S. since 2018. CVAT aims to leverage this trend by providing cleaner feed water for cannabis growers.

Positive

• Pilot test agreement with Island Breeze Farms to evaluate technology.
• Technology increases molecular oxygen in water, enhancing plant health.
• Cannabis cultivation market projected to exceed $123.9 billion this year.
• U.S. licensed cannabis acreage increased by 455% since 2018.

Negative

• None.

Chatsworth, CA, April 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) has signed a pilot test agreement with Island Breeze Farms. The agreement is meant to evaluate CVAT’s technology and the growth of healthier cannabis plants with increased crop yields. Island Breeze Farms is a Licensed Cannabis grower in Southern California, operating a 130,000 square foot greenhouse facility.

CVAT’s technology and nanotech water system substantially increases the amount of molecular oxygen in water. As cannabis plant roots absorb the molecular oxygen, Nano bubbles continue to replace lost oxygen, resulting in a stable elevated level of oxygen. This stable elevated level of oxygen produces a cleaner and more efficient method of irrigation, resulting in healthier plants with increased crop yield. Additionally, cavitation processed water will create a healthy soil environment without bacteria and fungi.

Roman Gordon, Global Technology Manager, commented, “This pilot test agreement is a huge opportunity for our Company as our technology may have substantial commercial value in the cannabis industry. The global cannabis cultivation market size is estimated to surpass $123.9 billion this year and domestically, U.S. farmers have been licensed to grow 511,442 acres of cannabis — a 455 percent increase over 2018 levels. In California alone there have been over 5,800 State growers’ licenses issued. By utilizing our nanotech water system cannabis growers will have cleaner feed water and should expect to see healthier plants and increased yields in their crops.”

About Cavitation Technologies, Inc. 

Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. http://www.ctinanotech.com/

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Forward Looking Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions such as, should expect to see healthier plants and increased yields in their crops by utilizing the nanotech water system. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment and our ability to perform as anticipated and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Cavitation Technologies, Inc.
8187180905
info@ctinanotech.com

FAQ

What is the pilot test agreement signed by Cavitation Technologies (CVAT)?

CVAT signed a pilot test agreement with Island Breeze Farms to evaluate its nanotech water system for improving cannabis plant growth.

How does Cavitation Technologies' technology help cannabis growers?

The technology increases molecular oxygen in water, leading to healthier plants and potentially higher crop yields.

What is the market potential for cannabis cultivation according to Cavitation Technologies?

The global cannabis cultivation market is estimated to surpass $123.9 billion this year.

How much has the licensed cannabis acreage increased in the U.S. since 2018?

Licensed cannabis acreage in the U.S. has increased by 455% since 2018.