CRYM

CryoMass Announces Non-Dilutive Financing Agreement

Retrieved on: 
Monday, January 29, 2024

DENVER, Jan. 29, 2024 (GLOBE NEWSWIRE) -- CryoMass Technologies Inc. (the “Company” or “CryoMass”) (OTCQB: CRYM), a leader in cryogenic trichome-rich crops refinement systems, today announced that it has reached terms of an agreement with CRYM Co-Invest GP, a company affiliated with CryoMass (‘’GP”).

Key Points: 
  • DENVER, Jan. 29, 2024 (GLOBE NEWSWIRE) -- CryoMass Technologies Inc. (the “Company” or “CryoMass”) (OTCQB: CRYM), a leader in cryogenic trichome-rich crops refinement systems, today announced that it has reached terms of an agreement with CRYM Co-Invest GP, a company affiliated with CryoMass (‘’GP”).
  • Under the agreement, entities controlled by GP will have the right to purchase up to five CryoSift Separator™ Units (''Units”) from CryoMass for a total of up to US$6 million.
  • This innovative financing structure provides growth capital to CryoMass while enabling wider deployment of the Company's game-changing processing technology.
  • "This innovative financing agreement is key since it will allow us to more rapidly deploy our disruptive CryoSift Separators™ and drive adoption of our cutting-edge refinement process," said Christian Noël, CEO of CryoMass Technologies.

CryoMass provides update

Retrieved on: 
Friday, July 7, 2023

Since acquiring all intellectual property from CryoCann USA Corp, CryoMass has achieved remarkable strides in advancing and protecting its proprietary technology.

Key Points: 
  • Since acquiring all intellectual property from CryoCann USA Corp, CryoMass has achieved remarkable strides in advancing and protecting its proprietary technology.
  • CryoMass, in collaboration with Coastal's extraction team, conducted trial runs on the Beta unit and identified areas for optimization to enhance performance.
  • Throughout this phase, the CryoMass team closely monitored stress points, and performed necessary maintenance and adjustments during periods of downtime.
  • CryoMass provides the ideal solution for reducing the volume of this biomass before the next harvest arrives.

CryoMass Technologies Appoints Top Extractor Sales Veteran To Lead Global Sales Just Ahead Of California Product Launch

Retrieved on: 
Tuesday, August 9, 2022

DENVER, Aug. 9, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company" or "CryoMass") (OTCQX: CRYM) welcomes Mike Stringile to lead its worldwide sales team as it prepares to launch its first commercial installation next month in Monterey, California.  Mr. Stringile brings unsurpassed cannabis industry extraction knowledge and sales experience to CryoMass.

Key Points: 
  • DENVER, Aug. 9, 2022 /PRNewswire/ --CryoMass Technologies Inc. (the "Company"or "CryoMass") (OTCQX: CRYM) welcomes Mike Stringile to lead its worldwide sales team as it prepares to launch its first commercial installation next month in Monterey, California.
  • Mr. Stringile brings unsurpassed cannabis industry extraction knowledge and sales experience to CryoMass.
  • When I understood what these guys were up to, I immediately thought of just one thing this will change everything!
  • In November 2018, Mr. Stringile joined an upstart C02 extraction company based in Kelowna, British Columbia, called Vitalis Extraction Technologies.

CRYOMASS PREPARES FOR THE MARKET LAUNCH OF ITS REVOLUTIONARY TRICHOME SEPARATOR

Retrieved on: 
Thursday, August 4, 2022

DENVER, Aug. 4, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company" or "CryoMass") (OTCQX: CRYM) is pleased to announce that rigorous testing of its patented cryogenic trichrome separation system has yielded results in all key areas of interest that either met or significantly surpassed pre-testing expectations.  The Company is now busily preparing to deliver its first commercial unit to an operating partner based in the heart of the largest cannabis production region of the world's largest cannabis market, California.

Key Points: 
  • Here is the video of the continuous-feed CryoMass trichrome separation system in operation that was initially published in May: CLICK HERE TO WATCH THE VIDEO
    The common stock of CryoMass Technologies Inc. trades on the OTC QX market under the symbol CRYM.
  • For further information, please contact the Company by email at [email protected] or by telephone at +1 833 256 2382.
  • Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry inthe United States.
  • Please carefully review the Company's SEC filings with respect to related risk factor.

OTC Markets Group Welcomes Cryomass Technologies Inc. to OTCQX

Retrieved on: 
Tuesday, July 12, 2022

NEW YORK, July 12, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Cryomass Technologies Inc. (OTCQX: CRYM), a company preparing to manufacture and operate field-mobile equipment for the handling of harvested cannabis, hemp and other high-value plant material, has qualified to trade on the OTCQX Best Market.

Key Points: 
  • NEW YORK, July 12, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Cryomass Technologies Inc. (OTCQX: CRYM), a company preparing to manufacture and operate field-mobile equipment for the handling of harvested cannabis, hemp and other high-value plant material, has qualified to trade on the OTCQX Best Market.
  • Christian Nol, Cryomass CEO, stated, We are pleased to reach this important milestone, as OTCQX is the highest tier of the OTC markets.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.
  • OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

OTC Markets Group Welcomes CryoMass Technologies Inc. to OTCQX

Retrieved on: 
Thursday, June 23, 2022

DENVER, June 23, 2022 /PRNewswire/ --CryoMass Technologies Inc.("CryoMass") (OTCQX: CRYM) is pleased to announce that CryoMass begins trading today on OTCQX under the symbol "CRYM."

Key Points: 
  • DENVER, June 23, 2022 /PRNewswire/ --CryoMass Technologies Inc.("CryoMass") (OTCQX: CRYM) is pleased to announce that CryoMass begins trading today on OTCQX under the symbol "CRYM."
  • Of more than 12,000 securities traded on the OTC Markets, only 644 have met the requirements for trading on the OTCQX.
  • Christian Nol, CryoMass CEO, stated, "We are pleased to reach this important milestone, as OTCQX is the highest tier of the OTC markets.
  • The common stock of CryoMass Technologies Inc. trades on the OTCQX market under the symbol CRYM.

CryoMass Technologies Receives Canadian Patent For Its Proprietary Cryogenic Process For Separating Plant Material; Patent Protection Good Until 2039

Retrieved on: 
Tuesday, May 31, 2022

The patent relates in general to separating plant particulates and, in particular, to a system and method for cryogenic separation of plant material.

Key Points: 
  • The patent relates in general to separating plant particulates and, in particular, to a system and method for cryogenic separation of plant material.
  • Patent Protection Good Until 2039!
  • Christian Nol, CryoMass CEO, stated, "After years of planning, engineering and technical validation, it is exciting to receive patent protection in another key target market for our highly-disruptive technology.
  • CryoMass remains committed to expanding its global patent protection portfolio and is pursuing patents in other important jurisdictions, including the European Union.

CRYOMASS TECHNOLOGIES BEGINS TRIALS OF USER-READY EQUIPMENT

Retrieved on: 
Monday, May 2, 2022

DENVER, May 2, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company") has begun real-time trials of a full-scale, user-ready model of its patented cryogenic system for capturing the high-value elements of hemp and cannabis plants.

Key Points: 
  • DENVER, May 2, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company") has begun real-time trials of a full-scale, user-ready model of its patented cryogenic system for capturing the high-value elements of hemp and cannabis plants.
  • The goals of the trials are:
    To determine the most efficient throughput rates for different types of gross plant material.
  • Efficient throughput rates allow the equipment to operate continuously, without costly down time.
  • The common stock of CryoMass Technologies Inc. trades on the OTC QB market under the symbol CRYM.

CRYOMASS TECHNOLOGIES BEGINS TRIALS OF USER-READY EQUIPMENT

Retrieved on: 
Monday, May 2, 2022

DENVER, May 2, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company") has begun real-time trials of a full-scale, user-ready model of its patented cryogenic system for capturing the high-value elements of hemp and cannabis plants.

Key Points: 
  • DENVER, May 2, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company") has begun real-time trials of a full-scale, user-ready model of its patented cryogenic system for capturing the high-value elements of hemp and cannabis plants.
  • The goals of the trials are:
    To determine the most efficient throughput rates for different types of gross plant material.
  • Efficient throughput rates allow the equipment to operate continuously, without costly down time.
  • The common stock of CryoMass Technologies Inc. trades on the OTC QB market under the symbol CRYM.

CRYOMASS TECHNOLOGIES ELECTS SIMON LANGELIER TO BOARD OF DIRECTORS

Retrieved on: 
Tuesday, January 18, 2022

DENVER, Jan. 18, 2022 /PRNewswire/ -- CryoMass Technologies Inc.(the "Company") is pleased to announce that its board of directors has elected Simon Langelier to be a director of the Company.

Key Points: 
  • DENVER, Jan. 18, 2022 /PRNewswire/ -- CryoMass Technologies Inc.(the "Company") is pleased to announce that its board of directors has elected Simon Langelier to be a director of the Company.
  • CryoMass Technologies elects Simon Langelier to board of directors; a 30-year veteran from Philip Morris International.
  • Dr. Delon Human, Chairman of the CryoMass Technologies Board, noted: "We are delighted to welcome Simon to the Board.
  • The common stock of CryoMass Technologies Inc. trades on the OTC QB market under the symbol CRYM.