|Bid||1.1650 x 0|
|Ask||1.1700 x 0|
|Day's range||1.1500 - 1.1750|
|52-week range||0.3750 - 2.3500|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||N/A|
|Earnings date||27 Aug 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||5.00|
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reports today that EnWave and Aurora Cannabis Inc. (“Aurora”) (ACB.TO) (ACB.TO) a global leader in the cannabis industry, have signed an exclusive, royalty-bearing commercial license agreement with sub-licensing rights (the “Agreement”) to use the Company’s proprietary Radiant Energy Vacuum (“REV™”) dehydration technology for the drying of cannabis in Australia. Aurora will hold an exclusive master license for the drying of cannabis using REV™ in Australia and will work closely with EnWave to pursue sub-licensing opportunities. If certain minimum commercialization requirements are met, Aurora will receive an undisclosed share of royalties derived from any cannabis product dried with REV™ technology by sub-licensees in Australia.
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