Astrotech And Its Subsidiary, AgLAB Unveils The First Process Control System For Cannabinoid Oil Distillation Systems
Portfolio Pulse from Benzinga Newsdesk
Astrotech Corporation and its subsidiary, AgLAB, have introduced the first process control system designed for cannabinoid oil distillation systems. This innovation is expected to enhance the efficiency and quality of cannabinoid oil production, providing a technological advancement in the industry.
November 28, 2023 | 6:41 am
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Astrotech Corporation's introduction of a new process control system through its subsidiary AgLAB could position the company as a leader in cannabinoid oil distillation technology, potentially leading to increased market share and revenue.
The release of a first-of-its-kind process control system for cannabinoid oil distillation by Astrotech's subsidiary AgLAB is a significant development that could improve the company's competitive edge in the market. This technological advancement may lead to increased demand for their systems, thus potentially driving up the company's stock price in the short term.
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