Legal Cannabis and CBD---New Emerging market $22.6 billion by 2021- Medical Marijuana
The public demand for medical marijuana is growing rapidly as people recognize the therapeutic/medical value of different Cannabinoids. State governments are recognizing the will of the people and legalizing the use of medical marijuana at a rapid pace. Various reports indicate a rapid growth for the legal cannabis market from $6.7 billion in 2016 to $22.6 billion by 2021. As a subset of the total cannabis market is the non-psychoactive CBD market. The CBD market is estimated to grow to $3 billion by 2021. Initially, Prime Separations will focus on producing high purity CBD. Prime’s film based chromatographic (FBC) technology offers several operational and economic advantages over standard column separation methods currently practiced for the separation and purification of the different Cannabinoids and other components present in Hemp.
Oil and gas industry---Water is the key
The produced water market worldwide is $40B+ and growing at over 5% per
annum. In the US with the
extensive growth of the Balkan area in oil and gas, the Marcellus Shale area
for gas, and in oil and gas fracturing techniques being utilized on old/new
energy deposits, the US
is on the doorstep of becoming the world’s largest energy producer. This will
result in a geopolitical shift that could restore America’s dominance in many
industries for the next century.
At the heart of this opportunity is one major issue…WATER…accessibility,
use and re-cycling that presents the greatest challenge especially in those
areas (Balkan’s fields are in North Dakota, Montana, South Dakota) and in other
arid geographic locations where water is limited and necessary to provide for
food production (farming), the support of livestock and especially for
sufficient potable water for human consumption.
Prime has a solution that will reduce the current cost/barrel by at least 50%, provide for
far less usage of clean water and allow for on-site remediation rather than costly multiple trucking of produced water. Prime can provide water
on-site for additional fracturing or for farming, livestock or portable water.
Read "Water Demand is Flash Point in Dakota Oil Boom" at http://www.circleofblue.org
Food,
Agriculture…… $5B+
Prime has
had significant interest from multi -billion dollar firms to remove
contaminants from fermentation broth generating fuels and chemicals from
biomass. Prime has also been invited to make proposals to an international food
processing companies to extract and separate value added chemicals from waste
products generated in their process.
Biopharmaceutical……$5B+
Data
generated by an independent public pharmaceutical company indicates a
substantial economic advantage in media processing costs (US, $4000 versus $40/
kilo of recombinant protein) versus current separation methods. Prime’s process
would eliminate ultra-filtration as it can operate in the presence of debris, dramatically reduce water consumption therefore increasing drug plant capacity by over
300% for the same manufacturing footprint, increase yields…many other benefits.
Mining……$4B+
Gold, tailing pond remediation
PSI has had
mining tests completed by an independent laboratory and worldwide mining expert
which concluded that PSI’s solution would provide significant cost reductions
and provide a far better method for precious metals extraction (gold was
particularly highlighted due to the value and elimination of many costly
processes). Prime’s film based chromatography would improve the environmental safety of mining
procedures currently practiced and allow for boutique mining in areas of
limited access..
The
recovery of gold from mining solution by Carbon in Pulp (CIP) or Carbon in
Leach (CIL) processes incorporates the use of carbon. Prime has created a
document that addresses the replacement of the “carbon process” using Prime’s film
based chromatography (FBC) technology.
E-waste
(recovery of precious metals from end of life electronics, sewage cake…other
hazardous materials and compositions)
Prime has
successfully processed e-waste in the form of pulverized cell phones and
selectively removed copper, gold and lead from the complex metal mixture using
our chromatographic film and proprietary solution chemistries. This was
accomplished in two simple separation processes and represents capture of 85%
of the economic value contained in the e-waste.
Prime is continuing efforts along with de-manufacturing partners to selectively
capture and isolate the remaining metals within the e-waste mixture
The PSI
model supports with a major partner the establishment of regional processing
centers for the total recycling of e-waste and recovery of precious metals from
same. PSI is looking to develop collaborative relationships with established
de-manufacturing operations throughout the United States. Currently, recycling of metals from end of
life electronics (e-waste) is accomplished using highly polluting and energy
intensive pyrometallugical (smelting) methods. Smelting also requires several
manipulative steps to effect a separation and is restrictive in the processing of
certain metals for which penalties are incurred. These processes have been
practiced for hundreds of years and are essentially a method of convenience for
the client because there hasn’t been a good commercial alternative to smelting
until the introduction of Prime’s film based chromatography and
hydrometallurgical processing methods.
