EnWave Corporation announced that it has signed a royalty-bearing commercial license with a fourth Australia based cannabis company. The License grants AusCo the right to use EnWave’s patented Radiant Energy Vacuum technology for the production of cannabis products in Australia. AusCo has purchased a 10kW REV™ machine that will be used to dry cannabis flower for use in medicinal products. This REV™ machine will be built to the standard of Good Manufacturing Practices which will facilitate AusCo to manufacture EU GMP grade medical cannabis products for export to Europe and other global export markets. EnWave’s REV™ technology offers a fast, gentle drying method that removes moisture homogenously from cannabis at selected low temperatures which are below the point of decarboxylation. When compared to incumbent drying methods, REV™ protocols can be customized to improve terpene retention in the order of 20% or greater and preserve equivalent or higher cannabinoids when compared to conventional rack or room drying methods. Bioburden is also effectively reduced when using select REV™ protocols. Drying times are shortened from multiple days to less than two hours. REV™ machinery is manufactured for GACP compliancy and GMP standards upon request – a key manufacturing competency of EnWave.