PEI cannabis-oil extraction business is flowing

A P.E.I. company that makes cannabis oil extraction systems is claiming its place in Canada’s green rush. 

Advanced Extraction Systems, which works with Diversified Metals Engineering (DME) in Charlottetown to manufacture the equipment, began back in 2015. 

“Things have been moving tremendously fast in this industry,” says chief operational officer David Campbell, who’s also one of the company’s three major shareholders. 

“We’re very excited about the possibilities for this company.” 

Cannabis oil is the fastest-growing segment of Canada’s fledgling pot industry, Campbell said, because oil can be used in many products such as candy, sprays and creams. 

Advanced sold its first system in 2015 to Canopy Growth in Smiths Falls, Ont., where Tweed brand weed products are created. (Tweed partners with

... read more at: http://www.cbc.ca/news/canada/prince-edward-island/pei-cannabis-marijuana-pot-oil-advanced-extraction-business-1.4493000

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