Cryomass Technologies Inc (PK:CRYM)
Business Focus: Industrial Machinery & Equipment
Insider Filings
Latest 10 SEC Form 4 filings for CRYM*US within the last 6 months
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Company News
May 16, 2024 07:10 ET
CryoMass Partners with Cannabis Powerhouse LEEF to Deploy Its Cryo Separation Technology
CryoMass Technologies Inc. (the “Company” or “CryoMass”) (OTCQB: CRYM), a pioneering leader in cryogenic refinement systems for trichome-rich crops, today announced the sale of its second CryoSift Separator™ production model ("Unit") for US$1.2...
May 14, 2024 07:10 ET
CryoMass Announces Sale of First Production Model to be deployed in Canada
CryoMass Technologies Inc. (the “Company” or “CryoMass”) (OTCQB: CRYM), a pioneering leader in cryogenic systems for refinement of trichome-rich crops, today announced the sale of its first production model. As previously announced in January of...
Valuation Ratios
Industry
Sector
Beta
0.36
--
--
Price to Sales - TTM
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2.41
1.83
Price to Book - most recent quarter
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2.54
2.25
Price to Cash Flow per share - TTM
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16.59
13.50
Price to Free Cash Flow per share - TTM
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26.88
23.29
Business Summary
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
Cryomass Technologies Inc. designs, manufactures and licenses field-mobile equipment for the handling of harvested cannabis, hemp, and other high-value plant material. The company owns patented technology that utilizes liquid nitrogen to fully separate, collect and protect the high-value compounds from the harvested plant. The Company through its CryoMass patented liquid nitrogen has built a Trichome Separation unit. The Trichome Separation system is optimized for the capture of fully intact cannabis and hemp trichomes, as well as terpenes. It can be used within minutes after plants have been cut and can also efficiently capture trichomes from fresh frozen or even dried plant parts, including trim. The CryoMass system, on the other hand, stabilizes and collects fully intact trichomes at harvest, leaving no opportunity for such wasteful loss.
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