Cannabis Extraction Equipment Financing: Co2 Extractors, Hydrocarbon Extractors, and Ethanol Evaporation systems.
Program Guidelines
Established Cannabis Businesses
- Equipment Cost: $25,000- $1,000,000
- Minimum FICO: 580 (600 Preferred)
- Terms: 36-48 Months
- 2 years time in business or greater required
- Personal Guarantee required for any person or entity owning 1% or greater.
- Equipment up to $75,000:
- Credit Application
- Last 6 months Business Bank Statements
- Equipment up to $100,000:
- All requirements for $75,000
- 1 year Personal and Business Tax Returns
- Current Interims- YTD Profit & Loss and Balance Sheet
- Equipment up to $1,000,000:
- All requirements for $75,000
- Personal Financial Statement
- 2 years Personal and Business Tax Returns
- Current Interims- YTD Profit & Loss and Balance Sheet
Start-up Cannabis Businesses
- Equipment Cost: $25,000- $1,000,000
- Minimum FICO: 580 (600 Preferred)
- Terms: 36-48 Months
- Personal Guarantee required for any person or entity owning 1% or greater.
- Credit Application
- Last 6 months Personal Bank Statements and Any Business
- Personal Financial Statement
- Start-up Questionnaire
- 2 years Personal and Business Tax Returns
- Current Interims- YTD Profit & Loss and Balance Sheet
Cannabis Extraction Equipment We Finance
CO2 Extractors
Co2 Extraction
This type of Cannabis Extraction Equipment makes use of Carbon Dioxide, or Co2, in a range of states (subcritical, mid-critical, and supercritical) to pull out the Trichomes and Terpene Oils. Co2 has been used in the pharmaceutical industry for many years, and interestingly enough, also used in the food industry. Co2 is used to de-caffeinate coffee, add the bubbles to your soda or beer, or keep meats and veggies fresh.
Co2 is generally considered safe to use under proper training and conditions. It is non-combustible and provides a pure and potent end product.
Supercritical Co2 Extraction (or you might have heard sCO2 extraction or SFE)
During supercritical extraction, liquid carbon dioxide is heated and put under pressure until it reaches its supercritical state. During the supercritical state Co2 turns into a combination of gas and liquid simultaneously. That mixture is then forced through the raw cannabis material, stripping the trichomes and terpene oils from it. From there the Co2 is separated from the extract, condensed and returned to its holding tank. (Source)
Subcritical Extraction
Subcritical Extraction involves low temperatures and low pressure. Subcritical extractions take longer than their supercritical counterparts and also produce a smaller yield. While it retains the terpenes, essential oils and other sensitive materials, it doesn’t extract larger molecules such as chlorophyll and omega 3 and 6. The benefit of subcritical extraction, however, is that it is less likely to damage terpenes. (Source)
Mid-Critical Extraction
Mid-critical is simply a general range between subcritical and supercritical. Some companies combine supercritical and subcritical to create a full-spectrum CO2 cannabis extract. They use the subcritical extraction method to separate the drawn-out oil and draw out the very same plant material using supercritical pressure. The oils are then homogenized into one which creates an amalgamated oil. This is known as the CO2 Total Extraction Process. (Source)
Pros:
Whether using sub- or supercritical extraction, CO2 is considered safe for human consumption and is non-combustable. CO2 Extraction is considered highly efficient because it can be tailored to target specific compounds depending on strain. CO2 Extraction produces highly potent cannabinoids, free of chlorophyll with minimal risk of contaminants.
Cons:
C02 Extraction equipment is expensive per biomass unit produced. Technical skill is required to properly and safely run the machinery.
- Vape Cartridges
- Applicators/Syringe
- Tinctures
- Ointment and Slaves
- Capsules
How CO2 Cannabis Extraction Equipment Works
Ethanol Evaporation Systems
Often deemed the universal solvent, C2H5OH or Ethanol, is great for extracting polar and non-polar substances. This type of cannabis extraction equipment allows for chlorophyll, pigments, and tannins to be dissolved while keeping waxes, lipids, oils, cannabinoids, and terpenes.
Unlike Supercritical CO2 or Hydrocarbon, Ethanol doesn’t require high pressure for extraction. Depending on the desired end product, ethanol can used warm, cold, or room temperature.
Ethanol produces a full spectrum concentrate, but will need further refinement/winterization if going for isolates. Full spectrum concentrate is often desired for its “entourage effect”.
Pros:
Doesn’t require high pressure.
Can eliminate the need for dewaxing or winterization.
Cons:
Ethanol has a much higher boiling point than Hydrocarbon, making recovery process slower and more difficult.
Limited in the amount of products it can produce.
Post processing is very labor intensive and requires the use of many different methods of refinement.
- Tinctures
- Edibles
- Full Spectrum Extracts (FSE)
- Crude Oil
How Ethanol Evaporation Systems Work
Hydrocarbon Extraction
This type of cannabis extraction equipment involves the use of hydrocarbons as a solvent. The hydrocarbons are typically Butane or Propane; which are are isolated and extracted through the refinement process of petroleum.
Hydrocarbons are a class 2 flammable liquefiable gas that the FDA has generally recognized as safe. Due to their low boiling points, they are perfect for cold-boiling; this leaves the heat sensitive terpenes intact.
Pros:
Hydrocarbon systems use low pressure (generally 0 to 30psi) closed loop systems as opposed to SCCO2; which operate at a multitude of much higher pressure and temperature combinations.
Can be combined with other hydrocarbons (mixing Butane with Propane for example)
The costs of reagents is low and plentiful.
Cons:
As flammable substances, hydrocarbon can be dangerous to work with if it is not properly handled. Storage and operation can become costly when keeping up with regulatory compliance.
Due to the infancy of the industry, there are not a lot of options when it comes to purchasing automated equipment; which also makes it expensive as well as limited. Additionally, being more hands on, labor costs can also be high.
- Shatter
- Pull and Snap
- Crumble
- Budder
- Wax
- Sap
- Oil
- Edibles
- Vape Cartridges
