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EnWave Signs Royalty-Bearing Commercial License with Shinyway International Limited of New Zealand
VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | ...
About this update from Enwave Corporation
[{"type":"text","content":"EnWave Signs Royalty-Bearing Commercial License with Shinyway International Limited of New Zealand\n\n\n\n VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) --\n \n EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the \"Company\")\n \n announced today that it has signed a royalty-bearing, commercial license agreement (the “Commercial License”) with Shinyway International Limited (“Shinyway”), a service provider of cannabis processing, based in Christchurch, New Zealand.\n \n\n Under the Commercial License terms, Shinyway has been licensed to use EnWave’s patented Radiant Energy Vacuum (“REV™”) technology to produce cannabis products in New Zealand. Shinyway will pay a royalty commensurate with certain other existing licenses granted by EnWave, and the Company intends to continue working closely with Shinyway to ensure optimal product development success.\n \n\n\n About Shinyway International Limited\n \n\n Shinyway International Limited provides drying and trimming services for cannabis growers in New Zealand. While initially installing a single 10kW REV™ machine, Shinyway expects to maximize its competitive edge in drying service with the use of EnWave’s REV™ technology. Shinyway’s team is a dedicated group who brings extensive expertise and knowledge in cannabis processing and a genuine passion for supporting the growth and sustainability of New Zealand’s burgeoning cannabis industry. Driven by innovation and a commitment to excellence, the company employs cutting-edge processing techniques to ensure the highest standards of quality and efficiency. Shinyway’s goal is to build strong, collaborative relationships with local growers, serving as a trusted partner that fosters mutual growth and success. With the robust support of EnWave, Shinyway is dedicated to advancing the industry, promoting responsible practices, and helping New Zealand establish itself as a leader in sustainable cannabis production.\n \n\n\n About EnWave\n \n\n EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an inno...