Company Description
CryoMass Technologies Inc. (OTCQB: CRYM) is a technology company that develops, manufactures and licenses specialized cryogenic equipment and processes for refining harvested cannabis, hemp and other trichome-rich or high-value plant material. The company focuses on biomass reduction and trichome separation, using patented methods that harness liquid nitrogen to isolate and preserve resin glands containing cannabinoids, terpenes and other valuable compounds.
According to company disclosures, CryoMass has designed a full-scale, user-ready cryogenic system that captures the high-value elements of hemp and cannabis plants. The system uses ultra-cold liquid nitrogen to separate delicate trichomes from biomass while aiming to minimize loss of active compounds. The company reports that conventional methods of capturing cannabinoids can be costly and typically involve extensive handling and controlled drying, with significant loss of trichomes, whereas its process is intended to reduce steps and bottlenecks associated with existing practices.
Core technology and CryoSift Separator™
A central element of the CryoMass offering is its patented CryoSift Separator™, described as a trichome separation unit engineered through years of research, development and beta testing. The system combines biomass freezing and milling, then separates and refines trichomes into a concentrated material referred to as CryoSift™. The company states that this concentrate is analogous to refined ingredients like sugar or flour when compared to unprocessed biomass.
CryoMass reports that its technology can dramatically reduce biomass volume, which can lower storage, handling and transportation requirements for cultivators and processors. Properly stored CryoSift™ is described as helping to prevent potency and terpene degradation, preserving the value of harvested material over time. For processors, the reduced input volume is intended to support cost savings and logistics advantages when producing solvent-based or solventless extracts.
Business model and licensing approach
CryoMass generates revenue by selling equipment units, entering into equipment lease arrangements and licensing its patented processes. The company has disclosed multi-party equipment lease and non-exclusive patent license agreements in markets such as California, Oklahoma and Canada, as well as a multi-state license agreement in the United States. Under these arrangements, CryoMass may receive one-time revenue from unit sales and recurring revenue streams from processing fees or royalties based on biomass volume or product revenues over the term of the agreements.
The company has also described a non-dilutive financing structure under which affiliated entities may purchase CryoSift Separator™ units and lease them to cultivators and processors approved by CryoMass. In such structures, CryoMass identifies and approves clients and receives recurring revenue from processing fees charged to those clients. The company indicates that this approach is intended to support broader deployment of its technology while addressing capital constraints faced by many cannabis and hemp operators.
Applications in cannabis and hemp processing
CryoMass positions its technology as a refinement and processing solution for trichome-rich crops, particularly cannabis and hemp. The company reports that its cryogenic process is optimized for the rapid capture of fully intact trichomes and terpenes, with the goal of preserving the active compounds present at harvest. The resulting CryoSift™ can be warehoused for extended periods or used as input material for solvent-based extraction systems and solventless extract production.
In company communications, CryoMass notes that its process can reduce the number of steps in pre- and post-extraction workflows, which it associates with potential efficiencies and cost savings for processors. The company has also highlighted initial observations from beta testing that relate to extract quality, including terpene content and aroma, when compared with extracts produced from whole-flower biomass using traditional methods.
Research, development and beta validation
CryoMass describes a multi-year development path for its cryogenic refinement systems, including extensive research and development, prototype construction and industrial-scale beta testing. The company reports that it has conducted real-time trials of a full-scale, user-ready model of its system, focusing on throughput rates, capture rates of cannabinoid-bearing trichomes, liquid nitrogen consumption, equipment durability and data collection for efficiency and cost analysis.
During beta testing, CryoMass worked with licensed processing partners to validate performance, refine operating procedures and establish standard operating procedures for processing CryoSift™ in different extraction environments. The company has indicated that thorough beta testing was a priority to support the development of a commercially viable product and to inform the design of serialized production units.
Intellectual property and patents
The company emphasizes its intellectual property portfolio as a key asset. CryoMass reports that it owns patented technology related to cryogenic separation of plant material, including process patents granted by the United States Patent and Trademark Office, the State Intellectual Property Office of the People’s Republic of China and the Canadian Intellectual Property Office. The Canadian patent is described as covering a system and method for cryogenic separation of plant material and is expected to remain valid until 2039, while the U.S. and China process patents are expected to remain valid until 2038.
CryoMass states that it continues to pursue patent protection in additional jurisdictions, including the European Union, and views long-term patent coverage in major agricultural and cannabis markets as an important component of its commercialization strategy. The company has also referenced the acquisition of intellectual property from CryoCann USA Corp. as part of the development of its current technology platform.
Market focus and partnerships
Company announcements highlight partnerships with cannabis and hemp operators in regions such as California, Oklahoma and Canada. These collaborations typically involve the deployment of CryoSift Separator™ units and licensing of CryoMass’s patented process to established cultivators, processors or vertically integrated cannabis companies. The company has described these partners as having significant cultivation, processing or manufacturing capabilities and as being well positioned to integrate CryoMass technology into their operations.
CryoMass has also indicated that it has received inquiries from multiple countries and U.S. states and is engaged in discussions with prospective partners. In its communications, the company notes that it is selectively vetting partners and focusing on relationships with operators that can support controlled growth and effective deployment of its systems.
Sector classification and trading venue
Within equity classification frameworks, CryoMass Technologies Inc. is associated with the Healthcare sector and the Drug Manufacturers – Specialty & Generic industry. The company’s common stock trades on the OTCQB market under the ticker symbol CRYM. Company communications frequently note that its technology is intended to serve the cannabis and hemp industries and may have potential applications in other agricultural or botanical markets that handle high-value plant materials.
Risk and regulatory considerations
In its public statements, CryoMass draws attention to the regulatory environment surrounding cannabis operations in the United States. The company notes that marijuana remains a Schedule I drug under the U.S. Controlled Substances Act and that federal law continues to restrict cultivation, distribution and possession of cannabis. It also highlights that financial transactions involving proceeds from cannabis-related business activities in the U.S. may be subject to federal money laundering legislation. CryoMass directs investors to review its SEC filings for risk factors related to these issues.
Because of these regulatory constraints, the company has observed that access to traditional capital can be limited for many cannabis operators, which has influenced its use of non-dilutive financing structures and equipment leasing models to support deployment of its technology.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Cryomass Technologies.
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Cryomass Technologies (CRYM) currently stands at 3.6 thousand shares, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 87.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Cryomass Technologies (CRYM) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1000.0 days.