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PODA Granted Canadian Patent

Tickers: XCNQ:AAAAA
Tags: #Technology



Vancouver, BC - TheNewswire - February 3, 2020 - PODA TECHNOLOGIES LTD. ("PODA" or the "Company") reports that the patent application filed on March 17, 2017 (the "Filing Date of Application") was granted on January 7, 2020 by the Intellectual Property Office of Canada patent #3,039,570 for PODA's Closed Bottom Heat-Not-Burn invention (the "Invention").

The present patent grants the Company the exclusive right, privilege and liberty of making, constructing and using the Invention in Canada until March 16, 2038.

Ryan Selby, CEO, commented "We have spent years of research and development with regards to our Invention and are very pleased to see that our Invention has been granted a patent in Canada. We have filed for patents in 62 other countries and expect U.S.A and European patents to follow in short order now that we have received the Canadian patent. This will protect our Company for many years ahead as we launch PODA into the global marketplace as the first heat-not-burn system that allows users to experience maintenance-free heating of substrates such as tobacco or dried plant material with zero cross-contamination when switching from one substrate to another."


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On Behalf of the Board,

Ryan Selby

Chief Executive Officer and Director

About PODA

PODA is actively engaged in the development and commercialization of heat-not-burn products, which have the potential to reduce the risks associated with combustible products. In addition to several other intellectual property holdings, the Company has developed an innovative heat-not-burn system that uses proprietary biodegradable single-use pods, which are both consumer and environmentally friendly. PODA's Canadian Patented product and design prevents cross-contamination between the heating device and the pod, eliminating all cleaning requirements and providing users with the most convenient and enjoyable potentially risk-reduced experience. Pod refill options range from dried plant material, tobacco and other dry substrates and can easily be switched during heating sessions to suit any adult consumer's mood.

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