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Precision Extraction Solutions

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Namestring
Precision Extraction Solutions
Websiteurl
precisionextraction.com
Company typeenum
Private
Founded yearint
2015
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersTroy Mills, United States
HQ citystring
Troy Mills
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cannabis extraction equipment, hemp processing equipment, industrial vacuum systems, distillation equipment, laboratory design services
NAICS code2 codes
  • Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables334513
  • Analytical Laboratory Instrument Manufacturing334516
SIC code2 codes
  • Laboratory Analytical Instruments3826
  • Industrial Instruments For Measurement, Display, And Control3823
Product category
Cannabis Extraction Equipment
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Precision Extraction Solutions designs, manufactures, and supplies industrial processing equipment with a focus on cannabis and hemp extraction systems, vacuum systems, distillation equipment, analytical and testing instruments, and laboratory equipment. The company operates an e-commerce platform (MNR Equipment) selling new and pre-owned equipment, components, and consumables to cannabis/hemp processors, industrial facilities, and laboratories across the United States.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

MNR Equipment offers new and pre-owned industrial processing equipment, vacuum systems, and laboratory equipment through an e-commerce platform. The product portfolio includes vacuum systems for material processing, distillation equipment for controlled heating and separation, analytical and testing equipment for measurement and validation, stainless steel components, and various replacement parts for commercial systems. The company also provides consignment services and equipment sourcing assistance for hard-to-find industrial equipment.

Product and service11 records
1Vacuum Systems
CategoryVacuum Systems
Description

Industrial vacuum systems sold through the MNR Equipment e-commerce platform, supporting production facilities and processing operations requiring vacuum technology for cannabis extraction, distillation, and laboratory applications.

2Distillation Equipment
CategoryDistillation Equipment
Description

Distillation equipment for separation and purification of compounds, used in chemical processing, cannabis/hemp extraction, and laboratory operations.

3Analytical & Testing Equipment
CategoryAnalytical & Testing Equipment
Description

Analytical instruments for measurement and testing in production and laboratory settings, supporting quality control and analytical testing operations.

4Stainless Steel Equipment
CategoryStainless Steel Equipment
Description

Stainless steel components and equipment for industrial processing, including tanks, vessels, and corrosion-resistant hardware for manufacturers and processors.

5Vacuum Components
CategoryVacuum Components
Description

Vacuum hardware, pumps, fittings, and accessories for vacuum systems, supporting operators of industrial vacuum systems and processing facilities.

6System Parts
CategorySystem Parts
Description

Replacement parts for commercial-grade systems, including CDU parts and EXP Booth parts, supporting operators of commercial extraction and processing systems.

7Filtration Equipment
CategoryFiltration Equipment
Description

Filtration systems for processing operations, supporting industrial processors requiring separation of solids and liquids in production.

8Temperature & Process Control
CategoryTemperature & Process Control Equipment
Description

Temperature monitoring and process control equipment for industrial processing and laboratory operations requiring precise environmental control.

9Mixers
CategoryIndustrial Mixers
Description

Industrial mixing equipment for blending, homogenization, and mixing in production operations across cannabis, chemical, and food processing industries.

10Pre-owned Industrial Equipment
CategoryUsed Industrial Equipment
Description

Refurbished and used industrial equipment offered for sale, including consignment services, providing cost-conscious buyers access to pre-owned alternatives for industrial processing operations.

11Lab Design Services
CategoryLab Design Services
Description

Lab design and engineering services for cannabis and hemp extraction facilities, providing facility layout, equipment integration, and operational workflow design for new and existing processors.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Apeks Supercritical
TypeDirect peer
Description

Apeks Supercritical is a leading manufacturer of supercritical CO2 extraction systems for the cannabis and hemp industries, offering industrial-scale extraction equipment with direct product overlap to Precision Extraction Solutions' closed-loop extraction systems. They compete head-to-head for the same licensed processor customers and OEM distribution channels.

2Delta Separations
TypeDirect peer
Description

Delta Separations designs and manufactures cannabis and hemp extraction and distillation equipment, including hydrocarbon and ethanol systems, with a similar product breadth to Precision Extraction Solutions. They directly compete for the same operator customers in regulated cannabis markets.

3Capna Systems
TypeDirect peer
Description

Capna Systems manufactures ethanol-based cannabis extraction and distillation equipment, including the ET-Series industrial extractors and scaling systems. The company operates in the same industrial extraction equipment category with comparable target customers and recurring consumables.

4Cascade Sciences
TypeDirect peer
Description

Cascade Sciences manufactures large-scale botanical extraction equipment for the cannabis, hemp, and nutraceutical industries, offering industrial extraction systems with comparable capacity tiers. They target similar licensed processors and contract manufacturers with full-scale equipment packages.

5Pure Pressure
TypeDirect peer
Description

Pure Pressure specializes in solventless cannabis extraction equipment including rosin presses, bubble hash washers, and dry sift systems, serving craft and mid-tier processors. Their solventless focus represents a partial overlap with Precision Extraction Solutions' solventless consumables line and broader extraction ecosystem.

6Lab Society
TypeDirect peer
Description

Lab Society provides cannabis and botanical extraction equipment, post-processing tools, and lab consumables targeted at craft and mid-market processors. They compete on similar turnkey extraction system packages and aftermarket consumables, overlapping with Precision Extraction Solutions' smaller-format product lines.

7Across International
TypeDirect peer
Description

Across International manufactures and distributes industrial processing equipment including vacuum ovens, rotary evaporators, and extraction-related laboratory tools used in cannabis, essential oil, and botanical processing. They share Precision Extraction Solutions' focus on vacuum and distillation hardware for laboratory and production environments.

8Rosin Tech Products
TypeDirect peer
Description

Rosin Tech Products manufactures rosin press equipment and solventless extraction accessories for the cannabis and hemp industries, including DIY and commercial-scale presses. Their product category intersects with Precision Extraction Solutions' solventless and heat/pressure extraction lines, serving overlapping craft and commercial processor customers.

9BVV (Best Value Vacs)
TypeDirect peer
Description

BVV supplies vacuum pumps, closed-loop extraction systems, and ancillary processing equipment for the cannabis extraction industry with a strong online retail presence. They compete directly with the company's vacuum systems, fittings, and pumps product line across similar online and direct sales channels.

10Iwaka Group (GEA Mechanical Equipment)
TypeBroad incumbent
Description

GEA Group supplies large-scale centrifugal separation and extraction equipment used across food, beverage, pharmaceutical, and chemical processing. While not cannabis-specialized, their separation and processing technology underpins industrial extraction at scale, positioning them as a broad incumbent capable of entering cannabis extraction should the category mature.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Precision Extraction Solutions

Cannabis Extraction Equipmentprecisionextraction.com

Precision Extraction Solutions firmographics

Firmographics
Name
Precision Extraction Solutions
Website
https://precisionextraction.com
Company type
Private
Founded year
2015
Headcount range
101–250 employees
Ownership category
akta.pro rank

Where Precision Extraction Solutions is headquartered

Location

Headquarters

HQ city
Troy Mills
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Precision Extraction Solutions business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels1 record

Marketing channels2 records

Precision Extraction Solutions product offering

Product offering

Core offering

Precision Extraction Solutions designs, manufactures, and supplies industrial processing equipment with a focus on cannabis and hemp extraction systems, vacuum systems, distillation equipment, analytical and testing instruments, and laboratory equipment. The company operates an e-commerce platform (MNR Equipment) selling new and pre-owned equipment, components, and consumables to cannabis/hemp processors, industrial facilities, and laboratories across the United States.

Product overview

MNR Equipment offers new and pre-owned industrial processing equipment, vacuum systems, and laboratory equipment through an e-commerce platform. The product portfolio includes vacuum systems for material processing, distillation equipment for controlled heating and separation, analytical and testing equipment for measurement and validation, stainless steel components, and various replacement parts for commercial systems. The company also provides consignment services and equipment sourcing assistance for hard-to-find industrial equipment.

Differentiator

Problem solved

Functional benefit

Products and services

  • Vacuum Systems Industrial vacuum systems sold through the MNR Equipment e-commerce platform, supporting production facilities and processing operations requiring vacuum technology for cannabis extraction, distillation, and laboratory applications.
  • Distillation Equipment Distillation equipment for separation and purification of compounds, used in chemical processing, cannabis/hemp extraction, and laboratory operations.
  • Analytical & Testing Equipment Analytical instruments for measurement and testing in production and laboratory settings, supporting quality control and analytical testing operations.
  • Stainless Steel Equipment Stainless steel components and equipment for industrial processing, including tanks, vessels, and corrosion-resistant hardware for manufacturers and processors.
  • Vacuum Components Vacuum hardware, pumps, fittings, and accessories for vacuum systems, supporting operators of industrial vacuum systems and processing facilities.
  • System Parts Replacement parts for commercial-grade systems, including CDU parts and EXP Booth parts, supporting operators of commercial extraction and processing systems.
  • Filtration Equipment Filtration systems for processing operations, supporting industrial processors requiring separation of solids and liquids in production.
  • Temperature & Process Control Temperature monitoring and process control equipment for industrial processing and laboratory operations requiring precise environmental control.
  • Mixers Industrial mixing equipment for blending, homogenization, and mixing in production operations across cannabis, chemical, and food processing industries.
  • Pre-owned Industrial Equipment Refurbished and used industrial equipment offered for sale, including consignment services, providing cost-conscious buyers access to pre-owned alternatives for industrial processing operations.
  • Lab Design Services Lab design and engineering services for cannabis and hemp extraction facilities, providing facility layout, equipment integration, and operational workflow design for new and existing processors.

Companies that use Precision Extraction Solutions

Customer profile

Segments2 records

Ideal customer profiles2 records

Precision Extraction Solutions technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Precision Extraction Solutions partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Precision Extraction Solutions competitors and assessment

Company assessment

Direct peers

  • Apeks Supercritical: Apeks Supercritical is a leading manufacturer of supercritical CO2 extraction systems for the cannabis and hemp industries, offering industrial-scale extraction equipment with direct product overlap to Precision Extraction Solutions' closed-loop extraction systems. They compete head-to-head for the same licensed processor customers and OEM distribution channels.
  • Delta Separations: Delta Separations designs and manufactures cannabis and hemp extraction and distillation equipment, including hydrocarbon and ethanol systems, with a similar product breadth to Precision Extraction Solutions. They directly compete for the same operator customers in regulated cannabis markets.
  • Capna Systems: Capna Systems manufactures ethanol-based cannabis extraction and distillation equipment, including the ET-Series industrial extractors and scaling systems. The company operates in the same industrial extraction equipment category with comparable target customers and recurring consumables.
  • Cascade Sciences: Cascade Sciences manufactures large-scale botanical extraction equipment for the cannabis, hemp, and nutraceutical industries, offering industrial extraction systems with comparable capacity tiers. They target similar licensed processors and contract manufacturers with full-scale equipment packages.
  • Pure Pressure: Pure Pressure specializes in solventless cannabis extraction equipment including rosin presses, bubble hash washers, and dry sift systems, serving craft and mid-tier processors. Their solventless focus represents a partial overlap with Precision Extraction Solutions' solventless consumables line and broader extraction ecosystem.
  • Lab Society: Lab Society provides cannabis and botanical extraction equipment, post-processing tools, and lab consumables targeted at craft and mid-market processors. They compete on similar turnkey extraction system packages and aftermarket consumables, overlapping with Precision Extraction Solutions' smaller-format product lines.
  • Across International: Across International manufactures and distributes industrial processing equipment including vacuum ovens, rotary evaporators, and extraction-related laboratory tools used in cannabis, essential oil, and botanical processing. They share Precision Extraction Solutions' focus on vacuum and distillation hardware for laboratory and production environments.
  • Rosin Tech Products: Rosin Tech Products manufactures rosin press equipment and solventless extraction accessories for the cannabis and hemp industries, including DIY and commercial-scale presses. Their product category intersects with Precision Extraction Solutions' solventless and heat/pressure extraction lines, serving overlapping craft and commercial processor customers.
  • BVV (Best Value Vacs): BVV supplies vacuum pumps, closed-loop extraction systems, and ancillary processing equipment for the cannabis extraction industry with a strong online retail presence. They compete directly with the company's vacuum systems, fittings, and pumps product line across similar online and direct sales channels.

Broad incumbents

  • Iwaka Group (GEA Mechanical Equipment): GEA Group supplies large-scale centrifugal separation and extraction equipment used across food, beverage, pharmaceutical, and chemical processing. While not cannabis-specialized, their separation and processing technology underpins industrial extraction at scale, positioning them as a broad incumbent capable of entering cannabis extraction should the category mature.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Precision Extraction Solutions social profiles

Digital presence

Precision Extraction Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Precision Extraction Solutions leadership team

Management profile

Number of profiles

Profiles1 record

Precision Extraction Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Precision Extraction Solutions M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Extraction Solutions

What does Precision Extraction Solutions do?

Precision Extraction Solutions designs, manufactures, and supplies industrial processing equipment with a focus on cannabis and hemp extraction systems, vacuum systems, distillation equipment, analytical and testing instruments, and laboratory equipment. The company operates an e-commerce platform (MNR Equipment) selling new and pre-owned equipment, components, and consumables to cannabis/hemp processors, industrial facilities, and laboratories across the United States.

When was Precision Extraction Solutions founded?

Precision Extraction Solutions was founded in 2015. It employs 101 to 250 people.

Where is Precision Extraction Solutions based?

Precision Extraction Solutions is headquartered in Troy Mills, United States, in the North America region.

Who are Precision Extraction Solutions's main competitors?

Direct peers on record are Apeks Supercritical, Delta Separations, Capna Systems, Cascade Sciences, Pure Pressure, Lab Society, Across International, Rosin Tech Products and BVV (Best Value Vacs). Iwaka Group (GEA Mechanical Equipment) is listed as a broad incumbent.

Does Precision Extraction Solutions have an API?

No public API is recorded for Precision Extraction Solutions.

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Live signals
GlobeNewswirePrecision Extraction Solutions by Agrify Releases Diamond MinerAgrify released the Diamond Miner, a solvent extraction product for THC-A crystallization, under its Precision Extraction Solutions brand. The 1.3-liter unit features a liquid jacketed vessel, 304 stainless steel, and a 350 PSI pressure rating, with PSI certification for all 50 states and DC.SecSEC FORM DAgrify Corp filed a Form D with the SEC announcing an exempt securities offering in connection with its merger and acquisition of Sinclair Scientific, LLC and Precision Extraction Solutions. The company disclosed a total offering amount of $26 million, with $17 million already sold to nine investors as of October 1, 2021.PR NewswireBurns & Levinson Represents Agrify Corp. in $50 Million Acquisition of Precision Extraction Solutions and Cascade SciencesAgrify Corporation completed the $50 million acquisition of Precision Extraction Solutions and Cascade Sciences from Sinclair Scientific on October 4, 2021. The transaction involves $30 million in cash and $20 million in Agrify common stock, with a potential total value increase to $65 million based on future performance. This move expands Agrify's operations into the cannabis extraction and post-processing supply chain, granting it a physical presence in seven states.GlobeNewswireAgrify Acquires Precision Extraction Solutions and Cascade Sciences, Two of the Leading Cannabis and Hemp Extraction, Post-Processing, and Testing Equipment and Services CompaniesAgrify Corporation announced the acquisition of Precision Extraction Solutions and Cascade Sciences from Sinclair Scientific for a base price of $50 million to expand into the cannabis and hemp extraction market. The transaction is expected to nearly double Agrify's 2021 revenue, adding approximately $40 million in new sales and providing immediate accretion to gross profit and EBITDA. This move establishes Agrify as a vertically integrated provider with a physical presence in seven U.S. states.PR NewswirePrecision Extraction Solutions and Cascade Sciences Sign Definitive Merger Agreement to Form Sinclair ScientificPrecision Extraction Solutions and Cascade Sciences announced a merger agreement to form Sinclair Scientific, creating the largest global cannabis and hemp extraction technology company. The new entity will have estimated gross revenues exceeding $100 million and will operate across multiple U.S. states with an extensive product portfolio.PR NewswirePrecision Extraction Solutions Announces Exclusive Partnership with Biologics Modular to Create Turn-Key Modular Extraction PodsPrecision Extraction Solutions, a cannabis and hemp extraction technology company, announced an exclusive partnership with Biologics Modular to create prefabricated turn-key modular extraction pods for the cannabis industry. The C1D1-capable pods, available in 20' or 40' sizes, can be operational within four to six weeks compared to the six to twelve months required for traditional extraction facility construction, significantly reducing capital costs and timelines. The partnership addresses the cannabis industry's rapid growth and newly-legalized recreational markets by enabling companies to expand into new states with less capital investment and faster market entry.PR NewswirePrecision Extraction Solutions Introduces the Industry Revolutionizing XMU Hydrocarbon ExtractorPrecision Extraction Solutions released the XMU hydrocarbon extractor, a new extraction platform designed for cannabis and hemp processing that the company claims is the most powerful and efficient on the market. The XMU can work with different solvents, reach extreme temperatures, and produce diverse high-quality extracts while occupying a smaller footprint and operating 2-3 times more efficiently than comparable extractors. The company states the product represents nearly a decade of research and development, is manufactured entirely in the U.S., and meets GMP and 3A sanitary standards.PR NewswirePrecision Extraction Solutions Becomes First and Only Cannabis Extraction Equipment OEM to Achieve Compliance in All 50 StatesPrecision Extraction Solutions announced a strategic partnership with Pressure Safety Inspectors (PSI) to launch a safety and certification program for cannabis extraction equipment, making Precision the first and only cannabis extraction equipment OEM to achieve compliance across all 50 U.S. states and the District of Columbia. The partnership provides Technical Report certification meeting 2018 IFC and NFPA 1 Fire Code standards, along with a Field Verification Voucher to streamline local site inspections. TerrAscend North East is cited as a customer benefiting from faster operational timelines and improved ROI on equipment investments.BenzingaPrecision Extraction Solutions Is On The Hunt For CapitalPrecision Extraction Solutions, a Troy, Michigan-based marijuana and hemp extraction equipment provider, is actively seeking at least $10 million in Series B venture capital funding. Founder and CTO Nick Tennant stated the company is "levering up" and doubling down on the cannabis industry, expanding resources while growing its client base. The company is in conversations with potential investors but has not disclosed its current valuation.PR NewswirePrecision Extraction Solutions Expands Its Turn-Key Cannabis Extraction Line-upPrecision Extraction Solutions released the C-15E, a new centrifuge extractor designed for small to mid-scale cannabis and hemp extraction operations. The C-15E can process up to 15 pounds of material per run every 10-20 minutes and was developed through an exclusive partnership with Western States Machine Company, which brings over 100 years of centrifuge manufacturing experience. The product expands Precision's turn-key extraction solutions portfolio as a complete system including tanks and pumps.