HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) is a hemp-biomass cultivation, extraction, formulation and refining entity that utilizes its trademarked Delta Reclaiming System technologies to limit CBD waste. A recent article discussing the company reads, “HTC Extraction Systems’ working relationships with other cannabinoid industry players further shore up its revenues possibilities. Most recently, the Canadian company closed its acquisition of a California-based company in the United States. The recently acquired Kase Farma Inc. is authorized to work with hemp cultivation, extraction, refining, formulation and business operations in the world’s largest cannabinoid market (http://cnw.fm/vl8KO), and HTC Extraction will reap the experience of Kase Farma’s former owner, Starling Brands Inc., which remains involved through a management-services agreement for navigating the business and regulatory climates in California. . . . New equipment that will enable Kase Farma to process and distill up to 12,000 pounds a day of dried hemp-biomass that, at an 8% CBD yield, will give over 400,000 grams daily of CBD and a sizable profile during the upcoming cultivation season. New equipment HTC Extraction Systems is installing at its Saskatchewan facilities will similarly allow the company to receive a projected 2 million kg of hemp biomass for extracting CBD full-spectrum oil (‘FSO’) distillate north of the border under a tolling strategy coordinated with highly recognized area farmers.”
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About HTC Extraction Systems
HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.
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