HTC has completed a 19,000-square-foot tolling facility near Regina, Saskatchewan that will house extraction and are awaiting GMP Euro compliance Company closed a $10 million private placement of 25 million units to fund expansion operations U.S. sales of hemp-based CBD products to peak at t $22 billion in two years, projected CAGR of 147 percent … Continue reading “HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Positioned for Soaring Profit on North American CBD Market”
HTC Extraction Systems is turning its distillation technology prowess toward hemp biomass refining for the cannabidiol (CBD) product market The company recently reported third quarter financial results showing a year-over-year revenue increase of more than 2.5 times largely due to agri-infrastructure operations, but expects to see new and greater growth as its CBD production takes … Continue reading “HTC Extraction Systems (TSX.V: HTC) Reports Continued Revenue Growth in Third Quarter Results”
HTC acquires California-based Kase Farma Inc. HTC Extraction Systems announces tolling contracts, project progress and more Hemp-derived CBD market set to grow to $22 billion by 2022 With the acquisition of a company engaged in the extraction, purification and wholesale distribution of hemp-based cannabinoid extracts, HTC Extraction Systems (TSX.V: HTC) has bolstered its output capability … Continue reading “HTC Extraction Systems (TSX.V: HTC) Acquisition Augments Company’s Output Capability”
HTC acquires California hemp-based extraction, formulation and refining operation of Kase Farma and completes tolling contracts HTC has finalized construction of two new hemp biomass processing and storage facilities, with extraction equipment set to arrive in December 2019 Canada’s cannabis industry will total $3.7 billion by the end of 2020 U.S. sales of hemp-based CBD … Continue reading “HTC Extraction Systems (TSX.V: HTC) Acquires California-based Kase Farma Inc. and Launches Tolling Contracts as Part of Strategic Initiatives”
HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, today announced that it has closed its bought deal private placement resulting in gross proceeds of $10 million. In addition, the company reported the completion of its 19,000-square-foot facility that will house quality assurance testing and product development laboratories and extraction and formulation processing. The facility … Continue reading “CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Provides Recent Activities Update”
HTC Extraction Systems (TSX.V: HTC) today announced the closing of its previously announced private placement financing of 25,000,000 units of the company, each at a price of $0.40. The offering resulted in gross proceeds of $10 million to the company, from which it intends to use net proceeds for the purchase of extraction, purification and … Continue reading “CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Closes Bought Deal Private Placement”
HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its “bought deal” brokered private placement initially announced on July 3, 2019 and amended on September 27, 2019. According to the update, the repricing of the private placement more accurately reflects the current market price of the company’s common shares. Under the terms of … Continue reading “CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Announces Repricing of “Bought Deal” Brokered Private Placement”
HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its “bought deal” brokered private placement that was originally announced on July 3, 2019 to reflect the current market price of the company’s common shares. Per the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter on behalf … Continue reading “CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Reprices Private Placement”
Although they are a relatively new concept, marijuana consumption lounges are probably the most controversial aspect of the entire cannabis reform movement. The idea is to provide public rooms where customers can consume cannabis without running afoul of state cannabis laws. While more than a dozen states have now legalized recreational cannabis consumption, they have … Continue reading “420 with CNW — Las Vegas Awaits Launch of Marijuana Consumption Lounges”
BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced the shipment of its award-winning Keef Brands cannabis-infused beverages to the Ontario Cannabis Store (“OCS”). According to the update, the Keef products will be available in Ontario retail locations across the province and online … Continue reading “CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Launches Keef Beverages in Ontario Through the OCS”
