As the CBD market continues to swell, HTC
Extraction Systems (TSX.V: HTC) has strategically positioned itself
for success with its proprietary extraction technology. An article discussing
the company reads, “The U.S. CBD market alone will soar from $591 million in
2018 to a massive $22 billion by 2022, growing at a CAGR of 147% (http://ibn.fm/Ud2ai). According
to reports, this exponential growth will provide excellent opportunities for
CBD extraction companies — a player that isn’t spoken of as often as other
industry entities are. . . . Handling the extraction of CBD from hemp biomass
is much cheaper and a more effective process than extraction from cannabis.
Extraction service providers that are already well established can easily take
on new clients, signing supply agreements that last for several years. Hence,
this market segment is considered quite promising and crucial for the overall
development of the industry.”
To view the full article, visit http://ibn.fm/2itHQ
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.
NOTE TO INVESTORS: The latest news and updates
relating to HTC are available in the company’s newsroom at http://ibn.fm/HTC
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