HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a
hemp-biomass processing entity, recently announced financial results for third
quarter that showed a year-over-year (“YoY”) revenue increase of over 2.5
times. An article discussing the company reads, “HTC’s revenues grew from $1.3
million at the September close of the quarter in 2018 to $3.3 million at the
quarter’s end this year, according to the report (http://ibn.fm/t3O4a). . . . The revenue gains continue to
reflect growth in the company’s agri-infrastructure operation, but HTC
anticipates significant new potential in the explosive growth of cannabinoid-related
industries and is building hemp-biomass tolling contracts and extraction
facilities to process harvested plants for the cannabidiol (CBD) food and
pharmaceutical markets.
To view the full article, visit http://ibn.fm/HVUCW
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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