Hemp biomass cultivation, extraction, formulation and refining
entity HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) is
slated for market growth through 2020 as the U.S. hemp-based, CBD-products
market continues to flourish. A recent article discussing the company reads,
“Overall, HTC Extraction Systems has a highly optimistic outlook when it comes
to its extraction market expansion, where it is already a key player. The
company expects a wealth of opportunities for growth in the near future, given
the rapid expansion of the cannabinoid market as a whole. U.S. sales of
hemp-based CBD products are projected to reach $22 billion by 2022, up from
$591 million in 2018 (http://ibn.fm/ZoHf8).
CBD derivatives such as vapes and edibles are expected to generate $900 million
in 2020 (http://ibn.fm/8vNSg).
Canada legalized limited forms of recreational cannabis for adult users in the
fall of 2018. Sales of these increasingly popular products demonstrate
sustainable growth, which will reflect on HTC’s bottom line.”
To view the full article, visit http://ibn.fm/mtq78
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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