HTC Extraction Systems (TSX.V: HTC) Hemp Biomass Extraction Facilities Take Shape
HTC Extraction Systems has spent 14 years developing its ethanol and solvent-based distillation expertise and is now dedicating itself to cannabinoid extraction and refining using hemp biomass tolling agreements The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan for hemp biomass processing, extraction, formulation and refining and a 27,000-square-foot hemp biomass processing and storage facility HTC is finalizing interior work to make the extraction facility GMP Euro compliant and expects to begin receiving new extraction equipment at the facility next month The company closed a bought deal agreement last month that will inject $10 million in funding…