HTC Extraction Systems HTC Archives - Page 2 of 4

MondayDec 09, 2019 11:19 am

HTC Extraction Systems (TSX.V: HTC) Reports Continued Revenue Growth in Third Quarter Results

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 shape The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan that will house its quality-assurance testing and product-development laboratories as well as its extraction and formulation-processing operations HTC has also recently acquired California-based Kase Farma Inc., an extraction and formulation company in…

FridayDec 06, 2019 1:53 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Finalizes Construction of Two Hemp-Biomass Processing, Storage Facilities

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently completed the construction of two hemp-biomass processing and storage facilities. An article discussing the company reads, “HTC has finalized the construction of its 27,000-square-foot hemp-biomass processing and storage facility, which will be used to store extraction-ready biomass. The company has also completed a 19,000-square-foot facility that will house extraction and formulation processing, quality assurance testing and product development laboratories at its Port Lajord location 17 miles southeast of Regina, Saskatchewan. The facility is going to be on par with the highest performance and quality standards for extraction and refining worldwide.…

WednesdayDec 04, 2019 11:38 am

HTC Extraction Systems (TSX.V: HTC) Acquisition Augments Company’s Output Capability

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 and institutional knowledge considerably. The acquired entity – Kase Farma Inc. of Ceres, California – is currently expanding and upgrading its extraction, refining and processing operations. Kase Farma will enter into an intellectual property licensing agreement with Starling Brands Inc., the vendor. Under this licensing…

WednesdayNov 27, 2019 10:21 am

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Advances Toward Equipment Installation at Hemp-Biomass Extraction Facility

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently completed its 19,000-square-foot facility in Port Lajord and is anticipating the arrival of its initial new extraction equipment in December 2019. An article discussing the company reads, “Installation of the extraction and formulation equipment will mark the next major stage for the company’s strategy of building on hemp biomass tolling contracts on both sides of the U.S.-Canada border to extract CBD full-spectrum oil (‘FSO’) and to keep a percentage of the distillate for future sales and offtake agreements, including sales to the cannabinoid pharmaceutical market. Bought-deal, private-placement financing that closed…

TuesdayNov 26, 2019 12:48 pm

HTC Extraction Systems (TSX.V: HTC) Acquires California-based Kase Farma Inc. and Launches Tolling Contracts as Part of Strategic Initiatives

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 products set to grow at a CAGR of 147 percent, reaching $22 billion by 2022 HTC Extraction Systems (TSX.V: HTC), a hemp-biomass extraction and formulation company, is well positioned to profit from the fast-growing hemp and CBD, CBG and CBN market, in light of recently…

FridayNov 22, 2019 9:52 am

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) to Acquire California-based Kase Farma Inc.

HTC Extraction Systems (TSX.V: HTC) today announced its entry into a November 21, 2019 share and purchase agreement (“SPA”) with Starling Brands Inc., a party at arm's length to HTC. Under the SPA, HTC will acquire all issued and outstanding shares of Kase Farma Inc., a subsidiary of Starling, and upon completion of the acquisition, Kase Farma will be a wholly owned subsidiary of HTC. Authorized to operate in the areas of hemp cultivation, extraction, refining, formulation and distribution in the state of California, Kase Farma continually strives, through best-of-class methods, to deliver health and wellness benefits of CBD, CBG,…

FridayNov 15, 2019 3:17 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Positioned to Capitalize on Market Forecasted to Reach $22 Billion by 2022

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…

FridayNov 15, 2019 12:17 pm

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…

TuesdayNov 05, 2019 1:59 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Advancing Strategy to Become Leading Extraction, Distillation, Refining Operator

HTC Extraction Systems (TSX.V: HTC) is utilizing its ethanol-based distillation experience to establish itself as one of the largest extraction, distillation and refining operators in North America. An article discussing the company reads, “HTC has built a 19,000-square-foot extraction facility in Port Lajord, Saskatchewan, near the metropolitan Regina commerce center. The facility will provide the commissioning for newly installed biomass processing, extraction, distillation and refining equipment, utilizing the corporation’s DeltaSolv(TM) technologies and Delta Purification(R) systems. . . . The facility will also house laboratory quality control and testing operations, as well as onsite administration offices. HTC is also engaged in…

WednesdayOct 30, 2019 12:24 pm

HTC Extraction Systems (TSX.V: HTC) to Expand Operations with $10 Million in New Funding

HTC recently closed a bought deal private placement worth $10 million in funding Demand for hemp biomass continues to grow with the U.S. hemp-derived CBD market expected to reach $22 billion by 2022 HTC’s proprietary biomass processing methodology maximizes extraction and purification of hemp biomass After successfully raising $10 million in a private placement financing of 25 million units of the company, HTC Extraction Systems (TSX.V: HTC) is poised to expand its role in the cannabidiol (CBD) extraction market. HTC plans to use the funds for purchase of extraction, purification and refining equipment, and for general working capital purposes, the…

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