Amid CBD’s Ambivalent Regulatory Outlook, HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Set to Gain from Extraction Services Industry
For some 15 years, HTC Extraction Systems has built an IP that distills and recycles ethanol and ethanol-based solvents, and is now turning its experience to the cannabinoid extract industries’ potential While regulatory federal officials in the United States continue to regard cannabinoid extracts such as cannabidiol (CBD) as potentially unsafe for ingestion, the producers of topicals and oils served by extractors such as HTC Extraction Systems continue to enjoy high-margin possibilities The company is installing new equipment at the California-based and Saskatchewan facilities that will give it the capacity to process up to 12,000 pounds of hemp biomass per…