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

November 15, 2019 15:27:18

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://cnw.fm/SD6oE). 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 effective process than extraction from cannabis. Extraction service providers that are already well established can easily take on new clients, signing supply agreements that last for several years. Hence, this market segment is considered quite promising and crucial for the overall development of the industry.”

To view the full article, visit http://cnw.fm/cSr5n

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://cnw.fm/HTC

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CBDWire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask Our Editor

Denver, Colorado
303.498.7722 Office

CBDWire is part of the InvestorBrandNetwork.