- U.S. sales of hemp-based CBD products to reach $22 billion by 2022
- HTC Extraction Systems recently closed $10 million bought deal private placement of units to fund expansion operations
- Company has developed a 19,000-square-foot GMP Euro compliant extraction tolling facility near Regina, Saskatchewan
- Patented technology is designed to reduce CBD waste during extraction process
HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) is feeling positive about 2020 based on its unique “local to grower” drying-to-biomass storage capability and transportation of dried biomass to its extraction facilities. In addition, HTC’s patented Delta Purification™ technology recycles, reuses, and purifies the extraction ethanol used in the cannabidiol (CBD) extraction process, being designed to optimally manage and reduce any CBD waste losses by re-extracting all wastes the purified ethanol yields.
A hemp biomass cultivation, extraction, formulation and refining entity, HTC is a force to be reckoned with in the CBD extraction market, as U.S. sales of hemp-based CBD products are projected to reach $22 billion by 2022, up from…
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