HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Positioned for Soaring Profit on North American CBD Market

December 11, 2019 12:49:05
  • HTC has completed a 19,000-square-foot tolling facility near Regina, Saskatchewan that will house extraction and are awaiting GMP Euro compliance
  • Company closed a $10 million private placement of 25 million units to fund expansion operations
  • U.S. sales of hemp-based CBD products to peak at t $22 billion in two years, projected CAGR of 147 percent

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp biomass cultivation, extraction, formulation and refining entity, is positioned for a truly soaring bottom line driven by major investments and acquisitions in the fast-growing cannabidiol (CBD) and cannabinoid market. The company recently closed a private placement with gross proceeds of $10 million to finance 25 million units of the company ( – proceeds used to fund growth plans.

To this end, HTC recently acquired California-based Kase Farma Inc., ( which aims to provide users the health and wellness benefits of CBD, cannabigerol (CBG), cannabinol (CBN) and other cannabinoids by producing high-quality, premium hemp goods using best of class methods and maintaining a…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at

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

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

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.