HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, is establishing its position in the thriving cannabinoid market with its trademarked Delta Reclaiming System. The system reclaims ethanol and hydrocarbon-based solvents, among others, for use in hemp-biomass, cannabinoid extraction processes. A recent article discussing the company reads, “HTC’s clean-energy approach gives the company a measure of additional gravitas in a booming industry defined by rapidly shifting public perspectives that have driven communities and states to battle long-established federal drug-industry regulations that many people now regard as onerous. . . . Cannabinoid users are already reporting the benefits of nonpsychoactive cannabinoids in dealing with pain, nerve, muscle disorders and other health issues at the same time that natural product alternatives to the prescription drug market were gaining a strong foothold in the consumer wellness marketplace. Natural-products ,industry-market researchers at data-technology company SPINs reported recently that CBD sales grew 342% year-over-year between August 2018 and August 2019, reaching $185.1 million in revenue — well above the $9.1 million level reported two years ago (http://nnw.fm/7opPD).”
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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.
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