HTC Extraction Systems (TSX.V: HTC) Reports Increasing Revenues as it Builds CBD FSO Distillate Operation

HTC Extraction Systems recently reported unaudited interim condensed consolidated financial results that showed revenue gains of nearly $1.3 million for the first six months of the year The company is building an operation that it expects, upon receipt of all required approvals and licensing, to process five million kilograms of hemp biomass from this year’s crop to extract cannabidiol full-spectrum oil distillate HTC is in the process of seating a six-acre campus with a 19,000-square-foot extraction facility near Regina, Saskatchewan, and it recently reported, subject to closing, an influx of some $15 million in gross proceeds from a common share bought deal

HTC Extraction Systems (TSX.V: HTC) recorded an increase in same-period year-over-year revenues from operations during the first six months of 2019, rising from $560,260 to $1.85 million, according to unaudited interim condensed consolidated financial results announced recently (http://cnw.fm/t2btS).

HTC and its subsidiaries are dedicated to developing their proprietary extraction and purification systems for removing cannabidiol full-spectrum oil (CBD FSO) distillate from acquired hemp biomass and…

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