HTC Extraction Systems (TSX.V: HTC) Acquisition Augments Company’s Output Capability
HTC acquires California-based Kase Farma Inc. HTC Extraction Systems announces tolling contracts, project progress and more Hemp-derived CBD market set to grow to $22 billion by 2022 With the acquisition of a company engaged in the extraction, purification and wholesale distribution of hemp-based cannabinoid extracts, HTC Extraction Systems (TSX.V: HTC) has bolstered its output capability and institutional knowledge considerably. The acquired entity – Kase Farma Inc. of Ceres, California – is currently expanding and upgrading its extraction, refining and processing operations. Kase Farma will enter into an intellectual property licensing agreement with Starling Brands Inc., the vendor. Under this licensing…