(TheNewswire)
November 19, 2020 - TheNewswire - Regina, Saskatchewan - HTC ExtractionSystems (" HTC ")(TSXV:HTC) (OTC:HTPRF) announces their Canadianretail and wholesale product branding and market introductionstrategy. The production of the Kase One product line up is alreadyunderway at HTC's, Kase Farma Inc. (" Kase "),California location and HTC expects to begin extraction, refining andpackaging at their facility in Regina, Saskatchewan within theupcoming months, subject to Health Canada licensing.
Upon completion of licensing through Health Canada, atthe Regina facility, HTC will begin production for the wholesale andretail markets and launch its first CBD product , Kase One ; based on the theme "One Life; OnePlant" . Kase One was successfully launched in the US market in July 2020 byKase, HTC's wholly owned subsidiary. The Kase One product was developed and formulated by the experiencedindustry acclaimed Kase team of formulators in Ceres,California.
KaseOne is formulated with outdoor grown, superiorhemp, sourced from HTC's IPGrowers TM . HTC pridesitself in providing their customers with full transparency as to theIP (" IdentityPreserved ") plant origin of its productsand the integrity, science, and full transparency in the extractionand formulation of Kase One ; bringingaccountability and verified quality to the cannabinoidindustry.
This will complete HTC's business strategy offormulating and extracting cannabinoids in the Canada and the UnitedStates; through the introduction of the Kase One product for its private brand; while utilizing the same KaseOne formulations for its white label productdistribution; and in so doing, solidifying its strong future in thecannabinoid industry.
About HTC
HTC Extraction Systems and its' wholly owned subsidiaries, KF HempCorp. and Kase Farma, are hemp production and processing companiesthat captures the Tri-Crop benefits of Industrial Hemp, which includehemp seed protein and hemp seed oil, bio-fibre ingredient processing,and cannabinoid extraction and formulation. HTC is an owner ofpatented proprietary technologies designed for the extraction ofbiomass, gas, and liquids, as well as the distillation andpurification of ethanol and ethanol-based solvents used in extraction.( https://htcextraction.com/ )
About Kase
California-based, Kase Farma is a hemp-based cannabinoid extraction,refining and formulation company. Kase Farma's product, Kase One ,delivers health and wellness benefits of CBD, CBG, CBN and othercannabinoids to customers across the United States, via the productionof high-quality, premium hemp products, through highest qualityextraction, refining and formulation, while sustaining an unrelentingcommitment to people, community and the environment. ( https://kasefarma.com/ )
NEITHER THE TSXVENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM ISDEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.
For moreinformation contact:
Michelle Westerman
HTC Extraction Systems
Tel: 306-596-9926
E-mail: mcwesterman@htcenergy.com
HTC Purenergy corporate developments can be followed on www.htcextraction.com and is traded under the symbol HTC
This press release contains"forward-looking statements" or "forward-lookinginformation" (collectively referred to herein as"forward-looking statements") within the meaning ofapplicable securities legislation. Such forward-looking statementsinclude, without limitation, forecasts, estimates, expectations, andobjectives for future operations that are subject to severalassumptions, risks, and uncertainties, many of which are beyond thecontrol of HTC. Forward-looking statements are statements that are nothistorical facts and are generally, but not always, identified by thewords "expects", "plans", "anticipates","believes", "intends", "estimates","projects", "potential" and similar expressions,or that events or conditions "will", "would","may", "could" or "should" occur or be achieved. Thispress release contains forward-looking statements pertaining to, amongother things, the assumptionthat licensing requirements will be met, required licenses will beobtained, crops will yield viable amounts of hemp for CBD oilextraction, that the Kase One product line will be produced andlaunched in the wholesale and retail markets.
Forward-looking information is basedon current expectations, estimates and projections that involve anumber of risks, which could cause actual results to vary and in someinstances to differ materially from those anticipated by HTC anddescribed in the forward-looking information contained in this pressrelease.
Although HTC believes that thematerial factors, expectations and assumptions expressed in suchforward-looking statements are reasonable based on informationavailable to it on the date such statements were made, no assurancescan be given as to future results, levels of activity and achievementsand such statements are not guarantees of future performance.
HTC Purenergy Inc. (OTCQB:HTPRF)trades on the OTCQB Venture Market for early stage and developing U.S.and international companies. Companies are current in their reportingand undergo an annual verification and management certificationprocess. Investors can find Real-Time quotes and market informationfor the company on www.otcmarkets.com. (links to:http://www.otcmarkets.com/stock/htprf/quote
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