- Hemp biomass production is anticipated to continue to increase due to legislative changes and the growing demand for CBD products
- At the same time, the industry is experiencing an extraction bottleneck due to the limited industry capacity for efficient biomass processing
- With its proprietary hemp biomass extraction technology that reduces operating costs while delivering superior results, HTC Extraction Systems is uniquely positioned to take advantage of upcoming market opportunities
Legislative changes and a rapidly increasing demand for CBD products paint a highly optimistic picture for hemp biomass production and extraction companies. Currently, the demand for hemp biomass is exceptionally high, and it is anticipated to remain at such levels through the end of 2019 and into the year to come, reports suggest (http://cnw.fm/HrZU9).
The trend started with the passage of the Federal Farm Bill at the end of 2018. This new regulatory framework enabled the legal growth of hemp and also boosted interest in products derived from hemp biomass. In 2018, industrial hemp cultivation started growing exponentially…
NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC
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