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Hempstract, Inc.: Hempstract Inc. Completes Financial Forecasts for Tolling Agreements.
SEATTLE, WA / ACCESSWIRE / April 22, 2021 / Hempstract Inc. (OTC PINK:HPST, the Company ), announced today the completion of financial forecasts relating to its January 2021 tolling agreements. In collaboration with an affiliated large scale extractor, the company completed the extraction of 36,821 pounds of raw hemp resulting in 4,050 pounds of product. With this extraction, the Company s products will include: CBD tinctures, concentrated CBD pills, as well as extracted materials and other goods. The Company is forecasting vertical revenues relating to tolling agreements at $15,624,050.
In an effort to improve speed and processing of the production line, Hempstract has also retained Dr. Travis Denton to assist in rapid dosing techniques. Dr. Denton is an Assistant Professor in the Department of Pharmaceutical Sciences in the College of Pharmacy and Pharmaceutical Sciences at WSU Health Science
Press release content from Accesswire. The AP news staff was not involved in its creation.
Hempstract Inc. Completes Financial Forecasts for Tolling Agreements.
April 22, 2021 GMT
SEATTLE, WA / ACCESSWIRE / April 22, 2021 / Hempstract Inc. (OTC PINK:HPST, the “Company”), announced today the completion of financial forecasts relating to its January 2021 tolling agreements. In collaboration with an affiliated large scale extractor, the company completed the extraction of 36,821 pounds of raw hemp resulting in 4,050 pounds of product. With this extraction, the Company’s products will include: CBD tinctures, concentrated CBD pills, as well as extracted materials and other goods. The Company is forecasting vertical revenues relating to tolling agreements at $15,624,050.