HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) today announced that HTC’s patented extraction technology has been selected to supply extracted CO2 for the prestigious $20 million NRG COSIA Carbon Xprize competition. According to the update, the four-and-a-half-year global Xprize competition challenges teams to transform the way the world addresses carbon dioxide (“CO2”) emissions through breakthrough circular carbon technologies that convert carbon dioxide emissions from power plants into valuable products. Ten teams from five countries were selected to advance to finals after passing a first-round evaluation based on the amount of CO2 converted into products, as well as the economic value, market size and CO2 uptake potential of those products. In the finals, teams must demonstrate at a scale that is at least 10 times greater than the semifinals requirements at one of two purpose-built industrial test sites. HTC has been selected to provide the extracted CO2 for the Alberta Carbon Conversion Technology Centre (“ACCTC”), test facility, and has custom designed the HTC CO2 Extraction plant to provide the required CO2 as well as the flexibility for future CO2 extraction testing requirements. The plant is being engineered and fabricated with HTC partner ASCO CO2, with expected delivery of the CO2 Extraction Plant by April 2020.

To view the full press release, visit http://cnw.fm/Z8MHi

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
Editor@CanadianCannabisWire.com

The new recreational marijuana market in Chicago is still facing some challenges. However, the challenge of being restricted from consuming pot in accomodations that fall within the ambit of the Chiacgo Housing Authority is being addressed in light of the state law allowing recreational marijuana.

Marijuana consumers can now buy marijuana and smoke it at home. Previously, people living in subsidized housing facilities governed by federal law couldn’t smoke marijuana in their homes because as per federal law, cannabis is illegal.

Last year, sixty-three thousand households received warning letters for possible evictions for families found violating federal marijuana laws.

However, the Chicago Housing Authority board of commissioners passed a revised policy protecting people residing in subsidized housing. This was after the Chicago Mayor Lori Lightfoot pressured the CHA to implement a less heavy-handed approach.

According to the updated policy, each marijuana complaint would lead to a “consideration of relevant facts on a case-by-case basis.”

The updated policy also provides that the Chicago Housing Authority officials would work with people living in subsidized housing, participants, federal housing applicants, and landlords to make sure that they have the necessary information and guidance on how to exercise their rights under the local law without violating the federal law, which would lead to eviction.

Enlighten is a company that helps to provide the public as well as marijuana consumers with education about marijuana, and Jeremy Jacobs is its CEO.

Jacobs said that it is vital for the residents, as well as the applicants to note that when they are making their choices, they should make sure of the right they want to have, whether it is their state-protected rights or federal rights? For instance, some people live in subsidized housing but are medical marijuana consumers, and the federal regulators are responsible for controlling national housing.

You cannot be evicted from federal housing for possessing medical marijuana cards, and if you are a medical cannabis user, you can avoid being evicted by using marijuana offsite, maybe at a friend’s or a relative’s house. And, if you live in areas where recreational marijuana is legal, you can go to consumption lounges or vape bars.

Several people have been evicted from federal housing due to medical marijuana consumption. For instance, last year, a 78-year-old resident of Niagara Towers apartment, John Flickner, was ejected from his house for using a vaporizer to manage chronic pain. Another couple from Agawam, Massachusetts, Francine and Timothy Weinandy were evicted for smoking weed on their patio. Timothy is disabled while his wife suffers from cerebral white matter brain disease, which is a progressive disease that affects brain nerves.

Such examples illustrate the risks associated with staying in subsidized housing. However, experts think that the decision made by the Chicago Housing Authority to ease the restrictions on marijuana use will be welcomed by the entire cannabis industry, including players like HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF).

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, this morning announced the closing of its previously announced share and purchase agreement (“SPA”) with Starling Brands, Inc., a party at arm’s length to HTC, pursuant to which HTC purchased all the issued and outstanding shares of Kase Farma Inc. Kase Farma, which is authorized to operate in the areas of hemp cultivation, extraction, refining and formulation in the State of California, is now a wholly owned subsidiary of HTC. In accordance with the agreement, the company retains the management services of Starling, led by highly regarded experts in the cannabinoid extraction, formulation and refining industry, CEO Mike Reynolds and chief science officer Drew Ford. “On behalf of Starling, we are extremely excited to integrate our experience, know-how and pedigree with HTC’s technologies and pedigree, to further the vision and execution as global leaders in the science and production of the highest quality cannabinoid extractions and formulations. The benefits of our products will be provided to the global community consistent with the irreversible momentum of changing perceptions and acceptance of the planet’s most useful and beneficial plant,” Starling Brands CEO Mike Reynolds stated in the news release.

As part of the transaction, Kase Farma has entered into an intellectual property licensing agreement with Starling. This agreement allows for a technology transfer in which intellectual property and technology licensed under this agreement will be used and deployed in HTC’s Canadian facility. Total consideration payable to Starling pursuant to the Transaction is US$900,000 in cash and the issuance of 8,000,000 units of HTC and 2,000,000 bonus units of HTC. Each unit is comprised of one common share and one half of one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of C$0.70 for a period of 36 months from the completion of the transaction. Each bonus unit is comprised of one common share and one half of one common share bonus purchase warrant of HTC. Each bonus warrant shall be exercisable to acquire one common share at a price of C$1.00 for a period of 36 months from the completion of the transaction. The units and bonus units (collectively, the “compensation units”) are subject to legends restricting their transfer and which will provide that: (i) one-third of the compensation units shall become freely tradeable 12 months after the completion of the transaction; (ii) one-third of the compensation units shall become freely tradeable 18 months after the completion of the transaction; and (iii) one-third of the compensation units shall become freely tradeable 24 months after the completion of the transaction. In addition, HTC will be paying compensation to Hillcrest Merchant Partners Inc., an arm’s length party, in the form of units, for the development, negotiation and finalization of the ancillary agreements to the SPA. All common shares issued pursuant to the transaction and as compensation, are subject to a hold period under applicable securities law until May 29, 2020.

To view the full press release, visit http://cnw.fm/O5L5b

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.HempWireNews.com

Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer

Do you have a questions or are you interested in working with HWN? Ask our Editor

HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
Editor@HempWire.net

HempWireNews is part of the InvestorBrandNetwork.

One hundred and ninety-two dispensaries were issued with permits by the state of Missouri, allowing them to sell medical marijuana to patients. Of the 192 dispensaries, eight are located in Springfield City.

Missouri has eight Congressional districts, and each of them was issued with 24 licenses by the state Department of Health and Senior Services. The department indicated that the recipients of the permits met the requirements of the program and that they scored the highest during the evaluation of the license applicants. There were more than 1,200 applications for dispensary licenses within the state.

Medical marijuana was legalized in Missouri in 2018, but since cannabis must be grown at farms that have been tested and approved in the state, marijuana sales are expected to start this summer.

The Kansas City Star reported that as of Tuesday of last week, the health department had approved medical marijuana identification cards to 29,457 patients, and 820 caregivers.

The patients are allowed to apply for medical marijuana cards once they receive certification from their physician. The list of qualifying conditions includes cancer, epilepsy, glaucoma, migraines, chronic pain, HIV or AIDS, debilitating psychiatric disorders, and any other terminal illness.

In December last year, the Department of Health and Senior Services in Missouri issued the licenses for testing, transporting, and growing facilities.

Medical marijuana dispensary applicants had to pay a non-refundable application fee of $6,000 and an annual license fee of $10,000. Any marijuana business can possess a maximum of 5 dispensary permits, three cultivation licenses, or three manufacturing permits.

Speaking to the media, Bianca Sullivan, the owner of Fresh Green, said that her company won two dispensaries and one would be located in Kansas City while the other in Lee’s Summit.

Sullivan said that she was jumping up and down due to happiness and eventually jumped into the arms of her husband.

Janette Hamilton is the owner of TriCept Wellness, which is based in St. Louis. She said that she was devastated after she got the news that the regulators had rejected the application from her company. She was frustrated because her company’s score was 16th in the 1st Congressional District; however, the regulators selected other applicants with lower ratings and awarded them dispensary permits.

The state did not explain why her company was rejected, said Hamilton.

Applicants for dispensary permits must be residents of Missouri and must present a one-year proof of residency. The business must be owned by people who have been residents of Missouri for at least one year and have no resident privileges in other states. People who have been convicted of drug-related crime cannot own or participate as an employee. The license applicants must also submit a statement showing that all owners have submitted fingerprints and have undergone a criminal background check within the last six months.

Industry actors like HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) may now be happy that arrangements are in high gear to give patients in Missouri a chance to use medical cannabis to manage their health challenges.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, is leveraging its patented Delta Purification(TM) technology that reduces cannabidiol (“CBD”) waste during the extraction process to position itself for success in the booming market. A recent article discussing the company reads, “A hemp biomass cultivation, extraction, formulation and refining entity, HTC is a force to be reckoned with in the CBD extraction market, as U.S. sales of hemp-based CBD products are projected to reach $22 billion by 2022, up from $591 million in 2018 (http://cnw.fm/NSdf3). CBD derivatives alone are expected to generate $900 million in 2020 (http://cnw.fm/pEBb3). These include CBD-infused topicals, edibles, and vapes. . . . In this fast-growing market, HTC Extraction Systems is hard at work to expand operations and position itself as a major provider of CBD extraction services, having already deployed extensive investments in the acquisition of extracting, purifying and refining equipment. Recently, HTC closed a bought deal private placement with gross proceeds of $10 million (http://cnw.fm/3zuJJ) to finance 25 million units of the company. The proceeds are used to fund the company’s future growth plans.”

To view the full article, visit http://cnw.fm/X0hc3

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CBDWire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask Our Editor

CBDWire (CBDW)
Denver, Colorado
www.CBDWire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is part of the InvestorBrandNetwork.

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, recently entered into a share and purchase agreement with Starling Brands Inc. to acquire Starling’s subsidiary Kase Farma Inc., a company authorized to work with hemp cultivation, extraction, refining, formulation and distribution in California (http://cnw.fm/uMc95). A recent article discussing the company reads, “Starling executives anticipate that 2020 may be the biggest year ever for hemp and cannabis policy reform in the United States, given recent changes in the regulatory landscape such as the 2018 Farm Act’s passage by Congress and the president, the SAFE Banking Act’s passage by the House of Representatives this year and the Congressional introduction of the marijuana-decriminalizing MORE Act. . . . Kase Farma is preparing new equipment for processing and distilling up to 12,000 pounds per day of dried hemp biomass for the coming year’s hemp-cultivation season, and HTC is likewise preparing to process hemp biomass in Saskatchewan under a tolling strategy coordinated with area farmers. . . . HTC expects to sell extracted cannabidiol (CBD) through brands under its related entity, Purely Canada Foods, including Purely Canada Hemp(TM), Purely Canada CBD(TM), Purely Canada CBG(TM) and Purely Canada Cannabinoids(TM).”

To view the full article, visit http://cnw.fm/17bP8

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
Editor@CanadianCannabisWire.com

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, is establishing its position in the thriving cannabinoid market with its trademarked Delta Reclaiming System. The system reclaims ethanol and hydrocarbon-based solvents, among others, for use in hemp-biomass, cannabinoid extraction processes. A recent article discussing the company reads, “HTC’s clean-energy approach gives the company a measure of additional gravitas in a booming industry defined by rapidly shifting public perspectives that have driven communities and states to battle long-established federal drug-industry regulations that many people now regard as onerous. . . . Cannabinoid users are already reporting the benefits of nonpsychoactive cannabinoids in dealing with pain, nerve, muscle disorders and other health issues at the same time that natural product alternatives to the prescription drug market were gaining a strong foothold in the consumer wellness marketplace. Natural-products ,industry-market researchers at data-technology company SPINs reported recently that CBD sales grew 342% year-over-year between August 2018 and August 2019, reaching $185.1 million in revenue — well above the $9.1 million level reported two years ago (http://cnw.fm/E4p1V).”

To view the full article, visit http://cnw.fm/zXd9v

About HTC Extraction Systems

HTC Extraction Systems has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp-biomass and cannabidiol (“CBD”) industry as well as gas and liquid extraction. HTC’s extraction and purification systems are engineered to large scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced. For more information, visit the company’s website at www.HTCExtraction.com.

NOTE TO INVESTORS: The latest news and updates relating to HTC are available in the company’s newsroom at http://cnw.fm/HTC

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CBDWire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask Our Editor

CBDWire (CBDW)
Denver, Colorado
www.CBDWire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is part of the InvestorBrandNetwork.