CBDNewsBreaks – HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Holds Favorable Market Position as U.S. Hemp-Based CBD Sales Expected to Reach $22 Billion by 2022

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, is positioned to profit following major investments and acquisitions in the quickly expanding cannabidiol (“CBD”) and cannabinoid market. An article discussing the company reads, “As a developer of proprietary gas, liquid and biomass extraction systems that are designed for the extraction of gas, liquids and biomass, and the distillation and purification of ethanol and ethanol-based solvents used for this extraction, HTC Extraction Systems has a highly positive outlook when it comes to CBD market expansion, with major investments in the acquisition of extracting, purifying and refining equipment. . . . Demand for cannabinoids is growing constantly and, given that cannabis is still a Schedule 1 drug according to the federal government, extraction from cannabis comes with certain legal risks. To avoid legal issues, many companies, including HTC Extraction Systems, focus their efforts on extracting cannabinoids from hemp. This has led to the fast expansion of the hemp industry and especially of the hemp-derived CBD market. According to industry analyst Brightfield Group research, U.S. sales of hemp-based CBD products are projected to reach $22 billion by 2022, up from $591 million in 2018. This is equivalent to a CAGR of 147% (http://cnw.fm/oCrb7).”

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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.

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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.

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420 with CNW – What is the Shelf Life of Cannabis Edibles?

Marijuana edibles give the consumers a good buzz minus the risks associated with smoking or vaping the products, regardless of whether you bought them at a dispensary or made them in your kitchen. Most of these products have an expiry date printed on the packaging or an attached sticker. This means that it is unhealthy and unsafe to consume these products past their expiry date. It is, however, uncertain if the expired products can still get you high.

A number of top-rated manufacturers of marijuana-infused foods have provided some information on the shelf life of homemade and packed edibles so that consumers can get some needed answers about the potency and safety of expired cannabis edibles.

A certified chef de cuisine and master chocolatier, Scott Van Rixel, says that the most critical factor of infused marijuana products apart from the expiration date is the edibles’ shelf life. Rixel is also the founder of Bhang Corporation, which manufactures marijuana edibles.

Rixel further said that the shelf life of an edible is attributed to the fact that it is a food product rather than the fact that it is infused with marijuana. All consumable food products, including those that aren’t infused with marijuana, are made of perishable ingredients that go bad with time and depending on the environmental conditions. Therefore, you may find marijuana-infused products getting stale or going rancid, just like any other non-infused food products.

The CEO of Wana Brands, Nancy Whiteman, said that product packaging and the method used in adding THC to the products could also impact the edibles’ shelf life.

Marijuana experts say that the THC in the infused product would not be destroyed; however, the methods used to mix THC, and the food products, determine its potency.

Research carried out by Wana Brands found that their company’s edible products do not lose their potency over time, said Whiteman. She further explained that they conducted research on their edibles at intervals of six months, nine months, and one year and found that the change in potency is not significant.

However, the process of manufacturing edibles can lead to loss of potency in some products over time, said Ron Silver. Silver is the founder and Chief creative officer at Azuca, a marijuana edibles company. Silver further explained that the thick nature of marijuana oil contributes to the shelf instability of marijuana edibles.

Marijuana oil that is not emulsified correctly separates from the food products, and it is left behind on the surface of the packaging, meaning that you do not ingest all the THC in your edible. Azuca has developed a process that makes cannabinoid molecules water soluble, making it easy for them to be absorbed. This helps to stabilize the edibles.

Although the expired products are still potent, the choice on whether to go ahead and consume that potent and expired edible depends on the food that was infused and the extent of possible harm the expired food ingredients can inflict. Furthermore, the experience of consuming an expired marijuana edible will not be as pleasurable as with a non-expired edible.

Silver further said that more research is needed to determine and understand the stability of marijuana cannabinoids with certain foods, and their interaction with the body’s metabolism. It would also be essential to find out how sick expired marijuana edibles can make a person.

Proper storage of marijuana edibles prolongs their freshness, and perishable foods such as eggs and dairy should be refrigerated. The temperature in the packaging of gummies should be controlled and they should be kept away from light.

Each marijuana product, especially edibles, is different and that is probably the reason why marijuana sector players like Neutra Corp. (OTC: NTRR) and HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) emphasize that customers adhere to the usage and storage instructions provided by the manufacturer.

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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.

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420 with CNW – Democrats in Congress Cede to Senate’s Position on Veteran-Related Marijuana Provisions

Democrats in Congress have abandoned two marijuana proposals that were veteran-based and previously approved by Congress as part of their large-scale defense bill.

The House approved its version of the National Defense Authorization Act (NDAA) this summer. The legislation had several changes that would prevent the United States Department of Veteran Affairs from denying the veterans’ home loans applications due to their employment status in the legal marijuana sector.

The bill had another policy that would have allowed the military branches to reenlist service members convicted of single simple marijuana offenses.

However, the Senate did not have similar proposals in their legislation, but the leaders from the two bodies agreed to scrap some of the additional policies during the negotiations.

The Democrats did not cede on all the amendments that were not similar to the House legislation; but, both parties made compromises on the amendment proposals where the House withdrew about 630 provisions while the Senate ceded approximately 600.

The House conference negotiators did not view the marijuana measure as a priority. However, according to the sponsors of the bill, marijuana policies were to be prioritized as they represented urgent needs for the veterans and service members.

The home loan amendment provisions were made by Rep. Katherine Clark (D-MA). In May, Clark circulated a sign-on letter addressed to Veteran Affairs. The letter raised the issue and noted that a veteran in her district was denied home loan benefits because he was working in the marijuana industry.

The reenlistment waiver proposal was sponsored by Rep. Ruben Gallego (D-AZ). During a committee hearing in June, Gallego stressed that the country needs to think about military enlistment policies regarding marijuana felonies, especially looking at the recruitment crisis.

Gallego further said that the country’s views on marijuana consumption are changing, and the military has adjusted its recruitment process. He also noted that where necessary, the military can grant waivers to former simple marijuana convicts who want to serve their country.

According to a summary of the legislation, the House conference negotiators agreed on a bill funding “drug interdiction and counter-drug activities” by giving them $1 billion. The bill also calls for an assessment of the impact of any planned border wall construction would have on the quantity of narcotics entering the U.S. The bill includes the Fentanyl Sanctions Act, which puts in place several economic and financial sanctions to cease the operation of international opioid traffickers.

It is uncertain if the House Democrats will fight for the marijuana reform language in the appropriations negotiations. The current temporary spending legislation expires on December 20, and their goal is to finalize the full 2020 Fiscal Year appropriation before the expiration date.

In June, Rep. Earl Blumenauer (D-OR) withdrew a policy that would have permitted Veteran Affairs to prescribe medical marijuana to military veterans during the House consideration of the VA appending bill.

Analysts believe that cannabis industry actors, such as HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) and Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), may not be too pleased that veterans will continue to be victimized for their involvement in state-legal marijuana programs.