ALYI - Alternet Systems Prepares For $79 Billion African Hemp Market Opportunity
September 12 2019 - 9:28AM
InvestorsHub NewsWire
ALYI – Alternet Systems Prepares
For $79 Billion African Hemp Market Opportunity
DALLAS, TX --
September 12, 2019 -- InvestorsHub NewsWire -- Alternet Systems,
Inc. (USOTC:
ALYI) (“ALYI”) today confirmed plans to develop electric
vehicles assembled in Africa for the African market that are
constructed from hemp and powered by hemp batteries. ALYI
recently revealed plans to extend its current electric motorcycle
manufacturing initiative in Africa with the subsequent production
of electric delivery vehicles constructed from hemp and powered by
hemp batteries. ALYI is currently engaged in the development
of an electric motorcycle project in Africa with a total potential
value of $300 million. The subsequent hemp vehicle initiative
plans to tap into the overall growing hemp trend in Africa.
Multiple nations in Africa are advancing various new cannabis
legalization initiatives while cannabis/hemp cultivation is already
a major industry in others. It is predicted that cannabis
cultivation could be a $79 billion
annually.
Updated ALYI Analyst
Report
Goldman Small
Cap Research recently published an updated analyst report on ALYI
in conjunction with a podcast interview of ALYI CEO Randell Torno
with the CEO of the Africa Development Organization, Libasse Diop
Dia. The podcast interview is hosted by Senior Research
Analyst Rob Goldman of Goldman Small Cap Research. The two
CEO’s discuss the industrialization Africa with a focus on the
development of clean, sustainable energy. The podcast
interview and Goldman’s analyst report with investment highlights
is available on ALYI’s
website.
For more
information, please visit: http://www.alternetsystemsinc.com
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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