KALY Building CBD Brand As Top Quality Extract For Customers Like PURA With Potential To Grow $5 M Business Into $20 M
June 11 2019 - 12:33PM
InvestorsHub NewsWire
KALY Building CBD Brand As Top
Quality Extract For Customers Like PURA With Potential To Grow $5 M
Business Into $20 M
Dallas, TX -- June 11, 2019 --
InvestorsHub NewsWire -- Kali-Extracts, Inc. (Kali, Inc.
dba/Kali-Extracts, Inc.) (USOTC:
KALY) (“KALY”) today published a management overview on the
company’s mobile cannabis extraction capacity. KALY recently
announced a contract with a New York State Licensed Hemp
Cultivation Operation anticipated to generate an estimated $5
million in revenue for KALY. The extraction for the New York
State Licensed Hemp Cultivation Operator will be conducted via a
proprietary mobile extraction unit. With the extraction
capacity being mobile, KALY management believes the company could
contract potentially more than $20 million in similar
contracts.
Kali-Extracts Mobile
Cannabis Extraction Capacity
Central to the company’s mobile
cannabis extraction capacity strategy is the fact that KALY owns
and operates a U.S. Patented Cannabis Extraction Process.
KALY primarily utilizes its Patented Process discovering, developing and commercializing novel
therapeutics from a proprietary cannabinoid product platform in a
broad range of disease areas. Given that therapeutic product
development is a multi-year, multi-million endeavor, KALY has also
employed its Patented Process in two ancillary lines of business
that can generate revenue more immediately with less upfront
investment. One, the company has its own line of Cannabis
Confections infused with CBD. Hemp4mula Gum from KALY is now
available, and Hemp4mula Gummies will also soon be available as the
first two CBD Infused Confections of a broader planned line.
Second, and the topic of this presentation, is KALY’s contract
cannabis extraction business.
With the
passage of the 2018 Farm Act and the corresponding legalization of
hemp farming, hemp cultivation initiatives are popping up
everywhere driven largely by the opportunity to produce hemp
derived CBD. However, CBD extraction is a separate discipline
from hemp cultivation. And the marketing of CBD is yet
another separate discipline. So even if a cultivator can
successful harvest a hemp crop, the finish line is still a way
off.
With a
Patented Cannabis Extraction Process and years of extraction
expertise, KALY has a market leading extraction discipline.
With years having already participated in the CBD infusion of a
leading CBD Water, KALY also has the foundation of a recognized
Brand for CBD extraction.
PURA – Puration, Inc. (USOTC:
PURA) Branding Example
In the
fourth quarter of last year, 2018, KALY acquired NCM Biotech
(NCMB). In NCMB’s four years of operations, NCMB has
established a great deal of extraction experience. NCMB and
now KALY, among many other extraction experiences, have been a
long-term partner of Puration, Inc. (USOTC:
PURA) (“PURA”). PURA produces EVERx CBD Sports Water, the
leading CBD infused water within the sports nutrition market.
PURA has over $1 million annual sales and a $4 million revenue
target for 2019. KALY can point to their success with PURA to
support a top-quality CBD extraction claim.
Hemp Crop Consignment
Strategy
With a
Brand for Top Quality CBD Extract, KALY has more to offer a hemp
cultivator than expert extraction. KALY can help a hemp cultivator
market their extract. KALY’s business model for extraction is
not simply to extract CBD, but to have hemp cultivation customers
consign their crops to KALY for KALY to extract and market the CBD
under the KALY brand name.
Mobile Extraction Lab $20 Million
Scalability
KALY has
already signed its first hemp cultivation consignment
contract. The contract is estimated to be worth $5 million in
revenue. With KALY deploying its Patented Cannabis Extraction
process within a mobile lab that can be easily transported in a
tractor trailer, KALY has the ability to sign hemp cultivator
clients nationwide. By signing only 2 to 3 more clients of
similar size of their first client, KALY could easily reach $20
million in revenue from its new cannabis extraction business this
year.
To learn more about the company
visit https://www.kali-extracts.com/
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. These forward
looking statements relate to, amongst other things, current
expectation of the business environment in which the company
operates, potential future performance, projections of future
performance and the perceived opportunities in the market. The
company's actual performance, results and achievements may differ
materially from the expressed or implied in such forward-looking
statements as a result of a wide range of
factors.
CONTACT:
Frederick Ferri
ir@kali-extracts.com
(214) 210-0459
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