SPI Energy to Exhibit Its Hemp and CBD Business at CBD Expo Midwest 2019
October 07 2019 - 10:17AM
SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI),
a global provider of green energy solutions with strategic
investments in green-energy-enabled products and services, today
announced that it will exhibit its hemp and CBD business at the CBD
Expo Midwest 2019 being held at that the Colorado Convention Center
in Denver on October 11 and 12, 2019.
Mr. Xiaofeng Peng, Chief Executive Officer of
SPI Energy, commented, "We are leveraging this CBD event to enhance
the market’s awareness of our hemp and CBD business and to identify
potential industry partnerships and customer relationships.”
SPI Energy recently entered the hemp market, and
has executed a management services agreement with the Native
American Agricultural Company (“NAAC”) to cultivate hemp in the
Navajo Nation. The Company also obtained licenses from the Navajo
Nation to engage in lab testing, cultivation, processing, wholesale
distribution, and retail sales of hemp.
The Company has recently signed a lease for a
manufacturing facility for its hemp and CBD business in Orange
Cove, California. Equipment to produce CBD products is being
installed and tested in anticipation of near-term production, which
is expected to begin in November 2019.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is an established provider
of photovoltaic solutions with global operations in key markets in
Australia, Europe, Japan and the United States. The Company is
leveraging its solar platform and expertise to make strategic
investment in green industries with significant growth and earnings
potential and/or green-energy-enabled products.
For inquiries, please contact:
SPI Energy Co., Ltd.IR
DepartmentEmail: ir@spigroups.com
RedChip Companies Bruce Haase (407) 712-8965
bruce@redchip.com
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