KALY - Kali-Extracts Announces New Hemp Extraction Contract Moving Closer To $20 Million Revenue Target
August 30 2019 - 12:26PM
InvestorsHub NewsWire
Dallas, TX --
August 30, 2019 -- InvestorsHub NewsWire -- Kali-Extracts,
Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC:
KALY) (“KALY”) today announced its 3rd contract to
extract CBD from a hemp harvest utilizing KALY’s U.S. Patented
Cannabis Extraction Process. KALY has previously announced
hemp extraction contracts worth a potential $15 million in
revenue. The contract today moves KALY closer to its $20
million in revenue target for its new hemp extraction line of
business.
KALY
ANALYST COVERAGE SPECULATING $0.05 PPS
KALY is
primarily in the business of biopharmaceutical developments from
its cannabis extracts derived from the company’s U.S. Patented
Cannabis Extraction Process. The company recently announced a
new analyst report from Goldman Small Cap Research covering new
biopharmaceutical cannabis extract business development
updates. The report can be found in its entirety on Goldman’s
website www.goldmanresearch.com. The report speculates a
potential KALY price per share of $0.05.
To view the full
report visit:
https://www.goldmanresearch.com/201908131248/Opportunity-Research/next-gen-edtech-firm-on-a-roll.html
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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