DALLAS, June 12, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- Kali-Extracts, Inc. (USOTC: KALY) has confirmed plans to expand its CBD extraction business to $20 million in 2019 sales. On June 11, the company 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.
See KALY’s full plan to expand its extraction business to $20 million in sales:
