KALY and NOUV Pull Trigger on Launching Texas CBD Extraction Lab After Texas Governor Legalizes Hemp and CBD

DALLAS, June 13, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (“KALY”) and Nouveau (NOUV) (“NOUV”) today announced moving forward with a CBD extraction lab the two companies have had in the works now that Texas Governor Greg Abbott signed a new law Monday this week legalizing hemp and hemp-derived products. NOUV has 100 acer’s set aside for hemp cultivation.  NOUV currently operates a 25-greenhouse growing operation and in partnership with KALY plans to build an additional state-of-the-art greenhouse for the purpose of developing a proprietary cannabis cultivar. KALY has a U.S. Patented Cannabis Extraction Process. Together NOUV and KALY plan to develop proprietary extractions from proprietary cultivars.
Source: Kaly
KALY and NOUV Pull Trigger on Launching Texas CBD Extraction Lab After Texas Governor Legalizes Hemp and CBD
Kaly

The Motley Fool
Contributor at mjcanada.ca
The Motley Fool is dedicated to helping the world invest — better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, mutual funds, and premium investing services.

In all we do, we take a different approach.

We believe – and have proven over decades – that the individual investor can beat the market.

We believe that anyone can do it, even if they don’t have a lot of time or money to devote to investing.

We believe in a long-term outlook, helping people build wealth over time.

We believe that the person best positioned to take care of your financial future is you.

And we work tirelessly on behalf of our hundreds of thousands of members who are enjoying the opportunities that come with having enough money to do the things that matter to them.

While we are headquartered in Alexandria, Va., The Motley Fool advocates for the individual investor around the globe with offices in the UK, Australia, Canada, Singapore, and Germany.

Related News