KALY – Kali-Extracts Announces New Hemp Extraction Contract Moving Closer To $20 Million Revenue Target

DALLAS, Texas, Aug. 30, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — 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 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.

Frederick Ferri
(214) 210-0459

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