KALY – Kali-Extracts Expects 2020 Revenue Growth Acceleration from CBD Infused Consumer Products

Kali Extracts

Dallas, Texas–(Newsfile Corp. – December 11, 2019) – Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (OTC Pink: KALY) (“KALY”) today announced expected revenue growth acceleration in 2020 from the sales of CBD infused consumer products. The company currently generates revenue from the sale of CBD infused candies and beverages. KALY produces and sells Hemp4mula chewing gum and gummies available on www.USMJ.com and it has licensed its patented cannabis extraction process for the production of CBD infused beverages. KALY has recently announced a restructuring of its cannabis biopharmaceutical business as part of a strategy to facilitate a strategic investment at a $50 million valuation. The restructuring is also anticipated to facilitate increased investment and operational focus benefiting KALY’s consumer products business from which management expects to see accelerated revenue growth in 2020. KALY management believes the company may realize its first $1 million in annual sales by year end 2019, and that the current restructuring can accelerate sales form CBD infused consumer products next year. Accelerated growth is anticipated from a distribution network expansion and the introduction of new CBD infused consumer products.
To stay abreast of the latest developments and 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