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DALLAS, Oct. 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today published photos on the company’s website from its first historic hemp harvest since the Federal legalization of hemp cultivation in the United States. KALY has already begun harvesting its first hemp crop in the state of New York signed under a consignment contract worth a potential $5 million. KALY has hired a photo journalist to record the event.
The State of New York alone, where KALY is already working, has a reported 18,000 acers of hemp in just the Hudson Valley area. KALY is planning on concentrating its CBD extraction services in just the North East this fall and expanding nationwide next year.
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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/267e8899-9199-4bab-92dd-fcaaef1e7efb