DALLAS, Dec. 12, 2018 /PRNewswire/ -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) ("KALY") introduced today the logo design for its Hemp4mula CBD infused candies and vapes. Last week, Kali-Extracts announced launching its own line of hemp-derived CBD infused candies and vapes under the brand name Hemp4mula. The company also announced initiating production on Hemp4mula gum with a wholesale order anticipated immediately after the completion of the hemp-derived CBD infused gum production. Kali-Extracts expects to produce hemp-derived CBD infused mints and gummies shortly after completing production of the gum. Hemp4mula vapes are anticipated to be in production early next year.
KALY recently acquired a biotech company with a patented cannabis extraction process. Accordingly, KALY updated its overall business plan (a presentation on the company's updated business plan is available on KALY's website). Hemp4mula is part of the updated business plan which management is rapidly executing. The company announced a $300,000 hemp-derived CBD extraction contract with Puration, Inc. (USOTC: PURA) earlier this week. The CBD Kali-extracts will produce is to support PURA's contract to produce a private labeled CBD infused Water for Generex Biotechnology, (OTCQB: GNBT).
To learn more about the company visit https://www.kali-extracts.com/
Check back frequently to the company's website and to the OTCMarkets website for more updates coming soon as management populates the new company website with additional information and brings all corporate information current on the OTCMarkets website.
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.
CONTACT:
Frederick Ferri
[email protected]
+1-(214)-210-0459
SOURCE Kali, Inc.
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