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Kali-Extracts First Hemp Harvest With Anticipated $5 M Revenue Potential Expected to Boost Q4 Sales Substantially

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Kali-Extracts, Inc. announced an anticipated substantial increase in sales in Q4 2019 coming from its first hemp harvest now underway.  The company announced on Monday this week has initiated its first hemp harvest. KALY has entered into a consignment contract to ultimately extract CBD from a hemp crop managed by a licensed hemp grower in the State of New York and in turn sell the CBD extract under KALY's own brand.  The contract is anticipated to generate as much as $5 million in revenue for KALY. Management anticipates realizing the first revenue from the consignment contract in the fourth quarter of this year.

 

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