Alternet Systems Inc (ALYI)

[CrownCannabis]

DALLAS, Jan. 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today released a management update highlighting the company’s hemp energy initiative in light of the 2018 Farm Act legalizing the farming of hemp in the United States, and providing the latest developments with $1.5 million in ReVolt Electric Motorcycle orders. ALYI is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The Company has a number of strategic initiatives underway. The primary focus of the update today is ALYI’s two leading initiatives, the development of hemp energy storage and the production and sales of electric motorcycles. A recent research report from Grand View Research anticipates the industrial hemp market to grow to $10.6 billion by 2025. Forbes recently featured the niche within the industrial hemp market that ALYI is targeting. In fact, the Forbes article featured the consultant engaged by ALYI to accelerate ALYI’s program

https://globenewswire.com/news-release/2019/01/29/1706996/0/en/ALYI-Carves-Out-Niche-In-10-Billion-Industrial-Hemp-Market-Accelerated-By-2018-Farm-Act-Legalizing-US-Hemp-Farming.html