Hempstract Inc (HPST)

[e-ore]

HPST only gets 40%

"In a joint agreement with IsoPhlora, Inc., Hempstract, LLC and their client, Epitome, Inc., Hempstract will complete the extraction process of a large quantity of industrial hemp provided by Epitome. Hempstract will retain 40% of the resulting crude oil and the remaining amount will be provided to IsoPhlora for further processing to the client.

Justin Costello, President of Hempstract commented on the Agreement: “This tolling agreement represents a great opportunity for us to expand production at the Hempstract facilities to process a considerable magnitude of industrial hemp for our client.”