ALYI – Alternet Systems Prepares For $79 Billion African Hemp Market Opportunity
DALLAS, TX -- September 12, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed plans to develop electric vehicles assembled in Africa for the African market that are constructed from hemp and powered by hemp batteries. ALYI recently revealed plans to extend its current electric motorcycle manufacturing initiative in Africa with the subsequent production of electric delivery vehicles constructed from hemp and powered by hemp batteries. ALYI is currently engaged in the development of an electric motorcycle project in Africa with a total potential value of $300 million. The subsequent hemp vehicle initiative plans to tap into the overall growing hemp trend in Africa. Multiple nations in Africa are advancing various new cannabis legalization initiatives while cannabis/hemp cultivation is already a major industry in others. It is predicted that cannabis cultivation could be a $79 billion annually.