ALYI and NOUV Advance Hemp Vehicle Developments
GlobeNewswire•October 29, 2019
DALLAS, Oct. 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE - Alternet Systems, Inc. (ALYI) today announced hemp vehicle material development partner Nouveau (NOUV) has begun work on processing material from the first legal US hemp harvest season that will be used in the ongoing development of a hemp body for electric delivery vehicles and to support ALYI’s ongoing hemp battery initiative. This announcement today highlights ALYI’s current $100 million cryptocurrency investment strategy targeted at expanding the company’s existing $300 million in electric vehicle projects in Africa.
Canadian Marijuana Operation
Separate from the U.S. hemp operations, NOUV has an operation in Canada developing a small licensed medical marijuana cultivation operation into a larger scale company supporting the home marijuana grower.
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