February 6th, 2014 Corona, CA Extreme Biodiesel, Inc. (XTRM) today announced that the Company wholly owned subsidiary XTRM Cannabis Ventures has just completed assembly of its first Mobile Hemp To Biodiesel Production Unit.
XTRM Cannabis Ventures will begin marketing and posting specs for the Mobile Hemp to Biodiesel unit shortly on its new website being constructed at http://xtrmcannabisventures.com.
It is anticipated that later this week, President Obama will sign a massive five-year, $1 trillion farm bill, which cleared the Senate on Tuesday. When he signs it current longstanding restrictions on the growth of cannabis/hemp will be lifted. A problem for the biofuel industry has always been locating cost-effective products for conversion into biodiesel. Until recently Hemp was simply too expensive to consider for biodiesel, but with the passage of the farm bill hemp costs are expected to decrease. Given that Hemp seed has a better cloud point and cetane value plus similar oil content to other seeds such as Canola, Hemp will quickly become a viable and better alternative.
Housed in a traditional 25 foot trailer the mobile hemp biodiesel unit can be moved very easily from site to site to maximize output. XTRM is positioning itself to become one of the if not the first Company to market a dedicated Mobile Hemp to Biodiesel Unit.
Company President Joseph Spadafore stated “Using existing relationships with others involved in the industry such as product developers and growers we believe there will be great demand for this product”
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