| Pharmaceuticals Industry | Healthcare Sector | Jeffrey Allison CEO | OTCQB Exchange | 40432D105 CUSIP |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
HTC Purenergy Inc., operating under the business name HTC Extraction Systems, is a Canadian company specializing in the extraction and formulation of hemp biomass. It holds proprietary technology for the efficient extraction of biomass, gas, and liquids. The company has a history of innovation and transformation, indicated by its name change from HTC Hydrogen Technologies Corp. in February 2008, signaling a pivot towards the burgeoning extraction industry. With its headquarters in Regina, Canada, HTC Purenergy Inc. is deeply involved in the process of extracting valuable components from hemp, including the distillation and purification of ethanol and ethanol-based solvents utilized within the extraction process.
HTC engages in this process to serve the biomass extraction industry. The refined ethanol and solvents are critical for extracting various compounds from hemp biomass, ensuring purity and quality in the final products.
The company contracts the production of industrial hemp, focusing on biofibre, which is used in producing bioplastics, biochar, and cellulose. This eco-friendly alternative to traditional materials highlights the company's commitment to sustainable practices.
HTC's involvement in hemp seed production underscores the growing demand for plant-based protein sources. Hemp seeds are recognized for their nutritional benefits, including high protein content.
Extracting oil from hemp seeds produces a versatile product used in various dietary, cosmetic, and industrial applications. HTC's extraction system ensures high-quality oil yield from the seeds.
The company also specializes in the extraction of cannabinoids from hemp, focusing on the production of CBD oil and other cannabinoid-based products. This process utilizes the company's proprietary technologies to achieve high purity and quality.