NetworkNewsBreaks – Redfund Capital Corp. (CSE:
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Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced that Wahupta Ventures’ wholly owned division, Curran Technologies, has signed its first USA extraction system order with Health Care Industries of Marco Island, Florida, worth $670,000. According to the update, the Curran designed system will consist of four R6 Pro extraction units for the production of both CBD isolate and distillate. “We are working closely with Wahupta management to sign our definitive agreement and help increase their company valuation and revenues. As Canada comes onside with CBD products, few extraction companies in Canada have focused solely on the hemp industry,” Redfund CEO Meris Kott said in the news release. “Cannabis and hemp use different extraction screens and techniques, and we believe Wahupta has created a unique position for their division to build exponentially as legalization in Canada expands and the hemp industry grows globally. The Curran extraction division differentiates Wahupta amongst many of their peers and we feel creates a strong competitive advantage for them as one of the leaders in the burgeoning hemp sector.”
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