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$PBIO The Company previously announced plans for i

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Post# of 8463
(Total Views: 207)
Posted On: 06/05/2020 1:10:21 PM
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Posted By: Lets Roll
$PBIO The Company previously announced plans for its first manufacturing run of twelve (12) BaroShear K45 processing systems with estimated completion times during the fourth quarter of 2020. Due to inefficiencies caused by the COVID-19 pandemic, the Company now believes that all 12 systems will be completed in time for shipment and installation to occur during the first quarter of 2021.

Mr. Kenneth F. Micciche, Director of PBI's UST Program, said: "The order for the last available BaroShear K45 system from our initial production run was received from an exciting young company out of Massachusetts called Canopy CBD Farms, LLC. The senior management of Canopy CBD Farms is comprised of very knowledgeable and experienced entrepreneurs and business leaders. They have already garnered the trust and loyalty of countless businesses in or entering in the commercial industrial hemp space. They use only the highest quality hemp biomass available and the latest processing technologies to meet or exceed industry standards. We are very pleased to have them as a customer."

https://www.barchart.com/story/stocks/quotes/...oemulsions


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