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CGT Hemp Products Division Acquired by Business Group

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Profitable Hemp Products Division Acquired

Canadian Greenfield Technologies Corp. (CGT) is proud to announce that its Hemp Products Division has been acquired by a business group comprised of prominent businessmen with a distinguished history of success in the cannabis industry. The acquisition, including a HempTrain™ Advanced Processing Plant, supporting facilities and the product lines, has been carried out via the newly formed HEMPALTA INC.

This acquisition recognizes HempTrain™ Hemp Processing System – with its ability to produce high-value products for mass markets – as state-of-the-art technology in the hemp space and the first choice for building a successful hemp business. It is essential for hemp businesses to aim at high-value, mass markets, and away from low-value commodities, to build a successful hemp industry in the current world.

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Our Focus is on the Future

CGT’s focus continues to be on providing innovative engineering and manufacturing of HempTrain™ and supporting facilities - for both individual installations, as well as territorial license holdings for HempTrain™ manufacturing and distribution, globally.

CGT is also continuing developments towards enlarging the business footprint for their world-renowned NForce-Fiber® Technology. Divisions involving technologies, manufacture of HempTrain™ and supporting facilities, and NForce-Fiber® remain with CGT.

About Canadian Greenfield Technologies Corp.

CGT is an award-winning Calgary-based engineering & manufacturing company specializing in hemp products and processing technologies. An off-shoot of an international-award-winning industry group in business since 1987, CGT is an industry leader with unparalleled expertise in hemp processing and the only supplier of complete whole-plant hemp processing facilities in North America, having developed, designed, engineered, and manufactured the state-of-the-art HempTrain™ Advanced Processing Plant.

Stay tuned for updates. Follow Canadian Greenfield Technologies on Facebook, Twitter, Instagram and LinkedIn. For videos on real-world applications of hemp products, demonstrations, and ground-breaking technologies, subscribe to CGT’s YouTube Channel.

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