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Hempalta Corp ( (TSE:HEMP) ) just unveiled an announcement.
Hempalta Corp. announced a strategic update involving the sale of its hemp processing and biochar equipment, which has been delayed due to non-payment, leading the company to retain ownership and restart the sale process. Additionally, Hempalta entered a forbearance agreement with Farm Credit Canada to extend protection and allow time for a revised monetization plan, while continuing to advance its carbon credit market initiatives, including the sale of 29,448 tonnes of CO2 removal credits.
More about Hempalta Corp
Hempalta Corp. is a Canadian clean-tech company focused on providing high-integrity carbon removal credits derived from industrial hemp. Through its subsidiary, Hemp Carbon Standard Inc., the company supports regenerative agriculture, biochar deployment, and AI-powered MRV to deliver transparent, verifiable carbon credits aligned with global climate goals.
Average Trading Volume: 29,138
Technical Sentiment Signal: Hold
See more data about HEMP stock on TipRanks’ Stock Analysis page.