Hempalta Corp (TSE:HEMP) has released an update.
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Hempalta Corp has acquired a 50.1% controlling interest in Hemp Carbon Standard Inc. to facilitate the sale of industrial hemp carbon credits globally, aiming to reduce greenhouse gas emissions and promote sustainable agriculture. This strategic move offers Hempalta a new revenue stream and supports their commitment to sustainability, while also providing a scalable platform for farmers to contribute to decarbonization efforts.
For further insights into TSE:HEMP stock, check out TipRanks’ Stock Analysis page.