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Hempalta Corp ( (TSE:HEMP) ) has issued an update.
Hempalta Corp. has secured a 90-day extension on its forbearance agreement with Farm Credit Canada, providing the company with flexibility to pursue strategic initiatives such as equipment sales and carbon credit inventory sales. The company has also completed certification of its 2024 carbon credits, with a total of 29,448 Verified Carbon Credits issued. Hempalta is focusing on its carbon-first growth strategy, including a significant Alberta-based carbon removal program projected to generate 100,000 verified carbon credits annually. This positions Hempalta as a leader in the nature-based carbon solutions market, with ongoing efforts to expand its global footprint and secure strategic partnerships.
More about Hempalta Corp
Hempalta Corp. is a Canadian-based company specializing in nature-based carbon credit solutions. It advances scalable carbon removal through industrial hemp and on-farm biochar deployment, providing ISO-certified carbon credits verified via AI, satellite monitoring, and blockchain infrastructure.
Average Trading Volume: 37,233
Technical Sentiment Signal: Sell
For detailed information about HEMP stock, go to TipRanks’ Stock Analysis page.