Hydrogen Utopia’s Ohrid Organics Secures Major Cannabis Sales Agreement

The latest update is out from Hydrogen Utopia International PLC ( (GB:HUI) ).

Hydrogen Utopia International PLC has announced that Ohrid Organics, a company in which HUI has an option to acquire a 49% stake, has secured a significant sales agreement with a medicinal cannabis company in North Macedonia. This agreement, valued at up to €4.5 million, is set to provide a stable revenue stream and support infrastructure expansion for Ohrid Organics. The proceeds will fund the development of an enlarged post-harvest facility, increasing cultivation capacity and enhancing operational efficiency. Ohrid Organics’ recent operational successes, including exceeding yield targets and achieving high THC levels, position it for sustained growth and increased shareholder value. These developments align with HUI’s strategic goals of expanding its waste-to-hydrogen plants globally.

More about Hydrogen Utopia International PLC

Hydrogen Utopia International PLC (HUI) is a European company focused on converting non-recyclable mixed waste plastic into hydrogen, carbon-free fuels, new materials, or distributed renewable heat. The company utilizes non-recyclable mixed waste plastic as feedstock to produce syngas, from which various products and energy can be generated. HUI targets regions with significant private sector interest, accessible financial backing, or substantial EU and government funding opportunities, aiming to provide alternative, price-competitive energy sources amid rising fossil fuel prices.

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