Business
For The Earth Corporation Update: New Extraction Facility, New Distribution Facility, Expanded Retail Footprint, New Website
For The Earth Corporation Update: New Extraction Facility, New Distribution Facility, Expanded Retail Footprint, New Website.
About this update from For The Earth Corp.
[{"type":"text","content":"\nPHOENIX, AZ, March 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – For The Earth Corporation (the “Company” or “FTEG”) (OTCMKTS: FTEG) issues the following Letter to Shareholders from the CEO:\n Dear Valued Shareholder, As our recent communications have outlined, we are transitioning into a vertically integrated CBD producer and retailer. We are extremely grateful to our committed shareholders for joining us on this exciting journey. Today, I wanted to bring you up to date on what we have accomplished and what our next steps will be. First off, our new website is up and live. You can find it at ftegco.com. Be sure to check back often to follow our progress there. Next, I am very excited to announce that we are making strong progress on acquiring our new state-of-the-art CBD extraction and production facility. We have sharply narrowed down our list of top candidates with the goal of closing on a facility by next month. This is an enormously important piece of the puzzle for setting our fully integrated vision in motion. We will be outfitting the facility with a high-capacity supercritical CO2 extraction machine along with other essential equipment and moving quickly into production. I am also very excited to report that we will be launching our own distribution facility in Phoenix, AZ. That facility should be fully up and running by April 2 – and possibly sooner than that. This will be our distribution hub and will serve as a primary sourcing point for all of our major end markets, including full-spectrum high-potency CBD products, a range of pet products, and our Bacteria Elimination cleaning products. With our new emphasis on the rapidly growing CBD market, it’s easy to forget that we have tremendous traction in the hi-tech cleaning products marketplace. Our Clean Life brand uses advanced Nano-mechanics to destroy pathogens and leave a protective shield (our “Advanced Coating Technology”) on surfaces to inhibit the growth of new pathogens where treatment with Clean Life products has occurred – all without the use of harsh or harmful chemicals. If you want to understand more about our cleaning products, our technology, or the science behind this process, please visit our Clean Life products site at cleanlifecorp.com. Finally, I wanted to update our recent moves t...