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Stock impact report

SPI Energy Provides Update on its CBD Operations

SPI Energy Co., Ltd. - Ordinary Shares (SPI) 
US:NYSE Investor Relations: investors.spisolar.com
Company Research Source: GlobeNewswire
HONG KONG and SANTA CLARA, Calif., Jan. 29, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of green energy solutions with strategic investments in green-energy-enabled products and services, recently completed the installation of its cannabidiol (CBD) extraction equipment at a facility in Fresno, California. The newly installed CBD extraction equipment is designed to enable the production of CBD crude oil, distillate and isolate.  Currently, the Company is conducting pre-production test runs of its CBD crude oil extraction process; completing quality control review, and self-testing the CBD crude oil that is being produced. “We have made significant progress building the foundation of our CBD operations in California in recent months,” stated Xiaofeng Peng, Chairman and CEO of SPI Energy. “The Company has executed toll manufacturing agreements with three local hemp farms, and we expect to expand our CBD extraction ser Show less Read more
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