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kali inc (KALY) Details

Kali, Inc., doing business as Kali-Extracts, Inc., engages in the research and development of cannabis treatments for various illnesses, diseases, and chronic pain as a symptom of various diagnoses. It provides pharmaceuticals, cannabis extracts, and health and wellness products. The company was formerly known as VLOV Inc. and changed its name to Kali, Inc. in February 2016. Kali, Inc. is based in Dallas, Texas.

171 Employees
Last Reported Date: 04/16/13

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kali inc
North American Cannabis Holdings, Inc. and Kali-Extracts (Aka Kali, Inc.) Announces Partnering to Introduce a Meatless Hamburger Infused with CBD

North American Cannabis Holdings, Inc. and Kali-Extracts (aka Kali, Inc.) announced partnering to introduce a meatless hamburger infused with CBD. Plant-based protein alternatives to meat are growing in popularity with consumers. The recently Beyond Meat partnership with Del Taco introducing meatless tacos has brought a groundswell of attention to the plant-based protein sector. USMJ spun its cannabis themed restaurant off last fall to capitalize and expand the initiative in a partnership with West Coast Venture Group Corp. the owner and operator of Illegal Burger, operating in cannabis friendly Colorado.

Kali, Inc. and Nouveau Life Pharmaceuticals, Inc. Pull Trigger on Launching Texas Cbd Extraction Lab After Texas Governor Legalizes Hemp and Cbd

Kali, Inc. and Nouveau Life Pharmaceuticals, Inc. announced moving forward with a CBD extraction lab the two companies have had in the works now that Texas Governor Greg Abbott signed a new law Monday this week legalizing hemp and hemp-derived products. NOUV has 100 acer’s set aside for hemp cultivation. NOUV currently operates a 25-greenhouse growing operation and in partnership with KALY plans to build an additional greenhouse for the purpose of developing a proprietary cannabis cultivar. KALY has a U.S. Patented Cannabis Extraction Process. Together NOUV and KALY plan to develop proprietary extractions from proprietary cultivars.

Kali Announces $5 Million Contract

Kali-Extracts, Inc. announced having $6 million in 2019 revenue potential after entering into an agreement with a New York State Licensed Hemp Cultivation Operation anticipated to generate an estimated $5 million in revenue for KALY. The company was already targeting $1 million in sales from its existing consumer cannabis extract infusion business and with the $5 million contract announced on June 4, 2019, KALY now has the potential of realizing $6 million in revenue this year in 2019. KALY will utilize ad mobile extraction lab for the extraction contract announced on June 4, 2019. KALY anticipates winning similar extraction contracts.

 

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