February 6th, 2014 Corona, CA Extreme Biodiesel, Inc. (PINK:XTRM) today announced that the Company wholly owned subsidiary XTRM Cannabis Ventures has just completed assembly of its first Mobile Hemp To Biodiesel Production Unit.
XTRM Cannabis Ventures will begin marketing and posting specs for the Mobile Hemp to Biodiesel unit shortly on its new website being constructed at http://xtrmcannabisventures.com.
It is anticipated that later this week, President Obama will sign a massive five-year, $1 trillion farm bill, which cleared the Senate on Tuesday. When he signs it current longstanding restrictions on the growth of cannabis/hemp will be lifted. A problem for the biofuel industry has always been locating cost-effective products for conversion into biodiesel. Until recently Hemp was simply too expensive to consider for biodiesel, but with the passage of the farm bill hemp costs are expected to decrease. Given that Hemp seed has a better cloud point and cetane value plus similar oil content to other seeds such as Canola, Hemp will quickly become a viable and better alternative.
Housed in a traditional 25 foot trailer the mobile hemp biodiesel unit can be moved very easily from site to site to maximize output. XTRM is positioning itself to become one of the if not the first Company to market a dedicated Mobile Hemp to Biodiesel Unit.
Company President Joseph Spadafore stated “Using existing relationships with others involved in the industry such as product developers and growers we believe there will be great demand for this product”
Other Relevant Links
Legalization of Hemp
About Extreme Biodiesel and XTRM Cannabis Ventures
Extreme Biodiesel is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors
XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme Biodiesel focused in the sector of Medical Marijuana, Cannabis and Hemp related products.
XTRM Cannabis Ventures Disclaimer
The Company would like to assure all investors that in all cannabis related actions the Company is conferring with counsel to be sure any business activities are deemed legal. XTRM advises all investors to see the website being developed at http://xtrmcannabisventures.com
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Safe Harbor Disclaimer
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. XTRM is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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