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Canadian Uniform Maker, Hemp Processor Receive $4.5M to Make Textiles

Financing amounting to $4.5 million has been availed to bolster the supply chain of hemp through the production of uniforms in Alberta, Canada. Of this amount, $3.65 million will be provided to Askiy Hemp LP by the Canadian federal government. Askiy has plans to set up an industrial plant to process industrial hemp within Elk Point.

In addition, the provincial government of Alberta will inject $804,000 in Logistik Unicorp, a company that makes…

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NOTE TO INVESTORS: The latest news and updates relating to Astrotech Corp. (NASDAQ: ASTC) are available in the company’s newsroom at https://cnw.fm/ASTC

About HempWire

HempWire (“HW”) is a specialized communications platform with a focus on hemp-related news, information, and the latest developments in the hemp sector. HempWire is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, HW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, HW brings its clients unparalleled recognition and brand awareness. HW is where breaking news, insightful content and actionable information converge.

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