Hempalta Corp. (TSXV: HEMP) has announced a strategic pivot toward nature-based carbon credit solutions through its subsidiary, Hemp Carbon Standard Inc. (HCS). The company aims to capitalize on the growing demand for high-integrity carbon offsets by leveraging industrial hemp’s carbon sequestration capabilities.

To fund this transition, Hempalta is offering a non-brokered private placement of up to 30 million units at $0.05 per unit, targeting $1.5 million in gross proceeds. Each unit includes one common share and half of a common share purchase warrant, exercisable at $0.10 for two years. Proceeds will support scaling HCS operations, marketing carbon credits, and general working capital.

Highlights of Strategic Realignment

Hemp Carbon Standard (HCS)

• Focus on developing methodologies, farmer onboarding, and validation frameworks for hemp-based carbon credits.
• Aims to ensure transparency and alignment with global carbon markets.

Hempalta Processing Inc.

• Retains key product lines like Hempy Cat, Hemp Fresco, and Hempzorb for licensing while ceasing active processing.
• Plans to market its processing facility and equipment to new operators.

Growth Strategy

Hempalta intends to:

1. Provide credible carbon credits through partnerships with recognized standards and verifiers.
2. Expand farmer participation via revenue-sharing tied to carbon credit issuance.
3. Enhance stakeholder value by prioritizing recurring, high-margin revenue streams.

CEO Darren Bondar emphasizes the company’s alignment with global sustainability goals, positioning Hempalta as a leader in nature-based climate solutions.