Hydrogen Utopia International (HUI) has moved into cannabis cultivation to support its green hydrogen production technology
HUI developed a technology and business model for producing hydrogen, aiming to address climate change and turn non-recyclable and end-of-life material into alternative energy sources.
To accelerate the development of its first plant, HUI has taken out an option for a 49% stake in medical cannabis cultivator, Ohrid Organics, to make it more financially self-sufficient. HUI believed the stake would help fund its core business, building the world’s ‘first’ plastic waste-to-hydrogen plant.
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