Upper Street Marketing Inc. has finalized a binding multi-million dollar agreement to purchase extraction systems from ICC Group designed to process up to 2 million pounds of raw hemp biomass a year into 120,000 liters of crude cannabidiol (CBD) free from psychoactive contaminants. Executing this agreement puts on track to start converting raw hemp into CBD distillates and concentrates within the next 120 days. The systems UPPR has purchased will support a fully cGMP environment at all stages of the CBD production cycle from initial biomass delivery to output in easily transported 5-gallon containers. These containers of full-spectrum hemp oil will then be shipped from Colorado to UPPR's San Diego laboratory for processing into higher-grade distillates and isolates. As the FDA holds its first hearings on CBD marketing and development practices, manufacturers that can meet cGMP standards now will be in a stronger position to comply if, for example, regulators decide to segregate high-grade CBD products from those currently on the market.