Astika Holdings, Inc. announced that it is entering into the Industrial Hemp sector through partnerships with current leaseholders with the goal of acquiring operating facilities to begin its own facilities in Asia and New Zealand. Astika further announced the launch of Nantong HZ Hemp Co. Ltd. which shall be utilized for Industrial Hemp and related projects.

Astika's entrance into the Industrial Hemp sector is in conjunction with Astika's commitment to acquisitions and development of agriculture in Asia and New Zealand. Since the Industrial Hemp industry is expanding at a rapid pace Astika has accelerated the Company's negotiations with its relationships in the Nantong Region in China and New Zealand to expand into the sector.