HempAmericana Announces
Augusta CBD Oil Facility Now "Open for
Business"
New York, NY
-- April 23, 2018 -- InvestorsHub NewsWire via OTC
PR WIRE -- HempAmericana, Inc. (OTC:
HMPQ) ("HempAmericana" or the
"Company") is thrilled to announce that
the new Vitalis
R-200 high-capacity supercritical CO2 CBD Oil Extraction machine
has been installed and brought online by the Vitalis team, and is
now fully operational. With this step,
following a
year-long pivot process, full-scale operations are now getting
underway at the Company's principal state-of-the-art extraction and
processing facility in Augusta, Maine.
HempAmericana
CEO, Salvador Rosillo, commented, "On behalf of the entire
dedicated team here at HempAmericana, I wish to thank
our tremendously
committed shareholder base for staying the course as
this complex process has unfolded. It's been
quite an adventure, but the payoff is finally on the
way."
In
addition, HempAmericana
is now in the
process of closing on the purchase of
its
high-potency
strain development farm
property. The first wave of hemp
seedlings is
already being cultivated in preparation for
mass
planting
in several
weeks.
As noted in its
press release dated April 12, the Company has also already secured a minimum
supply allocation of hemp stock estimated to
yield as much as roughly 106,250 lbs of
high-quality hemp flower as input stock for the fall
(or as much
as $20M in total sellable CBD Oil production, according to current
market pricing for 99%-pure high-potency CBD Oil
products).
Management
believes the Company is now on course for the next phase of
the process, including initial bottling
and
distribution of super high-quality,
high-potency
CBD Oil.
Mr.
Rosillo
continued, "This is the moment
we have
been so eagerly
awaiting for the past year. The Vitalis commissioning
team was beyond exceptional in
terms of
performance and
professionalism. With this machine now installed
and operational, we are finally open for
business here in Augusta!"
About HempAmericana, Inc.
HempAmericana is
currently in the rolling paper and CBD oil business using the brand
name Weed Got Oil. Search Rolling Thunders hemp papers on YouTube
for a product demonstration of the Company's papers. The company
owns an extraction machine and now plans to become a leader in the
CBD oil market by establishing three laboratories for the
extraction and research of the oils contained in the hemp plant.
HempAmericana also researches, develops and sells products mad of
industrial hemp. See more at http://www.HempAmericana.net.
Safe Harbor
Provision Cautionary statement for purposes of the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995:
Information in this news release contains forward-looking
statements that involve risks, uncertainties and assumptions. If
such risks or uncertainties materialize or such assumptions prove
incorrect, the results of the Company and its consolidated
subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements. Risks,
uncertainties and assumptions include the execution and performance
of contracts by the Company and its customers, suppliers and
partners. Please also review Hemp Americana annual and quarterly
financials for a more complete discussion of risk factors. The
Company disclaims any obligation to update or revise statements
contained in this news release based on new information or otherwise. This
communication shall not constitute an offer to sell or the
solicitation of an offer to buy securities nor shall there be any
sale of these securities in any state in which such solicitation or
sale would be unlawful prior to registration or qualification of
these securities under the laws of any such state
Contact:
HempAmericana.net
Salvador
Rosillo
HempAmericana,
Inc.
Phone: (888)
977-7985