HempAmericana
Completes Construction of
High-Potency Seed Augmentation
Greenhouse
NEW YORK, NY
-- June
07, 2018 --
InvestorsHub NewsWire -- HempAmericana, Inc. (OTC:
HMPQ) ("HempAmericana" or the "Company") is excited to
announce the full completion of its new
state-of-the-art greenhouse installation
at the Company's
genetic seedstock augmentation facility in
Maine.
As
previously announced, the Company purchased a seven-acre farm in
February of this year to serve as a base of
engineering
operations
for the
cultivation of a super-high-potency
seedstock to
fuel future CBD production. The greenhouse installation is the
centerpiece of this facility. With construction now complete,
the initial stages of seed development can begin.
"The new greenhouse already houses a number of blue chip hemp strains inside.
We have some
further steps to take. But, overall, we are on schedule in terms
of our augmentation
objectives,"
stated
CEO Salvador
Rosillo. "Since we began targeting the CBD market
early last year, we have remained extremely conscious of the need
to use our
strong financial position to invest in long-term dominance.
The farm is a great example of that vision. This segment is staring at a
context defined by massive growth expectations over coming
years. To
capitalize, we are laying a foundation now to allow this Company
to consistently set the standard
for quality and potency going forward."
The Company will add an additional structure for
cross-pollination activities. Controlled pollination will
be used to cultivate increased CBD potency levels for next season's
planting schedule. The Greenhouse will
be used primarily to provide highly controlled conditions for
initial specimen development before transplantation out into the
facility's
secure fenced-in grow field.
The Company has
already acquired sufficient high-quality hemp flower for processing
for 2018 CBD product yields. With the completion of its seed
augmentation facility, management believes HempAmericana is setting
in motion a process that will pay enormous dividends over coming
years.
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