Hemp Technology Inc. Announces Filing of Quarterly Financial Report

 

Los Angeles, CA -- September 21, 2020 -- InvestorsHub NewsWire -- Hemp Technology Inc. (HPTY: OTCBB), ("HPTY"), a vertically integrated, publicly traded holding company operating a diversified portfolio of subsidiary companies in the Hemp related industry announces the filing of its condensed interim consolidated financial statements, MD&A and related CEO and CFO certificates for the three month period ended July 31, 2020. These documents can be found under the Company's profile at www.sec.gov.

Total Revenue for the three months ended July 31, 2020 was $982,365 with an income of $212,689, as compared to ($105,054) loss for the same period in 2019.

Hemp Technology Inc. operates and intends to further obtain a diversified portfolio of subsidiary companies. With a variety of assets, products, and ancillary offerings in the hemp and related industries, the Company's fluid business model is positioned to capitalize on, and quickly adapt to, changing market conditions.

The Company is continually seeking growth opportunities and strategic acquisitions that support its vertically integrated business model and maintain alignment with the dynamic industry environment. HPTY has employees/consultants, operations, and subsidiaries in the hemp, and ancillary product industry in both Canada the US and Europe. The company has broad experience with supply chain networks and distribution frameworks in hemp and related product supply, packaging supply, and accessory supply.

About Hemp Technology Inc.

A vertically integrated, publicly traded holdings company, Hemp Technology Inc, (HPTY:OTCBB) operates and intends to further obtain a diversified portfolio of subsidiary companies. With a variety of assets, products, and ancillary offerings in the hemp and related industries, HPTY's fluid business model is positioned to capitalize on, and quickly adapt to, changing market conditions.

The Company is continually seeking opportunities and strategic acquisitions that support its business model and maintain alignment with the dynamic industry environment.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

 

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For more information, please contact:

 

Inquiries and Investor Relations

1.437.230.7399

ir@hemptechinc.com