Los Angeles, CA -- October 19, 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 a Schedule 14A Proxy Statement. These documents can be found under the Company's profile at www.sec.gov. 

We are pleased to announce in the above referenced Schedule 14A, Proxy Statement, notice of our Annual Meeting of Shareholders, to be held virtually on November 12, 2020.

Verified Shareholders of record effective October 7, 2020, will be entitled to vote on-line and attend the telephone meeting by registering at www.hemptechnologyinc.com/registration on or before November 6, 2020.
The meeting will be held for the following purposes:
 
1. To elect three (3) directors, who are already directors of the Company;
 
2. To approve an amendment to our Certificate of Incorporation to effectuate a reverse split of our 44,029,197,258 issued and outstanding shares of common stock where the total and issued outstanding common shares does not exceed 20,000,000 shares, with any fractional shares that would otherwise be issuable as a result of the reverse split being rounded up to the nearest whole share (the “Reverse Stock Split”).
 
3. To consider an advisory vote on executive compensation;
 
4. To consider an advisory vote on the frequency of the advisory vote on executive compensation;
 
5. To ratify the selection of MNP, Member of Praxity. as the Company’s independent auditor for fiscal year ending April 30, 2021; and
 
6. To transact such other business as may properly come before the Annual Meeting.
 
Only shareholders of record at the close of business on October 7, 2020, are entitled to notice of, and to vote at, this meeting.
 
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