HempAmericana, Inc. (HMPQ)
Purchases 200L SuperCritical Co2 Extractor To Begin Mass
Production
On The Heels of The Launch of New Operations in Maine,
HempAmericana Launches Multi-Million Dollar Initiative
NEW YORK, NY -- (September 14, 2017) - HempAmericana, Inc --
InvestorsHub NewsWire -- (OTC
PINK : HMPQ) is pleased to announce the purchase of a new
200-liter Supercritical C02 Extractor machine as a critical step in
the Companys planned ramping of new operations at its Maine
facility. The purchase is part of the Companys strong multi-million
dollar initiative as it assumes an emerging leadership role in the
high-capacity production of supercritical CO2 extracted CBD
products. The Company has purchased this machine under conventional
bank financing.
The massive 200-liter machine was purchased from Vitalis
Extraction Technology, Inc., and represents the largest machine
ever produced by the company, with an unmatched productive
capacity. HempAmericana, Inc. is expecting a financial yield of
between $100k to $150k in revenues per week from initial
operations. However, it may not be long before those numbers are
dwarfed by the productive yield of this enormous machine once it
has been ramped up to full capacity. According to Company models,
shareholders could reportedly benefit from an acceleration in
top-line returns to an upside limit approaching $700k per week.
The total purchase price of the machine was $672,000 and has
been purchased under conventional bank financing. HempAmericana,
Inc. placed 20% down on the 200L Supercritical C02 Extractor and
the remainder of the purchase will be handled as a self-liquidating
liability given the high expected pace of returns and the
remarkable demand already coming in from local landowners. In fact,
the Company has reportedly already received requests from
surrounding farms to process over 100,000 acres of land once the
machine is online in November.
Other leading firms involved in large-capacity supercritical CO2
extracted CBD products have reported recent purchases of machines
topping out capacities not greater than 100 liters in volume. The
purchase of this mega machine is something we have been planning
for so long and we have finally been able to achieve this
tremendous goal! Once our new facility is up and running at full
capacity, HempAmericana may have the honor of becoming the worlds
largest leading producer of premium quality supercritical CO2
extracted CBD products, said Salvadore Rossillo, CEO.
The move represents a dramatic rise to prominence in the CBD
market for the New York-based company. However, investors should
expect continued expansion just ahead: the Company has also issued
and signed a letter of intent (LOI) to take over a 10,000 square
foot state-of-the-art facility located on a large multi-acre hemp
farm. HempAmericana executives expect to have a full lease
agreement executed for the facility within the next 60 days.
About:
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 made of industrial hemp. See more at http://www.HempAmericana.net.
Safe Harbor:
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:
Pierre Petard
888 977 7985
info@hempamericana.net