HempAmericana Signs LOI with Smart Decision for CBD-based Algorithmic Product Recommendation System in $23B Market
November 20 2019 - 9:05AM
InvestorsHub NewsWire
HempAmericana Signs LOI with
Smart Decision for CBD-based Algorithmic Product Recommendation
System in $23B Market
NEW YORK, NY -- November 20,
2019 -- InvestorsHub NewsWire -- HempAmericana,
Inc. (OTC:
HMPQ) ("HempAmericana"
or the "Company"), an emerging leader in the CBD products market,
is excited to announce that it has signed a Letter of
Intent (LOI) with Smart
Decision,
Inc. ("SDEC"), an emerging leader in the CBD
products market, to market and recommend
HempAmericana
products on
the Company's
algorithmic affiliate marketing platform.
Salvador Rosillo, CEO of HempAericana, stated, "We're excited to have the
opportunity to work with Smart Decision.
Our
operations and CBD
manufacturing processes are a natural fit for Smart
Decision's unique marketing Platform. in the CBD space.
CBDSmartDecision.com will be the first company that
has
HempAmericana's
permission to
recommend and market their product on the affiliate
level. This strategic move for our company puts us on the right
path of success for our shareholders"
Specific terms of the deal
will be
disclosed
in ensuing
communications.
Management believes that
mainstream consumer adoption of CBD products represents a tailwind
set to push overall CBD sector growth in the quarters ahead.
Brightfield Group joins in this appraisal, noting that 2019 alone
is expected to show growth of over 900% as mainstream big-brand
retailers – such as Kroger's, Walgreens, Walmart, Rite-Aid, and
others – begin to carry CBD products in plain sight of browsing
consumers.
This dynamic has helped raise
awareness of the health benefits now being attributed to CBD, which
has become known for its ability to help treat minor issues such as
headaches and inflammation as well as contributing in care for more
serious ailments, such as cancer, epilepsy, and multiple
sclerosis. the growth rate for the overall
CBD-based products market has been accelerating during the second
half of 2019. According to research from MRFR, the global CBD
market is estimated to register a stunning CAGR of 125% from 2019
to 2026.
Mr. Rosillo continued, "We expect
our
products to
provide a
steady stream of orders base for years to come
and look forward to
a long
relationship for years to come. We have many more partnerships for
distribution as well as a move into Private Labeling and
productions for many well-known CBD companies in the market
today."
Adam Green, CEO of Smart
Decision, stated, "Hemp Americana's operations and CBD
manufacturing processes are both unique and truly impressive. Hemp
Americana's CEO, Sal Rosillo, is a visionary in both the
Cannabis and CBD space. We expect HempAmericana products to
provide our company with a steady commission base for years to
come."
About HempAmericana, Inc.
HempAmericana
is an
emerging leader in the CBD products market. The Company
owns and
operates a
high-capacity, state-of-the-art CBD extraction and processing
facility located in Augusta, Maine. This facility is armed with a
supersized supercritical CO2 extraction system, centrifugal partition
chromatography refinement technology, and a mechanized
fully-automated CBD bottling system. Hemp. The Company's CBD oil business
uses the brand designation, "Weed Got Oil". HempAmericana
also researches, develops, and sells
products made of industrial hemp, including a popular brand of
hemp rolling papers marketed under the brand name, "Rolling
Thunders".
See more at www.hempamericana.com.
About Smart
Decision, Inc.
Having already created an LED
algorithm to help consumers select the right LED bulbs for
their needs, Smart Decision Inc. is hard at
work in developing their Patent Pending CBD algorithm for the same
purpose. Finally, the confusion of figuring out "Which CBD is the
right choice for me?" will soon be coming to an end! CBD has
recently become a phenomenon for consumers that are looking to heal
from various ailments. Examples include Migraine Headaches, Pain,
Anxiety, Acne, High Blood Pressure, etc. Consumers are raving about
the results. However, there remains one stumbling block when it
comes to selecting the right CBD products for your needs -- That's
where Smart Decision Inc. comes in. We are creating a simple and
approachable algorithm to help guide consumers to choose the best
CBD for needs. With our upcoming CBD Smart Decision plug-in,
consumers will now be able to answer a handful of simple questions
that will help direct you in the right direction. The days of
confusion in selecting the right CBD for your needs are coming to
an end! Smart Decision Inc. will bridge the gap between those
selling CBD products with consumers that are looking for the best
CBD for their needs.
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 obligaton 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.
Corporate
Contact:
HempAmericana.com
Salvador Rosillo
HempAmericana,
Inc.
Phone: (888)
977-7985
Press &
Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.Com
(626) MJ-BRAND
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