HempAmericana
Provides Progress Update
on CBD Oil Operations
New York, NY --
July 25, 2018 -- InvestorsHub
NewsWire -- HempAmericana, Inc. (OTC:
HMPQ) ("HempAmericana" or the "Company") is proud to update shareholders and the wider
investment community on the Company's strong
progress toward full-scale production at its CBD Oil operation
in
Maine.
Primary CBD
Oil Production Facility. The Company is
extremely
excited to announce
that it is closing in on full NFPA code compliance at its primary
production facility in Augusta. There are three key issues
involved in this process: Solvent Storage, Biomass Storage, and
Fire Sprinklers:
- Solvent Storage system is already in place and fully
compliant;
- Biomass Storage pallet rack system is
currently being designed before imminent installation;
- Fire Sprinkler
installation will occur in 6-8 weeks
(temporary
occupation of the structure will be granted upon presentation of
the sprinkler system installation contract, which has already been
acquired).
High-potency
Seed Cultivation Facility ("The Farm").
In addition, the
Company is also very excited to report its progress at the Farm. At
this point, the entire fenced-in grow field
is filled to capacity with growing specimens of high-quality Hemp
plants. All plants have already been inspected by the Maine
Department of Agriculture. In addition, the drip
irrigation and fertigation system is fully functioning and working
at optimal levels to maximize grow output.
Salvador
Rosillo, HempAmericana
CEO,
commented, "We are thrilled at the progress
our team has made over recent weeks. At this point, we are fully on
schedule and ready to begin processing, production, and
distribution. The market context remains extremely favorable, and
we look forward to reaping the rewards of all of the hard work,
patience, and investment that it has taken over the past year to
reach such
an auspicious
point."
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