Market Overview

HempAmericana Provides Progress Update on CBD Oil Operations

Share:

NEW YORK, July 25, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--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 made 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 

Primary Logo

View Comments and Join the Discussion!