NEW YORK, March 26, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – HempAmericana, Inc. (OTC:HMPQ) (“HempAmericana” or the “Company”) is excited to announce that the Company is the feature story in a new special edition of CannaInvestor Magazine. HempAmericana is covered in detail over a 26-page spread that delves substantively into many of the key steps that have been taken by the Company over the past year as it navigates the transition to becoming one of the top high-capacity producers of high-quality CBD Oil in the eastern US market.
The Special Edition of the magazine is available to a select list of subscribers, including stockbrokers, registered representatives, investment advisors, and active traders, but may be accessed by clicking on this special invitational link: https://joom.ag/Ri5Y.
"The anchors have been lifted off our company and stock. We have no bank debt and we’re virtually debt-free with the exception of one friendly investor. In the future, we will be committed only to pursuing non-dilutive and non-toxic financing. Now we’re ready to move forward. We recently retained an accounting firm and we’re in the process of a one-year audit and up-listing to the OTCQB. In addition, we’re installing new extraction equipment, completing construction of our Augusta, Maine facility, expanding focus on M&A in high-growth areas, and increasing our investor relations outreach by communicating our new vision to investors," said Salvador Rosillo, HempAmericana CEO.
The Company is currently wrapping up final construction activities at its high-capacity processing and extraction facility in Maine, where it has already received delivery of most key capital equipment. With primary supply and distribution partners already in place, once the facility comes completely online, full-scale production is expected to ramp up quickly.
Once operations in Maine are proceeding as planned, and the Company has completed its audit and secured an uplisting to a higher tier on the OTC, management expects to begin initial planning for several other regional CBD Oil extraction and processing facilities given the Company’s strong financial position at this stage.
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