InvestorsHub Logo
Followers 971
Posts 382998
Boards Moderated 6
Alias Born 06/24/2011

Re: None

Thursday, 09/21/2017 12:24:29 PM

Thursday, September 21, 2017 12:24:29 PM

Post# of 640523
$HMPQ NEW YORK, NY--(Marketwired - Sep 14, 2017) - HempAmericana, Inc. ( OTC : HMPQ ) is pleased to announce the purchase of a new 200-liter Supercritical CO2 Extractor machine as a critical step in the Company's planned ramping of new operations at its Maine facility. The purchase is part of the Company's 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. 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 world's 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. HempAmericana, Inc. (HMPQ) Purchases 200L SuperCritical CO2 Extractor To Begin Mass Production https://finance.yahoo.com/news/hempamericana-inc-hmpq-purchases-200l-120000417.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.