American Hemp Ventures, Inc. (OTC: AMHV) expands Consulting and Grow Operations by 140% in Q1
AURORA, Colo., April 3, 2019
AURORA, Colo., April 3, 2019 /PRNewswire/ -- American Hemp Ventures, Inc. ("AMHV") , has added over 320,000 sq. ft of greenhouse grow operations under management dedicated to seed production during the 1st quarter of 2019. The expanded grow operations represent an increase of approximately 140% over 2018-year end. Total grow operations will now include over 540,000 sq. ft of hemp greenhouses dedicated to the production of AMHV's 4 proprietary high CBD hemp seed cultivars and the associated biomass. Current grow operations are expected to yield over 100 Million seeds per year and an estimated 50,000 lbs. of high CBD biomass.
American Hemp Ventures, Inc.
AMHV's mission is to become the world's preeminent, vertically integrated "seed-to-table" hemp operation. AMHV develops hybrid hemp cultivars that are genetically designed to produce high CBD yields in a wide variety of geographies. We apply our proprietary seed feminization process to further increase crop production as much as 100%.
The Company's subsidiaries have developed deep expertise in hemp-growing techniques and have developed various proprietary hemp cultivars, as well as a proprietary process to feminize hemp seed. The company's operations are focused on sales of hemp seed, hemp bio mass and CBD distillate, a line of CBD infused retail products, as well as providing consulting services and generating royalties from consulting clients.
AMHV currently operates three primary business streams; a) LTC Farms for the growing and cultivation of Hemp for its own account using proprietary seed types, and b) HEMP Consulting Group which provides a turnkey service to farmers and investors wishing to grow Hemp on their own land, and 3) AMHV Wellness that has developed and sells topical and nutritive CBD products for consumers and pets. Our turnkey Consulting service typically generates both consulting fees and a participation revenue.
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