The Shaz Lounge

[Robertscott]

$HMPQ announced that it has begun operations in Maine to extract 100% pure CBD Oil and produce a full spectrum of Supercritical CO2 Extracted CBD Products involving no solvents and no added chemicals. The operations are pursuant to the execution of a Shareholder's Agreement involving Hempwerk, Inc., the Company, and James Black, an expert and innovator in CBD oil extraction machinery with over a decade of experience in the field.

The initial operation is slated to take the form of a 28,000-square foot primary "Zero Waste" facility set on 8 acres, which will be in full operation by November 2017, with its initial 10L Supercritical CO2 extraction machine for CBD Oil extraction along-side multiple machines used for the creation of Hemp plastics, Hemp building materials (such as Hemp fiber and Hemp wood), Hemp fuel pellets (hemp pellets produce around 2% ash), and various other Hemp products. This operation has a multi-phase expansion plan to scale up volume and capacity. Phase one of the expansion is expected to be in place by the beginning of Q1 2018 with the delivery of its 500L Supercritical CO2 extraction machine and will represent a tremendous increase in the scope of production. The Company will pride itself in using all of the Hemp for the variety of items it will produce essentially leaving Zero Waste behind and being eco-friendly on all fronts.

"This partnership in Maine will take HempAmericana to new heights. We will be working around the clock to begin production on all fronts by November and have a steady revenue stream from our Maine operation before the New Year," said Salvadore Rossillo, CEO. "HempAmericana's new Zero Waste operation in Maine is only the beginning, with New York and Kentucky to follow." https://finance.yahoo.com/news/hempamericana-inc-closes-strategic-partnership-120000918.html