Tuesday, June 05, 2018 10:48:57 AM
HempAmericana Begins Bottling and Distribution Phase for 99% Pure CBD Isolate Production
Published: May 17, 2018 9:03 a.m. ET
NEW YORK, May 17, 2018 (GLOBE NEWSWIRE via COMTEX) --
Via OTC PR Wire - HempAmericana, Inc. HMPQ, -4.84% ("HempAmericana" or the "Company") is excited to announce that it is in the final testing stage of specialized bottling equipment installation at its new fully operational state-of-the-art CBD Oil extraction and production facility in Augusta, Maine.
The Company's new hi-technology bottling system has been designed and constructed to rapidly fill and cap a generic CBD Oil product. With testing now effectively complete, management anticipates that the device will be delivered, installed, and fully operational within 90 days.
In addition, further to its release of May 10, 2018, wherein the Company announced the imminent commencement of activities associated with the production of 99% pure CBD Isolate, HempAmericana now reports that it is in talks with potential bottle distribution partners and plans to use its primary processing and extraction facility in Maine as a production hub for refined CBD Oil products available for distribution under brand designations associated with its contracted customers.
CEO Salvador Rosillo stated, "We are extremely excited to kick the second phase of production into gear and expect this critical new equipment to act as the final piece of the puzzle, connecting us to our partners, clients, and customer base."
As previously announced, the Company has already acquired an initial supply of 4,000 lbs of high-quality hemp flower for processing, and expects revenues from this initial supply in excess of $1mm over the near term, with late-stage negotiations nearly complete for ample additional supply to fuel continued production through year-end.
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 mad of industrial hemp. See more at http://www.HempAmericana.net.
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