Very good to see AMHV reporting that the company has met all its compliance requirements and successfully completed the PCAOB Audit.
From the announcement:
American Hemp Ventures, Inc. (OTC: AMHV)
Completes 2018 PCAOB Audit
PRESS RELEASE
Aurora, CO (May 14, 2019) – American Hemp Ventures, Inc. ("AMHV") symbol
AMHV. Following AMHV’s successful reverse merger in 2018, the firm completed it’s 2018 PCAOB audit and has been found to be in full compliance of all the standards of the PCAOB. This marks the next step in the planned process of AMHV to file its Form 10 with the intent to uplift to the OTCQB. AMHV’s 2018 audit confirmed operational revenues of $2,134,145. After adjusting for overhead, actual operating profits for 2018 were $607,074.
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.
