$HMPQ news alert: NEW YORK, Dec. 11, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – HempAmericana, Inc. (OTC: HMPQ) (“HempAmericana” or the “Company”), an emerging leader in the CBD products market, is excited to announce that the Company is set to launch its online payment processing engine following positive results from the full-spectrum CBD product formula testing recently completed by EVIO Labs (“EVIO”), a best-in-class product testing and accreditation lab located in Berkeley, CA.
These results, all of which confirm that HempAmericana’s products meet the legal limit for sale in the US and abroad, remove all remaining barriers, allowing the Company to begin processing online payments for CBD purchases through its new ecommerce sales portal.
“We aren’t surprised by these test results from EVIO, and we are excited to begin taking online payments and providing our customers with the most convenient path to accessing our best-in-class CBD-based products,” commented Salvador Rosillo, CEO of HempAmericana. “EVIO is the best in the business. Every step of the way, we have opted to place quality ahead of convenience or expediency. And we will continue to conduct this business by the light of that North Star.”
EVIO Labs has full-service testing facilities that allow testing for up to 17 cannabinoids, 66 pesticides, solvents, metals, microbial impurities, terpenes, water activity, moisture content, foreign material, and more. In addition, EVIO uses ultra-high performance liquid chromatography. The Company recently sent seven (7) full-spectrum CBD product formulas for analysis to EVIO, including samples ranging from 125mg to 2500mg in potency.
All samples were tested and received positive results, and the Company is now in full compliance with US and international regulatory standards for online payment processing of CBD products.
Rosillo continued, “With this simple step, HempAmericana is now past the final barrier to fully monetizing our tremendous potential. We have held ourselves to a higher standard. And we strongly believe that strategy is set to pay off for our shareholders. The CBD market continues to track toward accelerating growth to close out the year and in 2020. We have a strong inventory of premium quality products, and now we have no obstacles in the way of aggressive distribution.”
About HempAmericana, Inc.
HempAmericana is an emerging leader in the CBD products market. The Company owns and operates a high-capacity, state-of-the-art CBD extraction and processing facility located in Augusta, Maine. This facility is armed with a supersized supercritical CO2 extraction system, centrifugal partition chromatography refinement technology, and a mechanized fully-automated CBD bottling system. The Company’s CBD oil business uses the brand designation, “Weed Got Oil”. HempAmericana also researches, develops, and sells products made of industrial hemp, including a popular brand of hemp rolling papers marketed under the brand name, “Rolling Thunders”. See more at www.hempamericana.com.