HempAmericana, Inc. (OTC Pink: HMPQ) is engaged primarily in the CBD oil and rolling paper businesses, which operates under its brands Weed Got Oil and Rolling Thunders. Shares of the industrial hemp products company is skyrocketing 90.48%, through early trading on Monday, May 13, 2019. Over the past month, HempAmericana has seen average daily volume of 5.54 million shares. However, volume of 66.16 million shares or dollar volume of $793,920, has already exchanged hands through early trading on Monday.
Shares HempAmericana are soaring on Monday, after the company announced that it has launched bottling efforts of its 500mg and 1000mg full spectrum CBD distillate within its Augusta, Maine facility. Initial production efforts will be able to produce 2000 bottles per day with eventual upgrades capable of increasing production to 8000 bottles per day. The new CBD product will be housed under the Weed Got Oil brand. Here is the full press release detailing of the CBD bottling efforts:
HempAmericana, Inc. Press Release:
NEW YORK, May 13, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — HempAmericana, Inc. (OTC: HMPQ) (“HempAmericana” or the “Company”) is pleased to announce that it has commenced bottling 500mg and 1000mg full spectrum CBD distillate in the Company’s Augusta, Maine laboratory.
The inaugural production will be to produce 2000 bottles per day with a gradual increase to 8000 bottles per day to fill demand. The CBD distillate will be distributed under HMPQ’s proprietary brand, “Weed Got Oil”.
CEO Salvador Rosillo states: “After so many struggles, we have been able to prevail and we are now officially in production of this incredible product. I am extremely grateful to the HMPQ team and to all of the shareholders that have stayed the course with us during the travails we had to surmount to get here. We can now see the light and are grateful for your patience and support. We are a real company, bootstrapping operations and our laboratory features extraction equipment including a supercritical C2 extraction machine. We look forward to providing you with several updates over the coming weeks.”
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 made of industrial hemp. See more at www.hempamericana.com
Safe Harbor Provision Cautionary statement for purposes of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties, and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties, and assumptions include the execution and performance of contracts by the Company and its customers, suppliers, and partners. Please also review Hemp Americana annual and quarterly financials for a more complete discussion of risk factors. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise. This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such solicitation or sale would be unlawful prior to registration or qualification of these securities under the laws of any such state.
Source: SpotLight Growth Canabis
HempAmericana, Inc. (OTC Pink: HMPQ) Skyrockets 90% After Launching Bottling Operations of its Full Spectrum CBD Distillate at its Maine Facility
SpotLight Growth Canabis