HempAmericana Gears Up for Booming Industrial Hemp Export Market
April 13 2018 - 12:49PM
InvestorsHub NewsWire
HempAmericana Gears Up for Booming
Industrial Hemp Export Market
New York, NY -- April 13, 2018 -- InvestorsHub
NewsWire -- HempAmericana, Inc. (OTC: HMPQ) (“HempAmericana” or
the “Company”) is excited to announce that it has begun to actively
explore international distribution partnerships as the Company
gears up to take advantage of booming global demand growth for
Industrial Hemp. The move comes as the Company nears the imminent
launch of full-scale production activity at its new,
state-of-the-art Industrial Hemp extraction and processing facility
in Augusta, Maine.
Management believes that one major factor
driving accelerating demand for Industrial Hemp exports from N.
America to large international markets is poor domestic production
in countries like Germany. Because of slow legal progress, Germans
plan to support one of the fastest growing consumption markets
almost exclusively on imported Industrial Hemp. According recent
press, the EU’s largest economy expects to rely on imports to meet
hemp demand for at least another decade.
That represents an enormous opportunity for new
producers like HempAmericana. Canadian Industrial Hemp producers
have already seen this surge pay off, with exports rising by 300%
last year alone, driven by expanding demand from Europe, Australia,
and South America.
HempAmericana CEO, Salvador Rosillo, commented,
“This is one of the reasons we have moved so rapidly to ramp up
high-capacity production activities early this year. Domestic
demand growth is booming, but so is the export potential. We plan
to be a major player on both levels, and to be the market leader in
potency and quality along the way.”
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 http://www.HempAmericana.net.
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
Contact:
HempAmericana.net
Salvador Rosillo
HempAmericana, Inc.
Phone: (888) 977-7985
HempAmericana (CE) (USOTC:HMPQ)
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