HempAmericana
CEO Issues Letter on
Shift to Commercial-Stage Operations
New York, NY --
September
10, 2018 --
InvestorsHub NewsWire -- HempAmericana, Inc.-- (OTC:HMPQ)
("HempAmericana" or the "Company") CEO issues the following letter
to Shareholders:
Dear Valued
Shareholder,
Last week, we put out a press
release that represented, for myself
and my team, truly the most exciting moment in
the history of HempAmericana
exciting because of
all the hurdles we have overcome during the past year, exciting
because of the power and scale of the opportunity that lies in
front of us, exciting because we have made it to the edge of
commercial operations with such a tremendous set of ingredients in
place in terms of balance sheet health, a top-tier team, and
a
best-in-class
production facility.
It has been a long and arduous
road, but we are finally now an active producer of
cannabidiol
(CBD), and have a number of sizeable
purchase orders already in the books and already being filled.
For a little background,
our
first
zero-waste
extraction and
production facility located in Augusta, Maine has been constructed
from the ground up to give HempAmericana a genuine marketplace
advantage. We have installed and engaged market-leading
technology designed to maximize the purity and potency of extracted
cannabidiol, including a Vitalis RL-245 high-capacity supercritical
CO2 CBD Oil extraction machine, a Gilson CPC 1000 centrifugal
partition chromatography separator system, and a PLC 2500 HPLC+UV
Detector system.
This equipment, together,
represents a next-generation extraction and processing system
capable of producing 99% pure CBD Oil concentrate in scalable
quantities.
In other words, right now at
HempAmericana, we just "switched on" one of the most advanced
high-capacity CBD Oil extraction and production facilities in the Eastern US
market. And
we have begun to process our initial stock of 4,000 lbs of premium-grade hemp
flower.
As we begin to fully-engage
commercial stage operations, we will have a number of very
exciting new announcements
to
come.
Also, we will be expanding the
HempAmericana brand and organization into other hemp-related
ventures. And we look forward to discussing those plans in greater
detail in upcoming communications.
In addition, as we have
previously
discussed, our
Augusta facility has been established as a pilot program to serve
as the basis for establishing several other zero-waste CBD
extraction and production facilities as soon as this initial
facility has been producing at full-scale for its initial period
with a stable team and optimal results in place. We look forward
to beginning
work on our next site very soon, and our shareholders can
expect updates on this process shortly.
Finally, HempAmericana, along with
its legal
counsel, has been working actively
and
diligently with the OTC Markets Group
(the "OTC")
toward
the removal
of the Caveat Emptor designation at
OTCmarkets.com. The team at the OTC continues to be very
helpful, and
we have complied with all of their requests. Recently, we received
a request for additional information, which we promptly supplied, and it is now our
understanding that this represented the final step toward resolving
this matter.
Most
importantly,
in closing, to our dedicated and supportive
shareholders I would like to say
the
following:
We couldn't have made it here without you, and we have our most
exciting days just ahead of us!
Best
Regards,
Salvador
Rosillo
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
