Coming Soon: Pure CBD extracts and infused water from HempAmericana, Inc.
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Last month, we made the announcement that High Times was teaming up with the industrial hemp and CBD oil company HempAmericana. We told you that the company was expanding into the business of full-scale CBD extraction and was building a new facility in Augusta, Maine to accomplish just that. And now, weâre happy to share some exciting new developments about HempAmericana.
HempAmericana Is Closer Than Ever
We caught up with HempAmericanaâs CEO Sal Rosillo for an update about his company. What he shared with us is nothing short of thrilling for both the company and everyone who uses CBD supplements.
He told us that the facility that they are building in Augusta, Maine is almost finished. And, he reiterated, the company was able to pay for the construction in full.
âThere is no bank debt whatsoever,â he says with a ton of pride.
He also gave us an approximate timeline for when the extraction facility will be up and running:
âIn one monthâs time, we should be producing. Weâre ready,â he says. âThe machines are quite delicate. We have special technicians for them to eventually, after we do our own due diligence, to come in and finalize the tuning of the machines.â
âOnce you turn them on,â he adds, âyou donât have to turn them off. The machines run 24/7. Theyâre almost fully automated, but someone has to supervise.â
The machines, according to Rosillo, are of such a superior quality that they can produce CBD oil with âno trace of THC.â
âWe can take out the .003 acceptable percent of THC without altering anything else,â he explains. âOur products will be 100 percent pure because we have these machines to purify the product.â
In addition to having a machine with this kind of pinpoint accuracy, Rosillo also says that they are establishing alliances with farmers in Maine. They are even buying a farm and building greenhouses on it to grow different varieties of hemp and to be able to control the entire process, from seed to finished product.
And speaking of finished products, Rosillo told us that HempAmericana will not be limiting themselves to just producing and selling CBD oil. They also plan on entering the CBD-infused water market.
âWe are in the due diligence stage with a CBD-infused water company that we feel will provide us with a pathway into this explosive CBD water space,â Rosillo says, enthusiastic about the double health impact that CBD-infused water could potentially make. He predicts, though, that the oil will be the bigger seller. For now, at least. A larger water distributor could be in HempAmericanaâs future.
Final Hit:Â HempAmericana Is Making Some Exciting New Announcements
The countdown has begun for HempAmericana. Soon, CBD consumers of all walks of life will be able to purchase the companyâs pure CBD oil and infused water. Since the products are all hemp-derived, they are legal to sell and purchase everywhere in the United States.
Rosillo also says that the company who provided the extraction machine, Vitalis, will be sending a film crew to document the installation process. Itâs a momentous occasion since this is the largest extraction machine that Vitalis has ever produced. (source: https://hightimes.com/business/hempamericana-making-some-exciting-new-announcements/
Meet HempAmericanaâs R-Series Extraction System
THE LARGEST, MOST EFFICIENT MACHINE CAPABLE OF FULL-SPECTRUM EXTRACTION.
Vitalis Extraction Technology announces deal with HempAmericana
Kelowna engineering & manufacturing company supplying extraction equipment to Maine CBD Oil Producer
Vitalis Extraction Technology, recently announced a working relationship with HempAmericana, a Maine-based CBD Oil production company where Vitalis is completing construction and installation of a 200L supercritical CO2 extraction system, delivery scheduled for Q1 2018.
HempAmericana, under the leadership of CEO Salvador Rosillo, had the option to lease but instead chose to purchase the machinery in full, completing payment terms in January 2018. (HempAmericana recently made announcements to their shareholders highlighting the procurement of this industrial-scale extraction system.)
The 200L R-Series extractor, a system capable of processing more than 200lbs of dry product perday, is one of the largest offerings in the Vitalis fleet. With plans to unveil an even higher volume system in late 2018 combined with the most North American deployments of industrial-scale supercritical CO2 extraction machines, Vitalis has become the market leader.
âWeâre excited to be working with HempAmericana, and I enjoyed going through the process with Sal and his team,â commented Vitalis Director of Sales, Rob Murray. âWeâre looking forwardto a great business relationship.â
Vitalis was founded in 2016, engineering, manufacturing and distributing the most sophisticated and highest flowing industrial supercritical CO2 extraction systems in the world.
HempAmericana Inc. (Ticker Symbol:Â Â HMPQ)
About HempAmericana, Inc. â 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 Companyâs 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. Website: http://www.HempAmericana.net
Recent Catalysts & Updates:
HMPQ is nearing production at one of the biggest and most advanced CBD-Oil production facilities on the planet.
HMPQ just reduced outstanding shares by over 2B shares.
HMPQ is expecting delivery of its fully paid-off 200-liter supercritical CO2 CBD extraction system from Vitalis immintently.
HMPQ volume and liquidity has been steadily rising as the company nears the onset of full-capacity CBD oil production.
HMPQ has stated that the company is now projecting initial sales from CBD-related operations in Q1 2018.
HempAmericana to Uplist Shares as Company Seeks to Dominate the $2.1B CBD Oil Market
NEW YORK, March 08, 2018 (GLOBE NEWSWIRE) â via OTC PR WIREâ HempAmericana, Inc. (HMPQ) (âHempAmericanaâ or the âCompanyâ) is excited to announce that it has begun the process of uplisting the Companyâs trading tier with OTC Markets, transitioning shares from the pink sheets and onto the OTCQX exchange. The Company has already engaged a specialized accounting firm with credentials targeting Financial Reporting for publicly traded companies to undertake a comprehensive audit of the Companyâs financial records.
Management strongly believes this move will unleash significant value for HempAmericana shareholders. The Company has begun to establish itself as a premier player in the CBD Oil extraction and processing space â an area of the cannabis sector widely viewed by analysts as possibly the core growth opportunity in the space over the next 24-36 months.
The Companyâs move to uplist shares at this stage comes as it fires up its state-of-the-art Augusta, Maine facility in coming days. With all major equipment paid-for and due to be installed by end of month, the Company is establishing perhaps the leading high-capacity premium CBD Oil facility in the Eastern US market.
Furthermore, as noted in recent communications, the Augusta facility has been established as a pilot project to be followed by several other regional CBD Oil extraction and processing facilities.
Management believes that the added credibility afforded through a full audit process by a well-respected firm followed by an uplisting of shares will afford the Company a wide range of new strategic options as well, including the ability to employ working capital to take advantage of key acquisition opportunities, which could further propel the Company toward a market-dominant position in the CBD Oil boom.
HempAmericana CEO, Salvador Rosillo, commented, âHempAmericana is committed to bringing full transparency to our shareholders. The Company has made tremendous progress over the past year â a landmark year for us on just about every level.
But, as a publicly traded company, the best way to mobilize that progress and translate it into value for shareholders is to engage a competent and trusted third party accounting firm to ratify it through official examination. We look forward to moving up first onto the OTCQX and then the OTCQB.â
Management notes that the audit process will begin next week. From there, the Company believes it will take approximately 60 days to complete the process and uplist shares onto the OTCQX tier.
The Company has researched and understands the OTCQX Corporate Governance guidelines to ensure a successful listing, and plans to quickly satisfy all requirements. Once firmly listed on the OTCQX, HempAmericana will continue the process of a two-year audit for compliance with the Securities Exchange Act of 1934 for fully reporting companies in preparation for a further move onto the highly respected OTCQB tier.
The Company will issue regular updates to keep shareholders apprised of its progress on this front as key steps are achieved.
HempAmericana Inc. (OTCMKTS: HMPQ), as noted above, is taking the final steps in a dramatic journey â a renaissance for the company in many ways â as it navigates operations into the explosive CBD Oil extraction and production market space.
For current and prospective investors, two of the least âsexyâ elements in this equation should actually stand out by contrast to many other companies trying to lay claim to a similar position in the market:
The companyâs cap-ex (industry-leading high-capacity CBD extraction equipment, state-of-the-art facility, logistics solutions) have all been accomplished with no dilution and no debt. Everything has been settled and paid.
The company has actually recently taken steps to dramatically reduce its outstanding share supply (by 2.25 billion shares).
The most important piece of the machinery in this emerging operation will no doubt be the 200-Liter Supercritical CO2 CBD Extraction Machine manufactured by Vitalis Extraction Technology, Inc. â the largest-capacity extraction machine ever manufactured by the leading Canadian industrial extraction technology firm.
HempAmericana will house and run this system in its new 17,000-square foot state-of-the-art facility in Augusta, Maine, which will serve as the Companyâs principal CBD extraction and production operational home in 2018. The siteâs physical layout, geographic location, overall quality, key features, and positioning as a permit-ready facility for the CBD production industry all appear to make it an ideal base of operations.
The Company has also managed to make key strides toward nailing down a distribution network: In its December 11, 2017 press release, management went on record about its current negotiations with multiple high-volume CBD Oil producers in the US. While demand growth suggests this is not likely to be a barrier to monetization, the Company is excited to have a domestic distribution footprint in place before production commences in Maine.
In addition, as covered in its recent December 14, 2017 communication, the Q1 2018 production schedule is on track as the Company has now secured sufficient necessary raw hemp material for initial production activities from the 200 liter extraction machine.
In each case â plant, site, distribution, and supply chain â the Company appears to be on track to âstick the landingâ as an emerging new leader in the rapidly growing CBD extraction and production segment at a time when demand in the space is blossoming into full bloom.
Investors are beginning to notice as well, with shares recently taking flight. Volume and liquidity for HMPQ shares also appear to be in full bloom with average trading interest steadily picking up over the past three months as the company progresses toward the ultimate and fast-approaching goal of bringing full-scale major production activities online.
As noted by HempAmericana CEO, Salvador Rosillo, in a recent letter to shareholders,â
CEO, Salvador Rosillo @ Goshen, NYÂ Hemp plantation (Sept. 18 2017)
âWe truly believe that something special is coming together right now at HempAmericana, and the excitement, engagement, and enthusiasm woven into the fabric of that process is increasingly palpable as we navigate the final steps before production, distribution, and sales begin in earnest.â
Looking ahead, Mr. Rosillo concluded a recent interview by noting that the high-capacity Augusta, Maine plant is âa pilot plant⌠to iron out the kinks.â Once the Maine operation is up and running smoothly, expect to see this company putting down roots in several other regional hubs across the domestic US market.
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