HempAmericana Begins Bottling And Distribution For 99 Percent Pure CBD Isolate
Welcome to HempAmericana’s May 15th press release titled HempAmericana Begins Bottling and Distribution Phase for 99% Pure CBD Isolate ProductionPress Release
HempAmericana, Inc., ticker symbol HMPQ is excited to announce that it is in the final testing stage of specialized bottling equipment installation at its new fully operational state-of-the-art CBD Oil extraction and production facility in Augusta, Maine.
The Company’s new hi-technology bottling system has been designed and constructed to rapidly fill and cap a generic CBD Oil product. With testing now effectively complete, management anticipates that the device will be delivered, installed, and fully operational within 90 days.
In addition, further to its release of May 10, 2018, wherein the Company announced the imminent commencement of activities associated with the production of 99% pure CBD Isolate, HempAmericana now reports that it is in talks with potential bottle distribution partners and plans to use its primary processing and extraction facility in Maine as a production hub for refined CBD Oil products available for distribution under brand designations associated with its contracted customers.
CEO Salvador Rosillo stated, quote, “We are extremely excited to kick the second phase of production into gear and expect this critical new equipment to act as the final piece of the puzzle, connecting us to our partners, clients, and customer base.” End quote.
As previously announced, the Company has already acquired an initial supply of 4,000 lbs of high-quality hemp flower for processing, and expects revenues from this initial supply in excess of $1mm over the near term, with late-stage negotiations nearly complete for ample additional supply to fuel continued production through year-end.