PHOENIX, March 04, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed HempAmericana, Inc. (HMPQ) (“HempAmericana” or the “Company”) an emerging leader in the CBD products market. CEO, Salvador Rosillo, joined Stock Day host Everett Jolly.
To begin the interview Jolly asked Rosillo for an update on the Company’s projects since he was last on the show in October. Rosillo shared that the Company has been developing its CBD oil extraction method that aids in the development of products for anxiety, pain, and other ailments without the effects of THC. “It’s not a medicine, it’s more like a regulator.”, stated Rosillo.
Rosillo explained that the Company wanted to get into the production side of the industry, however received defective machinery. They currently have technicians working on the distillery machines, which has slowed the Company’s progress. However, now the Company is getting back on track towards its goals.
Jolly then asked if the Company has begun processing yet and what the business plan is going forward. Rosillo explained that to really become competitors in the CBD space, they need to be able to process at least 1,200 kilos per day. This is a much larger capacity than the Company is currently able to handle, however they are making strides toward this goal.
Jolly followed by asking what steps the Company will take towards this goal. Rosillo shared that the Company is on the horizon of applying for additional capital to expand, which will allow them to achieve this growth.
In closing, Rosillo shared that the Company is recuperating from previous hardships and is making preparations to expand and become a larger player in the CBD market.
To hear Salvador Rosillo’s entire interview, follow the link to the podcast here: https://upticknewswire.com/featured-interview-ceo-salvador-rosillo-of-hempamericana-inc-otcpink-hmpq-7/.
About HempAmericana, Inc.
HempAmericana is an emerging leader in the CBD products market. The Company owns and operates a high-capacity, state-of-the-art CBD extraction and processing facility located in Augusta, Maine. This facility is armed with a supersized supercritical CO2 extraction system, centrifugal partition chromatography refinement technology, and a mechanized fully-automated CBD bottling system. HempAmericana also owns and operates Union Farm, a high-potency CBD strain development facility located in Union, Maine. The Company’s CBD oil business uses the brand designation, “Weed Got Oil”. HempAmericana also researches, develops, and sells products made of industrial hemp, including a popular brand of hemp rolling papers marketed under the brand name, “Rolling Thunders”. 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.
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Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.