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Posted On: 01/21/2020 8:12:30 AM
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HempAmericana, Inc. (OTC Pink: HMPQ) ("HempAmericana" or the "Company"
, an emerging leader in the CBD products market, is excited to announce the signing of a Letter of Intent (the "LOI" between HempAmericana and Hempistry, Inc. ("Hempistry", hempistry.com), based in Madisonville, Kentucky. The LOI provides for the shipment from Hempistry of up to 90,000 lbs. of premium hemp flower to HempAmericana's primary extraction and production facility in Augusta, Maine, where it will be processed by HempAmericana and sold as premium Full-Spectrum CBD Oil, with each party receiving 50% of the proceeds. The initial shipment is expected to arrive this week in Augusta Maine, which will be 1,000 lbs. as a test run of the extraction process. https://www.otcmarkets.com/stock/HMPQ/news/st...id=1514571
, an emerging leader in the CBD products market, is excited to announce the signing of a Letter of Intent (the "LOI" between HempAmericana and Hempistry, Inc. ("Hempistry", hempistry.com), based in Madisonville, Kentucky. The LOI provides for the shipment from Hempistry of up to 90,000 lbs. of premium hemp flower to HempAmericana's primary extraction and production facility in Augusta, Maine, where it will be processed by HempAmericana and sold as premium Full-Spectrum CBD Oil, with each party receiving 50% of the proceeds. The initial shipment is expected to arrive this week in Augusta Maine, which will be 1,000 lbs. as a test run of the extraction process. https://www.otcmarkets.com/stock/HMPQ/news/st...id=1514571
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