$HMPQ NEW YORK, NY--(Marketwired - Jul 26, 2017) -

$HMPQ NEW YORK, NY--(Marketwired - Jul 26, 2017) - HempAmericana, Inc. (OTC PINK: HMPQ) -- The company is proud to announce that it has entered into negotiations with an extremely qualified group of engineers in the Northeast to set up the first Hemp Extraction Laboratory utilizing its recently purchased extraction machine. Company CEO, Salvador Rosillo stated, "This is an ideal situation for us, where we bring our machine and marketing know-how, and the other party is experienced in the lab process for extraction into hemp oil." He further stated, "This is a joint venture where both parties bring strengths that the other party doesn't have, and we hope this is the first of many labs we set up." The company hopes to have negotiations wrapped up and have a Joint Venture document executed shortly, which is when the company will disclose further details. The market for CBD Oils is just beginning and the company is excited to be involved at such an early stage and hopes to grow with the market over the next decade.