HMPQ increases its rate of production of CBD-based products in response to stronger than anticipated ecommerce demand following the full launch of its online sales portal.
The Company is also excited to report that, due to this strong market response, HempAmericana will be upgrading its ecommerce platform to further amplify its digital presence and drive further growth in sales.
“We have seen a massive market response as we ramp up our initial ecommerce distribution activity,” commented Salvadore Rosillo, CEO of HempAmericana. “It’s working. And our number one concern is delivering shareholder value, which means we are ready and willing to facilitate further expansion through this channel.”
The Company is also very pleased to see powerful steps being taken by lawmakers now pushing for US legalization of cannabis. The House Judiciary Committee approved a Bill on Wednesday that would decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”) passed by a wide margin, 24-10, with bipartisan support.
Company applauds this step, which holds the potential to level the playing field for the cannabis and hemp-related products marketplace, laying a foundation whereby companies in these industries will be treated as law-abiding citizens, gaining access to the infrastructural resources that other industries take for granted, such as the banking system. HempAmericana Announces Significant Increase in CBD Production Following Rapid Inventory Drawdown Through Online Sales Activity
https://www.globenewswire.com/news-release/20...-E.twitter
#CBDstocks
The Company is also excited to report that, due to this strong market response, HempAmericana will be upgrading its ecommerce platform to further amplify its digital presence and drive further growth in sales.
“We have seen a massive market response as we ramp up our initial ecommerce distribution activity,” commented Salvadore Rosillo, CEO of HempAmericana. “It’s working. And our number one concern is delivering shareholder value, which means we are ready and willing to facilitate further expansion through this channel.”
The Company is also very pleased to see powerful steps being taken by lawmakers now pushing for US legalization of cannabis. The House Judiciary Committee approved a Bill on Wednesday that would decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”) passed by a wide margin, 24-10, with bipartisan support.
Company applauds this step, which holds the potential to level the playing field for the cannabis and hemp-related products marketplace, laying a foundation whereby companies in these industries will be treated as law-abiding citizens, gaining access to the infrastructural resources that other industries take for granted, such as the banking system. HempAmericana Announces Significant Increase in CBD Production Following Rapid Inventory Drawdown Through Online Sales Activity
https://www.globenewswire.com/news-release/20...-E.twitter
#CBDstocks
