HempAmericana Adds High-Capacity Solvent Recovery System ahead of Company's Commercial Distribution
01 Julio 2019 - 8:26AM
InvestorsHub NewsWire
HempAmericana Adds
High-Capacity Solvent Recovery System
ahead of
Company's Commercial Distribution
NEW YORK, NY -- July 1, 2019 --
InvestorsHub NewsWire -- HempAmericana,
Inc. (OTC:
HMPQ) ("HempAmericana"
or the "Company"), an emerging leader in the CBD
products market, is excited to announce the purchase and imminent
delivery of
a 100-liter
solvent recovery system, the Ecochyll X7 High Speed
Evaporator,
that represents a 400% increase in evaporative capacity for the
Company's production line
technology. The move comes as the Company
kicks off its principal commercial distribution
operations.
"Proper Solvent Recovery is
one of the most
important keys to increasing margins in CBD production
because it
not only removes the ethanol from the process prior to
distillation,
but recovers it for future use," noted HMPQ CEO,
Salvador Rosillo.
Management notes that
chemical
solvents (such as butane, hexane,
ethanol, propane, and isopropyl alcohol, all used in cannabis extraction
processes) can be prohibitively
expensive, making solvent cost a major
factor determining long-term viability in the CBD production
space. The
Company's investment in a top-tier high-capacity solvent recovery
system should pay for itself in the near term
and then
to positively
impact HempAmericana's
margins for years
to come, further entrenching the Company as an emerging
Company in the
rapidly growing CBD marketplace.
The machine, purchased from ECODYST, a premier manufacturer
of
Solvent
systems, is
currently in the manufacturers
production
queue
and is
expected to arrive
at HempAmericana's
CBD extraction and
production facility in
Augusta,
Maine, in the coming weeks. Representatives
from the manufacturer will aid in installation and
on-boarding of the
machine, and
the Company anticipates a prompt integration of the new
technology into operations.
Mr. Rosillo stated, "This machine is the punctuation
mark on the production line we have assembled, and will play
a significant role in driving bottom-line
profitability in the quarters ahead. The timing couldn't be better,
as we get set to begin commercial distribution just as the new
Cannabidiol and Marijuana Research Expansion Act picks up steam in
the US Senate, shining an even brighter spotlight on the shining
gem that is the CBD market in America."
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. Hemp 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 obligaton 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.
Corporate
Contact:
HempAmericana.com
Salvador Rosillo
HempAmericana, Inc.
Phone: (888) 977-7985
Press & Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.Com
(626)
MJ-BRAND
HempAmericana (CE) (USOTC:HMPQ)
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