360 Civic Center Drive in Augusta, Maine
HempAmericana Issues
New Letter to Shareholders
They research, develop, and sell products made of industrial hemp. Some products include: Nutrient-Packed Hemp Hearts, High Quality CBD Oils, and Rolling Papers.
Dear Valued Shareholder,
Today is 30th day that we have been working with OTC Markets Group (the “OTC”). We value that process and relationship very highly and will continue to work side-by-side with them to satisfy all outstanding issues and comply with all requests.
As previously announced, HempAmericana has hired an audit firm and begun the process of a one-year audit to comply with the standards for a tier uplisting onto the OTCQX exchange. We hope to complete this process over the next thirty 30 days. We plan to then undertake the two-year audit process for a further tier uplisting onto the OTCQB exchange.
On the operational side, we are awaiting the arrival of the Vitalis team (https://vitaliset.com/) here in Maine as we get set to launch our R-200 high-capacity supercritical CO2 CBD Oil extraction unit. We are also eagerly anticipating the arrival of our new Gilson CPC 1000 centrifugal partition chromatography separator system. We now stand on the precipice of initial production of the highest grade CBD Oil on the market today.
Construction is coming along at our primary facility in Augusta. However, due to the multiple nor’easters that hit the coast in succession followed
by heavy snowfall, the timeline was set back slightly. That said,
we continue to make good time and construction is fully
back underway.
Original Press
Release
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