Covering HempAmericana Inc (OTCMKTS:HMPQ) is a first for us today here on Street Register, and when that happens we like to rely the company’s synopsis of its business before breaking down recently published press.
HempAmericana is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil. The Company also plans to become a leader in the CBD oil market by establishing a laboratory for the extraction and research of the oils contained in the hemp plant. HempAmericana also researches, develops and sells products made of industrial hemp. This week it has been announced that in an upcoming interview, the head of the company will go over its plans with investors particularly attuned to the rapidly growing cannabis space.
During his Q&A with CANNAINVESTOR Magazine, HempAmericana Inc (OTCMKTS:HMPQ) CEO Salvadore Rossillo discusses the finalization of this approval and its implications regarding the company’s expected rapidly increasing footprint on the CBD market. With this machine installed at the new facility, the company’s productive capacity will support a major expansion as the company scales.
The cannabidiol (CBD) market is estimated to grow by 700% by 2020, according to Forbes. A new report by market intelligence firm Hemp Business Journal projects that the CBD market will grow to $2.1 billion by 2020, representing a powerful jump in value compared to last year’s CBD market of $202 million. The report continues to paint an even more bullish picture, projecting a $3 billion CBD market by 2021.
HempAmericana, Inc. will be the featured cover of CANNAINVESTOR Magazine with a 24-page company profile. Following the release of the August/September edition of CANNAINVESTOR Magazine, HempAmericana, Inc. will be a featured 24-page spread in CANNAINVESTORS HUB Magazine to be released this Friday, September 8th, 2017. In addition, HempAmericana, Inc. will present on the Company’s recent activities on the CANNAINVESTOR Webcast on Thursday, September 14, 2017, at 4 PM EDT. “I am very excited to be able to share the success of our company with such a wide audience such as Cannabis Investor Magazine and Canna Investors Hub Magazine. Being able to vocalize our achievements, contracts and success is what is most important to our shareholders,” said CEO Salvadore Rossillo.
CANNAINVESTOR Magazine is a monthly subscription based digital magazine with an exclusive focus on Cannabis finance that delivers convenient insights on publicly-traded and privately-held cannabis companies through informative articles, company profiles, and market trends that inform and educate investors; attracting inquisitive, highly engaged digital audiences around the globe.
The CANNAINVESTOR Webcast is held online monthly. The webcast will include 45-minute live presentations and Q&A by senior executives of privately-held and publicly-traded industry companies. The webcast increases presenting companies, international and domestic exposure to individual investors, institutional investors, analysts, media, and consumers. In addition, the webcast gives the audience a convenient and inexpensive way to research privately-held and publicly-traded industry companies. (Source: Marketwired)
It will be interesting to see the kind of exposure the company receives from appearing on the CannaInvestor webcast, which has facilitated visibility for many companies in the field. We’re also interested in the chart, which underwent a huge run last fall. Another seasonal boost for the cannabis industry could see the stock make some solid gains from present pricing. Stay locked to Street Register for updates, and we’ll deliver important developments on HMPQ as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in HMPQ stock, short or long.