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HempAmericana Announces High-Capacity CBD Oil Extraction Equipment Arrives On-Site; Fully-Owned Machine has Potential to Catapult Company Into Top-Tier Position
HempAmericana Announces High-Capacity CBD Oil Extraction Equipment Arrives On-Site; Fully-Owned Machine has Potential to Catapult Company Into Top-Tier Position.
About this update from Hemp Americana Inc
[{"type":"text","content":"\n\n NEW YORK, Feb. 27, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--HempAmericana, Inc. (OTC:HMPQ) (“HempAmericana” or the “Company”) is excited to announce the arrival of its new Vitalis R-200 high-capacity supercritical CO2 CBD Oil Extraction machine on-site at its principal extraction and processing facility in Augusta, Maine.\n The R-200 is the base model of the R-Series systems and one of the largest offerings in the Vitalis fleet. Management believes the machine will instantly push HempAmericana into a default leadership position among high-capacity CBD Oil producers in the Eastern US market. Vitalis Co-Founder and COO, Pete Patterson, stated, \"Now that they've received their equipment, we're excited that HempAmericana has officially joined the distinguished group of Vitalis Equipment owners. We're looking forward to seeing the copious amounts of cannabinoid oil that Genesis (the R-200-S) will be creating. Happy extracting, team!\" Management notes that the Company has already heavily invested in the process of lining up suppliers, distributers, and marketing channels for its CBD Oil operations. With the arrival of this new piece of top-tier equipment now on-site and scheduled for installation, high-capacity extraction and production activities can begin on schedule. HempAmericana CEO, Salvador Rosillo, commented, “We have been waiting for this day to come for over 8 months. We finished paying for the machine in Q4 of last year and set our sights on being ready by the end of Q1 to rev up operations at what we believe represents a best-in-breed extraction and processing operation at our Augusta site. At this point, everything is on track to meet that deadline and we couldn’t be more excited about what lies ahead for HempAmericana!” The Company has been moving through a top-down pivot process for the better part of the past year as it gears up for a high-capacity producer role in the $2.1 billion CBD Oil marketplace in 2018. Niche analyst research has consistently demonstrated a powerful growth curve in this space, with estimates for CBD Oil market growth ranging from 650-700% over the next 3 years according to numerous industry research reports. About Vitalis Extraction Technology, Inc. Vitalis Extraction Technology Inc.© (Vitalis) is a Kelowna-based engineering and manufacturin...