HempAmericana Signs Strategic Deals in Maine, New York
By Modupe Gbadeyanka
HempAmericana, researcher, developer, and wholesaler of industrial hemp products and imminent market share leader in the CBD oil market announced that it has signed two major strategic partnerships with companies in Maine and New York.
The Maine partnership will develop a unique CO2, supercritical, low temperature, super fluid oxygen extraction machine. The partnership will invest hundreds of thousands in the new one-of-a-kind extraction machine that will have a 200+ litre capacity.
The New York partnership will consist of 650 acres of land for growing hemp, with two acres already planted. The property also includes a 50,000 square foot facility in which HempAmericana will operate an onsite extraction lab.
“The CBD market is a $130 million market and growing fast, there currently is a tremendous backlog of demand as oppose to production.” states Company CEO, Salvador Rosillo. “We’re lowering our cost and increasing margins by shifting production from international to domestic. We plan on capturing a significant market share of the extraction business by scaling our extraction lab model to all 50 states and making them accessible to domestic and international companies. “
HempAmericana is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil.
Search Rolling Thunders hemp papers on Youtube for a product demonstration of the Company’s papers.
The company now 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.