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Our Multi-Million Dollar “Industrial Hemp” Play Is…
HempAmericana, Inc. (symbol: HMPQ)
Good Evening,
HMPQ offers an untapped opportunity for near-term returns from the booming hemp industry. Just how big a boom are we talking? Well, US consumers have discovered the benefits of hemp derived products and last year (2015), they spent over $500M on hemp-related products.
Government officials have caught on too and two US senators are sponsoring a bill that will remove all restrictions on hemp farming.
HMPQ has had two important developments that help to boost the company’s profile among investors.
First, the company’s hemp-derived rolling paper has now been rolled out in three additional stores across Florida. This brought the total number of stores selling “Rolling Thunder” rolling paper to 35. During the release, HMPQ confirmed that it is working on two new product categories.
The second big development involved a funding deal that would see $20M worth HMPQ’s common stock flowing to Blackbridge Capital LLC.
Both developments plus the backdrop of strong industry put HMPQ in a very solid position for near-term upside. The play is trading well below its established 12-month high and as you’ll see below, things could get very interesting over the near term.
Company Website: http://www.hempamericana.com/
Blackbridge Capital, LLC Will Buy Up to $20,000,000 of HempAmericana, Inc. (OTC: HMPQ) Common Stock
HMPQ recently announced that the Company recently entered into an agreement with Blackbridge Capital, LLC for the purchase of up to $20 million in securities to bolster the Company's development. HMPQ is looking to develop partnerships with local growers and product developers and to be of service to all dispensaries in North America and beyond.
The Company currently sells 'Rolling Thunders Smoking Hemp Papers' (see demonstrations at this link) and CBD Oils under the brand Weed Got Oil. HempAmericana.com intends to develop into a leading producer of primary and value added secondary hemp-based products.
Blackbridge is set to purchase up to $20,000,000 of the Company's common stock through a Regulation A offering. "I am excited about this opportunity for our company at a time where there is growing demand for hemp products in America," stated Salvador Rosillo, Chief Executive Officer and Founder of HempAmericana, Inc. He further stated, "this infusion of capital into our business will allow us to set the solid foundation for 'HMPQ' to grow with impeccable intent."
Hemp Could Be Legal Across All States Soon As US Senators Sponsor New Bill
U.S. Senators Ron Wyden, D-Ore., Rand Paul, R-Ky., and Jeff Merkley, D-Ore., recently introduced legislation that would allow American farmers to grow and profit from industrial hemp.
The Industrial Hemp Farming Act of 2015 would remove federal restrictions on the domestic cultivation of industrial hemp. The bill would remove hemp from the Schedule I controlled substance list under the Controlled Substances Act of 1970, and would define it as a non-drug so long as it contained less than 0.3 percent tetrahydrocannabinol (THC).
Oregon and Kentucky are among twenty states that have already defined industrial hemp as distinct from marijuana and removed barriers to production. However, under current federal law, farmers in states that allow industrial hemp research and pilot programs must still seek a waiver from the Drug Enforcement Administration or risk raids and seizures by federal agents.
The U.S. is the world’s largest consumer of hemp, but it remains the only major industrialized country that bans farming the product.
“The U.S. ban on hemp farming is an outrageous restriction on free enterprise and does nothing but hurt economic growth and job creation,” Wyden said. “Our bipartisan, commonsense bill is pro-environment, pro-business, and pro-farmer. Congress must act to empower farmers and boost economic activity across the country. As I’ve always said, if you can buy it in Oregon, you should be able to grow it in Oregon.”
"My vision for the farmers and manufacturers of Kentucky is to see us start growing hemp, creating jobs and leading the nation in this industry again,” Paul said. “Allowing farmers throughout our nation to cultivate industrial hemp and benefit from its many uses will boost our economy and bring much-needed jobs to the agriculture industry.”
“Industrial hemp has the potential to fuel jobs and research here in Oregon, and the federal government shouldn’t be standing in the way,” Merkley said.
Senate Majority Leader Mitch McConnell, R-Ky., also cosponsored the bill.
Conduct Research Here: http://www.otcmarkets.com/stock/HMPQ/quote
HMPQ Has Three Major Catalysts
HMPQ is poised to receive greater investor attention as the push for wholesale removal of restrictions on hemp farming takes hold.
HMPQ is experiencing rising daily volatility which gives it greater liquidity for day and swing trades.
HMPQ has a very strong news profile which was capped recently by a $20M funding deal.
Start your research on HMPQ now.
Able Trader
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