NEW YORK, NY / ACCESSWIRE / April 21, 2016 / HempAmericana, Inc. (HMPQ) is pleased to announce 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.”
About Blackbridge: Blackbridge Capital, LLC, based in New York, is a leading alternative investment fund focused on high growth investments in small to mid-cap companies. Founded with a vision to forge long lasting relationships, the firm is focused on understanding what their portfolio companies need to accelerate growth, and how investment capital can propel them. For more information, visit: http://www.bbridgecapital.com.
HempAmericana, Inc.: HempAmericana, Inc. is an early stage company in the research, development and marketing of industrial and commercial hemp products. In essence anything that can be made with plastic can be made with industrial hemp and HempAmericana plans to fill the growing need and demand for hemp based products. For more information, visit: http://www.HempAmericana.com.
FORWARD-LOOKING STATEMENTS: “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations, and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company’s Securities and Exchange Commission filings under “risk factors” and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.