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HempAmericana Inc (OTCMKTS:HMPQ) On the Radar Following LOI with Smart Decision

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Shares of HempAmericana Inc (OTCMKTS:HMPQ) have been showing some revitalized strength in recent action. Given the company’s strong brand identity as a hallowed name in the hemp sector, we thought it was a good time to take a fresh look. The first thing that should strike interest is the combination of the company’s recent catalysts: First, the company announced a big inventory build of $500K-plus stored up in h-q product, then it announced the launch of a new ecommerce portal, and now the company just signed an LOI to with Smart Decision, Inc. to participate in a cutting edge algorithmic product recommendation system.

This is important because the company has a strong manufacturing process with premium high-capacity supercritical CO2 CBD Oil extraction technology and a next-generation cultivation methodology. Once the inventory of the company’s high-grade product is assembled, all the remains is the distribution phase to monetize. The latest step – being selected to take part in the CBDsmartdecision.com algorithmic product recommendation system – could be a game-changer, which suggests the stock may have some new life in front of it.

HempAmericana Inc (OTCMKTS:HMPQ) bills itself as an emerging player in the hemp-based CBD marketplace. The company also researches, develops and sells products made of industrial hemp, in addition to carrying out other non-hemp based products but intends to focus primarily on the potential for hemp.

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 within the United States. The company also intends to explore other possible business avenues relating to the legal use of the Cannabis plant.

According to company materials, “HempAmericana is an emerging leader in the CBD products market. The Company owns and operates a high-capacity, state-of-the-art CBD extraction and processing facility located in Augusta, Maine. This facility is armed with a supersized supercritical CO2 extraction system, centrifugal partition chromatography refinement technology, and a mechanized fully-automated CBD bottling system. HempAmericana also owns and operates Union Farm, a high-potency CBD strain development facility located in Union, Maine. The Company’s CBD oil business uses the brand designation, “Weed Got Oil”. HempAmericana also researches, develops, and sells products made of industrial hemp, including a popular brand of hemp rolling papers marketed under the brand name, “Rolling Thunders”. See more at www.hempamericana.com”.

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As noted above, HMPQ just announced that it has signed an LOI with Smart Decision to participate in the beta testing stage for the new CBDsmartdecision.com algorithmic product recommendation system.

Adam Green, CEO of Smart Decision, stated, “We’re excited to have the opportunity to work with HempAmericana. Their operations and CBD manufacturing processes are both unique and truly impressive. Hemp Americana’s CEO, Sal Rosillo, is a visionary in both the Cannabis and CBD space. CBDSmartDecision.com will be the first company that has HempAmericana’s permission to recommend their product range on the affiliate level.”

As noted in the release, management believes that mainstream consumer adoption of CBD products represents a tailwind set to push overall CBD sector growth in the quarters ahead. Brightfield Group joins in this appraisal, noting that 2019 alone is expected to show growth of over 900% as mainstream big-brand retailers – such as Kroger’s, Walgreens, Walmart, Rite-Aid, and others – begin to carry CBD products in plain sight of browsing consumers.

Now commanding a market cap of $13.2M, HMPQ holds CBD-based product inventories in excess of $500,000 based on current market pricing for end-market sales of comparable products. Distribution and monetization stand to register major top-line growth data for the company and its shareholders. You can bet we will update this one again as new information comes into view. Sign-up for continuing coverage on shares of $HMPQ stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $HMPQ, either long or short, and we have not been compensated for this article.

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