Bougainville Ventures Hires Processing Company to Process the First 1,700 lbs of Hemp
July 11 2019 - 2:00AM
BOUGAINVILLE VENTURES INC. ("Bougainville" or the
"Company") (CSE: BOG) (8BV-FF:Frankfurt Stock
Exchange) - The Company is pleased to announce that
it has hired a mobile processing company to travel to Portland
Oregon from Washington State to process last year’s hemp crop. The
total amount to be processed is approximately 1,700 lbs of bio-mass
and should take about 5 days to process. The anticipated the value
of the crop is $250,000 USD.
Andy Jagpal, President Comments:
“This is a great day and milestone reached by our company. Not
only have we completed on our LOI with Worm Casting, and planted a
successful second crop for 2019, but we are in the midst of
reporting revenue this year by processing last year’s crop. The
estimated value is expected to be $250,000 USD and could be
reported as early as the 4th quarter of 2019. To be reporting
revenue only after a year of trading is quit the accomplishment for
a junior company. Also, the relationship we have established with
the mobile processing company will also be able to process this
year’s harvest as well.”
Please visit the link below to view a video of the Oregon Hemp
Farm:
https://www.youtube.com/watch?v=_bKmnw55GcE&feature=youtube
About Mobile ProcessorThe extraction company
has a mobile extraction laboratory and extractor to service the
cannabis sector. The type of services which can be
performed on these mobile platforms include: dehydration of
plant material, cannabis grinding, solvent-based extraction and
filtration, fractional distillation, and odor elimination.
About Bougainville Ventures,
Inc. Bougainville Ventures
Inc. is dedicated to rapid growth in production, processing, retail
and branding of cannabis and cannabis related products. Currently
the company provides strategic capital to the thriving cannabis
cultivation sector through ownership and development of commercial
real estate properties. We offer fully built out turnkey facilities
equipped with state-of-the-art growing infrastructure to cannabis
growers and processors. Also, the Company is focused on building a
strong presence in the hemp industry with the objective of
extracting cannabinoids in both Canada and the United States. Along
with our flagship Hemp project in Oregon State and the Greenhouse
campus in Washington state, the Company has proprietary formulas
for cannabis edibles, topical, and tinctures.
On behalf of the Board of Directors BOUGAINVILLE
VENTURES INC.
Andy Jagpal, President and Director
For further information, please contact Andy Jagpal
at info@bougainvilleinc.com. Please note that our Toll free
number has changed to 1-877-517-7816.
http://bougainvilleinc.com/
https://twitter.com/bougainvilleinc
FORWARD LOOKING STATEMENTS: This news release
contains certain forward-looking statements within the meaning of
Canadian securities laws. Forward-looking statements are based on
the expectations and opinions of the Company’s management on the
date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.
The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise.
No regulatory authority has approved or disapproved the
information contained in this news release.
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