Hemp Naturals signs contract to acquire a commercial property in upstate New York and sets eyes on expanding operations
June 29 2021 - 8:00AM
InvestorsHub NewsWire
Hemp Naturals signs contract to
acquire a commercial property in upstate New York and sets eyes on
expanding operations
The state-of-the-art facility is
part of Hemp Naturals’ strategic plan in positioning itself as a
future leader in the cannabis industry
June 29, 2021 -- InvestorsHub NewsWire -- Hemp Naturals
(OTC
PINK: HPMM), an early-stage venture committed to researching,
developing, acquiring, and selling products made of industrial
hemp, today announces its pending acquisition of a state-of-the-art
facility in upstate New York. The purchase is part of Hemp
Naturals’ strategic plan and vision of becoming an industry leader
in the industrial hemp sector, and eventually, if federal
legalization of cannabis becomes a reality, in the cannabis
industry.
The 8,250sf commercial building consisting of office,
production/ warehouse space and a detached shop/garage. Features in
the production/warehouse portion of the building consist of a 400
AMP 3-phase power service, a 6” reinforced concrete floor, 3 -
12’x14’ overhead doors and a 1,680sf mezzanine. The property also
includes a 3,000 KVA solar. The commercial property is an ideal
space for Hemp Naturals to expand its operations and break into New
York state’s multi billion dollar cannabis market. The company’s
purchase of the property comes on the heels of New York’s recent
legalization of cannabis and positions Hemp Naturals as a
competitor in the cannabis market in the state, pending potential
federal cannabis regulation changes.
“Hemp Naturals is committed to improving the lives of people
everywhere through high-quality CBD products, and we see New York
as an exciting new market for our venture,” said Levi Jacobson, CEO
of Hemp Naturals, Inc. “Our newly acquired space in the state will
allow us to expand our hemp harvesting operations in the immediate
future while positioning us to move forward with cannabis growth
and harvesting should cannabis be legalized on the federal level.
We look forward to the addition of this new state-of-the-art space
as we continue to make strategic acquisitions and add value to our
shareholders’ investment portfolios.”
To learn more about Hemp Naturals, visit https://www.ir-hempnaturals.com/.
DISCLAIMER: This product is not for use by or sale to
persons under the age of 21. This product should be used only as
directed on the label. It should not be used if you are pregnant or
nursing. Consult with a physician before use if you have a serious
medical condition or use prescription medications. A Doctor's
advice should be sought before using this and any supplemental
dietary product. These statements have not been evaluated by the
FDA. This product is not intended to diagnose, treat, cure or
prevent any disease. Void Where Prohibited by Law.
Cautionary Language Concerning Forward-Looking
Statements: This release contains "forward-looking statements"
that include information relating to future events and future
financial and operating performance. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential," and
similar expressions and variations thereof are intended to identify
forward-looking statements. Forward-looking statements should not
be read as a guarantee of future performance or results, and will
not necessarily be accurate indications of the times at, or by,
which that performance or those results will be achieved.
Forward-looking statements are based on information available at
the time they are made and/or management's good faith belief as of
that time with respect to future events and are subject to risks
and uncertainties that could cause actual performance or results to
differ materially from those expressed in or suggested by the
forward-looking statements. Important factors that could cause
these differences include, but are not limited to: fluctuations in
demand for Hemp Naturals products, the introduction of new
products, the Company's ability to maintain customer and strategic
business relationships, the impact of competitive products and
pricing, growth in targeted markets, the adequacy of the Company's
liquidity and financial strength to support its growth, and other
information that may be detailed from time-to-time in Hemp Naturals
filings with the United States Securities and Exchange Commission.
Examples of such forward-looking statements in this release include
statements regarding future sales, costs and market acceptance of
products as well as regulatory actions at the State or Federal
level. For a more detailed description of the risk factors and
uncertainties affecting Hemp Naturals please refer to the Company's
Securities and Exchange Commission filings, which are available at
www.sec.gov. Hemp Naturals undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Contact Information:
HEMP NATURALS, INC.
Investor Relations Contact:
E Mail: info@hempofnaturals.com
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