HempAmericana, Inc. (OTC: HMPQ) -- HempAmericana Inc. is excited to announce that the Company has been selected to be the first investment offered on a new and exciting Crowd Funding site designed exclusively for qualified Reg A offerings.
Minivest, www.minivest.com is an innovative crowdfunding Portal that grants access to exclusive investments in microcap issuers, including publicly traded companies. HempAmericana will be the first investment to go live on the website with an initial allocation of $500,000 in its Qualified Tier 1 Reg A offering through the Minivest portal. The offering will be available to the public, both institutional and retail participation is welcome. Due to Blue Sky Laws, HempAmericana will only accept subscriptions from New York based investors at this time. In the event the initial raise is successful and allocation is over-subscribed, the company will consider a subsequent offering with additional Blue Sky approvals. Minivest is partnered with FundAmerica, an SEC and FINRA registered broker dealer to complete the transfer of funds and comply with state and federal regulati ons
Salvador Rosillo, HempAmericana's CEO stated, "We are excited to be selected as the first company featured on Minivest!" He further stated, "Crowd funding tends to bring a diverse group of investors, creating a stronger shareholder base with long term support. As a small team, we look forward to the additional support from Minivest to help us increase the velocity at which we can raise operating capital. The investment process will be streamlined so that we can focus as much time on achieving the milestones announced earlier in the year. Minivest is not a broker dealer and takes no commission on capital raised. With the exception of minimal maintenance fees, the company will receive virtually all the funds raised through the website."
The company plans to launch on the site by the end of August. We will update our current and prospective shareholders when the offering is posted, at which time, additional information will be available on the offering itself, as well as who can invest, how much and what funds will be used for.
About:
HempAmericana is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil. Search Rolling Thunders hemp papers on YouTube for a product demonstration of the Company's papers. The company owns an extraction machine and now plans to become a leader in the CBD oil market by establishing three laboratories for the extraction and research of the oils contained in the hemp plant. HempAmericana also researches, develops and sells products made of industrial hemp. See more at http://www.HempAmericana.net.
