HempAmericana (OTC:HMPQ) announced the purchase of a new 200-liter Supercritical CO2 Extractor machine for its facility in Maine.
As quoted in the press release:
The purchase is part of the Company’s strong multi-million dollar initiative as it assumes an emerging leadership role in the high-capacity production of supercritical CO2 extracted CBD products. The Company has purchased this machine under conventional bank financing.
The massive 200-liter machine was purchased from Vitalis Extraction Technology, Inc., and represents the largest machine ever produced by the company, with an unmatched productive capacity. HempAmericana, Inc. is expecting a financial yield of between $100k to $150k in revenues per week from initial operations.