Coverage Initiated for Hemptown USA via NetworkNewsWire
NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Hemptown USA, a proven grower of broad spectrum hemp biomass and flower grown with premium Oregon CBD seed genetics, today announces it has selected the corporate communications expertise of NetworkNewsWire (“NNW”).
Hemptown USA only grows with the best in class, premium seed genetics that contain less than 0.3% THC and exceptionally high cannabinoid (CBD) content of up to 20%. The company has acquired 1 million rare CBG (cannabigerol) seeds bred by Oregon CBD to yield between 12% to 20% broad spectrum CBG cannabinoids.
Hemptown USA’s harvest from its Oregon hemp farm in 2018 was 110,000 pounds of broad spectrum biomass with CBD content ranging from 15-20%. Harvest revenue from 2018’s crop is expected to exceed $7M. The company is scaling up operations in 2019 to meet market demand and projects it will harvest up to 1 million pounds in Oregon.
NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with Hemptown USA, NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the company.
“Hemptown’s premium cannabinoid genetics program, scale and disruptive product formulations set the stage for an exciting year of growth,” states Sherri Franklin, Director of Client Solutions for NNW. “As the company focuses on expanding its market reach, we will execute a corporate communications campaign that places its strategy and accomplishments in front of the investment community.”
About Hemptown USA
Hemptown USA, headquartered in Central Point, Oregon, is a proven grower of broad spectrum feminized hemp that contain less than 0.3% THC and exceptionally high cannabinoid (CBD) profiles of up to 20% with small amounts of CBG and CBD included. The company’s unique growing methodology combines seasoned professionals from the cannabis industry working in the nation’s premium agricultural microclimates. In addition to Oregon’s famed Emerald Triangle, Hemptown will also be contract farming with experienced hemp growers in Colorado and Kentucky. Founded in 2016 by Rod Wolterman, Hemptown USA is positioned to be a leading CBG producer in the U.S. in 2019.
For more information, visit: HemptownUSA
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit: https://www.NetworkNewsWire.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.