American Hemp Ventures, Inc. (OTC: AMHV) expands Consulting and Grow
Operations by 140% in Q1
AURORA, Colo., April 3, 2019
AURORA, Colo., April 3, 2019 /PRNewswire/ — American Hemp Ventures, Inc.
(“AMHV”) , has added over 320,000 sq. ft of greenhouse grow operations under
management dedicated to seed production during the 1^st quarter of 2019. The
expanded grow operations represent an increase of approximately 140% over
2018-year end. Total grow operations will now include over 540,000 sq. ft of
hemp greenhouses dedicated to the production of AMHV’s 4 proprietary high CBD
hemp seed cultivars and the associated biomass. Current grow operations are
expected to yield over 100 Million seeds per year and an estimated 50,000 lbs.
of high CBD biomass.
American Hemp Ventures, Inc.
AMHV’s mission is to become the world’s preeminent, vertically integrated
“seed-to-table” hemp operation. AMHV develops hybrid hemp cultivars that are
genetically designed to produce high CBD yields in a wide variety of
geographies. We apply our proprietary seed feminization process to further
increase crop production as much as 100%.
The Company’s subsidiaries have developed deep expertise in hemp-growing
techniques and have developed various proprietary hemp cultivars, as well as a
proprietary process to feminize hemp seed. The company’s operations are
focused on sales of hemp seed, hemp bio mass and CBD distillate, a line of CBD
infused retail products, as well as providing consulting services and
generating royalties from consulting clients.
AMHV currently operates three primary business streams; a) LTC Farms for the
growing and cultivation of Hemp for its own account using proprietary seed
types, and b) HEMP Consulting Group which provides a turnkey service to
farmers and investors wishing to grow Hemp on their own land, and 3) AMHV
Wellness that has developed and sells topical and nutritive CBD products for
consumers and pets. Our turnkey Consulting service typically generates both
consulting fees and a participation revenue.
Safe Harbor Statement
This news 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, that are intended to be covered
by the “safe harbor” created by those sections. Forward-looking statements,
which are based on certain assumptions and describe our future plans,
strategies and expectations, can generally be identified by the use of
forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,”
“could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other
comparable terms. All statements other than statements of historical facts
included in this news release regarding our strategies, prospects, financial
condition, operations, costs, plans and objectives are forward-looking
statements. Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on our current
beliefs, expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and trends, the
economy and other future conditions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks and changes
in circumstances that are difficult to predict and many of which are outside
of our control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements. Therefore,
you should not rely on any of these forward-looking statements. Important
factors that could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements include,
among others, the following: our ability to successfully market our products
and services; the acceptance of our products and services by customers and
clients; our continued ability to pay operating costs and ability to meet
demand for our products and services; the amount and nature of competition
from other companies in our industry; the effects of changes in the cannabis
industry and markets; our ability to successfully develop new products and
services; our success establishing and maintaining client, customer and
supplier relationships; our ability to comply with applicable regulations; and
other risks and uncertainties relating to our business. We undertake no
obligation to publicly update any forward-looking statement, whether written
or oral, that may be made from time to time, whether as a result of new
information, future developments or otherwise.
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SOURCE American Hemp Ventures, Inc.
Contact: Mark Spoone, Email address: email@example.com, Telephone