Hemp Technology Inc. Announces Business Positioning Plan

By April 9, 2019February 18th, 2020No Comments

Louisville, KyApril 9, 2019 /PRNewswire-PRWeb/ — Hemp Technology Inc. (OTC: CPOW) CEO Michael Shenher announced that the company has forged a clear path forward.

Hemp Technology Inc., formerly Clean Power Concepts, established its roots in 2010 as a leading ancillary bio-oil extraction refinery. It was in this pursuit that HempTech defined itself and transitioned into a leading value-added agricultural technology company. HempTech will utilize it’s extraction technologies expertise to produce hemp-based CBD isolates, water soluble, and Nano formulations – maximizing value from the plant. Hemp Tech is striving to become the largest vertically-integrated producer, manufacturer, and distributor of hemp-derived high-value phytocannabinoids in the world. We are a B2B, bulk and wholesale supplier of hemp-derived CBD isolate to serve the rapidly growing market.“With our expertise in extraction, and President Chad Costa’s strong background in bringing innovative products to market we believe HempTech has a bright future” said Michael Shenher, CEO.

Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission.

Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s contract manufacturers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

Contact: Michael Shenher
[email protected]

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