Hemp for Health Inc.
Hemp for Health Provides Update on Hemp Operations in Italy
DGAP-News: Hemp for Health Inc.
/ Key word(s): Miscellaneous
Vancouver, British Columbia–(Newsfile Corp. – February 12, 2020) – HEMP FOR HEALTH INC. (CSE: HFH) (FSE: 9HH) (the “Company”), a cultivator and distributor of premium CBD products in Italy and other European countries, wishes to provide its shareholders and potential investors with an update on 2019 operations and our 2020 growth expectations. Our first year of operations was focused on a test crop which included the CBD Carmagnola strain in the Tuscan valley. Of the 3 Ha of this strain planted, we yielded approximately 3000 kilos of biomass and 340 kilos of hemp flower. This successful harvest is expected to generate approximately 700,000 Euros in gross revenue. The 2020 growing season is programmed to plant 150 hectares from 4 different strains of seed that have already been ordered. Based on our 2019 test crop results, the Company expects to yield over 100,000 kilos of biomass and 12,000 kilos of dried flower. “We are pleased with delivering on our promises to our shareholders as demonstrated by the results and cultivation of this year’s test crop of Carmagnola hemp,” reported CEO and founder, Robert Eadie. “2020 will be a transformative year. The Company has world class farmers and soil, a stake in a European distribution channel and results that ultimately will speak to our end goal of delivering wellness benefits to our consumers.” About Hemp for Health Inc.: Hemp for Health is a cultivator and distributor of premium CBD products with an exclusive, long-term contract for land with farmers in the Tuscan region of Italy for the purpose of yielding the highest quality hemp-based CBD. Our focus is to offer the absolute best in natural and organic CBD products to our customers, and that starts with pristine soil, seeds, and sun. (See further details available in the Company’s filings on SEDAR. www.sedar.com) ON BEHALF OF HEMP FOR HEALTH INC. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Reader Advisory To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52325 Click on, or paste the following link into your web browser,to view the associated documents http://www.newsfilecorp.com/release/52325News Source: Newsfile
12.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Hemp for Health Inc. |
Canada | |
ISIN: | CA42371G1072 |
EQS News ID: | 973471 |
End of News | DGAP News Service |