HempAmericana Inc. (OTCMKTS:HMPQ) has announced the launch of its North American CBD Product SalesForce and hiring is currently on-going.
Ramping up of inventory
The move comes at the back of a major production and bottling run that led to record ramping up of in-house inventories of top-quality CBD products. In July 22, 2019 HempAmericana’s inventory comprised of 693 30ml bottles of 250mg, 702 30ml bottles of 125mg, 727 30ml bottles of 500mg, 674 30ml bottles of 750mg, and 3661 30 ml bottles of 1000mg Winterized Full Spectrum CBD Extract. Equally there was 4443 30ml bottles of 100mg Full Spectrum CBD Distillates and 662 30ml bottles of 1500mg, 1357 30ml bottles of 2500mg, 1235 30ml bottles of 3000mg and 780 30ml bottles of 4500mg Winterised Full Spectrum CBD Extract. This is a significant amount of inventory with a market value of more than $500,000 at the present market pricing.
Justin Nealy represents HempAmericana’s first self-inspired shareholder-turned-distributor. The management has appealed for direct involvement of its investors in supporting their efforts via distribution. Alternatively, they can be part of the Reg A share offering currently priced at $0.004 per share. The outreach effort has been vital in the expansion of the company’s distribution footprint.
HempAmericana aggressively building its sales force
The CEO of HempAmericana, Salvador Rosillo stated that they were urging shareholders to take the initiative of moving the company forward. He added that the company aims at building an international and national sales force in the next one month by engaging in interested and self-motivated shareholders. The CEO said that the company managed to successfully build up inventory and now the next phase in the third quarter is aggressive marketing.
Salvador said that with enough inventory and on-going production with a hungry market for supply this will be an opportune moment for the company to ramp up its sales force. The company has been doing market research on the state of the CBD market and found various fraudulent and fake products in the market. This presents an opportunity for the company to market its Full Spectrum CBD Extract and Distillate.
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