Hemptown Drives Financial Innovation: Now Accepting Bitcoin and Other Cryptocurrency Payments

The nation's premium hemp company now expanding payment options to include cryptocurrency

Portland, Oregon--(Newsfile Corp. - February 23, 2021) - Hemptown Organics Corp. ("Hemptown" or the "Company"), a diversified hemp company doing business as Hemptown USA, committed to producing premium smokable hemp products, has announced that it will accept a host of cryptocurrency payments. Since the company's inception in 2014, it has grown to be one of the nation's most respected hemp companies and continues to set the global industry standard for the burgeoning hemp derived cannabinoid sector.

Hemptown products include innovative terpene infused hemp cigarettes, premium blends of CBG/CBD, and a super-premium line of smokable hemp flower, all of which have begun to be distributed in the European market due to high magnitude of demand. Customers can purchase the products now at www.hemptownusa.com/shop

As a market leader in the hemp-derived cannabinoid industry Hemptown has been a champion in the production of innovative and high-quality hemp-derived cannabinoid products. Given the advent of cryptocurrency and its convenient accessibility, Hemptown is pleased to begin accepting Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, and USD Coin.

As of today, customers will be able to purchase products from the Hemptown e-commerce store at www.hemptownusa.com/shop with a range of cryptocurrencies instantly through our payment gateway operated by Coinbase Commerce. Hemptown will also begin accepting cryptocurrency from investors looking to purchase equity in Hemptown in the coming weeks.

"Accepting cryptocurrency payments allow Hemptown's retailers to have unprecedented access to our unique collection of products with near immediate transactions. I am confident that this decentralized form of currency will facilitate transfers with ease and convenience for our trusted and valued retailers and clients," said Eric Gripentrog, CEO of Hemptown.

About Hemptown Organics Corp.

Hemptown is a diversified, industry-leading cannabinoid company delivering a diverse product offering across the value chain, in multiple sales channels, to meet the growing global demand for cannabinoid-based products. State of the art cultivation in Oregon's Rogue Valley, FDA-licensed and cGMP certified product manufacturing, and a strong leadership team with Fortune 500 experience, including Kellogg's, Nike and Intel, are the pillars for Hemptown's growth model as the Company pushes into the consumer-packaged goods sectors with top quality white label and branded product lines for the consumer market. For more information, visit www.hemptownusa.com.

Hemptown Investor Relations
John Martin
[email protected]
1-833-436-7896

Hemptown Sales and General Inquires
[email protected]
1-888-CBG-NOW1 (1-888-224-6691)

Disclaimer for Forward-Looking Statements

This news release contains forward-looking statements that involve various risks and uncertainties regarding future events. Such forward-looking statements are based on current expectations of management, involve a number of risks and uncertainties, and are not guarantees of future performance. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the anticipated flavours of the Hemp Naturals line, the anticipated size and growth of the smokable hemp industry and hemp-derived CBD consumer products industry the Company's goal of having its hemp cigarette 20-packs in every convenience store and gas station counter in America, and the timing of the rollout of the Company's products into retail stores . Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include general market conditions, significant business, competitive, political and social risks, governmental regulations being implemented regarding the production and sale of products containing hemp/CBD and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/75238