Hemp, Inc. is a publically traded company (OTC: HEMP) that was founded in 2008. The company's long-term goal is to be the leader in the industrial hemp industry in America, which is now estimated to be over $500 Million. Hemp, Inc.?s mission is to provide green solutions that help make the world a better place to live. We support products that are eco friendly, organic, healthy, and solutions that replace many petroleum-based products. In a forward thinking move, Hemp, Inc.'s wholly owned subsidiary Industrial Hemp Manufacturing, LLC purchased the largest decortication plant in North America, which is located in Spring Hope, North Carolina. The plant is housed in a 70,000 square foot warehouse on 9 acres and is scheduled for completion in the last quarter of 2015. The company will start producing fiber, loss circulation materials (LCM) and absorbents from kenaf and later from hemp. Initially, Hemp, Inc. will produce a product for drilling rigs called "lost circulation material" (LCM), which is used for maintaining the seals when drilling for water, oil, gas, and any other liquid or gas. This product alone is capable of producing millions of dollars in revenue, since some of the largest oil companies in the world will be our primary customers. Eventually, the company will produce fiber materials for the paper and fabric industries, and other industries that utilize materials from hemp to make products such as plastics, building materials, health and beauty related products and more. Hemp, Inc. plans to purchase, acquire and/or joint venture with complimentary companies across various sectors of the hemp industry in an effort to build a portfolio of synergistic businesses that will bring Hemp, Inc. cash flow, revenues, value, and position us as a leader in the industrial hemp industry.
Investor Relations
Everest Corporate Advisors, Inc.
9788 Gilespie Street
Las Vegas, NV, 89183
Steffan Dalsgaard, President
Phone: 702-902-2361
ir@hempinc.com
Hemp, Inc.'s 2018 Year-in-Review
Spring Hope, NC, Jan. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK:HEMP) is pleased to provide its 2018 Year-In-Review. As a global leader in the industrial hemp industry with bi-coastal processing centers including the largest multipurpose industrial hemp processing facility in the western hemisphere (in Spring Hope, North Carolina), Hemp, Inc. recaps its key business developments, increased media coverage, and speaking engagements in 2018.
“I am incredibly proud of all that our team accomplished in 2018,” said Hemp, Inc. CEO Bruce Perlowin. “Hemp, Inc. was at the center of news coverage (including Forbes ) surrounding the legalization of hemp that came with the historic passage of the 2018 Farm Bill.”
After years of prohibition, industrial hemp became federally legal in America. President Trump signed off on the 2018 Farm Bill , in December 2018, which redefined hemp as an agricultural commodity, but more importantly, removed it from the Controlled Substances Act. Hemp is no longer considered a Schedule 1 substance and the Drug Enforcement Administration (DEA) will no longer be able to interfere with the interstate commerce of hemp products. With its ever-expanding footprint across the nation, this was a huge win for Hemp, Inc. (OTC: HEMP).
“This historic event in our nation’s industry created and will continue to create a tremendous amount of opportunities for the small family farm, local communities, the U.S. economy, and a myriad of industries.” Perlowin continued, “At the same time, I continued to travel the country meeting with farmers who are growing hemp or wanted to learn more about this incredibly valuable crop. In the coming year, I look forward to building upon our success and accomplishments as we continue to rapidly expand our footprint and bring new hemp products to market.”
Some expect the global industrial hemp industry to hit $20 billion by 2022. Until recently, the U.S. has imported, on average, $100 million worth of hemp products each year, according to Congressional Research Service. Now, hemp legalization will allow American farmers and companies to tap that market.
In addition to the company’s 85,000 square foot multi-purpose industrial hemp processing facility in Spring Hope, North Carolina, Hemp, Inc. also has one the most sophisticated hemp local processing centers in Medford, Oregon, and a 4,500-acre hemp-growing eco-village in Golden Valley, Arizona, and is continuing to scout new locations for local processing centers nationwide. The company’s local processing center in Medford is one of the most sophisticated hemp harvesting and post processing centers in the state of Oregon, and its operations in Arizona consist of a 4,500-acre hemp growing eco-village that they are actively building out for 300 acres of hemp cultivation. Hemp, Inc. aims to boost the economies of these towns by offering affordable hemp processing services, which incentivizes local growers to add hemp to their crop rotation.
Trade shows and expos featuring Hemp, Inc. CEO Bruce Perlowin included:
• CannaTech Israel 2018 – Perlowin was an expert speaker on the topic of industrial hemp at the international event.
• Black Communities Conference – Perlowin spoke on the conference’s first ever hemp-focused panels.
• Carolina Hemp Festival – Perlowin was a keynote speaker, where he discussed Hemp, Inc.’s new King of Hemp™ line of high-end CBD hemp pre-rolls and hemp buds sold by the grams.
• 4th Annual Jack Herer Cup – At the event, Perlowin received an award for being a trailblazer in the hemp industry.
• The N.E.W. Business of Agriculture – Featured Perlowin as a keynote speaker during a breakout session titled “The Growing Business of Industrial Hemp.”
• 2018 MedCann.Biz Convention – Leading up to the event, Perlowin and the company were featured in Caribbean Business for their groundbreaking work in the hemp industry. During his time on the island, Perlowin also scouted out locations for hemp processing centers.
To see 1 minute videos of Hemp, Inc.’s current activities, go to Bruce Perlowin’s personal Facebook page where he posts daily on all of Hemp, Inc.’s activities around the country. (No other public company has this level of transparency than Hemp, Inc.)
ABOUT LOCAL PROCESSING CENTER INC.
Hemp, Inc. entered into a majority ownership agreement with JNV Farms LLC for the hemp cultivation and processing company in Medford, Oregon. As the majority owner of the, now fully functional, hemp cultivation and processing company, Local Processing Center, Inc. (LPC), Hemp, Inc. will be able to create a pipeline of industrial hemp and hemp products in states, where legal, on the West Coast. This makes Hemp, Inc. a bi-coastal hemp processing center in America with many more Hemp Local Processing Centers planned for other areas where Hemp is being grown. Thus far, the company has created about 50 jobs in its LPC and also helps create even more jobs for the local farmer. “A to Z” services for the farmers are available - from harvesting to drying, bagging, curing, storing, nitrogen sparging, machine trimming, hand trimming, extracting and selling creating a “one stop shop” for the small to large family farm. Daily updates on LPC can be found on Bruce Perlowin’s personal Facebook page.
DAILY UPDATES ON FACEBOOK
Hemp, Inc. strives to be one of the most transparent companies in the public sector. To adhere to this company policy of transparency, CEO Bruce Perlowin posts 1-minute video updates daily on his personal Facebook page to give an inside look and behind-the-scenes footage of what Hemp, Inc. is doing on a daily basis. “We want them to know how the company is performing and what it is doing to reach its goals,” says Perlowin. To see 1 minute videos of everything Hemp, Inc.’s current activities, go to Bruce Perlowin’s personal Facebook page where he posts daily on all the activity Hemp, Inc. is doing around the country. (No other public company has this level of transparency than Hemp, Inc.)
THE UPCOMING DOCUSERIES
Hemp, Inc. entered into an agreement with 2 Manifest Studio, LLC, a Wyoming, Limited Liability Company (VED), to create a documentary and subsequent docuseries over the course of an estimated five years. Per the terms of the agreement, VED will create a feature length film and corresponding docuseries and other video materials about the history of hemp with a strong focus on Hemp, Inc. and other pioneers and companies that are leaders in the modern-day history of industrial hemp. The content will be wholly-owned by Hemp, Inc. 2 Manifest Studio Director Joseph Trivigno and his team have been tracking Hemp, Inc.’s progress, as executives meet with farmers throughout the country to document the company’s expansion into new markets. The documentary is expected to be released by 2020. The docuseries is expected to follow the film’s release. The film crew will also capture hemp developments in markets around the globe.
VETERAN VILLAGE KINS COMMUNITIES
The company’s 500-acre strategic growing partner Veteran Village Kins Community in Golden Valley, Arizona, is also designed to grow hemp and produce CBD products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village and individual veterans living in the community. Hemp, Inc. executives are also continuing to scout new locations nationwide to open additional hemp processing centers in legal markets.
For a more complete description on the Veteran Village Kins Community (as mentioned above), read the following October 24, 2017 press release, “Hemp, Inc. Announces Strategic Hemp Growing Partner ‘Veteran Village Kins Community Arizona, Inc.’ Completes Final Site Plan Blueprints”, below:
Hemp, Inc. has announced that its strategic growing partner, "Veteran Village Kins Community Arizona, Inc.", has completed its final site plan blueprints for its 500-acre site in Golden Valley, Arizona (20 miles north of Kingman, AZ and 90 minutes from Las Vegas, NV). The site plan was submitted to the Mohave County Building Department for final review. The Company is also in the final stages of completing the necessary infrastructure to support an off-grid, renewable, energy system. With the solar equipment in place, the site's solar power operation will be completed in the next days.
As soon as the live streaming video cameras are up and operational, the world can actually see the way the Veteran Village Kins Community is designed and watch it being built. According to Perlowin, the basic framework or overall plan of the Veteran Village Kins Communities is to create a holistic healing and learning center that is designed to educate and heal veterans with PSTD, alcoholism, meth addiction, opioid addiction, and other psychological conditions while at the same time training them on the numerous aspects of being part of the emerging multi-billion dollar hemp industry.
We will also be building hemp-growing communities for other groups such as "Abused" Women & Children Village Kins Communities, the "Orphaned" Children Village Kins Communities, "Homeless" Village Kins Communities and the "Healers" Village Kins Communities (the healers are professionals who are knowledgeable in the modalities to treat these traumatized groups). These particular communities are all synergistically aligned to work simultaneously supporting each other.
For example, the "Healers" heal the traumatized veterans and women & children; the women support orphan children, and orphan children want to see people living in homes and not homeless. Thus, a portion of the hemp grown in each community goes to create and support another community, giving everybody a sense of giving back and helping others as they help themselves. This circles back to the healers who also work to heal the veterans and the other traumatized groups. This is the economic foundation on how the sale of the hemp products operates as a "quantum economic matrix" or an example of "symbiotic economics" which is more complex than this brief description allows.
Dwight Jory, the Project Manager for the "Veteran Village Kins Community Arizona, Inc.”, said, "We are very happy with the progress. Our Kins Community is really beginning to come together." In anticipation of planting to begin during the spring, 300 acres have been fenced, 16 overnight trailer park sites are under construction, and six 40x40-ft organic vegetable gardens have been planted and are currently producing food and kenaf, according to Jory. These organic gardens double as experimental growing modules using an entire array of different growing technologies to see which modalities grow the best in a desert environment. As for the 6 geodesic domes mentioned in an earlier press release, 1 is structurally complete with only the electrical and plumbing to be completed. The rest are on site awaiting final site plan approval.
"We are now accepting volunteers who have expressed an interest in helping to build the first Kins Community for our veterans," said Jory. Those interested in making the first hemp growing CBD-producing "Veteran Village Kins Community" become a reality should contact Ms. Sandra Williams via email (swilliams@hempinc.com).
One thousand trees, on 36 of the 500-acres, have also been planted, with an additional 1,000 trees on order. The "Veteran Village Kins Community" will include a 100,000-square foot GMP compliant, central processing plant, a state-of-the-art testing laboratory, and various health and wellness centers to support veterans who may have psychological, emotional or health issues.
"As Hemp, Inc. positions itself on the forefront of America's industrial hemp revolution, we see our partnership with 'Veteran Village Kins Community Arizona, Inc.' being paramount in supporting the small family farm movement that we are confident will reshape the American landscape," said Perlowin. "As we work toward getting our eco-village up and running in Arizona, we are also aggressively scouting strategic locations in other states including North Carolina, South Carolina, Florida, Georgia, Kentucky, Tennessee and West Virginia. Giving veterans and other Americans a place to learn new skills and take part in this multi-billion-dollar hemp CBD market is very exciting. It's a big part of our mission to give back. Recently we have expanded our Kins Community concept internationally focusing, but not limited to, Israel, New Zealand, Canada, Africa, and Uruguay."
According to Perlowin, we hope to have 50 "master hemp growers" working on their first Veteran Village Kins Community in Arizona. To date, we have growers from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, Arizona who have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on 5 of the 300 fenced acres in Arizona. Perlowin says he'll call this "The Great United American Hemp Grow-Off." Any grower having an interest in pursuing a joint venture on 5 of the 300 fenced in acres in Arizona should contact Project Manager Dwight Jory. Or, anyone interested in attending the 2-7-day hands-on hempcrete house building should contact Dwight Jory as well. (Dates to be determined.)
WHAT IS HEMP?
Hemp is a durable natural fiber that is grown as a renewable source for raw materials that can be incorporated into thousands of products. It's one of the oldest domesticated crops known to man. Hemp is used in nutritional food products such as hemp seeds, hemp hearts and hemp proteins, for humans. It is also used in building materials, paper, textiles, cordage, organic body care and other nutraceuticals, just to name a few. It has thousands of other known uses. A hemp crop requires half the water alfalfa uses and can be grown without the heavy use of pesticides. Farmers worldwide grow hemp commercially for fiber, seed, and oil for use in a variety of industrial and consumer products. The United States is the only developed nation that fails to cultivate industrial hemp as an economic crop on a large scale, according to the Congressional Resource Service. However, with rapidly changing laws and more states gravitating towards industrial hemp and passing an industrial hemp bill, that could change. Currently, the majority of hemp sold in the United States is imported from China and Canada, the world's largest exporters of the industrial hemp crop.
To see Hemp, Inc.'s video just posted entitled, "The Largest Hemp Mill in the Western Hemisphere is Now Online - It's Alive", click here. To see the Hemp, Inc. mill in operation and processing product, visit Bruce Perlowin's personal Facebook page and scroll down to August 1, 2017.
THE DIFFERENCE BETWEEN HEMP AND MARIJUANA
Hemp is completely different from marijuana in its function, cultivation and application. In cultivating marijuana, the plants are spaced far apart, and the male plants are destroyed to assure that they cannot seed the female plants, which would result in undesirable, less potent and less marketable, seeded marijuana buds. Hemp, on the other hand, is planted close together and commonly hermaphrodites, which creates an abundance of seeds, the main component of Hemp foods and supplements. The Hemp stalks are processed and used for fiber, composite, and other hemp based end products.
Hemp is used in variety of other applications that marijuana couldn’t possibly be used in. These include healthy dietary supplements, skin products, clothing, and accessories. Overall, hemp is known to have over 25,000 possible applications . Hemp products such as Hemp Milk, Hemp Cereal, and Hemp Oil are used by consumers every day.
For an excellent read on the difference between hemp and marijuana, visit the Ministry of Hemp .
Although hemp seeds come from the Cannabis sativa plant, they do not produce a mind-altering effect. These small, brown seeds are rich in protein, fiber, and healthful fatty acids, including omega-3s and omega-6s. They have antioxidant effects and may reduce symptoms of numerous ailments, improving the health of the heart, skin, and joints. Read all the reasons to include hemp as part of a healthy diet here .
HOW HEMP CAN CHANGE THE WORLD
Fiber – Hemp fiber can be used to make fabrics and textiles, rope and paper. The word ‘canvas’ actually derives from the word cannabis.
Fuel - While the industrial, medicinal and commercial properties of hemp have been known to mankind for a very long time, its benefits to the environment have just been realized in recent years. One of the compelling things hemp offers is fuel. With reserves of petroleum being depleted, it would be nice if we could have a fuel source which was reusable and which we could grow right here, making us completely energy independent.
Food – Hemp seeds are very nutritious and were first thought to be eaten by the Ancient Chinese and Indians. Hemp seeds have a nutty taste and can be eaten raw, ground up, sprouted, or made into dried sprout powder. Hemp seeds also contain a very beneficial oil that is high in unsaturated fatty acids, including an optimal 1:4 ratio of omega-3 to 6.
Building Material - Hemp can be made into a variety of building materials. These include concrete-like blocks called ‘hempcrete’, biodegradable plastics, and wood replacements. These materials have been used in the manufacture of many things, including electronics, cars and houses. In fact, the first American home made of hemp-based materials was completed in August 2010 in Asheville, North Carolina.
Biofuel - Remarkably, the oil from hemp seeds and stalks can also be made into biofuels such as Biodiesel?—?sometimes known as ‘hempoline’. While this biofuel can be used to power engines, it does take quite a lot of raw material to produce a substantial amount.
"Hemp, Inc. Presents" is capturing the historic, monumental re-creation of the hemp decorticator today as America begins to evolve into a cleaner, green, eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the No. 1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the "Freedom Leaf Magazine" article " The Return of the Hemp Decorticator " by Steve Bloom.
" Hemp, Inc. Presents " is accessible 24 hours a day, 7 days a week, by visiting www.hempinc.com. To subscribe to the "Hemp, Inc. Presents" YouTube channel, be sure to click the subscribe button.
UPCOMING INTERNATIONAL AND DOMESTIC EVENTS
Across the globe, the hemp industry is rising to astronomical levels. In the wake of the hemp industry projected to grow 700% and hit $1.8 billion by 2020, there has been more education and networking within the industry. That means more events and conferences, thus, Hemp, Inc. has started compiling an ongoing list of upcoming hemp events around the world. Check out the listing of international and domestic events Ihere .
ABOUT HEMP, INC.
With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. To clarify the issue of OTC placing a stop sign next to Hemp, Inc.'s stock trading symbol, that symbol indicates Hemp, Inc. does not report their financials. As a non-reporting pink sheet company, Hemp, Inc. is not required to report. The company does, however, choose to publicly report its quarterly and yearly financials on its website. According to the company's CEO, the OTC stop sign is a misrepresentation of that reporting fact. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties.
YouTube icon below is a link to the Hemp Inc Channel
The videos below provides exciting hemp product info, great history and government hurdles we face with Industrial Hemp.
iHang's auto browser refresh will only allow 3.5 minutes of the videos to play.
It's worth watching the rest, so direct links have been provided below each video. Enjoy!
Stoneleigh's Milestone in Luxury Living There are times when a luxury residence transcends mere bricks and mortar, and lands squarely in the realm of a lavish lifestyle. That's exactly what Residences at the Stoneleigh in Dallas aims to provide. Recently, the property snagged the coveted VERIFIED™ Luxury Residences designation from Forbes Travel Guide. Now, whether...
Breaking Ground in the Fight Against Huntington's The latest shuffle in the relentless pursuit of medical breakthroughs sees Skyhawk Therapeutics rolling their dice in the fight against Huntington's disease (HD) with the U.S. launch of their pivotal FALCON-HD study. HD is a treacherous, progressive disorder that’s been stealing time from patients for far too long. It's...
Con Edison’s Earnings Rise in the Third Quarter Chalk it up to yet another round of solid news from Consolidated Edison, Inc. (NYSE:ED). Their third-quarter results are out, and they ain't looking too shabby at all. This quarter, they raked in a neat $766 million in net income, translating to $2.07 a share—up from last year’s $688 million or $1.91 a shot. That's...
Creatine Gets a Makeover with MyoPeptide Well, here we have it! Gundry MD just rolled out their newest concoction, MyoPeptide Complex, and she's not your run-of-the-mill creatine shake. Blending creatine monohydrate with PeptiStrong®, a fava bean peptide, plus a couple of vitamins, this new supplement claims to turbocharge strength, recovery, and even your cognitive...
ABCmouse Reinvents Learning in a Digital Age Just when you thought the kids’ education scene couldn’t get any tech-savvier, ABCmouse swoops in with a new game changer. In collaboration with Netflix, the folks at Age of Learning have launched a slick mobile game that’ll keep the kiddies learning in the palm of their hands. Screen time just turned into brain-building...
AI Transformation: Zhejiang's Ambitious Trajectory Not too often does a province aim to shake up an industry like Zhejiang is doing with artificial intelligence. Local workshops, labs, and dailies are already seeing a drastic shift, courtesy of AI pushing the boundaries of possibility. A Financial Powerhouse: By the Numbers Grab a calculator because Zhejiang isn't messing...
The Seismic Shift in Maritime Solutions Alfa Laval's decision to acquire NAVTOR for a massive $700 million in cash throws down a marker in the maritime domain. This isn't some casual, "let's test the waters" thing; it's the kind of big-money play we all sit up and notice. You're talking about Alfa Laval trying to mold the digital side of their maritime offerings, right...
Wall Street's Latest Drama: BAC's Legal Battle Bank of America, the hulking giant of finance, is neck-deep in a new legal whirlwind. They're slapped with a class action suit alleging securities law violations. Branded under the ticker BAC, Bank of America's actions (or lack thereof) have got shareholders shaking their heads and clenching their wallets. What's Got...
Enter Mercury Alerts in a Changing Trading Landscape Damn, if there ain't some days that throw us a curveball, today's one of them. Since Cboe pulled the plug on the beloved Trade Alert, it's like chopping off a trader's lifeline without a backup. Just when everyone was getting cozy with the way Trade Alert fed the options flow into our screens, here comes Harmeet Goindi...
Protect Your Water: Steps to Safe Drinking Imagine turning on your kitchen tap, and instead of refreshing, clean water, you get a murky mystery. Not exactly anyone's dream scenario, right? Enter Sean McGorry and his down-to-earth guide to water quality for New Hampshire homesteaders. It's not rocket science, but the whispers of neglected water systems tell tales of...
UniFirst Corporation Names Kelly Rooney as COO UniFirst Corporation (NYSE: UNF) has made a noteworthy improvement in its leadership team by appointing Kelly Rooney as the new Chief Operating Officer (COO), effective September 30, 2024. This decision is a significant step for UniFirst, especially in its endeavor to enhance operational excellence. Meet Kelly Rooney: An...
Next Hydrogen Solutions Inc. Takes Big Steps in Electrolyzer Testing Next Hydrogen Solutions Inc. has successfully wrapped up a crucial factory acceptance test for its second-generation electrolyzer module. This achievement is a significant milestone for the company, as these new electrolyzers are set to be installed at a client site shortly. Streamlined and...
LLH Healthcare Named Title Partner for American Football Championship LLH Healthcare (LLH) recently announced their role as the Title Partner for the upcoming American Football Championship, taking place on December 5, 2025. This event will be hosted by the top-seeded team in the American Football Conference, and it promises to be a significant celebration of college...
Expanding Horizons: Hector E. Silen Joins Insigneo's Team Insigneo, an established international wealth management firm, is excited to welcome Hector E. Silen as a valuable addition to its growing network. This move is part of Insigneo's strategic initiative to broaden its market presence, guided by their New York Market Head. The Importance of Strategic Team Growth...
Federal Government’s Major Investment in Rental Housing Today, an impressive investment exceeding $70 million has been earmarked for the construction of 207 rental units, a significant step towards addressing housing shortages in urban regions. This initiative, implemented through the Apartment Construction Loan Program (ACLP), aims to provide affordable housing options...
