SPRING HOPE, NC, July 17, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today that the company was featured in an  article  by The Business Journal regarding the U.S. Senate’s 2018 Farm Bill and what it could mean for the future of the U.S. industrial hemp industry. Hemp, Inc.’s 85,000 square foot industrial hemp processing and manufacturing facility in Spring Hope, North Carolina has been operational since August 2017 and creates products for the gas and oil drilling industries, among others.

The Business Journal covers Fresno, Madera, Tulare and Kings Counties in California. The Senate’s Farm Bill includes provisions that would legalize hemp, removing it from the federal list of controlled substances and allowing it to be sold as an agricultural commodity. 

The article, “ Farm Bill Talks Invigorate Hope for Hemp in the Valley ,” highlights Hemp, Inc.’s environmentally-friendly products for the gas and oil drilling industries using a proprietary blend of hemp and kenaf, along with several quotes from Hemp, Inc. CEO Bruce Perlowin discussing the implications of the Farm Bill for both the company and farmers in California and nationwide. 

Quoting Perlowin, The Business Journal reports: “It will allow you to grow hemp the same way you grow corn or rye or wheat or sweet potatoes or any other crops [...]. You can make more money on hemp than any other product grown in the United States, including marijuana.”

The article notes that Perlowin started, 11 years ago, the first publicly traded cannabis company in U.S. history, Medical Marijuana, Inc., and explains the potential he sees in the burgeoning hemp marketplace: “Hemp has way greater potential income-wise and business-wise. As an example, hemp plastics have more potential to make money than medical marijuana and recreational marijuana put together.” 

The article also details the importance of the Farm Bill in promoting the thousands of potential uses of hemp which are already being explored in European countries and could lead to an increased demand for production of hemp-based products in the United States. According to Fortune, the United States imported $78 million more worth of hemp than it exported in 2015, which highlights the impact federal prohibition of hemp has had on this trend.

The Farm Bill “would open the door to make America the No. 1 hemp-producing country in the world,” Perlowin tells The Business Journal. 

As more states continue to adopt pro-hemp legislation, more companies are entering the industrial hemp and cannabidiol (CBD) industry and looking to expand their footprint in the marketplace, thus aligning with Hemp, Inc. for its proven expertise and state-of-the-art hemp processing and manufacturing infrastructure that is rapidly expanding its footprint across the United States. Hemp, Inc.  announced July 10, 2018  that the company was launching a national tour to expand its industrial hemp growing capacity in the United States. 

According to Perlowin, while on tour, there have been many conversations regarding launching regional processing centers to be able to buy hemp from the small and medium-sized family farms. Farmers will be able to create their own product line of high-quality high-CBD low-THC cultivars and create a seed breeding and production joint venture with other local growers and/or Hemp, Inc. Hemp, Inc. can help farmers reach that goal by designing regional centers to process and market the raw materials and/or finished goods.  Any interested farmers should contact Hemp, Inc. via ir@hempinc.com.

“Processing locally is the key to this industry, since trying to ship hemp biomass over long distances tend to flatten out and ruin the buds and hemp plant. By building these processing centers all over America, we free the farmer from that task, allowing them to do what they love to do, which is farm,” said Perlowin.

To see video clips of the beginning of the national tour and docuseries from Arizona, Nevada, California to Oregon, visit Bruce Perlowin’s personal Facebook page and scroll down to see the one-minute videos from the past few weeks.

“We expect to announce several joint venture agreements over the next 2 weeks, thus fulfilling the mission and goals of the national tour,” says Perlowin.

The national tour has become part of a global docuseries, equipped with a video production crew, shadowing Perlowin and documenting the birth of a multi-trillion dollar industry every step of the way. “We know we are at the birth of a multi-trillion dollar industry and we want to capture that in a video docuseries with the goal of having the first of the series shown at the Sundance or Cannes Film Festival.  This is history in the making and we are documenting how and where it all began,” said Perlowin.

To see the latest highlights from the national tour, visit Perlowin’s personal Facebook page.

In the next 2 to 4 weeks, the public will be able to see live streaming video of the hemp growing Veteran Village Kins Community in Arizona in real time as part of the docuseries. Dozens of other fields are also being equipped with time-lapsed photography cameras as another part of the docuseries. The culmination of this tour will be the top 50 hemp growers, who all converge at the Veteran Village Kins Community in Arizona, to grow 5 acres each thus exposing the world in Arizona and all the growers around the country into the wonderful world of hemp.

The individual components of this massive educational and historical docuseries are drawing hemp growers from across the country.  To be a part of history in the making, contact Hemp, Inc. at ir@hempinc.com. Sponsorships and product placement opportunities are now available for this project; however, the company is only interested in 100% natural organic sustainable technologies and products. Farmers and growers interested in being a part of this docuseries and should contact ir@hempinc.com.

Dozens of master growers, from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, of course, Arizona, companies, and organizations have also expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on the 300 fenced acres in Arizona as part of "The Great United American Hemp Project," where each grower will be growing 5 acres. Interested master growers, from around the country, should contact Project Manager Dwight Jory at  ecogold22@gmail.com .

"While our First Friday Tours of our industrial hemp processing facility for Hemp, Inc. shareholders are only held once a month, tours of the Veteran Village Kins Communities are open to anyone at any time.  People can even bring their motorhomes or tents and camp out to volunteer and help build the first Veteran Village Kins Community in America.  We'll also be offering training classes, through our Hemp University, on how to build hempcrete homes. It's the perfect place and time to spend a part of your summer vacation," says Perlowin.

For a more complete description, read the following, modified, 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 (scheduled near the end of July 2018), the world can actually see the way the Veterans Village Kins Community is designed and watch it being built. According to Perlowin, the basic framework or overall plan of the Veterans 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 Project."  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.)

To read The Business Journal article, “Farm Bill Talks Invigorate Hope for Hemp in the Valley,” click  here .

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.

SOCIAL NETWORKS

http://www.twitter.com/hempinc (Twitter)

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https://www.facebook.com/KingOfPot (Bruce Perlowin's Facebook Page)

https://www.facebook.com/TheHempUniversity/ (The Hemp University's Facebook Page)

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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  here .

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. 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.

Hemp, Inc. 855-436-7688 ir@hempinc.com