Massive Revenues Expected as Hemp, Inc. Updates Shareholders on the First Phase of Processing its Hemp Harvest in Oregon
Las Vegas, NV, Oct. 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP) updates its shareholders on the first phase of processing its high cannabidiol (CBD) hemp crops in Medford, Oregon. According to executives, the Company has harvested what will be over 85,000 pounds of high CBD hemp flower. Hemp, Inc.’s drying process lends itself to creating its high quality range of “King of Hemp” pre-rolls and high CBD hemp flower. The sheer size and scope of this year’s crop is nothing short of amazing and is expected to be a massive game changer for Hemp, Inc. in terms of anticipated revenue. To get a glimpse of the size and scope of this operation, click here .
The Oregon harvest is expected to put the company on the frontlines of producing some of the nation’s best smokable hemp flower. “Many people, experts in the industry, have come out to see our grow and we’ve gotten a lot of positive comments. Many have said it’s the best crop in Southern Oregon,” said Bruce Perlowin, CEO of Hemp, Inc. “We expect this to be the largest on-going profit center in Hemp, Inc.’s 10 year history. The results of this harvest are proving to be incredibly promising. Furthermore, our shareholders and potential customers have a unique opportunity to watch the successful roll-out, on a daily basis, of Hemp, Inc.’s pre-rolls and high CBD smokable flower, as it goes through each of the different steps of production.” These steps of production include: preparing the field; planting; growing; harvesting; drying; curing; bucking; trimming; bulk packaging; rolling and packaging the pre-rolls; and, fulfillment.
The Company has employed over 200 employees during its harvest season to further support the infrastructure necessary for local and large scale farmers operating in the hemp space. According to Perlowin, industry experts predict 65% of hemp grown in America will never make it out of the fields and into the final retail stage. Contrary to this statistic, “Hemp, Inc. has survived and flourished and will be part of the 35% that actually makes it to the marketplace,” says Perlowin. Hemp, Inc. executives anticipate millions of dollars in revenue.
The projected launch date of the pre-rolls, according to executives, is December 1, 2019. The Company’s “King of Hemp” product line will offer high-end products that are an effective and flavorful alternative to cigarettes, vaping and other hemp consumption methods. The pre-rolls and high CBD buds are compliant with federal regulations and do not exceed 0.3% THC, making Hemp, Inc.’s pre-rolls legal in all 50 states based on the 2018 Farm Bill.
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Las Vegas, NV, Oct. 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP) updates its shareholders on the first phase of processing its high cannabidiol (CBD) hemp crops in Medford, Oregon. According to executives, the Company has harvested what will be over 85,000 pounds of high CBD hemp flower. Hemp, Inc.’s drying process lends itself to creating its high quality range of “King of Hemp” pre-rolls and high CBD hemp flower. The sheer size and scope of this year’s crop is nothing short of amazing and is expected to be a massive game changer for Hemp, Inc. in terms of anticipated revenue. To get a glimpse of the size and scope of this operation, click here .
The Oregon harvest is expected to put the company on the frontlines of producing some of the nation’s best smokable hemp flower. “Many people, experts in the industry, have come out to see our grow and we’ve gotten a lot of positive comments. Many have said it’s the best crop in Southern Oregon,” said Bruce Perlowin, CEO of Hemp, Inc. “We expect this to be the largest on-going profit center in Hemp, Inc.’s 10 year history. The results of this harvest are proving to be incredibly promising. Furthermore, our shareholders and potential customers have a unique opportunity to watch the successful roll-out, on a daily basis, of Hemp, Inc.’s pre-rolls and high CBD smokable flower, as it goes through each of the different steps of production.” These steps of production include: preparing the field; planting; growing; harvesting; drying; curing; bucking; trimming; bulk packaging; rolling and packaging the pre-rolls; and, fulfillment.
The Company has employed over 200 employees during its harvest season to further support the infrastructure necessary for local and large scale farmers operating in the hemp space. According to Perlowin, industry experts predict 65% of hemp grown in America will never make it out of the fields and into the final retail stage. Contrary to this statistic, “Hemp, Inc. has survived and flourished and will be part of the 35% that actually makes it to the marketplace,” says Perlowin. Hemp, Inc. executives anticipate millions of dollars in revenue.
The projected launch date of the pre-rolls, according to executives, is December 1, 2019. The Company’s “King of Hemp” product line will offer high-end products that are an effective and flavorful alternative to cigarettes, vaping and other hemp consumption methods. The pre-rolls and high CBD buds are compliant with federal regulations and do not exceed 0.3% THC, making Hemp, Inc.’s pre-rolls legal in all 50 states based on the 2018 Farm Bill.
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