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Hemp, Inc (HEMP)

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0.0092-0.0011 (-10.29%)
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Previous Close0.0102
Open0.0108
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0087 - 0.0108
52 Week Range0.0032 - 0.0410
Volume67,804,520
Avg. Volume109,813,638
Market Cap27.868M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • For Hemp, Inc., Renewable Industrial Hemp Fiber Is a Clear Winner Over Wood
    GlobeNewswire

    For Hemp, Inc., Renewable Industrial Hemp Fiber Is a Clear Winner Over Wood

    LAS VEGAS, NV, April 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), an established leader in the industrial hemp market, has long promoted the superiority of industrial hemp fiber over wood in specific applications. A recent article, written by Robert Ziner and published April 12 in Hemp Today, summarizes the favorable characteristics of industrial hemp and makes a clear argument for hemp’s many environmental benefits when compared with wood. In the article, Ziner discusses the strength, versatility and fast growth rate of industrial hemp, naming it “the most efficient biomass source in the world.” Some of the most striking characteristics of hemp include: A hemp stalk’s bast fiber is 10 times stronger than Douglas fir, a preferred wood for construction framing. One acre of hemp absorbs 8.88 tons of CO2 annually, while the same acre of forest can contain only 2.5 tons. Hemp has the highest cellulose content of all plants, making it an excellent replacement in many cellulosic applications, like wood-based paper. According to Ziner, industrial hemp isn’t just lighter and less expensive to process than wood, it yields 400% more usable fiber than an acre of trees. Ziner, who spent decades working in lumber processing and optimization, is the founder and CEO of Canadian Industrial Hemp Corp. The full article, “Industrial Hemp Fiber Is Better Than Wood in Every Way,” is available here. Hemp, Inc. has more than 10 years of experience growing and processing hemp, including operation of the largest industrial multipurpose hemp processing facility in North America. In addition to its 85,000-square foot facility in Spring Hope, N.C., the company has an established network of professionals in every segment of the industrial hemp industry. Hemp Inc.’s mission to provide green solutions that help make the world a better place continues to flourish as the company advances an ever-growing portfolio of revenue- and value-generating synergistic businesses. Hemp, Inc. is also focused on marketing and is currently negotiating with a network marketing company to launch several new products for different niche markets. Digital marketing campaigns are in the works including planning for display booths at all the concerts and events at the Veteran Village Kins Communities. The company is also selling directly to retail stores as well as distributing through all the King of Hemp Stores opening around America this year. Online distributors such as NaturalExposureCBD.com are also carrying the products. The company recently added its second brand (Billy Hayes) in the King of Hemp® product line which already consists of Bubba Kush hemp; CBD Pre-rolls, Fortified CBD Pre-rolls, CBD and CBG Caviar/Moon Rocks; and Diamonds (which are 96%-98.7% CBD, the only product like this in the marketplace today). According to executives, one of its distributors is selling a limited number of signed and numbered Billy Hayes CBG pre-rolls as a collector’s item for $100 each. Those interested in being the first to collect this “pirate treasure” should click here. There’s also a signed (by Bruce Perlowin) and numbered complete set of King of Hemp® CBD pre-rolls. (To hear the Bruce Perlowin theme song, click here.) The third in the series will be the Notorious Smith Brothers (famous smugglers from South Florida) to be released at a later date. The Company’s website for its King of Hemp® line (www.kingofhempusa.com) also has CBD oil tinctures available for purchase. The tinctures are available in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants sustainably sourced from Colorado. They are also compliant with the regulations created by the Colorado Department of Agriculture in regard to industrial hemp. The tinctures, as well as all CBD products, contain 0.3% or less THC and are compliant with the 2018 Farm Bill. To learn more, go to the King of Hemp® website. Those interested in King of Hemp® pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; can visit www.kingofhempusa.com and email sales@kingofhempusa.com. WHAT IS HEMP, INC.? What is 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 hemp farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. The Company is on a mission to be a powerful engine for social change and economic revival, worldwide, by providing hemp products that are eco-friendly, sustainable and healthy. Hemp, Inc. executives believe 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. The Securities and Exchange Commission (SEC) requires issuers to provide “adequate current information” and Hemp, Inc. does… using the SEC’s Alternative Reporting Standard to publicly report its quarterly and yearly financials. All current information can be found on www.hempinc.com/hemp-financial-disclosures/. 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. Contact: Hemp, Inc. 855-436-7688 ir@hempinc.com

  • Hemp, Inc. Reports: Studies Are Proving Life-Saving Benefits of Marijuana Legalization
    GlobeNewswire

    Hemp, Inc. Reports: Studies Are Proving Life-Saving Benefits of Marijuana Legalization

    Las Vegas, NV, April 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, shows that new research is being made in the legalization of cannabis products that could present a significant improvement in public health and wellness. The general support by both the public and lawmakers for the legalization of marijuana has increased significantly in recent years. As we learn more about the potential benefits that could impact our communities, government officials and citizens have joined forces to encourage the consideration of decriminalizing marijuana usage. Hemp Inc. is working to make a difference and spread awareness of the life and health-saving benefits that come along with the legalization and responsible use of marijuana. The criminalization of cannabis has a long history of detrimental effects that we have the ability to remedy by changing course and how we view the use of medicinal and recreational cannabis. According to economists D. Mark Anderson and Daniel I. Rees, studies have shown and concluded that legalizing cannabis products can have a positive impact on public health. Their paper that has been published by the National Bureau of Economic Research indicates that there are a few primary components that should be addressed in the consideration of marijuana legalization. Experts believe that there are three key factors that will be heavily impacted by the legalization of cannabis products: ● Tobacco usage ● Alcohol consumption ● Violent crime rates Although marijuana consumption is not void of its own consequences, it is important to consider the fact that the use of marijuana has never directly caused an illness leading to death. Tobacco, on the other hand, accounts for approximately 150,000 deaths in the United States each year. Studies have shown that the inhalation of tobacco products has a direct correlation to lung cancer, while marijuana has had no such proven effect. The goal here is to heavily reduce the habit of smoking cigarettes in favor of a less detrimental option such as smoking cannabis. The over-consumption of alcohol has long been a contributor in preventable deaths in the United States. Approximately 95,000 US citizens perish each year as a result of alcohol use. Studies are finding that there is a thirteen to fifteen percent decrease in alcohol consumption and related deaths in correlation with the legalization of marijuana in some areas. For many years, violent drug-related crime has been traced back to the criminalization of cannabis. Since legal dispensaries began opening up, we have seen a decrease of up to nineteen percent in violent crime rates including rape and theft. To aid in promoting the health benefits of legal cannabis, Hemp Inc. is working to provide widespread education on the medicinal benefits to marijuana use. Hemp Inc. has a variety of new medicinal products under their King of Hemp line to address a multitude of public health concerns that can be remedied in part with the use of cannabis products. The enterprise is working on a plan to construct display booths at all of the upcoming concerts and events at the Veteran Village Kins Communities. In addition to their display booths, Hemp Inc. will be making their King of Hemp line available at retail stores across America later this year. For those who prefer shopping online, King of Hemp products are currently available at NaturalExposureCBD.com. Included in the King of Hemp line are items such as Bubba Kush hemp, CBD pre-rolls, fortified CBD pre-rolls, CBD and CBG Caviar and Moon Rocks, as well as Diamonds, which are the only product on the market today that contain 96%-98.7% CBD. To learn more, go to the King of Hemp® website, here. According to Hemp Inc. executives, a distributor is selling a very limited number of signed Billy Hayes CBG pre-rolls as a collector’s item. Also available are CBD pre-rolls that are signed by Bruce Perlowin, and next in the series will be the Notorious Smith Brothers. Those items will be announced and sold at a later date. In addition to their pre-rolls, the King of Hemp line also includes tinctures that contain full-spectrum hemp oil that has been extracted from the flowers and leaves of sustainably sourced hemp plants. All King of Hemp products are compliant with the Colorado Department of Agriculture regulations and all CBD products contain 0.3% or less THC and are compliant with the 2018 Farm Bill. Those interested in King of Hemp® pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; can visit www.kingofhempusa.com and email sales@kingofhempusa.com. WHAT IS HEMP, INC.? What is 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 hemp farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. The Company is on a mission to be a powerful engine for social change and economic revival, worldwide, by providing hemp products that are eco-friendly, sustainable and healthy. Hemp, Inc. executives believe 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. The Securities and Exchange Commission (SEC) requires issuers to provide “adequate current information” and Hemp, Inc. does… using the SEC’s Alternative Reporting Standard to publicly report its quarterly and yearly financials. All current information can be found on www.hempinc.com/hemp-financial-disclosures/. 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. Contact Name: Hemp, Inc. Phone: 855-436-7688 Email: ir@hempinc.com

  • Hemp, Inc. Reports:  Governor Cuomo and Legislative Leaders Announce Agreement to Legalize Adult-Use Cannabis in New York
    GlobeNewswire

    Hemp, Inc. Reports:  Governor Cuomo and Legislative Leaders Announce Agreement to Legalize Adult-Use Cannabis in New York

    Las Vegas, NV, April 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, is pleased to report that, after years of stalled attempts, New York State has legalized the use of recreational marijuana, enacting a strongly formed program that will reinvest millions of dollars of tax revenues from cannabis in minority communities damaged by the decades-long war on drugs. New York became the 15th state to legalize the recreational use of cannabis, positioning itself to quickly become one of the largest markets of legal cannabis in the nation. This is a huge success in the hemp industry. Hemp Inc. supports the state’s legalization of industrial hemp, which can help grow the hemp marketplace where hemp products can be bought and sold. Legislation (S.854-A/A.1248-A) would establish the Office of Cannabis Management to implement a detailed regulatory framework that would cover medical, adult-use and cannabinoid hemp. The bill would also expand New York State's existing medical marijuana and cannabinoid hemp programs. The legislation provides licensing for marijuana producers, distributors, retailers and other actors in the cannabis market, and creates a social and economic equity program to assist individuals disproportionately impacted by cannabis enforcement that want to participate in the industry. The development of an adult-use cannabis industry in New York State under this legislation has the potential to create significant economic opportunities for New Yorkers and the state, including Hemp Producers nationwide. Tax collection is projected to reach $350 million annually and has the potential to create 30,000 to 60,000 new jobs in the state. The New York State Cannabis/Marijuana Regulation & Taxation Act contains the provisions to establish the Office of Cannabis Management who would be charged with enforcing a framework governing medical, adult-use cannabinoid hemp. It would be governed by a five-member board, with three members appointed by the governor and one appointment by each house. OCM would be an independent office operating as part of the New York State Liquor Authority. The Cannabis/Marijuana Regulation & Taxation Act will also contain the provisions in Medical Cannabis, Adult-Use Cannabis, Cannabinoid Hemp, Adult-Use Cannabis Tax Revenue, Municipal Opt-Out, Traffic Safety, Personal Possession and Home Cultivation, Criminal Justice and Record Expungement. This is a huge success for New York and will pave the way for Hemp Inc. to establish a foothold in other markets and territories. Hemp, Inc. is also focused on marketing and is currently negotiating with a network marketing company to launch several new products for different niche markets. Digital marketing campaigns are in the works including planning for display booths at all the concerts and events at the Veteran Village Kins Communities. The Company is also selling directly to retail stores as well as distributing through all the King of Hemp Stores opening around America this year. Online distributors such as NaturalExposureCBD.com are also carrying the products. The company recently added its second brand (Billy Hayes) in the King of Hemp® product line which already consists of Bubba Kush hemp; CBD Pre-rolls, Fortified CBD Pre-rolls, CBD and CBG Caviar/Moon Rocks; and Diamonds (which are 96%-98.7% CBD, the only product like this in the marketplace today). According to executives, one of its distributors is selling a limited number of signed and numbered Billy Hayes CBG pre-rolls as a collector’s item for $100 each. Those interested in being the first to collect this “pirate treasure” should click here. There’s also a signed (by Bruce Perlowin) and numbered complete set of King of Hemp® CBD pre-rolls. (To hear the Bruce Perlowin theme song, click here.) The third in the series will be the Notorious Smith Brothers (famous smugglers from South Florida) to be released at a later date. The Company’s website for its King of Hemp® line (www.kingofhempusa.com) also has CBD oil tinctures available for purchase. The tinctures are available in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants sustainably sourced from Colorado. They are also compliant with the regulations created by the Colorado Department of Agriculture in regards to industrial hemp. The tinctures, as well as all CBD products, contain 0.3% or less THC and are compliant with the 2018 Farm Bill. To learn more, go to the King of Hemp® website, here. Those interested in King of Hemp® pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; can visit www.kingofhempusa.com and email sales@kingofhempusa.com. WHAT IS HEMP, INC.? What is 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 hemp farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. The Company is on a mission to be a powerful engine for social change and economic revival, worldwide, by providing hemp products that are eco-friendly, sustainable and healthy. Hemp, Inc. executives believe 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. The Securities and Exchange Commission (SEC) requires issuers to provide “adequate current information” and Hemp, Inc. does… using the SEC’s Alternative Reporting Standard to publicly report its quarterly and yearly financials. All current information can be found on www.hempinc.com/hemp-financial-disclosures/. 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. Contact: Hemp, Inc. 855-436-7688 ir@hempinc.com