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Hemp, Inc (HEMP)

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Previous Close0.0083
Open0.0084
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Volume50,337,587
Avg. Volume89,218,927
Market Cap28.508M
Beta (5Y Monthly)0.62
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EPS (TTM)-0.0020
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  • Hemp, Inc. Reports: Industrial Hemp Pilot Program Launches in Mississippi to Help Farmers Grow Hemp
    GlobeNewswire

    Hemp, Inc. Reports: Industrial Hemp Pilot Program Launches in Mississippi to Help Farmers Grow Hemp

    Las Vegas, NV, May 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, reported today that the Mississippi Industrial Hemp Association is launching a pilot program to help its farmers legally grow hemp. The pilot program is expected to “help emerging farmers grow and sell the crop” according to the Wdam7 news source. The farmers will have access to resources, seeds and equipment, and will receive help with processing and distribution. Hemp, Inc. has relationships with farmers in Mississippi so the company is looking forward to expanding its reach there and seeing more business opportunities created. Many states across the country are seeing an increase in hemp farming. With the vision of a thriving industrial hemp industry, Hemp, Inc. has built a massive infrastructure over the past 12 years to support this robust industry. One market analysis report stated the global industrial hemp market size was 5.33 billion for 2020 and expects it to reach 15.26 billion by year 2027. (Read the Grand View Research report here.) The Mississippi Industrial Hemp Association (MSIHA) works with local farmers to build a viable and profitable commodity; educates on the benefits of growing, processing, and distributing the by-products of industrial hemp; and, provides economic growth opportunities for the local community. To learn more about MSIHA, click here. Application specifics for a hemp license can be found here. The U.S. Department of Agriculture (USDA) will accept applications from August 1st to October 31st of each year. All applications, whether new or for renewal, must comply with the requirements. Once the USDA approves the application, it will issue a producer license. Licenses are valid until December 31st of the third year from the date issued and do not automatically renew. They must be renewed every three years and include an updated criminal history report. Moreover, Hemp Inc. is 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 of sustainably sourced hemp plants. All King of Hemp® products are compliant with the 2018 Farm Bill. All of the Company’s CBD products contain 0.3% or less THC. Those interested in King of Hemp® pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; can visit www.kingofhempusa.com and email sales@kingofhempusa.com. Also 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. King of Hemp® products are also available at NaturalExposureCBD.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. Continues Massive Expansion In Florida
    GlobeNewswire

    Hemp, Inc. Continues Massive Expansion In Florida

    Las Vegas, NV, April 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, announced today this week marks the one year anniversary of Florida’s state hemp program as the Company continues its massive expansion in the state. Hemp, Inc. is currently scouting locations for its Kins Communities in order to build numerous hemp growing and processing facilities in Florida due to its booming hemp market estimated to surge to $30 billion, according to Fox Business’ Ashley Webster. Some are even calling it “the crop of the future”. According to the news source, “hemp has given a boost to the Sunshine State.” Overseen by the Florida Department of Agriculture and Consumer Services (FDACS), “the department and its Office of Cannabis manage and regulate Florida’s hemp program and cannabis products, including CBD.” According to Hemp, Inc. executives, Florida’s prime climate is right for hemp so it’s really just a matter of ensuring that there are proper processing facilities once the hemp has been harvested. Hemp, Inc. is in the initial stages of establishing hemp processing facilities, which have been a strong suit of the company given their success in other states, and the Company plans on equipping Florida hemp farmers with the infrastructure they need to ensure the success of hemp in the state. Thus far, “hemp in Florida has created an estimated $370 million economic impact, supported over 9,000 jobs, and generated over $17 million in federal, state, and local tax revenue.” Florida’s Agricultural Commissioner expects this year to have an increase in multicultural public education and outreach on the benefits of hemp. Hemp, Inc. has a strong foothold on the educational front with its Hemp University. The Company has held six successful hemp training symposiums in North Carolina and five in Oregon and will continue these educational symposiums throughout the entire state of Florida in order to support their hemp producers, processors, and retailers as demand continues to expand. Hemp, Inc. is proving to be one of the (hopefully many) dominate players in Florida that will help hemp farmers avoid a lot of the pitfalls they’ve faced in other states. “We will also advance research and testing, ensuring Florida hemp products meet the rigorous quality and safety standards that the law requires and consumers deserve. I’m proud of our department’s work on this new green economic driver, and I believe that Floridians will enjoy the benefits of this commodity for generations to come. The sky’s the limit for Florida hemp and we’re very excited about year two,” said Commissioner Fried. The processing facilities throughout the state are expected to be from the Florida Panhandle down to Homestead, Florida as this will benefit local hemp farmers and the Kins Communities as each hemp farmer needs a processing center nearby. The Kins Communities will also be a great resource to people in the state and will boost Florida’s hemp production once they are built out and fully operational. The foundations, for now, include over forty Kins Communities in Florida which have been set up so far. This infrastructure is important for Florida hemp farmers, as the FDACS has approved more than 800 hemp cultivation permits for farmers in 65 of Florida’s 67 counties, with more than 30,000 acres approved for planting. Moreover, Hemp Inc. is 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.? Hemp, Inc. is a publicly-traded company, founded in 2008, that has grown to become one of the most recognizable global leaders in the industrial hemp industry with a 62,000 square-foot raw hemp processing center in Medford, Oregon and approximately 10,000 square feet of space contracted for the production of finished goods in Las Vegas, Nevada With bold moves and decisive action taken this year so far, the Company had substantial revenues for its first quarter of 2021. Last year, Hemp, Inc. focused most of its resources and personnel on growing and processing a very successful high CBD hemp grow in Southern Oregon as opposed to building a massive infrastructure. Those bold moves and strategic actions laid the foundation for this year with the launch of its King of Hemp®, unique and one of kind, CBD and CBG products. Included in the King of Hemp® line are items such as Bubba Kush hemp, CBD and CBG pre-rolls, fortified CBD pre-rolls, CBD and CBG Caviar and Moon Rocks, as well as Diamonds, which are the only products 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 (former CEO of Hemp, Inc. now Chief Visionary Consultant to Hemp, Inc.). Next in the series will be the Notorious Smith Brothers. 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; or Diamonds, can visit www.kingofhempusa.com or email sales@kingofhempusa.com. Hemp Inc. will be making their King of Hemp® line available at retail stores across America this year. For those who prefer shopping online, King of Hemp® products are currently available at NaturalExposureCBD.com and www.kingofhempusa.com. The Company is focusing 90% of its efforts on marketing and generating revenues. “We’re now mass marketing and I’m certain we will have substantial revenue to report for the second quarter and beyond.” While there may be a few more infrastructure footprints created, it’s full speed ahead for Hemp, Inc. While Hemp, Inc.’s primary focus is industrial hemp, the Company has recently been promoting the health benefits of legal cannabis by educating the public 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, and expects to have display booths at all of the upcoming concerts and events at the Veteran Village Kins Communities. HEMP, INC.’S ELEVEN DIVISIONS It has been Hemp, Inc.’s intent to continually invest in building its hemp infrastructure, especially since none existed previously. In fact, the Company has instinctively been following the same path as Amazon… reinvesting profits and operating capital back into building the infrastructure. This is a business strategy that has been proven and works well. All the years leading up to this point were building and finishing the largest hemp infrastructure in America. Now the Company is focusing 90% of its efforts on marketing and generating revenues. Hemp, Inc.’s eleven divisions are as follows: Division One – The Industrial Hemp Infrastructure Division Two – The Hemp Farming Infrastructure Division Three – The Hemp Extraction & Pre-Roll Blending Infrastructure Division Four – The Hemp Educational Infrastructure Division Five – The Hemp Marketing Infrastructure Division Six – Accessories, Products and Services Division Seven – Research and Development Division Eight – Industrial Hemp Investments and Joint Ventures Division Nine – Industrial Hemp Consulting Division Ten – Educational Entertainment Division Eleven – Medical and Recreational Marijuana Division One – The Industrial Hemp Infrastructure The Industrial Hemp Infrastructure (Division One) consists of two hemp processing facilities across the country. The largest of the two is its multi-purpose industrial hemp processing facility and milling operation in Spring Hope, North Carolina. It’s the largest “industrial hemp processing center” in the western hemisphere and has grown to become one of the pre-eminent centers of the industrial hemp industry. The 85,000 square foot facility sits on 9 acres. It is environmentally sustainable and was built from the ground up in hopes of “Making America Hemp Again." With a patent pending manufacturing process, the North Carolina facility is operating full time to process the Company’s unique kenaf-hemp blend and manufacture all-green natural loss circulation material (LCMs), called DrillWall™ . The DrillWall™ is to be sold to the oil and gas drilling industry, along with an all-green natural oil spill absorbent, a second industrial kenaf-hemp product called Spill-Be-Gone™. In addition to the company’s industrial hemp processing facility in Spring Hope, North Carolina, Hemp, Inc. also has a 62,000 square-foot raw hemp processing center in Medford, Oregon (which focuses on hemp harvesting, drying, curing, trimming, bagging, storing, and in some cases selling high CBD hemp for local farmers and the Company’s own hemp grown in that area, and post-processing for the CBD industry) and approximately 10,000 square feet contracted for the production of finished goods in Las Vegas, Nevada. The Company’s main focus is the “King of Hemp® pre-rolls and high CBD smokable buds… a new phenomenon of smoking hemp which has caught the marketplace by storm. Division One Products: · DrillWall™ (a loss circulation material) · Spill-Be-Gone™ (an oil spill cleanup product) · Hemp/kenaf bioplastics Division Two – The Hemp Farming Infrastructure The Hemp Farming Infrastructure (Division Two) consists of numerous acres of hemp and kenaf growing in multiple locations, farm equipment, cloning rooms, clones and seeds, grow rooms, greenhouses, hemp drying facilities and a huge amount of peripheral farming tools and equipment. The progress Hemp, Inc. has made in its agricultural endeavors, over the course of five years, has been amazing. This year marks the sixth year that Hemp, Inc. has been growing hemp. Visit https://www.hempincpresents.com/ to see the videos of Hemp, Inc.’s grows in multiple locations.) Hemp, Inc. operates “Small Family Hemp Farm” models. The “Small Family Hemp Farm” in North Carolina is situated on 12 acres and consists of a cloning room, a greenhouse, and enough land to grow 2,000-3,000 high CBD or CBG hemp plants. The model shows farmers how to grow high CBD and CBG hemp plants, operate a greenhouse and turn a barn into a cloning room to earn up to $100,000+ a year. This shows an example of how the “Small Family Hemp Farm” can be duplicated and reappear on the American landscape. After all, the original small family farms in America were able to survive economically by growing hemp as their main cash crop and the first five presidents of the United States were all hemp farmers. Another model “Small Family Hemp Farm” is located Dolan Springs, Arizona. This “Small Family Hemp Farm” is referred to as “The Orchard” since it has a sizable organic orchard. There are 2 acres on which hemp will be grown; a cloning room; cold storage; and a greenhouse that is planned to be installed. This year mostly CBG hemp will be grown. “This year is about sales and marketing for us. Right now, we believe we have the largest footprint of bio-diverse hemp products with vertical integration in the hemp industry in America today. We are always looking for joint ventures where we have or can expand our footprint,” commented a Hemp, Inc. executive. Moreover, “A to Z” services for the farmers are available - from harvesting to drying, curing, bucking, machine trimming, hand trimming, bagging, storing, nitrogen sparging, and selling… creating a “one stop shop” for the small to large family farms. Division Two Products include: · The King of Hemp® Pre-Roll Blends Visit www.kingofhempusa.com for current products. Division Three – The Hemp Extraction & Pre-Roll Blending Infrastructure The Hemp CBD Oil Extraction & Pre-Roll Blending Infrastructure (Division Three) originally consisted of a Supercritical C02 Extractor. After operating for over a year it has been determined that Hemp, Inc. will not be involved in the extraction industry and has changed its direction to focus primarily on the King of Hemp® pre-rolls and The King of Hemp® high CBD smokable flower. The CBD oil that was extracted from the 2018 hemp grows in North Carolina has been made into pure crystalline CBD isolate which was added to the Company’s “King of Hemp®” branded line of pre-rolls that are now in the marketplace across all 50 states. Division Four – The Hemp Educational Infrastructure The Hemp Educational Infrastructure (Division Four) includes Hemp, Inc.'s Hemp University which focuses on educating and empowering Hemp farmers and entrepreneurs with knowledge, processing, infrastructure and support. The educational seminars, through the Hemp University, are held as needed. These seminars teach farmers and landowners how to create a profitable income stream by maximizing the per-acre crop revenue. Through this division, Hemp, Inc. has trained well over 500 farmers in its first two years by doing a total of nine Hemp University seminars in North Carolina and Oregon, which included: The New Leaf Symposium and Golden Grow Awards Gala - January 26, 2020 (Jacksonville, Oregon) “The New Leaf Symposium’s” focus was “Regeneration" to celebrate optimism and resilience in the industry, the power of the plant, and faith in the hemp-producing community. The event sold out with over 180 attendees. The feedback from attendees was overwhelmingly possible and the speakers were hailed as the best yet. The educational symposium concluded with the “Golden Grow Awards Gala”. The Golden Grow Awards Gala honored Oregon's top cultivars and put Oregon’s best farmers head-to-head for some of the most prestigious hemp-industry accolades. There were four categories judged in the awards: Top CBD, Top Terpenes, Judge’s Favorite, and Peoples’ Choice. (See Bruce Perlowin’s personal Facebook post on 1/28/20 for a short video on this symposium.) The Pre-Harvest Symposium – September 8, 2019 (Oregon) “The Pre-Harvest Symposium” workshop at Southern Oregon University was expertly designed for both farmers and entrepreneurs of all experience levels, focused on harvesting, processing and profit channels within the hemp industry. The third edition of the Southern Oregon Hemp University brought an abundance of insight into innovations within the realm of harvesting and processing to the forefront. Additionally, the symposium touched on traditional practices in agriculture. (See Bruce Perlowin’s personal Facebook post on 9/9/19 for a short video on this symposium.) Pre-Plant Support Workshop – May 4, 2019 (Oregon) “The Pre-Plant Support Workshop” was an incredible success that filled the entire venue to capacity with attendees. In total, there were close to 200 attendees, including 20 vendors in attendance. The workshop was designed to help hemp farmers or those who are interested in the hemp industry learn the best pre-planting practices prior to the planting season. The Hemp University Pre-Planting Support Workshop was an interactive and informative workshop that covered the various details hemp farmers should know prior to planting in the 2019 season and beyond. (See Bruce Perlowin’s personal Facebook post on 5/9/19 for a short video on this workshop.) The Hemp University Educational Seminar - March 23, 2019 (Oregon) This was the first Hemp University held on the West Coast. The seminar provided attendees with a full day of networking, education, and support. The seminar helped others in the area who were interested in the hemp industry learn more about the “Industrial Hemp Revolution” and how this movement can not only transform Southern Oregon’s economy, but also revive family farms and small businesses in the surrounding areas. (See Bruce Perlowin’s personal Facebook post on 3/28/19 for a short video on this seminar.) Growing Hemp for Profit – March 10, 2018 – (North Carolina) The Hemp University’s first educational symposium event of 2018 entitled “Growing Hemp for Profit” took place on Saturday, March 10, 2018. Attendees learned from the University’s industrial hemp experts as they shared their lessons from their experiences in growing industrial hemp. “Growing Hemp for Profit,” which took place from 8:30am to 5 pm at the Hilton Garden Inn in Charlotte, North Carolina. (See Bruce Perlowin’s personal Facebook post on 3/17/18 for a short video on this symposium.) Hemp Money Event: Economics, Lessons & Planning for 2018 – December 2, 2017 – (North Carolina) The fifth most vital and anticipated educational symposium of the year was Hemp Money Event: Economics, Lessons & Planning for 2018. This symposium was held on Saturday, December 2, 2017 from 8:30am to 5:00pm at the Shrine Club (320 Airport Rd, Rocky Mount, NC 27804). Attendees learned the economics of growing industrial hemp for fiber, seeds, and CBD; learned about other master POD growers’ experiences and lessons; and, learned how to prepare for the 2018 industrial hemp growing season with a well-defined blueprint for success. (See Bruce Perlowin’s personal Facebook post on 12/23/17 for a short video on this symposium.) The Hemp Oil Event: The Art and Science of CBD Oil – September 30, 2017 (North Carolina) The Hemp Oil Event (The Art & Science of CBD Oil) was The Hemp University’s fourth symposium in North Carolina, held on Saturday, September 30, 2017 from 8:30am to 5:00pm at the Peachtree Hills Country Club, 3512 Peachtree Hills Road, Spring Hope, NC 27882. The symposium brought attendees up to speed on all business and scientific aspects of Industrial Hemp CBD cannabinoids by disseminating current, reliable information that continues to shape the revolutionary CBD market. Attendees also got a chance to go to Hemp, Inc.’s, then, 70,000 square foot multipurpose industrial hemp decortication facility for the first live public demonstration of its Supercritical CO2 Extraction System using North Carolina-grown CBD industrial hemp. Representatives from NuAxon Bioscience were also on-site to allow those interested in purchasing their own CBD extraction system. (See Bruce Perlowin’s personal Facebook post on 9/30/17 for a short video on this symposium.) The Art and Science of CBD Greenhouse Growing – June 24, 2017 (North Carolina) The 3rd Hemp University educational symposium held on June 24, 2017 focused on The Art and Science of CBD Greenhouse Growing. The educational symposium was held at Louisburg College in Louisburg, North Carolina. A team of experts engaged attendees through the greenhouse and indoor growing process from cultivation to harvest and from processing to distribution. Dr. Robert Bruck, Dean of Science, Technology, Engineering and Mathematics and Distinguished Professor of Environmental Science at Louisburg College, was The Hemp University’s special guest who lectured on soil microbiology during the symposium. Attendees were able to spend half of the course at Hemp, Inc.’s, then, 70,000 square-foot Industrial Hemp Hub, in a 3,000 square-foot cloning room. There, attendees had the opportunity to experience a more hands-on learning approach. (See Bruce Perlowin’s personal Facebook post on 6/30/17 for a short video on this symposium.) Farming Hemp for Profit™ – April 29, 2017 (North Carolina) Hemp, Inc.’s second, sold out, educational symposium (Farming HEMP for Profit™), through its Hemp University, was a phenomenal success. The symposium took place on Saturday, April 29, 2017, from 8:30am – 5:00pm, at the Hampton Inn & Suites located at 3920 Arrow Drive, Raleigh, NC 27612 and drew over 100 attendees. The one-day educational symposium and tour of Hemp, Inc.’s, then, 70,000 square-foot multipurpose industrial hemp facility was an opportunity for landowners and farmers to learn how to apply real business building tactics with a “specific step-by-step blueprint” on how to grow, sell and profit from farming industrial hemp. This event accomplished its mission to help landowners and farmers add a new viable and profitable income stream by maximizing the per-acre crop revenue. (See Bruce Perlowin’s personal Facebook post on 4/30/17 for a short video on this symposium.) Farming Hemp for Profit™ – March 18, 2017 (North Carolina) This was Hemp, Inc.’s first Hemp University symposium. The symposium was a sold out event and was a huge success with 100 attendees who rated the quality of information presented as excellent. The symposium took place on Saturday, March 18, 2017, from 8:00am – 5:00pm, at Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, located at 1436 Highway 581 North, Spring Hope, North Carolina, 27882. The one-day educational symposium was an opportunity for landowners and farmers to receive a “specific step-by-step blueprint” on how to grow, sell and profit from farming industrial hemp by using real business tactics and principles, presented by industry experts. (See Bruce Perlowin’s personal Facebook posts on 3/18-19 and 3/21-26, 2019 for a short videos on this symposium.) To listen to past Hemp University workshops, please visit hemp-university.teachable.com. Also visit https://www.hempincpresents.com to see highlights from Hemp, Inc.’s inaugural Hemp University held in North Carolina, which sold out in two weeks. The Hemp University’s twelve online educational masterclasses are $10 each and each masterclass is under an hour in length. The online courses include lectures from industry leaders who have educated attendees at the Hemp University workshops in Oregon. These online masterclasses provide farmers who were either not able to attend the first Hemp University or who would like to revisit certain topics presented by the event speakers. Those interested in Hemp, Inc.’s online courses, including experts in any aspect of the industrial hemp industry, should contact (855) 554-6834. “Since The Hemp University’s initial launch with the educational symposium, the number of attendees grew tremendously and was an overwhelming success, each time. The interactive, hands-on learning approach was invaluable. By learning in an interactive cohort format, students gained the necessary skills they needed to immediately implement them on their farm or in their organization. It’s the perfect mix of quality instruction, relevant educational content and a high level of commitment, to ensure the educational success of each attendee,” said one Company executive. The Hemp University has helped transform the livelihoods of North Carolina and Oregon farmers transitioning from tobacco and other crops to industrial hemp by providing them with the tools and support needed to gain a foothold in this burgeoning industry. Division Five – The Hemp Marketing Infrastructure While marketing is a critical facet of any business operation for increasing revenues, Hemp, Inc. believes there must be a keen focus on the infrastructure. The demand for CBD, CBG and other hemp products is massive, some even say the demand is insatiable. In order to supply that type of volume/demand, there has to be a strong foundation or infrastructure in place. The cannabidiol (CBD) market is on track to grow to $23.7 billion through 2023, according to the Brightfield Group. The firm also estimated the smokable hemp market to be valued at $11.5 million in 2018, a growth of 250% from 2017. Division Six – Accessories, Products and Services Division Six focuses on the sale of hemp industry accessories such as the sale of extractors, harvesters, storage bags, containers, fertilizer, soil amendments, humidifiers, dehumidifiers, balers, greenhouses, and greenhouse equipment; the drying, trimming, curing, storing and brokering for other farmers harvesting hemp; and ultimately anything else a hemp farmer may need to be successful. Division Seven – Research and Development While Research and Development has been an integral part of Hemp, Inc. since day one, the Company plans on developing a more formal research and development project. This division will then start and expand rapidly. The Company originally planned for Puerto Rico to be a research and development hub, but found the barrier to entrance was much too great and has therefore changed its position to focus its research and development division on states where hemp is already legal. Hemp, Inc. is proud to have been a pioneer and leader in the early stages of the hemp industry in America with our strategy to build infrastructure even before legalization occurred in a state such as what was done in North Carolina and Arizona. Division Eight – Industrial Hemp Investments and Joint Ventures Hemp, Inc. established its eighth division (Industrial Hemp Investments and Joint Ventures). Since the passing of the 2018 hemp bill, Hemp, Inc. has been flooded with inquiries of people who want to invest in the hemp industry but don’t know where to start. As the Avant-guard of the industrial hemp industry, Hemp, Inc. has put together numerous joint venture investment opportunities for the medium to large-scale investor. Those who are interested should email ir@hempinc.com. Millionaire investors, and in some cases billionaires and billion dollar hedge fund managers, are aggressively trying to get into the hemp industry since the passing of the 2018 Farm Bill. Our joint venture agreements are that they put up the money and we put up the expertise in a 50/50 revenue share (after all the initial investment money is paid back). This will save the large-scale hemp investor often two years and dozens of multi-million dollar mistakes that they “WILL” often make without an expert in the hemp industry. This is where Hemp, Inc.’s vast network of experts and resources, built over a period of 10 years, in the industrial hemp industry come into play because this is something we can easily provide to those interested in entering this industry. Division Nine – Industrial Hemp Consulting Hemp, Inc.’s Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) was recently restructured as its ninth division and is now “Division Nine - Industrial Hemp Consulting”. With an influx of public companies wanting to expand into the industrial hemp industry, Hemp, Inc. has been inundated with potential consulting and joint venture agreements. To keep up, Hemp, Inc. revamped its consulting division to work hands-on with each company to provide its years of expertise. There is definitely a sense of a “Community of Companies” whereby a lot of companies are working together to pool their resources, marketing connections and strategies in order to grow simultaneously. Typically, companies seeking in depth consulting services from Hemp, Inc. pay mostly in stock since cash flow is oftentimes tight during the developmental stage of start-up companies in this industry. Through Hemp, Inc.’s Division Nine – Industrial Hemp Consulting, a wide range of services are forged from the experiences of creating the first publicly traded company in the cannabis sector (Medical Marijuana, Inc.) and having over a decade of experience in the industrial hemp industry’s public sector. Division Ten – Educational Entertainment The Educational Entertainment division will cover everything from investing in the movie “The Adventures of the King of Pot” (https://www.kingofpotthemovie.com/) and other historical movies, books and documentaries representing our industry up to the current docuseries being made on “The Modern Day History of Hemp”. Those interested in investing in any one of these ventures should contact ir@hempinc.com. Division Eleven – Medical and Recreational Marijuana Hemp, Inc.’s newest division, Medical and Recreational Marijuana, is underway to enter the cannabis market in 2021 once marijuana is fully legalized across the country. Banks and merchant account providers will be more open and accepting of marijuana companies. Right now, the banking regulations for marijuana companies are very draconian. “I’ve known so many banks to close accounts merely because they were associated with the industry. Anyway, we don’t know if we’ll wait for full legalization yet but that decision won’t discount the building out of facilities and preparation for it. After legalization occurs and large scale marijuana grows are underway, this division would already be positioned as a ‘go-to’ consultant due to our industry expertise.” PREVIOUS PRESS COVERAGE Between the Hemp University, the hemp processing center and Bruce Perlowin himself, the Company has created an enormous amount of media coverage. See below for the list of press hits the Company has received up to the end of this quarter: Hit: “Hemp: the burgeoning industry of southern Oregon” - (NBC) KOBI-5, December 22, 2018 Press Release: “Hemp, Inc. Featured on Oregon NBC 5 Station Following Passage of 2018 Farm Bill” https://www.hempinc.com/hemp-inc-featured-on-oregon-nbc-5-station-following-passage-of-2018-farm-bill/ Hit: “Carolina’s next cash crop?: Farm bill will add hemp into more growers’ rotation” - The Wilson Times, December 26, 2018 Press Release: “Hemp, Inc. Receives Prominent News Coverage Discussing Hemp Legalization and Small Family Farms” https://www.hempinc.com/hemp-inc-receives-prominent-news-coverage-discussing-hemp-legalization-and-small-family-farms/ Hit: “Arizona's next cash crop? Lawmaker pushes for rush on hemp bill” - ABC 15, January 28, 2019 Press Release: “Hemp, Inc. Applauds Arizona Legislative Drive to Push Up Industrial Hemp Licensing Date to June 2019 as Veteran Village Kins Community Builds Out Infrastructure” https://www.globenewswire.com/news-release/2019/02/25/1741708/0/en/Hemp-Inc-Applauds-Arizona-Legislative-Drive-to-Push-Up-Industrial-Hemp-Licensing-Date-to-June-2019-as-Veteran-Village-Kins-Community-Builds-Out-Infrastructure.html Hit: “Farmers could plant hemp in Arizona fields this summer, if bill passes - ABC KUGN-9, February 8, 2019 Hit: “Adams on Agriculture - Bruce Perlowin/Hemp, Inc.” - Adams On Agriculture, February 22, 2019 Press Release: “Hemp, Inc. CEO Featured on National Radio Show Discussing Company's Expanding Footprint and Demand for Cannabidiol” https://www.globenewswire.com/news-release/2019/02/27/1743589/0/en/Hemp-Inc-CEO-Featured-on-National-Radio-Show-Discussing-Company-s-Expanding-Footprint-and-Demand-for-Cannabidiol.html Hit: “Hemp, Inc. seeking JV partners for processing facilities, CEO says” - MergerMarket, February 28, 2019 Hit: “Hemp, Inc. holds first west coast educational seminar in Ashland” - (NBC) KOBI-5, March 23, 2019 Press Release: “Hemp, Inc. Featured by CBS and NBC Affiliates in Oregon About The Hemp University’s Educational Hemp Seminar” https://www.hempinc.com/hemp-inc-featured-by-cbs-and-nbc-affiliates-in-oregon-about-the-hemp-universitys-educational-hemp-seminar/ Hit: “Hemp University: getting schooled on cannabis” - CBS News 10, March 26, 2019 Press Release: “Hemp, Inc. Featured by CBS and NBC Affiliates in Oregon About The Hemp University’s Educational Hemp Seminar” https://www.hempinc.com/hemp-inc-featured-by-cbs-and-nbc-affiliates-in-oregon-about-the-hemp-universitys-educational-hemp-seminar/ Hit: “How Hemp Is Giving Renewed Life To America's Tobacco Farmers” - Forbes, March 25, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Forbes Discussing Tobacco Farmers Who are Turning to Industrial Hemp” https://www.hempinc.com/hemp-inc-ceo-bruce-perlowin-featured-in-forbes-discussing-tobacco-farmers-who-are-turning-to-industrial-hemp/ Hit: “Market for hemp still a ways off” - Tri-State Neighbor, March 28, 2019 Hit: “Tobacco growers may find new avenue in hemp farming” - AgDaily, April 26, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in AgDaily Discussing Hemp as Agricultural Industry’s Newest Cash Crop” https://www.hempinc.com/hemp-inc-ceo-bruce-perlowin-featured-in-agdaily-discussing-hemp-as-agricultural-industrys-newest-cash-crop/ Hit: “Industrial hemp has potential to be a big cash crop for area farmers” - Tulsa World, May 12, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Tulsa World Discussing Oklahoma’s Industrial Hemp Industry” https://www.hempinc.com/hemp-inc-ceo-bruce-perlowin-featured-in-tulsa-world-discussing-oklahomas-industrial-hemp-industry/ Hit: “Growing hemp in the desert” - Today’s News-Herald/Havasu News, June 10, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured on Cover of Today’s News-Herald Discussing Arizona's Industrial Hemp Industry” https://www.globenewswire.com/news-release/2019/06/17/1869821/0/en/Hemp-Inc-CEO-Bruce-Perlowin-Featured-on-Cover-of-Today-s-News-Herald-Discussing-Arizona-s-Industrial-Hemp-Industry.html Hit: “Hempathon" contest planned for Golden Valley” - Mohave Daily News, July 7, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Mohave Daily News and CBD Today Discussing Hempathon” https://finance.yahoo.com/news/hemp-inc-ceo-bruce-perlowin-165236585.html Hit: “Hemp, Inc. Seeking Agriculture Suppliers and Farmers for Hempathon Event” - CBD Today, July 2, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Mohave Daily News and CBD Today Discussing Hempathon” https://finance.yahoo.com/news/hemp-inc-ceo-bruce-perlowin-165236585.html Hit: “Hemp Inc. to Hold “Hempathon” in Mohave County” - Arizona Cannabis News, July 15, 2019 Hit: “Hemp, Inc. taking hemp into bioplastics” - Plastics News, August 22, 2019 Press Release: “Hemp, Inc. Featured in Plastics News Regarding Entry Into Hemp Bioplastics Industry to Help Fill Growing Demand for Eco-friendly Materials” https://www.hempinc.com/hemp-inc-announces-hemp-cultivation-now-legal-in-new-jersey-through-expanded-regulations/ Hit: “ROSEBUD ORIGINAL VIDEO: Hemp University the Pre-Harvesting Symposium” - Mail Tribune, September 9, 2019 Press Release: “Hemp, Inc. Subsidiary, The Hemp University, Featured in Mail Tribune Showcasing Pre-Harvest Symposium Hemp Workshop” https://www.hempinc.com/hemp-inc-subsidiary-the-hemp-university-featured-in-mail-tribune-showcasing-pre-harvest-symposium-hemp-workshop/ Hit: “Hemp In The Valley” - CBS News 10, September 12, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured on CBS News 10 in Oregon Discussing State’s Booming Hemp Industry” https://www.hempinc.com/hemp-inc-ceo-bruce-perlowin-featured-on-cbs-news-10-in-oregon-discussing-states-booming-hemp-industry/ Hit: “Episode 72 : "King of pot, smuggling 101, and getting arrested on an airplane” - Off Script With Trish Glose, CBS News 10 Podcast, September 25, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin to be Featured on the Podcast “Off Script with Trish Glose” This Wednesday” https://www.hempinc.com/hemp-inc-ceo-bruce-perlowin-to-be-featured-on-the-podcast-off-script-with-trish-glose-this-wednesday/ Hit: “Why US Tobacco Farmers Are Switching To Hemp” - Business Insider, September 16, 2019 Press Release: “Hemp, Inc. Affiliate, Through a Joint Venture, Featured on Business Insider for North Carolina Farming Operations” https://www.hempinc.com/hemp-inc-affiliate-through-a-joint-venture-featured-on-business-insider-for-north-carolina-farming-operations/ Hit: “HEMP, INC. Joins The Stock Day Podcast to Discuss The Distribution of Their Hemp Pre-Rolls” - Stock Day Podcast, September 27, 2019 Press Release: “HEMP, INC. Joins The Stock Day Podcast to Discuss The Distribution of Their Hemp Pre-Rolls” https://www.hempinc.com/hemp-inc-joins-the-stock-day-podcast-to-discuss-the-distribution-of-their-hemp-pre-rolls/ Hit: “Hemp hardwoods, bioplastics expand crop use beyond CBD” - United Press International, October 2, 2019 Press Release: “Hemp, Inc. Featured in Globally Syndicated News Provider, United Press International, Discussing Industrial Applications for Bioplastics” https://www.hempinc.com/hemp-inc-featured-in-globally-syndicated-news-provider-united-press-international-discussing-industrial-applications-for-bioplastics-2/ Hit: “Rising High: An Exclusive Talk with Industrial Hemp Company Hemp, Inc.” - The Fly, October 17, 2019 Press Release: “Hemp, Inc. Profiled in Financial News Outlet, The Fly” https://www.hempinc.com/hemp-inc-profiled-in-financial-news-outlet-the-fly-2/ Hit: “Lack of Processing Facilities For Hemp” - ABC News Watch 12, October 30, 2019 Press Release: “Hemp, Inc. Oregon Processing Operation Featured in NewsWatch 12’s Harvest Coverage” https://www.hempinc.com/hemp-inc-oregon-processing-operation-featured-in-newswatch-12s-harvest-coverage/ Hit: “Hemp farmers in red tape” - CBS News 10, November 5, 2019 Press Release: “Hemp, Inc.’s Commentary on New USDA Rules Featured in KTVL Broadcast and Smoky Mountain News” https://finance.yahoo.com/news/hemp-inc-commentary-usda-rules-133259687.html Hit: “Legislature to ban smokable hemp in N.C.” - Smoky Mountain News, November 6, 2019 Press Release: “Hemp, Inc.’s Commentary on New USDA Rules Featured in KTVL Broadcast and Smoky Mountain News” https://finance.yahoo.com/news/hemp-inc-commentary-usda-rules-133259687.html Hit: “Hemp Inc. CEO, Bruce Perlowin Interview” - The Light, November 13, 2019 Press Release: “Hemp, Inc. CEO Bruce Perlowin Joins News Video Series, The Light, to Discuss Company Initiatives” https://finance.yahoo.com/news/hemp-inc-ceo-bruce-perlowin-124612561.html 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

  • 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