{'authored_pages': [{'url': '/test', 'title': 'test'}], 'subtitle': u'', 'secure': 0L, 'tags': [], 'absolute_url': u'https://www.newmediawire.com/news/hemp-inc-releases-its-2018-annual-report-showing-massive-revenue-increase-over-previous-year-4828301', 'site_id': 270L, 'cover_url': '', 'open_new': 0L, 'content_type': u'releases', 'related_pages': [], 'date': datetime.datetime(2019, 4, 18, 14, 0), 'thumbnail_sizes': u'', 'albums': u'', 'default_file': None, 'categories': [{'description': u'', 'landing_page_url': None, 'id': 24219, 'is_hidden': False, 'title': u'Manufacturing'}, {'description': u'', 'landing_page_url': None, 'id': 24223, 'is_hidden': False, 'title': u'Environment'}, {'description': u'', 'landing_page_url': None, 'id': 24224, 'is_hidden': False, 'title': u'Green'}, {'description': u'', 'landing_page_url': None, 'id': 25589, 'is_hidden': False, 'title': u'Healthcare'}], 'description': u'Spring Hope, NC - (NewMediaWire) - April 18, 2019 - Hemp, Inc.\xa0(OTC PINK: HEMP) today reported financial results for the quarter and full year ending December, 31, 2018.\xa0 A global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, Hemp, Inc. showed over an 1,800% increase in sales from previous year 2017.Overall, sales increased from $107,002 in 2017 to $1,960,754 in sales for 2018, showing quarter-on-quarter increase for the year of 2018. Sales by quarter for the year were $96,498 for the 1stquarter; $108,100 in sales for the 2ndquarter; and $159,750 sales in for the 3rdquarter, with a remarkable $1,596,406 for the 4thquarter. Operating expenses rose only 72% percent from the previous year. Full-year sales for 2018 of $1,960,754 represent an increase of over 1,800% over the previous year.\u201cThis steady increase is indicative of the industry\u2019s growth. The industrial hemp industry and Hemp, Inc.\u2019s foothold in that industry continue to grow,\u201d said Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP).\xa0 \u201cWe\u2019ve fundamentally changed how we run our company to focus on building a hemp infrastructure since none existed previously.\xa0 We\u2019ve invested heavily to build this infrastructure, which currently consists of 9 divisions, as you\u2019ll read below. I liken Hemp, Inc.\u2019s business model to that of the Amazon.com model where today the richest man in the world plowed all their operating capital and profits back into building the infrastructure. We, instinctively, have been following that same path. This is a business strategy that obviously works very well.\u201dPerlowin went on to say 2019 will be the breakout year for Hemp, Inc. \u201cWe\u2019re hitting the market hard with massive revenues generated from massive sales.\u201dAs the first all-hemp public company in the industrial hemp industry, Hemp, Inc. has remained grounded and steadfast on ensuring the integrity of its guiding principles and it really is paying off.\xa0 Executives were exceptionally pleased that Hemp, Inc. delivered a strong finish to the year. Now, 4 months into the new fiscal year, Hemp, Inc. is continuing to work tirelessly for its shareholders and to maintain steady sales growth.\xa0 With the company\u2019s stability, both financially and operationally, and its commitment to the shareholders, positive sales through the new fiscal year are highly expected to be generated.In the second half of 2019, Perlowin says Hemp, Inc. will focus most of its resources and personnel on marketing as opposed to building a massive infrastructure. While there may be a few more infrastructure footprints created, he plans to focus on becoming a full-blown marketing company as the company transitions from a developmental stage company to an operating company.Thus far, Hemp, Inc. has 9 divisions:Division One\xa0\u2013\xa0\xa0The Industrial Hemp InfrastructureDivision Two\xa0\u2013\xa0\xa0The Hemp Farming InfrastructureDivision Three\xa0\u2013\xa0\xa0\xa0The Hemp Extraction InfrastructureDivision Four\xa0\u2013\xa0\xa0The Hemp Educational InfrastructureDivision Five\xa0\u2013\xa0\xa0The Hemp Marketing InfrastructureDivision Six\xa0\u2013\xa0\xa0Accessories, Products and ServicesDivision Seven\xa0\u2013\xa0\xa0Research and DevelopmentDivision Eight\xa0\u2013\xa0\xa0Industrial Hemp Investments and Joint VenturesDivision Nine\xa0\u2013\xa0\xa0Industrial Hemp ConsultingDivision One\xa0\u2013\xa0The Industrial Hemp InfrastructureThe Industrial Hemp Infrastructure\xa0(Division One)\xa0currently consists of two hemp processing facilities across the country, with two more under development, which will include an in-house third party testing laboratory.\xa0 The largest of the two is its multi-purpose industrial hemp processing facility and milling operation in\xa0Spring Hope, North Carolina. It\u2019s the largest \u201cindustrial hemp processing center\u201d 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 a 9-acre campus.\xa0It is ...', 'doc_type': u'Page', 'related_links': [], 'title': u'Hemp, Inc. Releases its 2018 Annual Report Showing Massive Revenue Increase Over Previous Year', 'url': u'/news/hemp-inc-releases-its-2018-annual-report-showing-massive-revenue-increase-over-previous-year-4828301', 'navigation': False, 'author': {'created_date': datetime.datetime(2019, 4, 21, 3, 48, 42, 883569), 'first_name': u'Hemp, Inc.', 'last_name': u'', 'full_name': u'Hemp, Inc. 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Spring Hope, NC - (NewMediaWire) - April 18, 2019 - Hemp, Inc. (OTC PINK: HEMP) today reported financial results for the quarter and full year ending December, 31, 2018. A global leader in the industrial hemp industry ...
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