Hemp, Inc.'s North Carolina Grow and Co-Op Partners Aim to Participate in Global Hemp Market Through New US-China Agriculture Deal
Las Vegas, NV - (NewMediaWire) - June 1, 2020 - Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp
industry with bi-coastal processing centers, including the 85,000 square foot
multipurpose industrial hemp processing facility on
9 acres in Spring Hope, NC, a 55,000 square foot state of the art local
processing center in White City, Oregon, a 500-acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona,
two model “Small Family Hemp Farms” in North Carolina and Arizona, a pre-roll blending manufacturing
facility in Las Vegas, NV, and a 5,000 square-foot retail store (The King of Hemp Store™) in Kingman, Arizona, announced today that it has
the capacity to supply hemp to China based on a new US-China trade agreement.
The recently signed agriculture
trade deal delineates that China has agreed to purchase hemp fiber from the
United States. Hemp is mentioned specifically in the trade agreement, in which
the Chinese government agreed to spend at least $12.5 billion more on total
U.S. agricultural commodity imports than it did in 2017. The agreement refers
to “true hemp” which is defined narrowly as raw materials which can be
processed but not spun; it also applies to the “tow and waste of true hemp”
which includes yarn waste and garnetted stock.
While getting hemp written into the
trade deal is a sign of progress for the industry, some speculate that it seems
unlikely that U.S. producers are prepared to take advantage of that
opportunity. However, Hemp, Inc. has continued to build out its infrastructure
and grow operations in North Carolina so that it can become a major hemp
supplier.
Hemp, Inc. is growing 50 acres of hemp fiber that meets the requirements of the deal at their facilities in North Carolina. The company fulfilled a $1 million dollar sales agreement for its DrillWall™, their proprietary kenaf-hemp blend natural Loss Circulation Material (LCM) product for the oil and gas well drilling industries.
Also, during the first quarter and
half of the second quarter, Hemp, Inc. surpassed $1,000,000 in sales from
their super high quality, premium hemp flower, Pre-98 OG Bubba Kush. According
to Hemp, Inc. CEO, Bruce Perlowin, the Company expects strong sales to continue
based on the high demand for its super high quality premium hemp flower.
The Company also currently works
with several industrial hemp growers around America. This has primed the
company to be a major actor in supplying China with hemp as per the new
agreement; not only from what the Company grows but also from sourcing raw hemp
materials from its partners’ grow operations which make up a nationwide network
of growers.
While Asia Pacific accounted for
the largest market share in 2018, there is a lot of opportunity for American
hemp going forward. The global industrial hemp market size is expected to reach
USD 15.26 billion by 2027, exhibiting a revenue-based CAGR of 15.8% over the
forecast period, according to a new report
published by Grand View Research, Inc.
“Fiber hemp is low risk and less
labor intensive than hemp for CBD. We grow much of our industrial hemp in North
Carolina and strongly believe we are equipped to supply hemp through our own
operations and the partnerships we have across the country,” said Hemp, Inc.
CEO Bruce Perlowin. “The Chinese market for hemp is huge and participating as a
supplier not only helps the progress and reputation of U.S. hemp but it also
opens up so many more avenues of participating in the global hemp market.”
To read more about the new US-China
agriculture trade deal agreement, click here.
To see one-minute videos of Hemp,
Inc.’s current activities, visit Bruce Perlowin’s personal Facebook page, where he
shares daily posts of Hemp, Inc.’s activities around the country.
Those interested in King of Hemp™ pre-rolls or hemp-derived CBD tinctures should
visit www.kingofhempusa.com or
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 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.
HEMP, INC.’S TEN DIVISIONS
Hemp, Inc. has been helping to build
the industrial hemp infrastructure that was basically non-existent in America.
There are now ten divisions:
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 One – The
Industrial Hemp Infrastructure
The Industrial Hemp
Infrastructure (Division One) currently consists of two hemp
processing facilities across the country, with two more under development,
which will include an in-house third party testing laboratory. 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 millions of pounds of our unique kenaf-hemp blend, to manufacture
all-green natural loss circulation material (LCMs), called DrillWall™ that 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 one of the most sophisticated local processing
centers (LPC) 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 grows in that area, and post
processing for the CBD industry. The Company’s main focus is the “King of
Hemp™” pre-rolls and high CBD smokeable buds… a new phenomenon of smoking hemp
which has caught the marketplace by storm.
Hemp, Inc., through its joint
venture associates has access to 4,500 acres of land in Golden Valley, Arizona
(100 miles from Las Vegas, 20 miles north of Kingman, AZ).
Out of the 4,500 acres of land, 500 acres are designated for the Veteran’s
Village Kins Community (VVKC) for Arizona. Hemp, Inc. is preparing 80+ acres, of the 500 acres, for hemp
cultivation. The company aims to boost the economies of these towns by offering
affordable hemp processing services, which incentivizes local growers to add
hemp to their crop rotation. The company is continuing to scout new locations
for local processing centers in Florida, Kentucky, West Virginia, Puerto Rico,
and several other states.
Thus far, Hemp, Inc.’s Local
Processing Center (LPC) in Oregon has employed over 200 employees during its
2018 harvest season and over 300 employees during its 2019 harvest season to
further support the infrastructure necessary for local and large scale farmers
operating in the industrial hemp space.
Division One Products:
· DrillWall™ (a loss
circulation material)
· Spill-Be-Gone™ (an oil
spill cleanup product)
Division Two – The
Hemp Farming Infrastructure
The Hemp Farming
Infrastructure (Division Two) consists of hundreds of 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 four years, has been
amazing. The year 2020 marks the fifth year that Hemp, Inc. has been growing
hemp. (To see Hemp, Inc.’s agricultural progress from 2016 through
2020, visit Bruce Perlowin’s personal Facebook page and scroll through
posts from 2016 to
the present. Visit www.hempincpresents.com to
see the videos of Hemp, Inc.’s grows in multiple locations.)
Hemp, Inc. also has two “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 hemp plants. (This model farm
can be seen on Bruce Perlowin's Facebook page, in the Aug. 22nd - 26th, 2018
posts.) The model shows farmers how to grow high CBD 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.
Hemp, Inc.’s other “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 on; a cloning room; cold
storage; and greenhouses that are currently being installed.
This year, according to Perlowin,
the company is preparing to grow on up to 342 acres of land in Oregon, 300
acres in Arizona, hundreds of acres in North Carolina (a combination of
hemp and kenaf), and an undetermined amount in other states. He says
collective sales from all of these grows will be extremely significant in terms
of pre-rolls, high CBD buds, distillate,
isolate and biomass. “This year, we anticipate the main function of the company
to be sales and marketing as we will have completed the infrastructure to
support sales and marketing. Right now, I 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 Perlowin.
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:
· The
King of Hemp™ Pre-Roll Blends
·
High premium CBD buds from the Rogue Valley in Southern Oregon, North Carolina
and Arizona
Hemp, Inc. is also hosting the
Hempathon at the Veteran Village Kins Community in Arizona. Contestants
are growing 1 acre of hemp in a contest with other growers from around the
country. Hemp, Inc. is providing land, water, security, and live streaming
video coverage for participants. The Hempathon entry fee is $5,000 and a 50/50
revenue split. Several awards and prizes will be given to the winners. Those
interested in signing up for the Hempathon should contact Stacey Theis at
stheis@hempinc.com.
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 smokeable flower. The CBD oil that was
extracted from the 2018 hemp grows in North Carolina has been made into pure
crystalline CBD isolate which will add to our “King of Hemp™” branded line
of pre-rolls to take to the marketplace
and a pre-roll fortified with pure crystalline CBD isolate.
In lieu of building its own
extraction laboratories, Hemp, Inc. plans to utilize the facilities of other
labs in the industry to manufacture its own line of CBD oil products while they
continue to build and expand the infrastructure for pre-rolls and high CBD
smokeable buds. The Company will hire or joint venture with other, already
existing, labs to manufacture CBD, CBG, CBC, CBN, and other products in its
future cannabinoid line. With 150 different cannabinoids, over 300 terpenes,
and more of each being discovered almost monthly, the product range and
possibilities in this area are endless.
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 periodically and 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, thus far, which include:
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 positive 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. (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 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 being part
of our online courses, including experts in any aspect of the industrial hemp
industry, should contact Chris Tinney on (855) 554-6834 or via email at
(ctinney@hempinc.com).
“Since The Hemp University’s
initial launch with the educational symposium, the number of attendees has
grown tremendously and it has been an overwhelming success, each time. The
interactive, hands-on learning approach is invaluable. By learning in an interactive cohort
format, students gain the necessary skills they need 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 Perlowin.
Thus far, 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 first. The demand for CBD and
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. While Hemp, Inc. is poised to grow a rock
solid Hemp Marketing Infrastructure, CEO Perlowin reminds us that this
infrastructure has to be able to support a meteoric industry
growth. 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 smokeable hemp market to be valued at $11.5 million in 2018, a
growth of 250% from 2017. “This is why we focus on infrastructure, at the
moment, more so than specific marketing activities,” says Perlowin. “Specific
marketing activities isn’t the issue. The ability to grow, process and
produce what the marketplace is demanding is the issue and hence the reason we
focused on creating the infrastructure first.”
Late January, 2020 the first King of Hemp Store™ had a soft launch in Kingman, Arizona with a grand
opening, red ribbon, lots of media coverage planned for early March 2020.
This 5,000 square foot Wells Fargo bank building is in the heart of Old Town
Kingman next to historic Route 66 and will showcase everything hemp, including
Hemp Blue’s hemp denim jeans (www.hempblue.com).
The company has also recently
joint-ventured with the retail store “Hemp Healthcare”, in Dolan Springs,
Arizona, to sell high-end cannabidiol (CBD) and hemp-based products. “Hemp
Healthcare” is home to an array of renowned CBD and hemp products, including
Hemp, Inc.’s cosmetic and wellness line that includes shampoos, conditioners,
lotions, candles and more. The retail storefront is conveniently located off
Highway 93 in Arizona, in a highly trafficked tourist area. Specifically
located on Pierce Ferry Road, “Hemp Healthcare” is next to “Dolan Station” – a
location that welcomes numerous tour buses daily with visitors from around the
world that stop there on trips to the Grand Canyon. On some days, up to 40 tour
buses stop at this location, filled to the brim with tourists on their way to
the Sky Walk at the western realm of the Grand Canyon.
A second health care store will be
opened in 2020 at Gateway Station in Dolan Springs, Arizona on Highway 93 about
a quarter of mile before the turn off to go the Sky Walk at the western realm
of the Grand Canyon. Like Dolan Station, Gateway Station will have numerous
tour buses. The store is set to sell shampoos, conditioners, lotions,
candles and more.
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.
“What we found is that people are
always looking for hundreds of items. New harvesting equipment, irrigation
equipment of all kinds, soil amendments, organic soil fertilizers, organic pest
control products, new extraction technologies and more,” said Perlowin. “As we
expand this Division, we will strive to become the Amazon of the hemp
industry.”
According to Perlowin, Hemp, Inc.
is currently building out a new section of its website that will list all of
the products. This information will be available in the next 30 days.
Division Seven – Research
and Development
While Research and Development has
been an integral part of Hemp, Inc. since day one, a more formal research and
development project is planned after significant revenues are created. 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.
According to Hemp, Inc.’s CEO,
Bruce Perlowin, “Currently, it is now economically more advantageous to operate
in a state that already has several years of legalization behind it and thus,
further down the road, making it easier for hemp companies to thrive as we have
done in North Carolina, Arizona, Nevada and especially Oregon. We’ve hit
a grand slam in Oregon, so to speak, in our growing operations for 2
consecutive years. We may revisit Puerto Rico once they have straightened out
their legal red tape, and their rules and regulations.”
Division Eight – Industrial
Hemp Investments and Joint Ventures
Hemp, Inc. recently established the
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. Multi-million dollar investors, and in some cases
billionaires and billion dollar hedge funds, 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 first). 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 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 agreements. To
keep up, Hemp, Inc. revamped its consulting division to work hands-on with each
company to provide its years of expertise. According to Perlowin, 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 trading company in the cannabis sector (Medical Marijuana, Inc.) and
having well over a decade of experience in the industrial hemp industry’s
public sector. Perlowin, Hemp, Inc.’s chief executive officer, also has over
five decades in the industry.
Division Ten – Educational
Entertainment
Hemp, Inc.’s newest division, Entertainment,
will cover everything from investing in the movie “The Adventures of
the King of Pot” (http://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 the
division’s Project Manager, Chris Tinney, at 855-554-6834 or via
email, ctinney@hempinc.com.
VETERAN VILLAGE KINS
COMMUNITIES
To see the livestream feed for the
Veteran’s Village Kins Community Arizona, visit www.hempinc.com/arizona and click on “View
Live Feed”.
The company’s 500-acre strategic
growing partner Veteran Village Kins Community in Golden Valley, Arizona, is
designed to grow hemp and produce CBD products to benefit veterans as well as
generate revenue for Hemp, Inc., the Veteran Village and individual veterans living
in the community.
The Veteran Village Kins Community
in Arizona 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.
Live streaming video can be
accessed on www.kinscommunity.com by
clicking the “Livestream Video” tab. Viewers are able to actually see the
way the Veteran Village Kins Community is designed and watch it being built.
According to Perlowin, the basic framework or overall plan of the Veteran
Village Kins Communities is to create a holistic healing and learning center
that is designed to educate and heal veterans with PTSD, 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. To see the first live streaming video,
click here.
The Company will also build
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 40×40-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.”
Hemp, Inc. executives are also
continuing to scout new locations nationwide to open additional hemp processing
centers in legal markets.
HEMP, INC. IN THE NEWS
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
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”
Hit: “Report: Hemp Likely to
Become Major Crop in U.S. Agriculture” – November 22, 2019
Press Release: Hemp, Inc.’s CEO, Bruce
Perlowin, is Featured in HEMP Magazine Coverage About Hemp Cultivation -
11/26/2019
Hit: “Cannabis stocks up in
smoke even as Congress pushes legalization – November
22, 2019
Press Release: Hemp, Inc. CEO Bruce
Perlowin Featured in Sinclair Broadcast Coverage About Hemp Stocks Amidst a
Congressional Push for Legalization - 12/03/2019
Hit: Having Built the
Largest Hemp Processing Facility in the Western Hemisphere in North Carolina,
Hemp Inc is leading the way in Industrial Hemp –
November 25, 2019
Press Release: Hemp, Inc. CEO, Bruce
Perlowin, Interviewed in CEOCFO Magazine on Leading Industrial Hemp in America -
12/09/2019
Hit: Ep.33 - Becoming the
King of Pot and What's Next for Hemp with Bruce Perlowin –
January 21, 2020
Press Release: Hemp, Inc.’s CEO, Bruce
Perlowin is Interviewed by The Pot.Live Podcast -
1/27/2020
Hit: King of Hemp Store to
open doors: Community-minded Kingman shop will offer products from marijuana’s
straight-laced cousin – January 28, 2020
Press Release: Hemp, Inc.'s Newly
Launched Retail Store in Kingman, Arizona Featured In Local Media Outlet
Kingman Daily Miner - 1/30/2020
Hit: CEO of Hemp, Inc.,
Bruce Perlowin, Discusses Aggressive Growth Strategy with The Stock Day Podcast –
February 19, 2020
Press Release: CEO of Hemp, Inc.,
Bruce Perlowin, Discusses Aggressive Growth Strategy with The Stock Day Podcast -
2/19/2020
Hit: The Long and Short On
Hemp, Inc. – February 23, 2020
Press Release: Hemp, Inc. Announces
Microcap Daily Article Names Company Among ‘Most Active’ in Small Caps -
3/3/2020
Hit: Fields of Dreams: Hemp
operation underway near Dolan Springs – February 27, 2020
Press Release: Hemp, Inc.'s Strategic
Hemp Growing Partner Veteran Village Kins Community Arizona, Inc. Featured In
The Kingman Daily Miner - 3/2/2020
Hit: USDA and DEA Delay
Rules on Hemp Testing and Disposal – March 4, 2020
Press Release: Hemp, Inc.'s Commentary
Featured in Hemp Magazine Coverage on USDA Hemp Testing Rules -
3/5/2020
Hit: Hemp Farmers May Be
Eligible For COVID Rescue Money – March 31, 2020
Press Release: Hemp, Inc. Featured in
Hemp Market Report Discussing COVID-19 Stimulus Relief Funds for the Hemp
Industry - 4/1/2020
Hit: Hemp Farmers May Be
Eligible For COVID Rescue Money (Caswell Messenger Pick-up) –
March 31, 2020
Press Release: Hemp, Inc. Featured in
The Caswell Messenger's Coverage on The CARES Act -
4/2/2020
DAILY UPDATES ON FACEBOOK
Hemp, Inc. strives to be one of the
most transparent companies in the public sector. To adhere to this company
policy of transparency, CEO Bruce Perlowin posts 1-minute video updates daily
on his personal Facebook page
to give an inside look and behind-the-scenes footage of what Hemp, Inc. is
doing on a daily basis. “We want them to know how the company is performing and
what it is doing to reach its goals,” says Perlowin. To see 1 minute videos of
Hemp, Inc.’s current activities, go to Bruce Perlowin’s personal Facebook page where he posts daily on
all the activity Hemp, Inc. is doing around the country. (No other public
company has this level of transparency than Hemp, Inc.)
THE UPCOMING DOCUSERIES
Hemp, Inc. entered into an agreement with 2 Manifest Studio, LLC, a Wyoming, Limited Liability Company (VED), to create a documentary and subsequent docuseries over the course of an estimated five years. Per the terms of the agreement, VED will create a feature length film and corresponding docuseries and other video materials about the history of hemp with a strong focus on Hemp, Inc. and other pioneers and companies that are leaders in the modern-day history of industrial hemp. The content will be wholly-owned by Hemp, Inc. 2 Manifest Studio Director Joseph Trivigno and his team have been tracking Hemp, Inc.’s progress, as executives meet with farmers throughout the country to document the company’s expansion into new markets. The documentary is expected to be released by 2020/21. The docuseries is expected to follow the film’s release. The film crew will also capture hemp developments in markets around the globe.
THE DIFFERENCE BETWEEN HEMP AND
MARIJUANA
Hemp is completely different from
marijuana in its function, cultivation and application. In cultivating
marijuana, the plants are spaced far apart, and the male plants are destroyed
to assure that they cannot seed the female plants, which would result in
undesirable, less potent and less marketable, seeded marijuana buds. Hemp, on
the other hand, is planted close together and commonly hermaphrodites, which
creates an abundance of seeds, the main component of Hemp foods and
supplements. The Hemp stalks are processed and used for fiber, composite, and
other hemp based end products.
Hemp is used in variety of other
applications that marijuana couldn’t possibly be used in. These include healthy
dietary supplements, skin products, clothing, and accessories. Overall, hemp is
known to have over 25,000 possible
applications. Hemp products such as Hemp Milk, Hemp Cereal, and Hemp Oil are
used by consumers every day.
For an excellent read on the
difference between hemp and marijuana, visit the Ministry of Hemp.
HOW HEMP CAN CHANGE THE WORLD
Fiber – Hemp fiber can be used to
make fabrics and textiles, rope and paper. The word ‘canvas’ actually derives
from the word cannabis.
Fuel – While the industrial,
medicinal and commercial properties of hemp have been known to mankind for a
very long time, its benefits to the environment have just been realized in
recent years. One of the compelling things hemp offers is fuel. With reserves
of petroleum being depleted, it would be nice if we could have a fuel source
which was reusable and which we could grow right here, making us completely
energy independent.
Food – Hemp seeds are very
nutritious and were first thought to be eaten by the Ancient Chinese and
Indians. Hemp seeds have a nutty taste and can be eaten raw, ground up,
sprouted, or made into dried sprout powder. Hemp seeds also contain a very beneficial
oil that is high in unsaturated fatty acids, including an optimal 1:4 ratio of
omega-3 to 6.
Building Material – Hemp can be
made into a variety of building materials. These include concrete-like blocks
called ‘hempcrete’, biodegradable plastics, and wood replacements. These
materials have been used in the manufacture of many things, including
electronics, cars and houses. In fact, the first American home made of
hemp-based materials was completed in August 2010 in Asheville, North Carolina.
Biofuel – Remarkably, the oil from
hemp seeds and stalks can also be made into biofuels such as Biodiesel — sometimes
known as ‘hempoline’. While this biofuel can be used to power engines, it does
take quite a lot of raw material to produce a substantial amount.
SUBSCRIBE TO HEMP, INC.’S VIDEO
UPDATES
“Hemp, Inc. Presents” captures the historic, monumental re-creation of the hemp decorticator and the hemp grinding and milling facility (which has been operational for 2 ½ years now) as America begins to evolve into a cleaner, green eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the No. 1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the “Freedom Leaf Magazine” article “The Return of the Hemp Decorticator” by Steve Bloom.
“Hemp, Inc. Presents” is accessible 24 hours a day, 7
days a week, by visiting www.hempinc.com. To subscribe to the “Hemp, Inc. Presents” YouTube channel, be sure to click
the subscribe button.
HEMP BENCHMARKS
Hemp Benchmarks®, a division of New Leaf Data
Services, is a leading provider of financial, business and industry data
for the North American hemp markets. They offer comprehensive and unique
benchmark services for public and private organizations, and financial
institutions. Hemp Benchmarks’ management team has over 100 years of
cumulative commodity data services experience, more than 80 years of cumulative
hemp and cannabis industry experience and subject matter experts in multiple
jurisdictions/geographies. Their September 2019 “Hemp Benchmarks Spot Price Index Report” is a
comprehensive and valuable resource that includes the following:
·
September
Assessed Price by Product Category
·
Monthly
Biomass Volume Discount Curve
·
Wholesale
Price Correlation Matrix
·
2019
Biomass Yield & Market Value Estimates
·
Comprehensive
U.S. State Acreage & License Counts
·
USDA &
FDA Updates
The downloadable PDF can be
accessed here. Be sure
to visit their site, www.hempbenchmarks.com.
UPCOMING EVENTS
Due to COVID-19, most industry
events have been cancelled. However, because of the ability to effectively
social distance at Hemp, Inc.’s Hempathon, this event is still full speed ahead
providing a safe environment for everyone.
SOCIAL NETWORKS
www.facebook.com/KingOfPot (Bruce
Perlowin’s Facebook Page)
www.facebook.com/hempinc (Facebook)
www.hempincpresents.com (Hemp, Inc.’s North
Carolina YouTube Channel)
www.instagram.com/hempincorporated/ (Hemp,
Inc.’s Instagram)
www.twitter.com/HempInc (Hemp,
Inc.’s Twitter)
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
More Contacts:
flower@hempinc.com
hempu@hempinc.com
ctinney@hempinc.com