Hemp, Inc. Set to Grow Up to 25,000 Acres of Industrial Hemp This Year


SPRING HOPE, NC, March 07, 2018 (GLOBE NEWSWIRE) --

Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest hemp mill in the western hemisphere, announced today that the Company is set to grow up to 25,000 acres of industrial hemp this year thus making North Carolina the “Epicenter of the Industrial Hemp Industry”. According to Hemp, Inc. representatives, the 25,000 acres, to be grown, are more than what the entire country grew last year alone. The large amount of acreage is expected to improve farmer profitability as well as boost the overall economy by opening up new revenue streams in the marketplace for buyers and farmers seeking higher quality products.  

Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP) said, “North Carolina is quickly becoming the ‘Epicenter of the Industrial Hemp Industry’ with companies across the state claiming their stake in the hemp and cannabis industries and vast educational opportunities.  We’re also seeing more companies focus on specific niches. For example, Founder’s Hemp, a North Carolina-based company has launched a line of beauty products aimed at consumers of color. North Carolina is also home to the only Hemp University that helps attendees add viable and profitable income streams by maximizing their per-acre crop revenue.”

Due to the overwhelming success of Hemp, Inc.’s Hemp University “Hemp University Master Grow Team” a cultivation consulting division has been established to further the University’s mission to help landowners and farmers incorporate hemp into their crop rotation.  Hemp University’s consulting division, “Hemp University Grow”, focuses on the development of grow room facilities, greenhouses, outdoor hemp farming and cannabidiol (CBD) extraction operations. Known as the Mastery Grow Team, this select group of hemp growers receives the advantage of numerous operational synergies and resource sharing.  Hemp University’s expert staff help prevents growers from costly mistakes and imbalances that can reduce yield, quality, and consistency. The 7th educational symposium (Growing Hemp for Profit) will be held on March 10, 2018.

To buy tickets for Hemp University's March 10th "Growing Hemp for Profit" event and to learn more about the line-up of Master Growers and farmers, coaches, and trainers who will be facilitating, visit here.  The Hemp University is also on Facebook. Click here to visit The Hemp University on Facebook. The Hemp University is also offering a $150 early bird discount.

In the product realm, North Carolina-based Founder’s Hemp is expected to do quite well with their niche market.  Their newly launched line, Hemp Excellence, consists of body lotions, lip balms and CBD capsules that went on sale last month at two beauty shops, which cater to women of color, in Winston-Salem, North Carolina.  According to an article published by the Marijuana Business Daily, “the maker of the line, Founder’s Hemp of Asheboro, North Carolina, is in talks to expand Hemp Excellence distribution to South Africa, Ghana, Bolivia and other countries.”  With a huge untapped market, controlling shareholder, Bob Crumley, believes the Hemp Excellence brand could be a seven-figure brand within 12 to 15 months.

“The Hemp Excellence line contains only one product that contains cannabinoids, the CBD capsules. The other Hemp Excellence products are made from hemp seed oil, in part to appeal to customers who may be hesitant to try cannabinoids. Other CBD producers said the market potential for personal-care products aimed at women of color is huge but those producers have been slow to market themselves as ethnic products because they don’t want to be seen as stereotyping people.”  To read the full article on Hemp Excellence, click here.

Founder’s Hemp is a vertically integrated company that works with Innovative Aggregated farmers to farm the product, manufacture and process the product, package the product and sell the product in their retail store (and wholesale to other retailers), the Everything Hemp Store, located in North Carolina. Founder’s Hemp sells products to physicians, doctors, psychiatrists, chiropractors, physical therapists, massage therapists, and health food stores. Some of their vendors come from all across the state and include Carolina Chiropractic Plus in Shelby; Samson & The Lion Natural Foods, in Asheboro; The Hemp Farmacy in Wilmington; and Stroud Chiropractic Clinic in Archdale. Founder’s Hemp also has a food scientist from North Carolina State University.

The Hemp Farmacy, in particular, is the first dispensary in the state of North Carolina that is providing legal access to hemp dietary supplements and hemp-based products both in-store and online.  Their extensive line of US produced and legally grown products are researched, reviewed, and tested by knowledgeable staff before being sold. The Hemp Farmacy chain is part of Hempleton’s network of local managed farms and industry leaders.  North Carolina is home to the chain of “farmacies”.  According to Justin Hamilton, owner and founder of The Hemp Farmacy, there are currently four operating. The fifth one opens next month. He has six appointments this week to potentially open ten more “farmacies” this spring and summer. If anyone is interested in opening a Hemp Farmacy, visit www.hempfarmacy.org.

The Hemp Farmacy chain is the only one of its kind in America and they are all located in North Carolina, thus further making North Carolina the Epicenter of the Industrial Hemp Industry.

“I believe Founder’s Hemp, The Hemp Farmacy, as well as many other North Carolina-based companies, will do very well in the hemp and cannabis space.  Companies located in the ‘Epicenter of the Industrial Hemp Industry’ have a huge competitive advantage in the marketplace because their supply, processing facilities, and retail locations are in their own backyard. Having two industrial hemp processing facilities in the state solidifies it as ‘The Epicenter of the Industrial Hemp’ Industry in the United States. The infrastructure is in place to service the growing needs of the industry,” said Perlowin.

Hemp, Inc.’s 85,000 square foot industrial hemp multi-purpose processing facility is also home to a NuAxon Tech CO2 Supercritical Extractor that the company launched last year as part of its strategic business model. Purchased from NuAxon BioScience, the NuAxon Tech CO2 Supercritical Extractor processes raw hemp into CBD extracts and oil.  Hemp, Inc. is in the process of creating an extensive Extractor Infrastructure Network in its facility by partnering with other public companies and large farming co-ops.  With a prominent trend of infusing CBDs in various products such as health and beauty products, this segment of the market is expected to reach upwards of $1 billion by the year 2020.  Hemp, Inc. will be releasing a series of press releases, literally any day now, to announce their strategic partners who will be participating in building out the extraction infrastructure.

“As a socially- and environmentally-conscious Company, we have been forming strategic partnerships that encourage farmers, veterans, and others to join and receive benefit from the hemp movement nationwide,” said Perlowin.

As Hemp, Inc. provides consulting services in the hemp-CBD market, specifically in the areas of growing high-quality organically-grown CBD rich hemp, harvesting, extracting, and marketing, executives say they will also build Veteran Village Kins Communities across the country.  “Our ‘Veteran Village Kins Communities’ is where we will not only grow some of our Hemp, it is a full-blown holistic solution to the multifaceted veteran problems in the USA. Our prototype model is in Arizona about 20 miles north of Kingman and 90 miles from Las Vegas, NV. It's our way of saying, ‘Thank You’ to our Veterans.”

Hemp, Inc. Announces Strategic Hemp Growing Partner "Veteran Village Kins Community Arizona, Inc." Completes Final Site Plan Blueprints

Hemp, Inc. has previously announced that its strategic growing partner, "Veteran Village Kins Community Arizona, Inc.," 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. The remainder of the solar equipment is expected to arrive in the next few days, completing the site's solar power operation.

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 40x40-ft organic vegetable gardens are ready for seasonal planting, according to Jory. 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" site plan also includes a 100,000-square foot GMP compliant, central processing plant, CBD testing laboratory, and various health and wellness centers to support veterans who may have psychological, emotional or health issues.

Hemp, Inc. and "Veteran Village Kins Community Arizona, Inc." began development on the "Veteran-Village Kins Community in Arizona" approximately 5-6 years ago. Kins Communities are designed to grow hemp and produce cannabidiol (CBD) products to benefit veterans and to generate revenue for Hemp, Inc., the Veteran Village, and the individuals living on the land. Each 2.5-acre lot is designed to be self-sustainable, with 1 acre allocated to grow hemp and other areas for an organic garden, natural bee-hives, a living fence, a pond, a family tree and other elements that make up a "Kins Domain." 

To learn more of what a Kins Domain is, click here. Volunteers who want to help build America's first "Veteran Village Kins Community" can contact Ms. Sandra Williams via email (swilliams@hempinc.com).

"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." 

It is going to be a busy 2018 for cannabis expos and conferences domestically and internationally. Below is a running list of some of the events taking place in 2018.


UPCOMING DOMESTIC HEMP EVENTS

March 2 - July, 2018 - First Friday Tour – Spring Hope, North Carolina
These exclusive bonus tours will take shareholders behind-the-scenes of North Carolina's burgeoning industrial hemp epicenter to see Hemp, Inc.'s processing equipment in full operation and producing product... from the cultivation of its hemp plants and kenaf to the processing and manufacturing of their quality CBD products. (This tour will take place every first Friday of the month.)

March 7 – 11, 2018 – Expo West - The CBD Summit – Anaheim, CA
The CBD Summit is your chance to better understand the opportunities and challenges that exist for the hemp-derived cannabidiol market in the United States. With a better understanding of the regulatory, supply, scientific, labeling, retail and standards issues surrounding the hemp-derived CBD market, you will leave the CBD Summit with new intelligence to help inform your next steps as a supplier, manufacturer or retailer of CBD products.

April 6, 2018 – Noco 3rd Annual Hemp Summit – Loveland, CO
The NoCo Hemp Expo is proud to host the 3rd Annual Hemp Summit, an important gathering of hemp-focused executives, founders and investors. Receive an intimate, insider’s view of the hemp industry during this VIP-level networking and special programming featuring business-focused information, market intelligence and analysis from leaders and influencers in the hemp industry.

April 6-7, 2018 - NOCO 5th Annual Hemp Expo – Loveland, Colorado

An important gathering of hemp-focused executives, founders, and investors. Receive an intimate, insider’s view of the hemp industry during this VIP-level networking and special programming featuring business-focused information, market intelligence and analysis from leaders and influencers in the hemp industry.

April 14, 2018 - PDX Hempfest Expo – Portland, Oregon

A full day of educational sessions with professional Cannabis speakers to bring you up to speed on rapidly changing developments in the Cannabis industry. A high concentration of Cannabis industry technology buyers will be present.

April 14, 2018 – Oregon Hemp Convention – Portland, Oregon
A full day of educational sessions with professional Cannabis speakers to bring you up to speed on rapidly changing developments in the Cannabis industry. A high concentration of Cannabis industry technology buyers will be present.

May 9 – 11, 2018 - MJBizCon 2018 – New Orleans, LA
MJBizConNEXT focuses on the near future of the expanding Cannabis industry. For executives growing their companies and emerging industry professionals looking at cutting-edge innovations, new technologies and how cannabis businesses grow in a rapidly advancing market, NEXT is your show!

July 17 – 19, 2018 – NBJ Summit - Ranchos Palos Verde, CA

The NBJ Summit, organized by the New Hope Network, will cover areas like building consumer confidence through science, transparency and disruption.

July 25 – 27, 2018 – Cannabis Business Summit – San Jose, California

Serious, like-minded entrepreneurs will convene for three days to learn how to grow their businesses and to achieve new levels of success in five all-encompassing educational tracks.

August 3 – 5, 2018 - NOCO Hemp Village – Loveland, CO
The ARISE Music Festival is committed to producing an annual gathering that is a vehicle for building and strengthening the community. At the core of the ARISE mission is a firm belief that creating a festival experience which inspires positivity, joy and active engagement in issues of social justice is a call to celebrate the beauty and wonder of this precious life.  Join the NoCo Hemp Village in Loveland Colorado for the 6th Annual Arise Music Festival.

August 4 – 8, 2018 - 20th annual Agricultural Media Summit - Scottsdale, Arizona
This industry-wide gathering of agricultural communicators offers one of the best opportunities for professional improvement and industry networking. The InfoExpo (trade show) annually exceeds 75 booths and provides the best place to promote your company or organization’s products and services. 

August 17 – 19, 2018 – 27th Annual Seattle Hemp Fest – Seattle, WA
Seattle HEMPFEST, the undisputed King of Protestivals, and the largest cannabis convocation in the world.  Seattle HEMPFEST, the premier flagship event of the global cannabis culture, is celebrating its 27th year.  Hempfest’s crown jewels of achievement include its designation as the largest annual cannabis policy reform event in the world. But that could change with a single event. What is less likely to change is the fact that the Seattle HEMPFEST is the most sophisticated and socially responsible cannabis rally in history, and perhaps the largest annual free speech event in the nation.

August 28 – 30, 2018 – Farm Progress Show – Boone, Iowa

This is where producers from all over gather, meet and learn. This show is where major manufacturers choose to roll out their newest offerings; where Ag families take a break from their daily routine to immerse themselves in the wider Ag community; where tradition and business have come together for 65 years; and where agriculture is celebrated.

November 2 – 5, 2018 - 2018 HIA 25th Annual Conference (HIACON) – Los Angeles, CA

We are pleased to announce that the 25th annual Hemp Industries Association conference will be hosted in Los Angeles, California at the Hilton Los Angeles Airport featuring top-level discussions, educational tracks and an exhibit featuring industry products and services. 

November 6 – 10, 2018 – Supply Side West – Las Vegas, NV
SupplySide West brings together more than 15,000 ingredient buyers and suppliers from the dietary supplement, beverage, functional food, personal care and sports nutrition industries. SupplySide West is all about the science and strategy around the development of finished products that drive the global business economy. Join them this year to learn about new trends from over 1,200 exhibitors and 140 hours of educational and conference programming.

November 14 – 16, 2018 – MJBizCon 2018 – Las Vegas, NV
MJBizConNEXT focuses on the near future of the expanding Cannabis industry. For executives growing their companies and emerging industry professionals looking at cutting-edge innovations, new technologies and how cannabis businesses grow in a rapidly advancing market, NEXT is your show!


UPCOMING INTERNATIONAL HEMP EVENTS

March 19-20, 2018 – Cannatech Tel Aviv 2018: The Big Picture – Israel

The Cannatech event provides uncommon access to some of the biggest thought leadership in cannabis today to get an in-depth analysis of some of the most important subjects in the cannabis industry.

March 9-11, 2018 – Spannibus Feria Del Canamo – Barcelona
This will be undertaken with the assistance of high-ranking individuals from the fields of science, medicine, and politics, as well as relevant members of the cannabis culture.  The World Cannabis Conferences have been set up with the aim of bringing to life all the advances and efforts conducted over the past years in the field of cannabis.

April 20 – 22, 2018 - Konopex – Czech Republic
There will be prepared exhibitions dedicated to cannabis, cannabis seeds, growing indoor and outdoor equipment and exhibitions focused on garden equipment and other curative herbs. You will find out a lot of interesting information and news about the usage of hemp in medicine, civil engineering, industry, and livestock.  Look forward to a rich accompanying program including lectures, conferences and hemp exchange, where you can discuss and trade with respected experts.

April 27 – 29, 2018 - CannaTrade - Zurich-Oerlikon, Switzerland
This is the oldest hemp fair in Europe! The history of CannaTrade started 2001, in the fair halls of BEA Expo Bern, as a result of the Swiss Hemp Days in 1999 and 2000. The following editions of CannaTrade in 2008 and 2009 were presented at the exhibition halls of Basel. Caused by the hemp related political situation, executives decided to organize the fair CannaTrade in a two-years-rhythm.

May 11 – 13, 2018 - Expocanamo Sevilla 2018 –S pain
Expocáñamo brings back to Seville the hemp culture fair, where you will enjoy a dynamic and comforting experience, you will dance with the best rhythms of reggae and rap, you will see the latest in cultivation technology, you will taste a wide variety of products with hemp and its derivatives and you can enjoy endless activities for your entertainment.

May 22, 2018 – Cannabis Europa –Barbican, London, UK
Cannabis Europais the foremost arena to share knowledge and shape the future of medical cannabis in Europe. This is a uniquely European conference. There is no universal model for cannabis regulation and Europe has a clear opportunity to take a global leadership position. The conference is your opportunity to connect with influential leaders in science, policy, and business. Gain unrivaled access to the most inspirational and forward-thinking figures in the industry. To navigate the future of European medical cannabis, industry leaders and regulators alike must share insights and innovations if we are to develop a truly successful, patient-focused sector.

June 1 – 3, 2018 – Balkannabis Expo –Technopolis Athens, Greece
This expo will host top cannabis traders, innovators, experts, industry professionals and scientists from all over the world in a rich and diverse 3-day program that will include: a large exhibition area and international trade show; two international conferences (Cannabis Science & Hemp Summit) with keynote and guest speakers; cannabis culture workshops; networking spaces; masterclasses; market area; and, music and other artistic performances.

June 8-10, 2018 - Mary Jane Berlin 2018 –Germany
Leading German Cannabis exhibition with more than 200 national and international exhibitors. “Mary Jane Berlin” is not only an exhibition but also a festival. In combination with our exhibitors, food stalls, live concerts and lectures about cannabis’ therapeutic effects an extensive cultural and entertainment program are offered. 

June 12 – 13, 2018 - 15th International European Industrial Hemp Association – Germany
Exchange information regarding the latest developments in hemp applications for fibers, shivs, seeds, and oil as well as cannabinoids. 

June 25-26, 2018 - The International Annual Congress on Controversies in Cannabis-Based Medicines - Vienna, Austria
A strong public and patient demand have led to the decision to allow cannabis products for medical use in most European countries. There is a lot of basic-science and clinical research on the potential use of cannabis products for chronic pain and cancer management as well as controversies on the potential harms.  This Congress will bring together researchers, clinicians, trialists, methodologists, industry professionals and representatives of the European Union and the European Medical Agency to update the current state of knowledge and of controversies and to outline some visions of the potential of cannabis-based medicines.

June 30 - July 5, 2018 - The 28th Annual International Cannabinoid Research Society Symposium on the Cannabinoids – Leiden, the Netherlands
The Mission of the ICRS is to (1) foster cannabinoid research; (2) promote the exchange of scientific information and perspectives about Cannabis, the cannabinoids, and endocannabinoids through the organization of scientific meetings; (3) serve as a source of reliable information regarding the chemistry, pharmacology, therapeutic uses, toxicology and the behavioral, psychological, and social effects of Cannabis and its constituents, of synthetic and endogenous compounds that interact with cannabinoid receptors and of any compounds that target other components of the endocannabinoid system.” 

July 2, 2018 - Kyoto Hemp Forum - on Facebook

#LifelineToTheFuture is a virtual forum taking place concurrent to the Kyoto Hemp Forum in Japan on July 2, 2016, in order for people to participate live from around the globe. Keynote speeches and panel discussions will be live-streamed, with questions and solutions shared via social media integrated into the forum dialogue.  Keynote topics include Sustainability, Climate Emergencies, and the Advocacy required to lift the International Ban on Growing Industrial Hemp.

September 13 – 16, 2018 Expogrow - Spain
Expogrow 2018 is a festival which takes place in Recinto Ferial Ficoba, Irun, Spain. Its music style is mainly considered Reggae, Metal, and Pop.

November 2 – 4, 2018 - Cannafest - Czech Republic
Visitors can look forward to more than 250 exhibitors from different parts of the world. A wide range of growing techniques, fertilizers, seeds, or smoking needs and vaporizers will be introduced every year. Manufacturers of cosmetics, clothing, and food, as well as representatives of a variety of cannabis media, institutions associating companies that use cannabis as a natural resource or struggling for the legalization and use of cannabis in medicine, will also be present.

To list your hemp event here, email events@hempinc.com. To see the Hemp, Inc. mill in operation and processing product, visit Bruce Perlowin's personal Facebook page and scroll down to August 1, 2017.


ABOUT 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.


SOCIAL NETWORKS:
http://www.twitter.com/hempinc (Twitter)
http://www.facebook.com/hempinc (Facebook)
https://www.facebook.com/KingOfPot (Bruce Perlowin's Facebook Page)
https://www.facebook.com/TheHempUniversity/ (The Hemp University's Facebook Page)
http://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investors Hangout)


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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. 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.


            

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