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Hemp, Inc. Commends U.S. Senate for Unanimously Approving Hemp Measure

By GlobeNewswire,  June 07, 2018, 10:50:00 AM EDT


SPRING HOPE, NC, June 07, 2018 (GLOBE NEWSWIRE) --  Hemp, Inc.(OTC PINK:HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today the company commends the U.S. Senate for unanimously adopting a resolution recognizing "the growing economic potential of industrial hemp" as well as its "historical relevance," as reported by Marijuana Moment and featured in Forbes

"While this is the third year in a row that the Senate has adopted a non-binding resolution recognizing the value of hemp without actually legalizing it, indications this year point to the strong possibility that Congress will finally take action to change the crop's status under federal law," reports Forbes.

Hemp, Inc. announced its support in April for Senate Majority Leader Mitch McConnell's introduction of a bill to remove industrial hemp from the federal government's schedule of controlled substances.  McConnell's Hemp Farming Act of 2018 stipulates that hemp will be legalized and removed from the Controlled Substances Act and also makes industrial hemp eligible for crop insurance, and the bill continues to gain bipartisan support. 

"Despite the legitimate uses of hemp, many agricultural producers of the United States are prohibited under current law from growing hemp," the measure reads, according to Forbes. "Because most hemp cannot be grown legally in the United States, raw hemp material, and hemp products are imported for sale in the United States."

Hemp, Inc. CEO Bruce Perlowin said, "This sends a strong message to hemp industry leaders and farmers across the country that our leaders on Capitol Hill are recognizing hemp as a crucial component of our agricultural landscape here in the United States," said Hemp, Inc. CEO Bruce Perlowin. "The United States is the largest consumer of hemp products in the world. Legalizing hemp at the federal level will empower farmers nationwide with a new revenue source and bolster America's agricultural economy."

Notably, there are now 40 states in the nation that have legalized hemp. Companies seeking to enter or further develop their footprint in the industrial hemp marketplace are aligning with Hemp, Inc. for the company's proven expertise and state-of-the-art hemp processing and manufacturing infrastructure in Spring Hope, North Carolina. Hemp, Inc.'s 85,000 square foot hemp processing and manufacturing facility has been operational since August 2017.

Hemp, Inc.'s consulting agreement with HQ Global Education, Inc. (OTC:HQGE), a scientific research development company, entails that Hemp, Inc. will provide consulting services in an effort to help HQ Global Education, Inc. expand into the hemp CBD industry. In addition, Hemp, Inc. also announced that the company encourages large scale companies to secure their hemp biomass now before Hemp, Inc.'s supply runs out.

The 9th Annual Hemp History Week also started June 4, 2018, and has been ongoing this week and will conclude June 10, 2018.  This campaign includes grassroots events across the country, nationwide retail promotions, hemp plantings, documentary screenings, farmer outreach, and much more.  Grassroots organizers, farmers, producers, and advocates from all walks of life participate in this annual event to help change Federal policy on industrial hemp. For a list of international hemp industry events, click here.  For a list of hemp industry events in the U.S., click here. Show your support for industrial hemp and help Grow Our Future - Get Involved Today!

Hemp, Inc. also recently announced that its strategic hemp-growing partner Veteran Village Kins Community Arizona, Inc., had completed installation of the solar and wind-powered energy system for its 500-acre Veteran Village Kins Community in Golden Valley, Arizona. The Veteran Village Kins Community 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.

Dozens of master growers, from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, of course, Arizona, companies and organizations have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on the 300 fenced acres in Arizona as part of "The Great United American Hemp Project." Interested master growers, from around the country, should contact Project Manager, Dwight Jory at ecogold22@gmail.com

Read the following October 24, 2017 press release, Hemp, Inc. Announces Strategic Hemp Growing Partner "Veteran Village Kins Community Arizona, Inc." Completes Final Site Plan Blueprints, below:

Hemp, Inc. has 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. With the solar equipment in place, the site's solar power operation is now complete.

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.

 "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." 

According to Perlowin, seven "master hemp growers" from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, of course, Arizona have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on the 300 fenced acres in Arizona. Perlowin says he'll call this "The Great United American Hemp Project."

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)

SUBSCRIBE TO HEMP, INC.'S VIDEO UPDATES

"Hemp, Inc. Presents" is capturing the historic, monumental re-creation of the hemp decorticator today 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.

UPCOMING INTERNATIONAL AND DOMESTIC EVENTS

Across the globe, the hemp industry is rising to astronomical levels. In the wake of the hemp industry projected to grow 700% and hit $1.8 billion by 2020, there has been more education and networking within the industry. That means more events and conferences, thus, Hemp, Inc. has started compiling an ongoing list of upcoming hemp events around the world. Check out the listing of international and domestic events here.

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.



Hemp, Inc.
855-436-7688
ir@hempinc.com

Source: Hemp, Inc.

This article appears in: News Headlines

Referenced Stocks: HEMP, HQGE








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