SPRING HOPE, NC, June 28, 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’s joint venture agreement with HQ Global Education, Inc. (OTC: HQGE) to plant 25 acres of industrial hemp has been doubled to 50 acres.
Hemp, Inc. announced June 14th that it signed a contract with HQGE to plant 25 acres of industrial hemp. Per the updated agreement, Hemp, Inc. began planting seeds of industrial hemp June 27 on 50 acres next to its 85,000 square foot hemp manufacturing and processing facility in Spring Hope, North Carolina. The hemp industry is projected to grow 700% and hit $1.8 billion by 2020, according to Hemp Business Journal.
The seeds are expected to yield 4,000 pounds of hemp per acre or a total 200,000 pounds of high cannabidiol (CBD) hemp biomass. This is the first step in the collaboration between HQGE and Hemp, Inc. to grow premium hemp for the purpose of developing high-quality CBD isolates and/or distillates and/or hemp-related products for business-to-business and possible business-to-consumer marketing.
Hemp, Inc.’s long-term strategy is to build the world’s largest hemp oil extraction infrastructure by creating joint ventures with multiple companies to house and operate their CBD extraction equipment in its Spring Hope multi-purpose industrial hemp processing facility.
Hemp, Inc. announced in August 2017 the official launch of its NuAxon Tech CO2 Supercritical Extractor. On Nov. 2, 2017, Hemp, Inc. announced the delivery of its advanced CBD hemp oil extraction post-processing equipment, thus completing the company’s hemp oil extraction infrastructure. Hemp, Inc.’s strategic plan is to have a joint venture with HQGE wherein Hemp, Inc. will house and operate an HQGE-owned CBD extractor.
“We have done our due diligence preparing the land for seed and are proud to announce that we began planting this week,” said Hemp, Inc. CEO, Bruce Perlowin. “Increasing the acreage we are planting as part of our agreement with HQ Global Education, Inc. reflects our shared commitment to position ourselves on the forefront of the rapidly expanding CBD market.”
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.
To see Bruce Perlowin’s latest Facebook video update on the 160-acre grow for each of the 160-acre Kins Domains to be built on each 500-acre Kins Community in states all over America and the world, click here.
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, modified, 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.
As soon as the live streaming video cameras are up and operational, the world can actually see the way the Veterans Village Kins Community is designed. According to Perlowin, the basic framework or overall plan of the Veterans Village Kins Community is a synchronicity of the “Traumatized” Veterans Village Kins Community, and other traumatized groups we will be building communities for such as the “Abused” Women & Children Village Kins Community, the “Orphaned” Children Village Kins Community, the “Homeless” Village Kins Community, and the “healers” Village Kins Community. These particular communities are all dependent upon one another and 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. This circles back to the healers who also work to heal the homeless and the other traumatized groups. This is the economic foundation on how the sale of the hemp products operates in 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 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)
https://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investor’s Hub)
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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.