Spring Hope, NC, Sept. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry, announced today the company has safely secured its existing biomass, industrial hemp and kenaf in North Carolina through strategic partnerships with existing storage warehouses in preparation from the brunt of Hurricane Florence. While the Carolina coast expects winds reaching up to 80 miles per hour and torrential rain, Hemp, Inc. executives want to assure everyone that the storm’s possible effect to industrial hemp crops in North Carolina will definitely not affect other cultivation and manufacturing operations the company has created. With its footprint across the United States, Hemp, Inc.’s bottom line will remain intact thanks to the hundreds of thousands of pounds of hemp growing in Oregon on farms surrounding Hemp, Inc.’s new processing center, almost 3,000 miles away.
“First and foremost, I want to take this opportunity tell fellow Carolinians and everyone else to be safe and use caution, especially those in the path of Hurricane Florence. Follow the advice of your local officials and comply any evacuation mandates. Safety first,” says Hemp, Inc. CEO Bruce Perlowin. According to one news source, authorities have instituted a 24-hour curfew and evacuation procedures for Carolina Beach, which is less than 5 feet above sea level, and about 2 hours (or approximately 150 miles) from Hemp, Inc.’s industrial hemp processing facility. With the largest multipurpose industrial hemp processing facility in the western hemisphere, Hemp, Inc. executives assure its shareholders that while this is a potentially devastating hurricane, it will not (in any way) affect their bottom line.
The company has hundreds of thousands of pounds of hemp growing in Medford, Oregon (at their first local processing center) and hemp growing in Nevada, Colorado, Kentucky, and West Virginia, not to mention the millions of pounds of kenaf safely stored in warehouses in and around its Spring Hope, NC facility. “It’s enough to easily last us over a year running the plant at full capacity,” said Perlowin.
Whether it is luck or destiny, Hemp, Inc.’s business this year will barely (if at all) be hurt by Hurricane Florence, primarily because the vast majority of its hemp will be processed in Hemp, Inc.’s new processing facility in Medford, Oregon. “As company policy, we always have well over a year’s supply of kenaf stored up just in case we have a bad year growing that crop. This strategy is certainly paying off this year. Hemp, Inc. business will go on as usual,” according to Perlowin.
(Please share this to spread the word... to alleviate anyone’s concerns.)
Hemp, Inc. recently announced its agreement to enter into a majority ownership agreement with JNV Farms LLC for an Oregon hemp cultivation and processing company in Medford. As the majority owner of the hemp cultivation and processing company, Local Processing Center, Inc. (LPC), Hemp, Inc. will be able to create a pipeline of industrial hemp and hemp products in states, where legal, on the West Coast. The agreement establishes Hemp, Inc. as a bi-coastal hemp processing center in America with many more Hemp Local Processing Centers planned for other areas where hemp is being grown.
“Our vision has always been focused on ensuring we have long term success,” said Hemp, Inc. CEO Bruce Perlowin. “To achieve the most value for shareholders that also aligns with our operational goals we are committed to offer the services and biomass needed to supply the booming hemp-derived cannabidiol (CBD) market.”
Hemp, Inc. is also helping to build the industrial hemp infrastructure that was basically non-existent in America. And five years later, it’s still in its infancy as our nation, gradually, embraces industrial hemp as a new emerging multi-trillion dollar industrial agricultural green revolution. Our focus has been on building five hemp infrastructures, Divisions One through Five.
Division One – The Industrial Hemp Infrastructure
Division Two – The Hemp Extraction Infrastructure
Division Three – The Hemp Farming Infrastructure
Division Four – The Hemp Educational Infrastructure
Division Five – The Hemp Marketing Infrastructure
Hemp, Inc.’s strategic hemp growing partner Veteran Village Kins Community Arizona, Inc. has a 500-acre Veteran Village Kins Community in Golden Valley, Arizona. The Veteran Village Kins Community is designed to grow hemp and produce cannabidiol (CBD) products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village, and individual veterans living in the community. Already a $100 million industry, the CBD market is expected to grow over 700% and balloon to $2.1 billion by 2020.
For a more complete description on the Veteran Village Kins Community, 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 will be completed in the next days.
As soon as the live streaming video cameras are up and operational, the world can 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 PSTD, 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.
We will also be building 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 40x40-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."
According to Perlowin, we hope to have 50 "master hemp growers" working on their first Veteran Village Kins Community in Arizona. To date, we have growers from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, Arizona who have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on 5 of the 300 fenced acres in Arizona. Perlowin says he'll call this "The Great United American Hemp Project." Any grower having an interest in pursuing a joint venture on 5 of the 300 fenced in acres in Arizona should contact Project Manager Dwight Jory. Or, anyone interested in attending the 2 - 7-day hands-on hempcrete house building should contact Dwight Jory as well. (Dates to be determined.)
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.
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)
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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.