Hemp, Inc. CEO Bruce Perlowin Featured in AgDaily Discussing Hemp as Agricultural Industry's Newest Cash Crop

GlobeNewswire - finance.yahoo.com Posted 5 years ago

Spring Hope, NC, May 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- 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 in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, announced today that CEO, Bruce Perlowin, was interviewed by AgDaily to discuss the trend of tobacco farmers integrating hemp into their crop rotation.

The AgDaily article explores the reasons American tobacco farmers are turning to hemp, and details the significance of having local processing centers for the rapidly evolving hemp industry for family farms entering this new marketplace across America. The Hemp, Inc. executive team has been visiting states across the country with industrial hemp cultivation programs to identify viable locations for the opening of local industrial hemp manufacturing and processing centers, and recently launched a local processing center in Medford, Oregon.

Utilizing comment from Perlowin, the article explains that, “Another benefit is the similarities between the two plants [tobacco and cannabis], allowing for equipment and knowledge to be repurposed. Perlowin explained that in non-tobacco areas, hemp must be hand-planted, but tobacco transplanters can be used to plant hemp on a large scale.”

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 of Hemp, Inc.’s activities around the country.

To learn more about the online master classes, visit https://hemp-university.teachable.com/.

Click here to read the full AgDaily article “Tobacco growers may find new avenue in hemp farming.”

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 NINE DIVISIONS

Hemp, Inc. has been helping to build the industrial hemp infrastructure that was basically non-existent in America. There are nine divisions:

Division One â€“ The Industrial Hemp Infrastructure

Division Two â€“ The Hemp Farming Infrastructure

Division Three â€“ The Hemp Extraction Infrastructure

Division Four â€“ The Hemp Educational Infrastructure

Division Five â€“ The Hemp Marketing Infrastructure

Division Six â€“ Accessories, Products and Services

Division Seven â€“ Research and Development

Division Eight â€“ Industrial Hemp Investments and Joint Ventures

Division Nine â€“ Industrial Hemp Consulting

Hemp, Inc. recently established the eighth division (Industrial Hemp Investments and Joint Ventures).  Since the passing of the 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 [email protected].

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 “Community of Companies” whereby a lot of companies are working together to pool their resources, marketing connections and strategies in order to grow simultaneously.

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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 cannabis industry’s public sector. Perlowin, Hemp, Inc.’s chief executive officer also has over five decades in the industry itself.

HEMP, INC.’S THE GREAT AMERICAN HEMPATHON (Previously THE GREAT AMERICAN HEMP GROW-OFF)

According to Perlowin, Hemp, Inc. hopes 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, Florida, 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 renamed it “The Great American Hempathon” to avoid any confusion with Colorado’s Cannabis Grow-Off.  This is another industry event where science meets cultivation.

According to www.TheGrowOff.com, this Grow-Off tests growing skill on a level playing field by starting teams with the same genetics. Instead of being judged subjectively by enthusiasts, winners are determined by lab results. Cash prizes are awarded based on the highest cannabinoids, terpenes, and in some states, yield. For more information on The Grow-Off, visit www.TheGrowOff.com. For those who are interested in growing hemp, join Hemp, Inc.’s Great American Hempathon.

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 ([email protected]) as well. The Great American Hempathon starts June 1, 2019 (the first day hemp will be legal to grow in Arizona) and also includes a Hemp University, possibly every weekend based on demand, for the entire growing season. The Hemp University (in Arizona) will be held in a 60-foot geodesic dome that can seat up to 225 people. 

At The Great American Hempathon, 2 Manifest Studios will be filming and interviewing all of the master growers and their grows on the Docuseries on the Modern Day History of Hemp. “No wonder most of the growers I talk to want to come and be a part of this. They want to be a part of the Docuseries on the Modern Day History of Hemp because if they’re not there, history will pass them by,” said Perlowin. The weekend Hemp Universitycourse, that will be taking place in the 60-ft geodesic dome, will now also include field trips out to the all the 5-acre hemp grows that are growing just 100 yards away. This hands-on interactive educational experience is the chance of a lifetime for anyone to really learn about this new emerging multi-billion dollar hemp industry from hemp industry experts all over America.

A 44-ft geodesic dome will be set up as a vendor area selling a wide variety of products needed to grow industrial hemp.  A 36-ft geodesic dome will be set up as a movie room to show movies, documentaries and courses on everything from bio-dynamic farming, permaculture, organic farming practices to bees, predator pest control, soil amendments, cloning, grafting and other peripheral agricultural course materials.

Lastly, the entire operation will have live streaming video capabilities so the whole world can tap in and see The Great American Hempathon in real time.  The winners of The Great American Hempathon will share in the $100,000 prize money, in a variety of categories. 

Perlowin stated, “I run into literally dozens of people who are planning to grow between 50 and 10,000 acres of hemp this year.  However, the majority of them do not have the experience to do this successfully. So rather than jump into the industrial hemp industry with potentially millions to be made, the best thing you could possibly do would be to grow 5 acres initially.  (It costs $50,000 to participate in The Great American Hempathon and based on our experiences in Oregon, 5 acres can produce up to a million dollars or more of net profit.)  It costs about $100,000 for 5 acres to plant, grow, harvest, and process, based on our experiences with our growers from Oregon last year.  The joint venture arrangement would be a 50/50 revenue split with Hemp, Inc. creating the probability that the grower could generate half a million dollars and Hemp, Inc. would also receive that same amount.  This will not only generate a substantial revenue stream for Hemp, Inc. and its shareholders, it will also generate a nice return on investment (ROI) for The Great American Hempathon participants while they learn from industry experts all over America, over a four to six month period.

“A lot of participants are planning to bring their motor homes and camp out on location while others are electing to stay in a hotel in Las Vegas and take the 90-minute drive out to the land to The Hemp University seminars or in Kingman, Arizona just 20 miles away. Parking your motorhome out on the land and/or camping out is free of charge. We are thinking of having small concerts at night, sing-a-longs, and campfires, as well as other entertainment and speakers to give an enhanced value to The Great American Hempathon. There is no better way to learn about industrial hemp than to participate in the hemp grow-off, even if you’re just an investor.  Investors can hire a master grower to grow for them.  There’s literally no better way to break into the hemp industry and receive such a wealth of information and an invaluable hands-on experience than participating in our Great American Hempathon.  After participating in The Great American Hempathon, then you can go back and grow your 50 to 10,000 acres with a much better chance of success and possibly with new joint venture partners since the networking at this event will be off the charts. This is something you want to be very cognizant of because you could meet everyone from master growers to investors to industry experts and more.