Spring Hope, NC, Feb. 27, 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 the company received noteworthy
coverage on the nationally-syndicated radio show “Adams on
Agriculture.â€
During the Feb. 22, 2019 segment, Hemp, Inc. CEO Bruce Perlowin discusses the company’s role of empowering farmers across the U.S. by offering processing services to meet the high demand for high cannabidiol (CBD), as farmers across the nation rush to gain from the agricultural opportunities afforded by the historic 2018 Farm Bill that legalized hemp.
Perlowin’s February 22, 2019 live interview discusses the speed at which states are implementing hemp policy since the passing of the 2018 Farm Bill, the extreme demand for CBD-rich hemp and the company’s expanding operations across the U.S.
Adams on Agriculture is an agricultural talk radio show syndicated nationally on dozens of radio stations, featuring interviews with decision makers including members of Congress, USDA personnel, and leaders of agricultural organizations such as Hemp, Inc. The show features in-depth topics of discussion including the 2018 Farm Bill, trade, and new technology.
In the interview, Perlowin discusses the rate at which extractors are purchasing high CBD hemp: “I dry and process hemp for our growers in Oregon. They’re making a million dollars off of five acres. It’s not a theory, it’s a fact. Everyone’s gonna grow the high CBD hemp… [and] because of this insatiable craze for CBD... you will sell everything you can grow. I was just in Oregon doing processing, and we have processing in North Carolina, Arizona and Oregon. That’s where my footprint is, and we’re pretty big in each area… You have brokers from all the extraction companies going farm to farm to farm to try to buy as much biomass as they can.â€
Hemp, Inc. is promoting a “Back to the Land†movement. It is supporting farmers across the nation with ventures including its local processing centers in Medford, Oregon, the largest multipurpose hemp processing and manufacturing center in the western hemisphere located in Spring Hope, North Carolina and a 500-acre hemp growing eco village in Golden Valley, Arizona. This Veteran Village Kins Community is one of Hemp, Inc.’s strategic growing partners with a solar and wind-powered facility designed to grow hemp and produce cannabidiol (CBD) products which will benefit veterans, as well as generate revenue for Hemp, Inc. To meet the high demand of CBD market, CEO Bruce Perlowin has also visited various areas of Puerto Rico for the last two months to identify land to support a second Veteran Village Kins Community hemp growing eco-village.
Perlowin goes on in the interview to discuss a widespread shortage in biomass as a result of this insatiable demand for CBD: “The last harvest was recent-- the end of last year, and right now, the country’s almost completely out of biomass. So already, beginning of February/beginning of March, we’re almost out of biomass and the price has already started going up and up and up...[farmers] don’t need to worry about where they’re gonna sell because there’s a million brokers who will show up. Some companies guarantee 30 thousand an acre if you grow for them.â€
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.
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.
HEMP, INC. UPDATES SHAREHOLDERS ON ITS STRATEGIC PLAN AND CURRENT FOCUS TO HELP BUILD THE INFRASTRUCTURE FOR THE INDUSTRIAL HEMP INDUSTRY
For the past few years, Hemp, Inc. has grown and evolved with the industrial hemp industry, giving it unique insight into the pain points faced by small family farms and other companies in the industry. "We know how vital it is to take the time to build the infrastructure to support such a high demand and we've invested heavily in the expertise and experience to make this happen. This is just the start," said Perlowin.
So far, there are seven divisions:
Division One – The Industrial Hemp Infrastructure
The Industrial Hemp Infrastructure (Division One) currently consists of two hemp processing facilities across the country, with a third under development, which will include an in-house third party testing laboratory. The largest of the two is its multi-purpose industrial hemp processing facility and milling operation in Spring Hope, North Carolina. It’s the largest “industrial hemp processing center†in the western hemisphere and has grown to become the pre-eminent center of the industrial hemp industry. The 85,000 square foot facility sits on a 9-acre campus. It is environmentally sustainable and was built from the ground up in hopes of “Making America Hemp Again." With a patent pending manufacturing process, the North Carolina facility is operating full time to process millions of pounds of our unique kenaf, hemp blend, to manufacture all green natural loss circulation materials (LCMs) that are to be sold to the oil and gas drilling industry, along with an all green natural oil spill absorbent, a second industrial hemp/kenaf product called Spill-Be-Gone.
(To see a one-minute video of the millions of pounds of kenaf, go to Bruce Perlowin's personal Facebook page, September 7th, 11th, 13th, 20th and 22nd, 2018.)
In addition to the company’s industrial hemp processing facility in Spring Hope, North Carolina, Hemp, Inc. also has one the most sophisticated local processing centers (LPC) in Medford, Oregon which focuses on hemp flower drying, curing, and post processing for the CBD industry.
Hemp, Inc. also has 4,500 acres of land in Golden Valley, Arizona. Out of the 4,500 acres of land, 500 acres have currently been designated for the Veteran Village Kins Community (VVKC). Hemp, Inc. is actively building out 300 of those 500 acres for hemp cultivation. The company aims to boost the economies of these towns by offering affordable hemp processing services, which incentivizes local growers to add hemp to their crop rotation. The company is continuing to scout new locations for local processing centers in Florida, Puerto Rico, West Virginia, Kentucky, Pennsylvania, New Hampshire and several other states.
Thus far, Hemp, Inc.’s Local Processing Center (LPC) in Oregon has created over 200 seasonal jobs as well as many year-round jobs.
Division Two – The Hemp Farming Infrastructure
The Hemp Farming Infrastructure (Division Two) consists of hundreds of acres of hemp and kenaf growing in multiple locations, farm equipment, cloning rooms, clones and seeds, grow rooms, greenhouses, hemp drying facilities and a huge amount of peripheral farming tools and equipment. (Some of this farming infrastructure can be seen on Bruce Perlowin's personal Facebook page in some of his older posts from Sept. 8th, Aug. 30th, 19th, 15th - 11th, 9th and 4th, July 31st, 29th, 21st - 16th, 2018.)
Hemp, Inc. also has a model “Small Family Farm†in North Carolina situated on 12 acres that consists of a cloning room, a greenhouse, and enough land to grow 2,000-3,000 high CBD hemp plants. (This model farm can be seen on Bruce Perlowin's Facebook page, in the Aug. 22nd - 26th, 2018 posts.) By showing farmers how to grow high CBD hemp plants, operate a greenhouse and turn a barn into a cloning room to earn $500,000 a year, the “Small Family Farm†can reappear on the American landscape. After all, the original small family farms in America were able to survive economically by growing hemp as their main cash crop and the first 5 presidents of the United States were all hemp farmers.
According to Perlowin, the company is preparing to grow on 500 plus acres of land in Oregon, 300 acres in Arizona (maybe more), hundreds of acres in NC (combination of hemp and kenaf), and an undetermined amount in Puerto Rico. He says collective sales from all these grows will be extremely significant in terms of pre-rolls, high CBD buds, distillate, isolate and biomass. “By 2020, we anticipate the main function of the company will be sales and marketing as we will have completed the infrastructure to support that sales and marketing. Right now, I believe we have the largest footprint with vertical integration in the hemp industry in America today. We are always looking for joint ventures where we have or can expand our footprint,†commented Perlowin.
Moreover, “A to Z†services for the farmers are available - from harvesting to drying, bagging, curing, storing, nitrogen sparging, machine trimming, hand trimming, and selling, creating a “one stop shop†for the small to large family farms. And with the soon-to-be addition of our third party, on-site testing labs from Digipath Labs, local farmers can do their testing, processing and selling in the same place. Digipath brings their proprietary ISO-17025:2017 accredited standard operating procedures and testing protocols, to establish, maintain, and operate each lab.
Digipath will bring state-of-the-art equipment, lab expertise, proprietary operating procedures and management to Hemp, Inc.