Hemp, Inc. Reports Georgia Next to Allow Hemp Farming

GlobeNewswire - finance.yahoo.com Posted 3 years ago

Spring Hope, NC, May 14, 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 Georgia’s Governor Brian Kemp has signed a bill to allow hemp farming.

“Governor Kemp signing this bill is a monumental step forward for Georgia - a state known for having land and many skilled farmers who are excited to start cultivating hemp,” said Hemp, Inc. CEO Bruce Perlowin. “The signing of this bill in Georgia also provides Hemp, Inc. the opportunity to begin the search for partnerships across the state and continuously add to our already robust list of ventures across the country.”

The state of Georgia is the 42nd state in the United States to start a hemp program, which will allow farmers to cultivate hemp for cannabidiol (CBD), textiles and more once regulations are put in place. The license to grow hemp costs $50 per acre annually. 

According to The Global State of Hemp, the hemp market across the globe reached $3.7 billion in retail sales in 2018 and had an annual growth rate of 15 percent. This was driven by the continued strength of Chinese textiles, European industrials, Canadian foods, and the U.S. hemp-derived CBD market.

Perlowin continued, “This bill will open up opportunities for many farmers across the rural areas of Georgia by helping diversify the agricultural economy and providing a lucrative crop that has thousands of different uses. I have seen many farmers shift their crops from vegetables, tobacco and fruit to start growing hemp because the crop brings new life into their rotation.”

As states continue to approve hemp cultivation, Hemp, Inc. sees additional opportunity and fertile ground for Hemp, Inc.’s Hemp University to train the farmers on what they need to successfully grow the crop. 

Farmers who are interested in growing hemp in Georgia can listen to Hemp University’s first west coast workshop online. The online masterclasses are $10 each and include lectures from industry leaders on informative topics pertaining to the hemp farming industry. Online masterclasses from the May 4, 2019 Pre-Planting Support Workshop will be available in the coming weeks.

In addition to already hosting The Hemp University in North Carolina and Oregon, Hemp, Inc. also plans to expand their educational reach to Arizona and Puerto Rico. Arizona is a location where Hemp, Inc. has multiple ventures which include a retail store called Hemp Healthcare in Dolan Springs, Arizona that sells high-end CBD and hemp-based products and its strategic growing partner’s 500-acre hemp growing eco-village in Golden Valley, Arizona. Puerto Rico is an area where Hemp, Inc. is scouting new locations for a local processing center and scouting acres to grow high CBD hemp.

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.

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

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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

Division One â€“ The Industrial Hemp Infrastructure

The Industrial Hemp Infrastructure (Division One) currently consists of two hemp processing facilities across the country, with two more 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 one of the pre-eminent centers 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 an 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 of the most sophisticated local processing centers (LPC) in Medford, Oregon which focuses on hemp harvesting, drying, curing, trimming, bagging, storing, and in some cases selling high CBD hemp for the local farmers and for our own hemp grows in that area, 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 preparing 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 â€“ 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 up to 500 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.’s rapidly growing locations to ensure the highest quality of goods before entering the marketplace. They will provide all necessary laboratory-expertise and related management services to develop and operate each Lab, including purchasing and maintenance of the laboratory instrumentation, as well as hiring and comprehensive training of lab personnel. 

Without an in-house, third-party testing laboratory, products in need of testing would need to be transported off site, which could mean waiting days or even weeks for results. The addition of Digipath at Hemp, Inc.’s production centers will expedite testing processes and further support new business developments.