Solid Growth for Hemp, Inc. as Record Revenues and Purchase of Decortication Equipment Increases Value to Its Shareholders

Now that Hemp, Inc. has purchased the only decortication equipment of this scale in the country, executives said they are looking forward to purchasing the American farmers’ hemp for processing which would allow the farmers to benefit from the move to a more sustainable, beneficial, and faster growing biomass supplied through hemp.

Up until a short time ago the Temafa decortication equipment had been in use in North Carolina for processing kenaf (Hibiscus cannabinus which is a plant in the Malvaceae family) … a substance similar to hemp, often called Ambari Hemp and Deccan Hemp.

“This first order reaffirms Hemp, Inc.’s long-term business goals of a hemp presence on two continents.”

According to Perlowin, disassembling the decortication machinery has been successfully progressing and has put Hemp, Inc. ahead of schedule of moving the machinery to a suitable location for a facility, or plant. One Industry expert stated, “Hemp grows better in a hot and humid climate, similar to the climate favored by cotton, so the Southeastern part of the United States makes an ideal location.And since this decortication line of equipment is the only one of its kind in the United States, it has put Hemp, Inc. at a strong advantage.”

Hemp, Inc. has not only received requests for samples of the kenaf, but has also since received a potential order for 200,000 pounds of kenaf.Other potential buyers of the kenaf are currently testing the kenaf and if it suits their needs, may purchase the entire inventory, according to Hemp, Inc. CEO, Bruce Perlowin.The kenaf is expected to be an easy sell.It has a history of being an important source of bast or cordage fibers used in the manufacturing of rope, bagging and other coarse fiber products.

“Simply put, our divisions are strong.Now with a hemp processing plant of this caliber and magnitude, we expect over the long term our efforts will have positioned us to drive growth and increased value to our shareholders,” concluded Perlowin.”Our new hemp processing plant is expected to be the most profitable division of Hemp, Inc. yet.”

Bruce Perlowin, CEO of Hemp, Inc. said, “Hemp, Inc. is the pioneer of the Industrial Hemp industry.We are also advocators and educators who have promulgated for years hemp’s viability as a sustainable resource. The possibilities are endless.Industrial Hemp is a burgeoning, relentless industry bursting at the seams.Its strength is in numbers and more people are demanding it as a greener alternative. Hemp, Inc. is now in the position to supply that demand. The future couldn’t be more bright.”

According to Perlowin, the future is also very bright for Hemp, Inc.’s subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, known as IHMMCC which is comprised of a “Community of Companies”.IHMMCC has been touted as the best ‘connected’ consulting company in the industry.Thus far, the public companies include: Dewmar International BMC, Inc. (DEWM); Resource Ventures, Inc. (REVI); Webxu, Inc. (WBXU); Greene Concepts, Inc. (LKEN); Global Links Corp (GLCO); Strategic Global Investments, Inc. (STBV); Liberated Energy, Inc. (LIBE); Hollund Industrial Marine, Inc. (HIMR); Vapor Brands International, Inc. (VAPR); Cloud Medical Doctor Software Corp (NSCT); View Systems, Inc.; and, PPJ Enterprise (PPJE), which have all mutually benefitted from the network.