SOURCE: Hemp, Inc.

Hemp, Inc.

February 21, 2017 00:30 ET

Hemp, Inc. Announces Its 2nd Successful Year's Kenaf Harvest

SPRING HOPE, NC--(Marketwired - Feb 21, 2017) - Hemp, Inc. (OTC PINK: HEMP) is proud to announce its second Kenaf harvest from its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, in Spring Hope, North Carolina. Executives say the 420 acres of Kenaf, a cousin plant to hemp, have been cut and raked and are now currently being baled. Trucks have already started transporting the kenaf to Hemp, Inc.'s 70,000 square foot industrial hemp processing facility where it is being was weighed and stored. "This is another huge milestone for Hemp, Inc. From seed, to harvest, to paying the farmers, our 420-acre Kenaf crop epitomizes success. We are a part of this local farming community and to be able to continue to inject revenue into something which we have become a part, feels good," says David Schmitt, COO of Hemp, Inc.'s Industrial Hemp Manufacturing.

Though Schmitt is looking forward to planting a massive hemp crop later this year, he says this year's harvest, of approximately five million pounds of Kenaf collectively yielded from several farmers in North Carolina, will bring in a huge amount of revenue for Hemp, Inc.

Kenaf (hibiscus cannabinus) is an annual, non-wood fiber plant that is indigenous to central Africa. Kenaf is a plant in the Malvaceae family also called Deccan hemp and Java jute. It has been likened to okra and cotton and typically grows 12 to 18 feet tall in a six-month growing season. The raw fiber has been known to grow well in many parts of the United States and has been considered an eco-friendlier way to make paper without cutting down trees.

This Kenaf crop being delivered to IHM now represents about a 70% increase from the first year's kenaf crop of only 150 acres. Per Perlowin, the company expects a 700% plantage increase next year. This represents up to 50 farmers. Documenting every step of the harvest, this video shows one of the first trucks delivering approximately 30,000 pounds of kenaf.

Bruce Perlowin, CEO of Hemp, Inc., commented, "I've been onsite and hands-on and this continues to be an amazing journey for not only Hemp, Inc. but for the local farmers. We have been and will continue to do what we can to make a difference in the American economy."

Schmitt also stated, "In the next 21 days, we expect to have the entire harvest in our processing facility. Once it is baled, the kenaf is then transported to our processing facility. It's moving so quickly that our team will be working 12-hour shifts throughout the next few weeks to get it all stacked for processing, now that the mill is complete." Perlowin also mentioned the company plans on employing around 100 people at the plant the first year after full production begins and around 200 people for the year after that.

With millions of pounds of kenaf already on-hand and the estimated 5,000,000 pounds of Kenaf to be brought in from this harvest, Hemp, Inc. will have a very healthy quantity of Kenaf to process into LCMs and oil absorbent products. This should undoubtedly translate into huge revenue for the company.

"We have the farmers trust and they are eager to continue growing. Even though it's kenaf now, we expect to grow a lot of hemp," said Perlowin. In a state where tobacco and cotton were once big cash crops, farmers in North Carolina have been struggling to try to make ends meet. Hemp, Inc. has provided hope and seems to be viewed as a "savior". Small and medium farms will now have a source for reliable income. "Hemp, Inc. is now paving the way for a 3,000+ acre hemp crop production in 2017."

In this Hemp, Inc. video, shareholders and the public are able to view the planting of the harvested 420 acres.

To see the video of America's largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.)

Hemp, Inc. has been documenting every step of the process. To see the video documenting the two major components being installed for the mill, visit www.HempIncPresents.com. The video shows the arrival, unloading and installation of the dust collector and the electrical panel being installed. Specialized contractors assisted with securing all of the equipment in place.

"The milling portion of our 70,000 square foot commercial industrial hemp processing facility and milling operation, on 9 acres in Spring Hope, North Carolina has allowed us to strategically expand our worldwide industrial base for producing other hemp-based products," said Perlowin. Hemp, Inc.'s industrial hemp processing facility is bound to become the mecca of this new clean green agricultural and industrial American revolution.

To see the most recent video of the mill being completed, click here. To see the video of America's largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.

THE HEMP UNIVERSITY
The Hemp University has been established to be the blueprint for farming, navigating and thriving in the industrial hemp revolution. With the goal to educate its attendees on key topics such as transitioning from traditional farming to organic farming, different hemp cultivar strains, how and where to get certified seeds, planting and harvesting industrial hemp, an in depth history of hemp and its many uses, agronomy, permaculture, ecological advantages and many more courses with an ever expanding curriculum. Hemp, Inc. (OTC PINK: HEMP) has secured an outstanding lineup of experts from at least a dozen states all over the country, including New York, Virginia, North Carolina, South Carolina, Nevada, Colorado, Oregon and Kentucky and more for the 2017 season.

Classes will also cover such topics as organic certification, potential licensing fees, what's happening with industrial hemp in different states around America, high CBD strains and different CBD extraction technologies (which will also be installed and showcased at Hemp, Inc.'s processing facility) and marketability of the crop. The seminars are expected to start March 18, 2017.

Hemp retail products from all around the country will be showcased at The Hemp University. Attendees will also be able to connect with potential industrial hemp distributors and product manufacturers. Our new "Hemp Hub" will be a one stop shop for every aspect of industrial hemp from seed and soil to sale. Providing as many resources as possible to our American farmers and land owners to successfully grow hemp and have sales channels for the potential 25,000 products our hemp industry can produce.

For those interested in attending, teaching, touring the hemp field and hemp processing facility or showcasing your company's hemp products, at The Hemp University, visit www.thehempuniversity.com. With less than 30 days and 50 slots available for land owners and farmers, it's advisable to purchase your ticket(s) today.

SUBSCRIBE TO HEMP, INC.'S VIDEO UPDATES
"Hemp, Inc. Presents" is capturing the historic, monumental re-creation of the hemp decorticator today as America begins to evolve into a cleaner, green, eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the #1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the "Freedom Leaf Magazine" article "The Return of the Hemp Decorticator" by Steve Bloom.

Freedom Leaf Magazine, one of the preeminent news resources for the cannabis, medical marijuana, and industrial hemp industry in America, is published by Freedom Leaf, Inc., a fully reporting, audited, publicly traded company on OTC Markets. Stay in the loop with Freedom Leaf Magazine as it continues to deliver the good news in marijuana reform with some of the most compelling art, entertainment, and lifestyle-driven industry news in the cannabis/hemp sector. On the go? Download the Freedom Leaf mobile app to stay connected as they transform the delivery of cannabis news and information across the digital landscape. Get the mobile app on Apple iOS or Google Play.

"Hemp, Inc. Presents" is accessible 24 hours a day, 7 days a week, by visiting www.hempinc.com. To subscribe to the "Hemp, Inc. Presents" YouTube channel, be sure to click the subscribe button.

ABOUT INDUSTRIAL HEMP
Hemp is a durable natural fiber that is grown as a renewable source for raw materials that can be incorporated into thousands of products. It's one of the oldest domesticated crops known to man. Hemp is used as a nutritional food product for humans and pets, building materials, paper, textiles, cordage, organic body care and other nutraceuticals, just to name a few. It has thousands of other known uses. A hemp crop requires half the water alfalfa uses and can be grown without the heavy use of pesticides. Farmers worldwide grow hemp commercially for fiber, seed, and oil for use in a variety of industrial and consumer products. The United States is the only developed nation that fails to cultivate industrial hemp as an economic crop on a large scale, according to the Congressional Resource Service. However, with rapidly changing laws and more states gravitating towards industrial hemp and passing an industrial hemp bill, that could change. Currently, the majority of hemp sold in the United States is imported from China and Canada, the world's largest exporters of the industrial hemp crop.

To see the video showcasing the dramatic footage of our hemp and kenaf grows, click here.

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.'s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

HOW HEMP CAN CHANGE THE WORLD
Industrial, medicinal and commercial properties of hemp have been known to mankind for decades. Cultivating hemp does not require any particular climate or soil, and is thus found in all parts of the world and has been found to be a better alternative than other raw materials. Hemp products can be recycled, reused and are 100% biodegradable. The growth speed of the plant is fast enough to meet the increasing industrial and commercial demand for these products. Switching to hemp products will help save the environment, leaving a cleaner and greener planet for the next generation.

"The hemp crop grows dense and vigorously. Sunlight cannot penetrate the plants to reach the ground, and this means the crop is normally free of weeds. Its deep roots use ground water and reduce its salinity. Also, erosion of topsoil is limited, thereby reducing water pollution. The roots give nitrogen and other nutrients to the soil. After the harvest, this soil makes excellent compost amendments for other plants, and hemp cultivation can follow the rotation of agriculture with wheat or soybean. In fact, the same soil can be used to grow hemp for many years, without losing its high quality. The hemp plant absorbs toxic metals emitted by nuclear plants into the soil, such as copper, cadmium, lead and mercury." (Source: www.HempBenefits.org)

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.'s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

ABOUT NORTH CAROLINA INDUSTRIAL HEMP ASSOCIATION
"Through education we believe that the law of our state can be changed to allow the growing, processing, and sale of Hemp and Hemp products within North Carolina in a responsible manner. Through education, dedication and fundraising, North Carolina can be accelerated to the forefront of global growth in Industrial and Medicinal Hemp. North Carolina can and should lead the country in cultivation, processing and support the consumption of hemp's many beneficial products. Hemp was, for almost 200 years, a legal and fundamental crop in North Carolina and should be again. Farmers should be able to grow and consumers buy Hemp products grown and processed in our state." Visit www.ncindhemp.org for more information. To join the North Carolina Industrial Hemp Association, click here.

ABOUT THE NATIONAL HEMP ASSOCIATION
NHA represents hemp farmers, processors, manufacturers, start-up businesses, entrepreneurial endeavors, and retailers and strives to build a viable industrial hemp economy by providing education about the benefits of hemp and providing expert consultation to producers and processors entering the hemp industry. NHA has developed close relationships with local and state government agencies to establish regulations that benefit the hemp industry across the nation. We provide a wealth of expertise in fields ranging from mining and agriculture to hemp materials processing and the latest developments pertaining to laws and regulations. For more information on the National Hemp Association, visit www.NationalHempAssociation.org.

HEMP, INC.'S TRIPLE BOTTOM LINE
Hemp, Inc. (OTC PINK: HEMP) seeks to benefit many constituencies from a "Cultural Creative" perspective, thereby not exploiting or endangering any group. CEO of Hemp, Inc., Bruce Perlowin, is positioning the company as a leader in the industrial hemp industry, with a social and environmental mission at its core. Thus, the publicly traded company believes in "up streaming" a portion of its profits back to its originator, in which some cases will one day be the American small farmer -- cultivating natural, sustainable products as an interwoven piece of nature. By Hemp, Inc. focusing on comprehensive investment results -- that is, with respect to performance along the interrelated dimensions of people, planet, and profits -- the triple bottom line approach can be an important tool to support its sustainability goal.

SOCIAL NETWORKS:
http://www.twitter.com/hempinc (Twitter)
http://www.facebook.com/hempinc (Facebook)
http://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investors Hangout)

To see the video showcasing the dramatic footage of our hemp and Kenaf grows, click here.

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.'s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

For Investor Relations, please send correspondence to: ir@hempinc.com

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