SOURCE: Hemp, Inc.

Hemp, Inc.

February 15, 2017 10:18 ET

Hemp, Inc. Reports Mill Portion of Hemp Processing Facility Complete

SPRING HOPE, NC--(Marketwired - Feb 15, 2017) - Hemp, Inc. (OTC PINK: HEMP) announced today the much-anticipated milling operation in Spring Hope, North Carolina is now complete and is set to enter beta testing. The mill, a part of Hemp, Inc.'s 70,000 square-foot industrial hemp processing facility on 9 acres, will be able to process and produce Lost Circulation Material (LCMs) and oil absorbent materials for sale into the marketplace. With an in-house skilled team of employees, beta testing the milling machinery should only take a week or two, according to executives.

David Schmitt, COO of Hemp, Inc.'s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC (IHM) said they expect to have the mill operating at full capacity once beta testing is over. "We have remained and continue to remain committed to bringing the facility online and operational. This is a very exciting time for us. This week and next week will be exceptionally busy." Schmitt is meeting with a lighting specialist on installing LED lighting above the packaging area of the plant and also writing program code for the programmable logic controller (PLC).

Overall, the PLC feeds the milling components programmed data that instructs each part to function and operate in a specified way. Specifically, it's an industrial digital computer which has been ruggedized and adapted for the control of manufacturing processes, such as assembly lines, or robotic devices, or any activity that requires high reliability control and ease of programming and process fault diagnosis.

"We hope to get the lights installed in a few days and writing the code for the PLC will only take a few days. Once the mill is powered up, we'll begin feeding it material for processing. The goal is to exhaust all the kenaf inventory in order to manufacture LCMs and other absorbent materials," said Schmitt.

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.KinsDomain.us. 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.

In addition to the completion of the mill, shareholders can also expect lucrative business opportunities for Hemp, Inc. in the Spring of 2017. Schmitt met with the North Carolina Industrial Hemp Commission this week to solidify the commission's rules and regulations on growing hemp in the state. Major strides are being made in North Carolina and all over the country. Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) said, "I don't believe we are too far away from hemp being de-scheduled on the federal level. It makes no sense that industrial hemp is considered a drug in the first place, any more than corn, wheat, cotton or oats. What we have unfolding in America is an enormous resurgence for farmers all over the country to be able to grow industrial hemp unencumbered."

Hemp, Inc. stands to benefit from this tremendously, having the largest multi-purpose industrial hemp processing facility in North America. "Industrial hemp has to be processed and we are the only company with the means to do so on a large scale. The infrastructure is already in place," said Perlowin.

Hemp, Inc. is looking to possibly grow and harvest a very large hemp crop on up to 50,000 acres, in 2018, and a little over 3,000 acres this year which can all be processed at the company's industrial hemp processing facility. "In addition to the hemp fiber strain we'll be growing, we're looking to grow a CBD strain as well. We have several greenhouses to grow CBDs indoors and outdoors," said Schmitt.

"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.

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 Freed 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)

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

Contact Information