SOURCE: Hemp, Inc.

Hemp, Inc.

February 28, 2017 03:30 ET

Hemp, Inc. Reports: Nebraska on Track to Legalize Industrial Hemp

SPRING HOPE, NC--(Marketwired - Feb 28, 2017) - "Industrial hemp has absolutely no recreational applications. It only has medical and industrial applications. Sorry, you can't get high on hemp. If there is any federal pushback against recreational marijuana, this would not affect industrial hemp or Hemp, Inc.," said Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP). For the past six days, Hemp, Inc. has reported on a series of states that are on track to legalizing industrial hemp -- Arizona, New Mexico, Alaska, South Dakota, Wisconsin, Illinois. Nebraska joins that list today with hopes of bolstering research and development of industrial hemp for use in agribusiness, alternative fuels and opportunities in other areas.

"With the succession of states legalizing or on track for legalizing industrial hemp, the industrial hemp industry in America is rapidly reaching a tipping point," says Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP).

So what is making industrial hemp so important to Americans and so important to states that they are willing to simply ignore a federal ban now? As the uninformed become informed on the difference between hemp and marijuana and the fog of ignorance dissipates, a miracle crop stands in clear sight as ways to help the economy and expand sources of revenue are sought.

Last week, legislative bill (LB) 617 was heard in the Nebraska Agriculture Committee. Introduced by Senator Justin Wayne of Omaha, LB617 would create the Industrial Hemp Commission within the state Department of Agriculture. The commission would oversee a five-year research project conducted with the University of Nebraska that would include seed research and the planting, cultivation and analysis of industrial hemp demonstration plots. "We have expert farmers, scientists, industrialists and centuries of history to prove that hemp is safe and can be used to make money for Nebraskans," said Sen. Wayne.

According to The Nebraska Legislature official news source, there was a lot of support for legalizing industrial hemp in Nebraska. John Hansen, president of the Nebraska Farmers Union, said, "Nebraska farmers are exploring alternative crops such as wheat, small grains, legumes and hemp that can withstand the hotter, drier climate predicted by a 2014 UNL study on the implications of climate change for Nebraska. Hemp is drought tolerant and well suited to Nebraska growing conditions. I think this particular crop has a lot of potential because it is so versatile."

Bill Hawkins of the Nebraska Hemp Company also testified in support of the bill. He said, "Nebraska is one of the only states that has not eradicated wild hemp, often called 'ditch weed.' This means that the plants' genes are valuable for breeding and research." A lot of Nebraskans are comparing their current law on hemp to Kentucky and feel that Nebraska "is losing the race to develop hemp production to Kentucky, which has 40 hemp processing companies." Hawkins also voiced, "All we're asking for is that opportunity to get back in the race." No one testified in opposition to the bill and the committee took no immediate action on it.

Industrial hemp can be used for a wide range of products, including fibers, construction, food, paper, insulation materials, textiles, cosmetic products, and beverages, to name a few and is estimated to be used in more than twenty-five thousand products spanning multiple markets (agriculture, textiles, recycling, automotive, electronics, furniture, food/nutrition/beverages, paper, construction materials, personal care and others).

Hemp, Inc. forecasted this tipping point years ago and started developing the solid infrastructure for what is in place today. That infrastructure includes Hemp, Inc.'s commercial multi-purchase industrial hemp processing facility in North Carolina, industrial hemp farming in North Carolina, Nevada, Arizona (and more states soon), marketing systems to market in the U.S. and globally, and an educational component ('The Hemp University' in North Carolina). This has put Hemp, Inc. at the forefront of this multibillion dollar emerging industry as a leader while it continues to collectively build a new clean green agricultural and industrial American Revolution.

Under the proposed Nebraska law, "the Industrial Hemp Act is to assist the State of Nebraska in moving to the forefront of industrial hemp production, development, and commercialization of hemp products in agribusiness, alternative fuel production, and other business sectors, both nationally and globally and to the greatest extent possible."

While prospective hemp growers would still have to take federal law into consideration, by eliminating the state requirement for federal permission, the Nebraska law would eliminate a major obstacle to widespread commercial hemp farming within the borders of the state.

"It's no doubt that industrial hemp industry is here to stay and it's only going to grow. Trying to slow that evolutionary progress down is like trying to sweep back an incoming tide with a broom. State legislatures are taking action to promote industrial hemp as an agricultural commodity and now the time is approaching for Nebraska to do the same," said Perlowin.

As more states legalize industrial hemp, more opportunities become available for Hemp, Inc. to process the raw hemp. Hemp, Inc.'s commercial, large scale, 70,000 square foot industrial hemp processing facility, on 9 acres of land in Spring Hope, North Carolina is the only one of this magnitude in the entire western hemisphere. The milling portion of Hemp, Inc.'s industrial hemp processing facility has just been completed which strategically expands the company's worldwide industrial base for producing hemp-based products. 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.

Aligned with Hemp, Inc.'s Triple Bottom Line approach, Perlowin is exploring the possibilities of developing Hemp Growing Veteran Village Kins Communities in Nebraska (similar to the 500-acre demonstration community being built in Arizona where Perlowin plans on growing 300 acres of hemp this year) that would consist of smaller lots for Kins Domains (eco-villages). "The eco-villages would also include organic gardens, natural beehives, a pond, a living fence and other elements," said Perlowin.

From rehabilitation to job creation, Perlowin says this model presents a holistic solution to those individuals that all Americans owe a great debt of gratitude towards... the American veterans. Perlowin expects this model to produce very lucrative revenue for Hemp, Inc., the veterans themselves and the local communities these Kins Communities are built near. "The infrastructure for 'The Hemp Growing, CBD-Producing, Veteran-Village Kins Community,' which takes time to build, is already in place in Arizona which I've been building for the last 4 years and can be duplicated for Nebraska," concluded Perlowin.

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 at https://www.eventbrite.com/e/farming-hemp-for-profit-tickets-32189961040.

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, American veterans and others -- 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.

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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.

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