SOURCE: Hemp, Inc.

Hemp, Inc.

October 30, 2015 08:51 ET

Industrial Hemp to Be Legal in North Carolina at Midnight Friday, October 30, 2015

LAS VEGAS, NV--(Marketwired - Oct 30, 2015) - According to an article in The News and Observer written by Colin Campbell, yesterday, industrial hemp will be legal in North Carolina at the stroke of midnight, Friday, October 30, 2015. "Farmers in North Carolina are likely to wake up Saturday morning with a new option for growing crops. Industrial hemp production is expected to become legal at the stroke of midnight." The bill could lead to a boom in the region.

Highlighting Hemp, Inc.'s (OTC PINK: HEMP) multipurpose industrial hemp processing facility in Spring Hope, North Carolina, Campbell noted North Carolina as "home to one of the country's only decortication plants, a facility that processes hemp to sell to textile manufacturers and other users. The multimillion-dollar plant is set to start production within months at a cavernous warehouse outside the small Nash County town of Spring Hope."

David Schmitt, COO of Hemp, Inc.'s subsidiary, Industrial Hemp Manufacturing, LLC was also featured in a video explaining the manufacturing process of the decortication facility and what they expect to accomplish once the clock strikes twelve.

As reported previously, the Industrial Hemp Bill in North Carolina (Senate Bill 313) passed the house on September 28 by a vote of 101-7 and passed the Senate on September 29th, by a vote of 42-2. It has been awaiting Governor Pat McCrory to sign it into law. However, according to the article, unless he vetoes it before midnight, it will become law without his signature at midnight Friday.

Once legalized, North Carolina will be home to the only industrial hemp commercial decortication facility in the United States. Long viewed as a visionary, Bruce Perlowin's, CEO of Hemp, Inc. (OTC PINK: HEMP), decision to keep the decortication plant in North Carolina, when no one thought they would legalize hemp, is now viewed to many as well-founded. "We were being wooed to move the plant to South Carolina, Kentucky, Colorado and even Canada. However, I knew the legalization of industrial hemp in North Carolina could not be that far off. We would happily process the millions of pounds of kenaf, inherited with the purchase of the decortication equipment, while we waited for hemp to be legalized. And now, it seems that day starts at midnight for the state of North Carolina."

In Campbell's article for The News and Observer, Lee Edwards of Sugar Hill Farms in Kinston was quoted saying, "We're in a perfect geographical location for the production of hemp with our climate. Hemp really gives us a crop during the summertime that is a viable cash crop to us." Edwards is among the farmers in North Carolina who is ready to add industrial hemp to his field.

A Daily Journal article posted October 26, 2015 quoted Senator McInnis saying, "That plant [industrial hemp] thrives in sandy soil. Our land is suited for that. I believe it'll be something that'll be good for our farmers. It has a myriad of industrial and commercial uses."

As for the latest updates on the progress of the plant, the electrical contractor has been on site for the last month. "We are assisting them with the installation of all the electrical wiring needed to get our decortication line operational. There is an enormous amount of wiring to be pulled throughout the facility to each component of the decortication line. There are also approximately 10,000 electrical terminations to be completed.

"We have also completed the rebuild on one of our two mills. The mills are used in the manufacture of our Drillwall LCMs. We anticipate pouring the concrete foundation to support our 60-foot tall silo within the next two weeks. All of the engineering has been completed on this foundation and we are ready to proceed," says Schmitt.

The first of the portable decortication plants have also arrived at Hemp, Inc.'s facility. This will allow Hemp, Inc. to help farmers decorticate their crops in states too far away to utilize our processing facilities, such as Colorado, Kentucky, Oregon, Virginia and other states. Between the multipurpose industrial hemp processing facility, the portable decortication machines, and the Hemp laboratory (currently under construction) Hemp, Inc. is poised to be the avant-garde of the industrial hemp industry.

Hemp, Inc. executives also announced today that they will build a testing lab within their facility. According to David Schmitt, COO of Hemp, Inc. Industrial Hemp Manufacturing, LLC, the lab will be for new product development testing and testing raw hemp materials, fibers and hemp-based products. Not only will Hemp, Inc.'s decortication facility be the only commercial facility in the United States located in North Carolina, it will also be home to the only commercial testing lab for industrial hemp.

Bob Hughes, VP of Sales and Marketing, said, "I don't know of any other industrial hemp testing labs in North America except in Manitoba and other places in Canada... none here in the United States. We will be the first. Additionally, as the plant approaches the final phase of completion, we are reaching out to our contacts, which are some of the largest petroleum, oil and gas companies in the world. We will truly be the leaders of the industrial hemp industry."

The testing lab will be home to our particle size analyzer, valued at an estimated $70,000, with the electron digital capability to measure down to a nano size of about 200 microns. According to Hughes, this will create a powdery kenaf or hemp substance which is a key component in products that will be produced in the facility. A 200-micron particle size distribution is unique and must fit within a specific curve to make our lost circulation material (LCM) and the particle size analyzer is just the specialized type of machinery to ensure this.

Seed oil from kenaf and hemp will also be tested for authenticity and purity levels. Bio-based polymers, a component used in the manufacturing of lost circulation materials (LCMs) will also be produced. All of the raw materials will also be a natural, organic alternative to chemical-based compounds. "What we will be manufacturing is what you would consider 'food grade'... natural, bio-organic and non-toxic. We do everything green and will be testing for the quality of products we produce. Quality assurance is our primary goal for our customer base," said Hughes. 

Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) says the company will use reclaimed wood from North Cal Wood Products to build the new testing lab and new office space at the facility. The reclaimed wood used to build the lab and office space, totaling 20,000 square feet, will increase the insulation of the inside of the warehouse, thereby making the facility more energy efficient. The wood is currently in transit from California to Spring Hope, North Carolina and is expected to arrive any day.

On November 4, 2015, Hemp, Inc.'s subsidiary, Industrial Hemp Manufacturing, LLC will also host the Weed 4 Warriors at its facility in Spring Hope, North Carolina. Weed 4 Warriors will be given a plant tour, and Q&A time after educating them on the vast number of products that can be manufactured from Industrial Hemp.

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