LOS ANGELES, CA--(Marketwired - Feb 18, 2014) - Webxu, Inc. (OTC Pink: WBXU) announced today that will expand its branded web and mobile development services into the industrial hemp industry.
By working with Hemp, Inc. (OTC Pink: HEMP) and its subsidiaries, Webxu will be able to expand its reach and provide ongoing services in the areas of online web development and advertising initiatives for businesses in the industry.
Matt Hill, Webxu CEO, said, "Webxu is looking forward to working with Hemp, Inc. (OTC Pink: HEMP) and its subsidiaries including IHMMCC, Inc. Hemp, Inc. (OTC Pink: HEMP) is a solid company with a strong presence in the hemp industry that strives to find new products and channels of distribution that fit within their industry. We see a need in this sector for cutting edge branded web and mobile development services, which is one of our core competencies. We believe we can help companies in this high growth industry and this growth could yield significant results for our Webxu."
Bruce Perlowin, CEO of Hemp, Inc. (OTC Pink: HEMP), said, "The industrial hemp and medical marijuana industries have become the fastest growing in America. It's the birth of a new American Industrial Revolution. Since we were the ones that started the sector and have been here since the very beginning, I know where all the gold is hidden in this industry, every nuance of this business niche, what will work and won't work, what has been tried before and what new ideas and concepts for the industry will fly or fail. Webxu products and services are exactly what is needed in the process of legitimizing, stabilizing and bringing their brand of business tools to this sector."
About Webxu, Inc.
Webxu, Inc. (WBXU) is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visit http://www.webxu.com.
About Hemp, Inc.
Hemp, Inc. (OTC Pink: HEMP) focuses on the vast market created by the quickly emerging, and growing, multi-billion dollar industrial hemp industry. Hemp is not involved in the cultivation or marketing of medical marijuana. It is the company's belief that legalization of hemp in all 50 states and at the federal level will come to pass. With that in mind, the company is building infrastructure with the potential to gain substantial market share before and after industrial hemp prohibition ends (pending any federal licensing or other requirements that may be enacted after hemp prohibition ends).
About IHMMCC, Inc. (THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING COMPANY)The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC Pink: HEMP) that pulls industry information from a vast network of specialists that consists of other public industry, public company CEOs, bankers, investors, lawyers, industry analysts, and non-profits connected to the industry. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. For more information about Hemp Inc., visit http://www.hempinc.com.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. or Webxu, Inc. to be materially different from the statements made herein.