News

Hemp, Inc. Acquires Leading Manufacturer of Hemp Products

Las Vegas, NV – (NewMediaWire) – September 14, 2021 – Hemp, Inc. (OTC PINK: HEMP), an established leader in the
industrial hemp market, announces that it has acquired a significant
manufacturer and co-packer, Ferris Holding Inc. (“Ferris”), headquartered in
Las Vegas, Nevada.  Hemp Inc.’s all stock acquisition of Ferris will
provide cost savings and increased revenue of products developed, manufactured
and co-packed by Ferris. As a leading co-packer and manufacturer, Ferris will
expand Hemp Inc.’s launching of new products in the hemp market that can be
distributed and sold worldwide by Hemp Inc.

Ferris was founded and began
operations in 2005 and has been the manufacturer of the King of Hemp® smokable
product line for Hemp Inc. With consistent stellar health department ratings
and innovative manufacturing processes that increase quality while decreasing
loss, Ferris is a highly respected manufacturer. The ownership of Ferris has
agreed to allow their management team to stay on for at least one year,
assuring a smooth transition to the management team at Hemp Inc. 

Jim Hancock, President of Hemp
Inc., stated, “We are very fortunate to have spent several years working with
the management team at Ferris in Las Vegas, NV, in providing the best quality
products in the Hemp market.  Our acquisition of Ferris will give Hemp
Inc., an advantage of launching new products that will expand our products and
bring new customers and distributors worldwide.  We also now will
experience significant cost savings to Hemp Inc. by having control of our
manufacturer and co-packer.”

King of Hemp® Gummies are
now in stock at retailers online. These CBD edibles come in a variety of
flavors and potencies of 25 gm, 20 gm and 10 gm. Flavors include blue
raspberry, kiwi, strawberry, pineapple, guava, tropical, apple, citrus, berry
tang and more. CBD Fruit Rings (20 gm and 10 gm) are
available in apple, peach and watermelon. King of Hemp® Sour Bears in
assorted flavors (10 gm) are in stock, too. 

King of Hemp® Caviar
(previously called Moon Rocks) offers high CBD potency and a rich taste. The
Caviar is made from high-quality Bubba Kush hemp flower, coated in a THC-free
distillate and then rolled in CBG-rich kief. While Caviar can be smoked in a
pipe or vaped, it should not be rolled into a cigarette.

King of Hemp® Diamonds
contain over 95% CBD and are derived from terpene-infused THC-free distillate.
Diamonds are consumed by dabbing. 

The robustly flavored King of Hemp® Pre-Rolls
are made from organic, pesticide-free Bubba Kush hemp wrapped in RAW Natural
Rolling Paper. The unique wrapper is made from 100% plants with no added chalk
or dyes. Pre-Rolls are sold online as singles and in a six-pack.

Fortified Pre-Rolls utilize the King of Hemp® Pre-Roll and
cover it with a high-CBD distillate and help kief. These highly potent,
flavorful pre-rolls are recommended for experienced smokers.

Midnight Express, a high CBG
Pre-Roll, is made from premium hemp flowers, named in honor of the 1977 book by
Billy Hayes ‘Midnight Express’, which
was also an award-winning feature film, written by Oliver Stone. Hemp, Inc. uses a
proprietary process for its Pre-Rolls, which includes blending the best flower
from numerous hemp crops. King of Hemp® Pre-Rolls
offer smokers a unique, consistent profile every time.

Hemp, Inc. began shipping its King of Hemp® product line
to stores across the country in late 2020.

King of Hemp® Tinctures
are currently sold out, but new-formulation tinctures will be available at the
King of Hemp® online store and at retail locations very soon. 

WHAT IS HEMP, INC.?

What is Hemp, Inc.? With a
deep-rooted social and environmental mission at its core, Hemp,
Inc. seeks to build a business constituency for the American
small hemp farmer, the American veteran, and other groups experiencing the
ever-increasing disparity between tapering income and soaring expenses. The
Company is on a mission to be a powerful engine for social change and economic
revival, worldwide, by providing hemp products that are eco-friendly,
sustainable and healthy. Hemp, Inc. executives believe there can be tangible
benefits reaped from adhering to a corporate social responsibility plan.

Hemp, Inc. investors can
further support the company’s mission by making the
King of Hemp® product purchases—a win/win scenario, because it generates
revenue for the company and the King of Hemp® offers only
the highest quality CBD and CBG products.

Jim Hancock, newly announced
President of Hemp, Inc., stated, “Now
is the time for all shareholders that live in the area to go to the store and
purchase King of Hemp® products for
their own benefit and to support their investment in Hemp Inc. If you do not
live in the area, go to the KingOfHemp.com website and order products so you
can enjoy the benefits high-quality hemp brings.”

FORWARD-LOOKING DISCLAIMER AND
DISCLOSURES

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. The Securities and Exchange Commission (SEC) requires issuers
to provide “adequate current information” and Hemp, Inc. does… using the SEC’s
Alternative Reporting Standard to publicly report its quarterly and yearly
financials.  All current information can be found on www.hempinc.com/hemp-financial-disclosures/.
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.

Contact:

Hemp, Inc.    

855-436-7688

ir@hempinc.com

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