News

Hemp, Inc. Commends Congress for Approving Measure Allowing CBD for Military Use

Las Vegas, NV – (NewMediaWire) – July 30, 2020 – Hemp, Inc. (OTC PINK: HEMP) a global leader in
the industrial hemp industry with bi-coastal processing centers, including the
85,000 square foot multipurpose industrial hemp processing facility on nine
acres in Spring Hope, NC.; a 55,000 square foot state of the art local
processing center in White City, Ore.; a 500 acre hemp growing Veteran Village
Kins Community in Golden Valley, Az.; two model “Small Family Hemp Farms” in
North Carolina and Arizona; a hemp pre-roll blending
manufacturing facility in Las Vegas, NV, a 5,000 square-foot retail store (The
King of Hemp Store™) in Kingman, Arizona and recently surpassed over $2 million
in sales of their pre-98 OG Bubba Kush buds, commends Congress for approving an
amendment to the National Defense Authorization Act (NDAA) permitting military
service members to use CBD and hemp-derived products.

The amendment
supersedes months of confusion surrounding cannabidiol (CBD) policy earlier
this year and addresses policies across military organizations following the
legalization of hemp in the 2018 Farm Bill. The amendment also includes a
measure allowing heads of military branches to issue reenlistment waivers to
members of the armed forces who admit to using cannabis.

The approved measure
is also celebrated by Hemp Inc.’s strategic hemp growing partner Veterans Village Kins Community in
Arizona which is designed to grow hemp for CBD products that benefit veterans,
generate revenues for the residents, and to support the holistic healing and
learning center at the heart of the community.

“This is a step in the
right direction for cannabis policy reform provisions and we’re very pleased
that Congress has taken the initiative to allow military members to utilize the
natural benefits of hemp to remedy the mental and physical effects of serving
our country,” said Hemp, Inc. CEO Bruce Perlowin. “Working with our veteran
partners at Veteran Village Kins Community in Arizona, Inc. we can see the good
that CBD has on former military service members and this only illustrates the
therapeutic and preventative effects it can have on active members as well.”

According to the
Department of Defense Suicide Prevention (DoDSER) 2017 annual report, there
were 1,397 non-fatal suicide attempts by active-duty service members. However,
a 2015 study titled ‘Cannabidiol as a Potential Treatment for Anxiety
Disorders’ showed CBD usage to be most effective in helping people deal with
traumatic events within an hour of the experience, suggesting that using CBD
while on active duty could probably decrease the development of PTSD and severe
anxiety before it is too late.

To see one-minute
videos of Hemp, Inc.’s current activities, visit Bruce Perlowin’s
personal Facebook page,
where he shares daily posts of Hemp, Inc.’s activities around the country. 
Additionally, follow Hemp, Inc. on Instagram here and
on Twitter here.

Those interested in
King of Hemp™ pre-rolls or
hemp-derived CBD tinctures should visit www.kingofhempusa.com or
email sales@kingofhempusa.com.  Hemp, Inc.’s King of Hemp™ is also
forming a focus group to test the next new line of pre-rolls slated to hit the
market in the next few weeks.  Those interested in participating should
contact Paul Kodydek via email pkodydek@hempinc.com. This focus group will
provide an excellent way for King of Hemp™ pre-roll consumers to provide
feedback on upcoming new products and allow the Company to gather customer
opinion and sentiment prior to prelaunch.

To view the webinar
featuring Hemp, Inc.’s CEO, Bruce Perlowin, click here. 

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.’S TEN
DIVISIONS

It has been Hemp,
Inc.’s intent to continually invest in building its hemp infrastructure,
especially since none existed previously. In fact, the Company has
instinctively been following the same path as Amazon… reinvesting profits and
operating capital back into building the infrastructure. This is a business
strategy that has been proven and works well.

All the years leading
up to this point were building and finishing the largest hemp infrastructure in
America and now the Company is focusing 90% of its efforts on marketing and
generating revenues. The result, so far, has been almost crossing the million
dollar mark in revenue in just 10 weeks.

Hemp, Inc.’s ten
divisions are as follows:

 

Division One –           
The Industrial Hemp Infrastructure

Division Two –           
The Hemp Farming Infrastructure

Division Three –         
The Hemp Extraction & Pre-Roll Blending Infrastructure

Division Four –           
The Hemp Educational Infrastructure

Division Five –           
The Hemp Marketing Infrastructure

Division Six –             
Accessories, Products and Services

Division Seven –        
Research and Development

Division Eight –          
Industrial Hemp Investments and Joint Ventures

Division Nine –           
Industrial Hemp Consulting

Division Ten –            
Educational Entertainment

 

Division
One – The Industrial Hemp Infrastructure

The Industrial Hemp
Infrastructure (Division One) currently consists of two hemp
processing facilities across the country, with two more under development,
which will include an in-house third party testing laboratory.  The
largest of the two is its multi-purpose industrial hemp processing facility and milling operation
in Spring Hope, North Carolina. It’s the largest “industrial hemp
processing center” in the western hemisphere and has grown to become one of the
pre-eminent centers of the industrial hemp industry. The 85,000 square foot
facility sits on 9-acres. It is environmentally sustainable and was built
from the ground up in hopes of “Making America Hemp Again.”  With a
patent pending manufacturing process, the North Carolina facility is operating
full time to process millions of pounds of the Company’s unique kenaf-hemp
blend, to manufacture all-green natural loss circulation material (LCMs),
called DrillWallTM.  The DrillWallTM is to be sold to
the oil and gas drilling industry, along with an all-green natural oil spill
absorbent, a second industrial kenaf-hemp product called Spill-Be-GoneTM. The Company also mills hemp and
kenaf to make hemp bioplastics from its industrial hemp processing facility and
milling operation in Spring Hope, North Carolina.

“We currently
have 772,800 pounds of raw kenaf bales, 364,500 pounds of DrillWallTM
in 14,580, 25-pound bags; 494,489 pounds of Spill-B-GoneTM in 463
Supersacs and 11,200 pounds of raw hemp in 16 bales.  That’s a total of
1,673,339 pounds of product which translates into finished product that will be
sold for $1 – $4 per pound,” said Perlowin.

In addition to the
company’s industrial hemp processing facility in Spring Hope, North
Carolina, Hemp, Inc. also rents one of the most sophisticated local processing
centers (LPC) in White City, Oregon which focuses on hemp harvesting, drying,
curing, trimming, bagging, storing, and in some cases selling high CBD hemp for
local farmers and the Company’s own hemp grows in that area, and post
processing for the CBD industry.  The Company’s main focus is the “King of HempTM
pre-rolls and high CBD smokable buds… a new phenomenon of smoking hemp which
has caught the marketplace by storm.

Hemp, Inc. and their
associates also have 4,500 acres of land in Golden Valley, Arizona  (100
miles from Las Vegas, 20 miles north of Kingman, AZ)
.  Out of the
4,500 acres of land, 500 acres are designated for the Veteran’s Village Kins
Community (VVKC) for Arizona.  Hemp, Inc. is preparing 80+ acres, of the
500 acres, for hemp cultivation. The company aims to boost the economies of
these towns by offering affordable hemp processing services, which incentivizes
local growers to add hemp to their crop rotation. The company is continuing to
scout new locations for local processing centers in Florida, Kentucky, West
Virginia, Puerto Rico, North Carolina and several other states.

Thus far, Hemp, Inc.’s
Local Processing Center (LPC) in Oregon has employed over 200 employees during
its 2018 harvest season and over 300 employees during its 2019 harvest
season.  As of first quarter 2020, the Company has employed close to 50
employees who are bucking, trimming, sorting, bagging and shipping the
Company’s high quality premium Pre-98 OG Bubba Kush hemp. 

Division One Products:

·       DrillWallTM (a loss circulation material)

·       Spill-Be-GoneTM (an oil spill cleanup product)

·       Hemp bioplastics

As of first quarter
2020, Hemp, Inc. is fulfilling a $1 million dollar sales agreement, through its
subsidiary, Industrial Hemp Manufacturing (IHM), for its DrillWall™. According to CEO, Bruce Perlowin, the
Company has executed a sales agreement to sell $1 million worth of DrillWall™
over the course of one year.  IHM received its first $30,000 payment and
shipped the first batch of DrillWallTM out in December, 2019 and
another $60,000 payment was received for the second batch of DrillWallTM
in February, 2020 and a $30,000 payment in March, 2020. “We expect the
remaining balance from the $1,000,000 over the next few months,” said Perlowin.
IHM is based in Spring Hope, North Carolina, and is the production facility
for DrillWall™, along with other industrial hemp products.

Division
Two – The Hemp Farming Infrastructure

The Hemp Farming
Infrastructure (Division Two) consists of hundreds of acres of
hemp and kenaf growing in multiple locations, farm equipment, cloning rooms,
clones and seeds, grow rooms, greenhouses, hemp drying facilities and a huge
amount of peripheral farming tools and equipment. The progress Hemp, Inc. has
made in its agricultural endeavors, over the course of four years, has been
amazing. This year marks the fifth year that Hemp, Inc. has been growing
hemp. (To see Hemp, Inc.’s agricultural progress from 2016 through May, 2020, visit Bruce Perlowin’s personal
Facebook page at https://www.facebook.com/kingofpot and scroll through
posts from 2016 to the present. Visit https://www.hempincpresents.com/ to
see the videos of Hemp, Inc.’s grows in multiple locations.)

Hemp, Inc. also has
two “Small Family Hemp Farm” models.  The “Small Family Hemp Farm” in
North Carolina is situated on 12 acres and consists of a cloning room, a
greenhouse, and enough land to grow 2,000-3,000 high CBD or CBG hemp plants. (This
model farm can be seen on 
Bruce Perlowin‘s Facebook page, in the Aug. 22nd -
26th, 2018 posts.)
 The model shows farmers how to grow high CBD and
CBG hemp plants, operate a greenhouse and turn a barn into a cloning room to
earn up to $100,000+ a year.  This shows an example of how the “Small
Family Hemp Farm” can be duplicated and reappear on the American landscape.
After all, the original small family farms in America were able to survive
economically by growing hemp as their main cash crop and the first five
presidents of the United States were all hemp farmers.

A model “Small Family
Hemp Farm” is located Dolan Springs, Arizona.  This “Small Family Hemp
Farm” is referred to as “The Orchard” since it has a sizable organic
orchard.  There are 2 acres on which hemp will be grown; a cloning room;
cold storage; and a greenhouse that is planned to be installed. This year
mostly CBG hemp will be grown.

This year, according
to Perlowin, the company is consulting on a 55-acre grow in Oregon, partnering
with “Tractor Richard” for 40 acres of CBG hemp and 100 acres of kenaf in
Mohave Valley, Arizona. (See Bruce Perlowin’s Facebook page
post for May 19, 2020.)
 The 10 – 40 acres in Golden Valley, Arizona
for the Veteran Village Kins Community is based on how many people will sign up
for the Hempathon (1 acre joint venture grows with Hemp, Inc.),
hundreds of acres in North Carolina (a combination of hemp and kenaf),
and an undetermined amount in other states.

It should be noted
that the number of acreage and the amount to be grown has fluctuated due to the
COVID-19 pandemic. However, Perlowin says collective sales from all of these
grows will be extremely significant in terms of pre-rolls, high CBD and CBG
buds, distillate, isolate, biomass and many other products. “This year is about
sales and marketing for us.  Right now, I believe we have the largest
footprint of bio-diverse hemp products with vertical integration in the hemp
industry in America today. We are always looking for joint ventures where we have
or can expand our footprint,” commented Perlowin.

Moreover, “A to Z”
services for the farmers are available – from harvesting to drying, curing,
bucking, machine trimming, hand trimming, bagging, storing, nitrogen sparging,
and selling… creating a “one stop shop” for the small to large family farms.

Division Two Products
include:

·      
The King of HempTM
Pre-Roll Blends

·      
High premium CBD flower from the Rogue Valley in Southern Oregon, North
Carolina and Arizona

The super-premium King of HempTM
pre-rolls
 are in full production and use Hemp, Inc.’s A and B
hemp colas.  The A and B hemp colas are derived from Oregon-grown Pre-98
OG Bubba Kush, one of the top selling cultivars on the market. The strain, rich
soil and climate lend themselves to these colas being among the highest quality
buds, positioning them to be some of the best tasting for consumption.

Advocates say Oregon
has a uniquely suited climate, politically and agriculturally, to dominate the
fast-growing industry. Given that Oregon farmers have demonstrated the ability
to grow world-renowned products, it makes sense that they would be able to produce
some of the best hemp buds in the world. Hemp Inc.’s grow operation in Oregon
is among the best in the state and has yielded some of the highest quality hemp
colas on the market. The company believes that they will hit the 20% mark of
their grade A buds and the rest of the Company’s high-quality colas will be
used for their new line of pre-rolls.

The King of Hemp™ pre-roll
line offers high-end products that are an effective and flavorful, smokable alternative
to cigarettes and other hemp consumption methods. The remaining A and B colas
used in the newly launched King of HempTM pre-rolls are compliant
with the 2018 Farm Bill, federal regulations, and regulations in the markets
where they are available for purchase. The King of Hemp™ pre-rolls can be
purchased individually or in packs of 6. Each pre-roll is 1 gram and does not
exceed 0.3% THC.

As of the first
quarter, sales from the pre-rolls total $3,435. The packaging (boxes) for the
pre-rolls were delayed for two months due to COVID-19 but executives say
everything is back on track and they have 100,000 boxes in inventory as well as
100,000 tubes for the pre-rolls in inventory. With everything back on track,
pre-roll sales are expected to explode with massive revenues to be generated
next quarter.

Consumers can also
shop on the newly redesigned website www.kingofhempusa.com for
the King of HempTM pre-rolls and hemp tinctures.
Each pre-roll contains a smooth, nearly odorless natural hemp smoke. They are
tightly rolled into a filtered cigarette rice paper for the ultimate discreet
smoke. Many users have said the King of HempTM pre-rolls present a
calming experience, perfect for alleviating feelings of anxiousness and gaining
mental clarity.

The King of HempTM
tinctures also hit the market with steady sales. While there was a slight
interruption in sales due to the COVID-19 pandemic, sales are now back on
track. The tinctures available on www.kingofhempusa.com are fast-acting CBD oil tinctures
that contain the full spectrum of hemp oil extracted from the flowers and
leaves of hemp plants grown by the Company. It contains .3% or less THS so it’s
federally legal nationwide.

Within the next 30
days, the Company expects to roll-out the second product in the King of HempTM
(KOH) product line “Midnight Express” in honor of Billy Hayes who made the name
famous in the 1978 movie “Midnight Express” chronicling his suffering at the
hands of Turkish authorities for trying to smuggle hash shish out of Turkey.

Hemp, Inc. is also
hosting the Hempathon at the Veteran Village Kins Community in Arizona. 
Contestants are growing 1 acre of hemp in a contest with other growers from
around the country. Hemp, Inc. is providing land, water, security, and live
streaming video coverage for participants. The Hempathon entry fee is $5,000
and a 50/50 revenue split. Winners of the Hempathon will share in several
awards and prizes of up to $50,000.

The Veteran Village
Kins Community in Arizona has 6 domes and the overnight RV camping sites (see Bruce Perlowin’s
Facebook page post on 5/16/20)
 are being set up so people can stay on
the land during the Hempathon grow. Live streaming video cameras are also
ready, so the world can watch the “The Great American Hempathon” in real time.

Also, as part of the
Hempathon, Hemp, Inc.’s Hemp Academy (Arizona) will offer classes in one of its
geodesic domes during the Hempathon, which will include hemp experts, product
developers, field trips to the grow area, and more. This hands-on, interactive,
educational experience is the chance of a lifetime for people to learn about
this new emerging multi-billion dollar industry from hemp industry experts.

A 44-ft geodesic dome
will be set up to show movies, documentaries and courses on everything from bio-dynamic
farming, permaculture, organic farming practices to bees, predator pest
control, soil amendments, cloning, grafting and other peripheral agricultural
course materials.

“Knowledge is power
and by sharing knowledge, we all grow together,” says CEO Perlowin.

Those interested in
signing up for the Hempathon should contact Chris Tinney ctinney@hempinc.com.

Division
Three – The Hemp Extraction & Pre-Roll Blending Infrastructure

The Hemp CBD Oil
Extraction & Pre-Roll Blending Infrastructure (Division
Three) 
originally consisted of a Supercritical C02 Extractor. After
operating for over a year it has been determined that Hemp, Inc. will not be
involved in the extraction industry and has changed its direction to focus
primarily on the King of HempTM pre-rolls and The King of HempTM
high CBD smokable flower. The CBD oil that was extracted from the 2018
hemp grows in North Carolina has been made into pure crystalline CBD isolate
which was added to the Company’s “King of HempTM” branded line of
pre-rolls that are now in the marketplace across all 50 states.

In lieu of building
its own extraction laboratories, Hemp, Inc. plans to utilize the facilities of
other labs in the industry to manufacture its own line of CBD oil products
while they continue to build and expand the infrastructure for pre-rolls and
high CBD smokable buds. The Company will hire or joint venture with other,
already existing, labs to manufacture CBD, CBG, CBC, CBN, and other products in
its future cannabinoid line. With 150 different cannabinoids, over 300
terpenes, and more of each being discovered almost monthly, the product range
and possibilities in this area are endless.

Division
Four – The Hemp Educational Infrastructure

The Hemp Educational
Infrastructure (Division Four) includes Hemp, Inc.’s Hemp University which
focuses on educating and empowering Hemp farmers and
entrepreneurs with knowledge, processing, infrastructure and
support.  The educational seminars, through the Hemp University, are
held periodically (as needed).  These seminars teach farmers and
landowners how to create a profitable income stream by maximizing the per-acre
crop revenue. Through this division, Hemp, Inc. has trained well over 500 farmers in its first
two years by doing a total of nine Hemp University seminars in North Carolina
and Oregon, which included:

The New Leaf Symposium and Golden Grow Awards Gala -
January 26, 2020 (Jacksonville, Oregon)

“The New Leaf
Symposium’s”
 focus was
“Regeneration” to celebrate optimism and resilience in the industry, the
power of the plant, and faith in the hemp-producing community. The event sold
out with over 180 attendees. The feedback from attendees was overwhelmingly
possible and the speakers were hailed as the best yet. The educational
symposium concluded with the “Golden Grow Awards Gala”. The Golden Grow
Awards Gala honored Oregon’s top cultivars and put Oregon’s best farmers
head-to-head for some of the most prestigious hemp-industry
accolades. There were four categories judged in the awards: Top CBD, Top
Terpenes, Judge’s Favorite, and Peoples’ Choice.  (See Bruce
Perlowin’s personal 
Facebook post on 1/28/20 for a short video on this
symposium.)

The Pre-Harvest
Symposium
 –
September 8, 2019 (Oregon)

“The Pre-Harvest
Symposium”
 workshop at Southern
Oregon University was expertly designed for both farmers and entrepreneurs of
all experience levels, focused on harvesting, processing and profit channels
within the hemp industry. The third edition of the Southern Oregon Hemp
University brought an abundance of insight into innovations within the realm of
harvesting and processing to the forefront. Additionally, the symposium touched
on traditional practices in agriculture. (See Bruce Perlowin’s
personal 
Facebook post on 9/9/19 for a short video on this
symposium.)

Pre-Plant Support
Workshop
 –
May 4, 2019 (Oregon)

“The Pre-Plant Support
Workshop”
 was an
incredible success that filled the entire venue to capacity with attendees. In
total, there were close to 200 attendees, including 20 vendors in attendance.
The workshop was designed to help hemp farmers or those who are interested in
the hemp industry learn the best pre-planting practices prior to the planting
season. The Hemp University Pre-Planting Support Workshop was an
interactive and informative workshop that covered the various details hemp
farmers should know prior to planting in the 2019 season and beyond. (See
Bruce Perlowin’s personal 
Facebook post on 5/9/19 for a short video on this
workshop.)

The Hemp University
Educational Seminar
 – March 23, 2019 (Oregon)

This was the first
Hemp University held on the West Coast.  The seminar provided attendees
with a full day of networking, education, and support. The
seminar helped others in the area who were interested in the hemp industry
learn more about the “Industrial Hemp Revolution” and how this movement can not
only transform Southern Oregon’s economy, but also revive family farms and
small businesses in the surrounding areas. (See Bruce Perlowin’s
personal 
Facebook post on 3/28/19 for a short video on this
seminar.)

Growing Hemp for
Profit
 – March 10, 2018
– (North Carolina)  
The Hemp University’s
first educational symposium event of 2018 entitled “Growing Hemp
for Profit”
 took place on Saturday, March 10, 2018. Attendees learned
from the University’s industrial hemp experts as they shared their lessons from
their experiences in growing industrial hemp. “Growing Hemp for
Profit,”
 which took place from 8:30am to 5 pm at the Hilton Garden Inn
in Charlotte, North Carolina. (See Bruce Perlowin’s personal Facebook post on 3/17/18 for a short
video on this symposium.)

Hemp Money Event:
Economics, Lessons & Planning for 2018 – December 2, 2017 – (North
Carolina)

The fifth most vital
and anticipated educational symposium of the year was Hemp Money Event:
Economics, Lessons & Planning for 2018. This symposium was held on
Saturday, December 2, 2017 from 8:30am to 5:00pm at the Shrine Club (320
Airport Rd, Rocky Mount, NC 27804). Attendees learned the economics of growing
industrial hemp for fiber, seeds, and CBD; learned about other master POD
growers’ experiences and lessons; and, learned how to prepare for the 2018
industrial hemp growing season with a well-defined blueprint for success. (See
Bruce Perlowin’s personal 
Facebook post on 12/23/17 for a short video on
this symposium.)

The Hemp Oil Event:
The Art and Science of CBD Oil
 – September 30, 2017 (North Carolina)

The Hemp Oil Event
(The Art & Science of CBD Oil) was The Hemp University’s fourth symposium
in North Carolina, held on Saturday, September 30, 2017 from 8:30am to 5:00pm
at the Peachtree Hills Country Club, 3512 Peachtree Hills Road, Spring Hope, NC
27882.  The symposium brought attendees up to speed on all business
and scientific aspects of Industrial Hemp CBD cannabinoids by disseminating
current, reliable information that continues to shape the revolutionary CBD
market. Attendees also got a chance to go to Hemp, Inc.’s, then, 70,000 square
foot multipurpose industrial hemp decortication facility for the first live
public demonstration of its Supercritical CO2 Extraction System using North
Carolina-grown CBD industrial hemp. Representatives from NuAxon Bioscience were
also on-site to allow those interested in purchasing their own CBD extraction
system. (See Bruce Perlowin’s personal Facebook post on 9/30/17 for a short video on this
symposium.)

The Art and Science of
CBD Greenhouse Growing
 – June 24, 2017 (North Carolina)

The 3rd Hemp University educational
symposium held on June 24, 2017 focused on The Art and Science of CBD
Greenhouse Growing. The educational symposium was held at Louisburg
College in Louisburg, North Carolina. A team of experts engaged attendees
through the greenhouse and indoor growing process from cultivation to harvest
and from processing to distribution. Dr. Robert Bruck, Dean of Science, Technology,
Engineering and Mathematics and Distinguished Professor of Environmental
Science at Louisburg College, was The Hemp University’s special guest who
lectured on soil microbiology during the symposium. Attendees were able to
spend half of the course at Hemp, Inc.’s, then, 70,000 square-foot Industrial
Hemp Hub, in a 3,000 square-foot cloning room. There, attendees had the
opportunity to experience a more hands-on learning approach. (See Bruce
Perlowin’s personal 
Facebook post on 6/30/17 for a short video on this
symposium.)

Farming Hemp for
ProfitTM
 – April 29, 2017  (North Carolina)

Hemp, Inc.’s second, sold
out, educational symposium (Farming HEMP for Profit™), through its Hemp University, was a
phenomenal success. The symposium took place on Saturday, April 29, 2017, from
8:30am – 5:00pm, at the Hampton Inn & Suites located at 3920 Arrow Drive,
Raleigh, NC 27612 and drew over 100 attendees. The one-day educational
symposium and tour of Hemp, Inc.’s, then, 70,000 square-foot multipurpose
industrial hemp facility was an opportunity for landowners and farmers to learn
how to apply real business building tactics with a “specific step-by-step
blueprint” on how to grow, sell and profit from farming industrial
hemp. This event accomplished its mission to help landowners and farmers
add a new viable and profitable income stream by maximizing the per-acre crop
revenue. (See Bruce Perlowin’s personal Facebook post on 4/30/17 for a short video on this
symposium.)

Farming Hemp for
ProfitTM
 – March 18, 2017 (North Carolina)

This was Hemp, Inc.’s
first Hemp University symposium.  The symposium was a sold out
event and was a huge success with 100 attendees who rated the quality of
information presented as excellent. The symposium took place on Saturday,
March 18, 2017, from 8:00am – 5:00pm, at Hemp, Inc.’s wholly owned
subsidiary, Industrial Hemp
Manufacturing, LLC
, located at 1436 Highway 581 North, Spring Hope,
North Carolina, 27882. The one-day educational symposium was an
opportunity for landowners and farmers to receive a “specific step-by-step
blueprint” on how to grow, sell and profit from farming industrial hemp by
using real business tactics and principles, presented by industry
experts. (See Bruce Perlowin’s personal Facebook posts on 3/18-19 and 3/21-26, 2019 for a short
videos on this symposium.)

To listen to past Hemp
University workshops, please visit hemp-university.teachable.com.
Also visit https://www.hempincpresents.com to see highlights from
Hemp, Inc.’s inaugural Hemp University held in North Carolina, which sold out
in two weeks.

The Hemp University’s
twelve online
educational masterclasses
 are $10 each and each masterclass
is under an hour in length. The online courses include lectures from industry
leaders who have educated attendees at the Hemp University workshops in Oregon.
These online masterclasses provide farmers who were either not able to attend
the first Hemp University or who would like to revisit certain topics presented
by the event speakers.

Those interested in
Hemp, Inc.’s online courses, including experts in any aspect of the
industrial hemp industry, should contact Chris Tinney on (855) 554-6834 or via
email at (ctinney@hempinc.com).

“Since The Hemp
University’s initial launch with the educational symposium, the number of
attendees grew tremendously and was an overwhelming success, each
time. The interactive, hands-on learning approach was invaluable. By
learning in an interactive cohort format, students gained the
necessary skills they needed to immediately implement them on their farm or in
their organization. It’s the perfect mix of quality instruction, relevant
educational content and a high level of commitment, to ensure the educational
success of each attendee,” said Perlowin.

The Hemp University
has helped transform the livelihoods of North Carolina and Oregon farmers
transitioning from tobacco and other crops to industrial hemp by providing them
with the tools and support needed to gain a foothold in this burgeoning
industry. 

Division
Five – The Hemp Marketing Infrastructure

While marketing is a
critical facet of any business operation for increasing revenues, Hemp, Inc.
believes there must be a keen focus on the infrastructure.  The demand for
CBD, CBG and other hemp products is massive, some even say the demand is
insatiable.  In order to supply that type of volume/demand, there has to
be a strong foundation or infrastructure in place.  While Hemp, Inc.
continues to grow a rock solid Hemp Marketing Infrastructure, CEO Perlowin
reminds us that this infrastructure has to be able to support a meteoric
industry growth.  The cannabidiol (CBD) market is on track to grow to
$23.7 billion through 2023, according to the Brightfield
Group
.  The firm also estimated the smokable hemp market
to be valued at $11.5 million in 2018, a growth of 250% from 2017. “This is why
we consistently focused on infrastructure for so long. Since we made that a
priority, we are now positioned to go into an aggressive marketing mode,” says
Perlowin.

In late January, 2020
the first King of Hemp StoreTM had a soft launch in Kingman,
Arizona.  This 5,000 square foot Wells Fargo bank building is in the heart
of Old Town Kingman next to historic Route 66 and will showcase everything
hemp, including the KOH pre-roll line, flower, tinctures, health and
beauty products, and Hemp Blue’s hemp denim jeans (www.hempblue.com). The
retrofitted, once Wells Fargo Bank building, will also retain the working
vault.

The company has also
recently joint-ventured with the retail store “Hemp Healthcare”, in Dolan
Springs, Arizona, to sell high-end cannabidiol (CBD) and hemp-based products.
“Hemp Healthcare” is home to an array of renowned CBD and hemp products,
including Hemp, Inc.’s cosmetic and wellness line that includes shampoos,
conditioners, lotions, candles and more. The retail storefront is conveniently
located off Highway 93 in Arizona, in a highly trafficked tourist area.
Specifically located on Pierce Ferry Road, “Hemp Healthcare” is next to “Dolan
Station” – a location that welcomes numerous tour buses daily with visitors
from around the world that stop there on trips to the Grand Canyon. On some
days, up to 40 tour buses stop at this location, filled to the brim with
tourists on their way to the Sky Walk at the western realm of the Grand Canyon.
The Company expects a very good return later this year. It should be noted that
due to COVID-19, tour buses are not currently running but the store has become
incredibly active due to COVID-19.

Division
Six – Accessories, Products and Services

Division Six focuses
on the sale of hemp industry accessories such as the sale of
extractors, harvesters, storage bags, containers, fertilizer, soil
amendments, humidifiers, dehumidifiers, balers, greenhouses, and greenhouse
equipment; the drying, trimming, curing, storing and brokering for other
farmers harvesting hemp; and ultimately anything else a hemp farmer may need to
be successful. 

“What we found is that
people are always looking for hundreds of items. New harvesting equipment,
irrigation equipment of all kinds, soil amendments, organic soil fertilizers,
organic pest control products, new extraction technologies and more,” said
Perlowin. “As we expand this Division, we will strive to become the Amazon of
the hemp industry.”

According to Perlowin,
Hemp, Inc. is currently building out a new section of its website that will
list all of the products. This information will be available on https://www.hempinc.com/ in
the near future.

Division
Seven – Research and Development

While Research and
Development has been an integral part of Hemp, Inc. since day one, a more
formal research and development project will be planned for later this year.
This division will then start and expand rapidly. The Company originally
planned for Puerto Rico to be a research and development hub, but found the
barrier to entrance was much too great and has therefore changed its position
to focus its research and development division on states where hemp is already
legal. Hemp, Inc. is proud to have been a pioneer and leader in the early
stages of the hemp industry in America with our strategy to build
infrastructure even before legalization occurred in a state such as what was
done in North Carolina and Arizona.

“It is now more
economically advantageous to operate in a state that already has several years
of legalization behind it because it makes it easier further down the road for
hemp companies to thrive – just as we have done in North Carolina, Arizona,
Nevada and especially Oregon.  Our growing operation in Oregon hit a grand
slam, 2 years in a row.”

Division Eight – Industrial Hemp Investments
and Joint Ventures

Hemp, Inc. established
its eighth division (Industrial Hemp Investments and Joint
Ventures).  Since the passing of the 2018 hemp bill, Hemp, Inc. has been
flooded with inquiries of people who want to invest in the hemp industry but
don’t know where to start. As the Avant-guard of the industrial hemp industry,
Hemp, Inc. has put together numerous joint venture investment opportunities for
the medium to large-scale investor. Those who are interested should
email ir@hempinc.com. Millionaire investors, and in some cases
billionaires and billion dollar hedge fund managers, are aggressively trying to
get into the hemp industry since the passing of the 2018 Farm Bill. Our joint
venture agreements are that they put up the money and we put up the expertise
in a 50/50 revenue share (after all the initial investment money is
paid back)
.  This will save the large-scale hemp investor often two
years and dozens of multi-million dollar mistakes that they “WILL” often make
without an expert in the hemp industry. This is where Hemp, Inc.’s vast network
of experts and resources, built over a period of 10 years, in the industrial
hemp industry come into play because this is something we can easily provide to
those interested in entering this industry.

Division Nine – Industrial Hemp Consulting

Hemp, Inc.’s
Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) was recently
restructured as its ninth division and is now “Division Nine – Industrial Hemp
Consulting”.  With an influx of public companies wanting to expand into
the industrial hemp industry, Hemp, Inc. has been inundated with potential
consulting agreements. To keep up, Hemp, Inc. revamped its consulting
division to work hands-on with each company to provide its years of
expertise. According to Perlowin, there is definitely a sense of a
“Community of Companies” whereby a lot of companies are working together to
pool their resources, marketing connections and strategies in order to grow
simultaneously.

Typically, companies
seeking in depth consulting services from Hemp, Inc. pay mostly in stock since
cash flow is oftentimes tight during the developmental stage of start-up
companies in this industry. Through Hemp, Inc.’s Division Nine – Industrial
Hemp Consulting, a wide range of services are forged from the experiences of
creating the first publicly traded company in the cannabis sector (Medical
Marijuana, Inc.) and having over a decade of experience in the industrial hemp
industry’s public sector. Perlowin, Hemp, Inc.’s chief executive officer, also
has over five decades in the industry.

Division
Ten – Educational Entertainment

Hemp, Inc.’s newest
division, Entertainment, will cover everything from investing in the
movie “The Adventures of the King of Pot” (https://www.kingofpotthemovie.com/)
and other historical movies, books and documentaries representing our industry
up to the current docuseries being made on “The Modern Day History of
Hemp”
.  Those interested in investing in any one of these ventures
should contact the division’s Project Manager, Chris Tinney, at 855-554-6834 or
via email, ctinney@hempinc.com.

VETERAN VILLAGE KINS
COMMUNITIES

To see the livestream
feed for the Veteran’s Village Kins Community Arizona, visit https://www.hempinc.com/arizona and
click on “View Live Feed” or visit www.kinscommunity.com and click on the “Livestream Video”
tab.

The company’s 500-acre
strategic growing partner Veteran Village Kins Community in Golden Valley,
Arizona, is designed to grow hemp and produce CBD and CBG products to benefit
veterans as well as generate revenue for Hemp, Inc., the Veteran Village and
individual veterans living in the community.

The Veteran Village
Kins Community in Arizona has completed its final site plan blueprints for its
36 of the 500-acre site in Golden Valley, Arizona (20 miles north of
Kingman, AZ and 90 minutes from Las Vegas, NV)
. The site plan was submitted
to the Mohave County Building Department for final review. The Company is also
in the final stages of completing the necessary infrastructure to support an
off-grid, renewable, energy system.

Live streaming video
can be accessed on www.kinscommunity.com by
clicking the “Livestream Video” tab.  Viewers are able to actually see the
way the Veteran Village Kins Community is designed and watch it being built.
According to Perlowin, the basic framework or overall plan of the Veteran
Village Kins Communities is to create a holistic healing and learning center
that is designed to educate and heal veterans with PTSD, alcoholism, meth
addiction, opioid addiction, and other psychological conditions while at the
same time training them on the numerous aspects of being part of the emerging
multi-billion dollar hemp industry. To see the first live streaming video,
click here.

The Company will also
build hemp-growing communities for other groups such as “Abused” Women &
Children Village Kins Communities; the “Orphans” Village Kins Communities;
“Homeless” Village Kins Communities, the “Healers” Village Kins Communities
(the healers are professionals who are knowledgeable in the modalities to treat
these traumatized groups); and a community to “Heal the Healers” called Heal
the Healers Village Kins Community Arizona. These particular communities are
all synergistically aligned to work simultaneously supporting each other.

For example, the
“Healers” heal the traumatized veterans and women & children; the women
support orphaned children, and orphaned children want to see people living in
homes and not homeless. Thus, a portion of the hemp grown in each community
goes to create and support another community, giving everybody a sense of
giving back and helping others as they help themselves. This circles back to
the healers who also work to heal the veterans and the other traumatized
groups. This is the economic foundation on how the sale of the hemp products
operates as a “quantum economic matrix” or an example of “symbiotic economics”
which is way more complex than this brief description allows.

Dwight Jory, the
Project Manager for the “Veteran Village Kins Community Arizona, Inc.”, said,
“We are very happy with the progress. Our Kins Community is really beginning to
come together.” Planting began April 20, 2020 (see Bruce Perlowin’s
Facebook page post on 5/15/20)
.  Three-hundred acres have been fenced
and 120 acres have been scraped and cleared to grow hemp, 13 overnight trailer
park sites are under construction, and organic gardens have been planted,
according to Jory. These organic gardens double as experimental growing modules
using an entire array of different growing technologies to see which modalities
grow the best in a desert environment. As for the 6 geodesic domes, two have
been converted to greenhouse nurseries (see Bruce Perlowin’s personal
Facebook page post on 5/14/20)
  and the others are structurally
intact. “We have been gaining a lot of momentum in our Veteran’s Village so
these updates change week by week,” says Perlowin.

“We are now accepting
volunteers who have expressed an interest in helping to build the first Kins
Community for our veterans,” said Jory. Those interested in making the first
hemp growing CBD-producing “Veteran Village Kins Community” become a reality should
contact Ms. Sandra Williams via email (swilliams@hempinc.com).

One thousand trees, on
36 of the 500-acres, have also been planted, with an additional 1,000 trees on
order. The “Veteran Village Kins Community” will include a 100,000-square foot
GMP compliant, central processing plant, a state-of-the-art testing laboratory,
and various health and wellness centers to support veterans who may have
psychological, emotional or health issues.

“As Hemp, Inc.
positions itself on the forefront of America’s industrial hemp revolution, we
see our partnership with ‘Veteran Village Kins Community Arizona, Inc.’ being
paramount in supporting the small family farm movement that we are confident
will reshape the American landscape,” said Perlowin. “As we work toward getting
our eco-village up and running in Golden Valley, Arizona, we are also
aggressively scouting strategic locations in other states including North
Carolina, South Carolina, Florida, Georgia, Kentucky, Tennessee and West
Virginia. Giving veterans and other Americans a place to learn new skills and
take part in this multi-billion-dollar hemp CBD market is very exciting. It’s a
big part of our mission to give back.  Recently we have expanded our Kins
Community concept internationally focusing on, but not limited to, Israel, New
Zealand, Canada, Africa, and Australia.”

Hemp, Inc. executives
are also continuing to scout new locations nationwide to open additional hemp
processing centers in legal markets.

PRESS COVERAGE

Between the Hemp
University, the hemp processing center and Bruce Perlowin himself, the Company
has created an enormous amount of media coverage. See below for the list of
press hits the Company has received up to the end of this quarter:

Hit: Hemp: the burgeoning industry of southern Oregon” – (NBC)
KOBI-5, December 22, 2018

Press Release: “Hemp, Inc. Featured on Oregon NBC 5 Station Following Passage of 2018
Farm Bill


Hit: Carolina’s next cash crop?: Farm bill will add hemp into more growers’
rotation
” – The Wilson Times, December 26, 2018

Press Release: “Hemp, Inc. Receives Prominent News Coverage Discussing Hemp Legalization
and Small Family Farms

 

Hit: Arizona’s next cash crop? Lawmaker pushes for rush on hemp bill
– ABC 15, January 28, 2019

Press Release: “Hemp, Inc. Applauds Arizona Legislative Drive to Push Up Industrial Hemp
Licensing Date to June 2019 as Veteran Village Kins Community Builds Out
Infrastructure

 

Hit: Farmers could plant hemp in Arizona fields this summer, if bill passes -
ABC KUGN-9, February 8, 2019

 

Hit: Adams on Agriculture – Bruce Perlowin/Hemp, Inc.” – Adams On
Agriculture, February 22, 2019

Press Release: “Hemp, Inc. CEO Featured on National Radio Show Discussing Company’s
Expanding Footprint and Demand for Cannabidiol

 

Hit: Hemp, Inc. seeking JV partners for processing facilities, CEO says
– MergerMarket, February 28, 2019

Hit: Hemp, Inc. holds first west coast educational seminar in Ashland
–  (NBC) KOBI-5, March 23, 2019

Press Release: “Hemp, Inc. Featured by CBS and NBC Affiliates in Oregon About The Hemp University’s
Educational Hemp Seminar

 

Hit: Hemp University:
getting schooled on cannabis
” – CBS News 10, March 26, 2019

Press Release: “Hemp, Inc. Featured by CBS and NBC Affiliates in Oregon About The Hemp
University’s Educational Hemp Seminar

 

Hit: How Hemp Is Giving Renewed Life To America’s Tobacco Farmers
– Forbes, March 25, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Forbes Discussing Tobacco
Farmers Who are Turning to Industrial Hemp

Hit: Market for hemp still a ways off” – Tri-State Neighbor, March
28, 2019

Hit: Tobacco growers
may find new avenue in hemp farming
” – AgDaily, April 26, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in AgDaily Discussing Hemp as
Agricultural Industry’s Newest Cash Crop

 

Hit: Industrial hemp has potential to be a big cash crop for area farmers
– Tulsa World, May 12, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Tulsa World Discussing
Oklahoma’s Industrial Hemp Industry

 

Hit: Growing hemp in the desert” – Today’s News-Herald/Havasu News,
June 10, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured on Cover of Today’s News-Herald
Discussing Arizona’s Industrial Hemp Industry

 

Hit: Hempathon” contest planned for Golden Valley” – Mohave
Daily News, July 7, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Mohave Daily News and CBD Today
Discussing Hempathon

 

Hit: Hemp, Inc. Seeking Agriculture Suppliers and Farmers for Hempathon Event
– CBD Today, July 2, 2019

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Mohave Daily News and CBD Today
Discussing Hempathon

 

Hit: Hemp Inc. to Hold “Hempathon” in Mohave County” – Arizona
Cannabis News, July 15, 2019

Hit: Hemp, Inc. taking hemp into bioplastics” – Plastics News,
August 22, 2019

Press Release: “Hemp, Inc. Featured in Plastics News Regarding Entry Into Hemp
Bioplastics Industry to Help Fill Growing Demand for Eco-friendly Materials

 

Hit: “ROSEBUD ORIGINAL VIDEO: Hemp University the Pre-Harvesting Symposium
– Mail Tribune, September 9, 2019

Press Release: Hemp, Inc. Subsidiary, The Hemp University, Featured in Mail Tribune
Showcasing Pre-Harvest Symposium Hemp Workshop


Hit: “Hemp In The
Valley
” – CBS News 10, September 12, 2019

Press Release: Hemp, Inc. CEO Bruce Perlowin Featured on CBS News 10 in Oregon
Discussing State’s Booming Hemp Industry

 

Hit: “Episode 72 : “King of pot, smuggling 101, and getting arrested on an
airplane
” – Off Script With Trish Glose, CBS News 10 Podcast,
September 25, 2019

Press Release: Hemp, Inc. CEO Bruce Perlowin to be Featured on the Podcast “Off Script
with Trish Glose” This Wednesday

 

Hit: “Why US Tobacco
Farmers Are Switching To Hemp
” – Business Insider, September 16,
2019

Press Release: Hemp, Inc. Affiliate, Through a Joint Venture, Featured on Business
Insider for North Carolina Farming Operations

Hit: “HEMP, INC. Joins The Stock Day Podcast to Discuss The Distribution of Their
Hemp Pre-Rolls
” – Stock Day Podcast, September 27, 2019

Press Release: HEMP, INC. Joins The Stock Day Podcast to Discuss The Distribution of
Their Hemp Pre-Rolls

 

Hit: “Hemp hardwoods, bioplastics expand crop use beyond CBD” -
United Press International, October 2, 2019

Press Release: Hemp, Inc. Featured in Globally Syndicated News Provider, United Press
International, Discussing Industrial Applications for Bioplastics

 

Hit: “Rising High: An Exclusive Talk with Industrial Hemp Company Hemp, Inc.
– The Fly, October 17, 2019

Press Release: Hemp, Inc. Profiled in Financial News Outlet, The Fly

 

Hit: “Lack of Processing Facilities For Hemp” – ABC News Watch 12,
October 30, 2019

Press Release: Hemp, Inc. Oregon Processing Operation Featured in NewsWatch 12’s Harvest
Coverage

 

Hit: “Hemp farmers in
red tape
” – CBS News 10, November 5, 2019

Press Release: Hemp, Inc.’s Commentary on New USDA Rules Featured in KTVL Broadcast and
Smoky Mountain News

 

Hit: “Legislature to ban smokable hemp in N.C.” – Smoky Mountain
News, November 6, 2019

Press Release: Hemp, Inc.’s Commentary on New USDA Rules Featured in KTVL Broadcast and
Smoky Mountain News

 

Hit: “Hemp Inc. CEO,
Bruce Perlowin Interview
” – The Light, November 13, 2019

Press Release: Hemp, Inc. CEO Bruce Perlowin Joins News Video Series, The Light, to
Discuss Company Initiatives

 

Hit: “Hemp Industry Prime for Post-Pandemic Growth” – Cannabis Tech,
April 17, 2020 

Press Release: “Hemp, Inc. CEO Bruce Perlowin Featured in Cannabis Tech”

 

Hit: “Cannabis Businesses During the Coronavirus” – Way of Leaf,
April 17, 2020 

Press Release: “Hemp, Inc. Featured in Marijuana Break’s Coverage on Hemp and COVID-19

 

Hit: “Hemp farmers going ‘full force’ despite pandemic” –
PoliticoPro, April 27, 2020 

Press Release: “Hemp, Inc. Featured in Politico Pro’s Coverage of The Hemp Industry
Amidst The COVID-19 Pandemic

 

Hit: “4 Highly Speculative Micro-Cap Stocks To Have On Your Radar” –
Benzinga, May 6, 2020

Press Release: Hemp, Inc. —  One of the Top Micro-Cap Stocks Investors Should Have
on Their Radar
” 

 

Hit: “American Hemp
Farmers Table Talk
” – Youtube, May 26, 2020

Press Release: “Hemp, Inc.’s CEO Shares Insights With Georgia Hemp Farmers During Recent
Webinar Appearance

  

Hit: E.95 Changing the World through Hemp ft. “King of Pot Stocks” Bruce
Perlowin
 – Lit & Lucid Podcast, July 7, 2020

Press Release: “Hemp, Inc. CEO Bruce Perlowin to be Featured on Lit & Lucid Podcast

HEMP, INC.’S STOCK BUY
BACK PLAN

Hemp, Inc.’s stock
buyback is a mechanism to dramatically reduce the outstanding shares in the
open market. “Once our Stock Buy Back Plan begins, and all the legal
requirements to do this are in place, it is our intention to use 10% to 50% of
the revenues, at some time in the future, when all the complex legal
requirements are in place.”

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

 

More Contacts:

flower@hempinc.com

hempu@hempinc.com

ctinney@hempinc.com



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