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Las Vegas, NV – 
HEMP), a leader in the industrial hemp market, was one of a select group of
companies across the globe named in a new Dublin, Ireland-based Research and
Markets report, “Industrial Hemp –
Global Market Trajectory & Analytics.”
Hemp, Inc. was one of 36 companies selected for analysis
in the comprehensive 285-page report announced
June 14, 2021 and gives international confirmation of Hemp, Inc.’s leadership
in the marketplace.
The U.S. market is estimated at $1.4 billion in 2020,
according to the report. Other sources estimate the global hemp market in 2020
at $5.3 billion and is projected to grow to $13.8 billion by
2027 for a CAGR of 14.6%.
Products analyzed by Research and
Markets in the new report include:
·
Hemp seed (includes whole hemp seed, hulled hemp seed, hemp seed
oil, hemp protein powder and similar food, cosmetic and pharmaceutical
products)
·
Hemp fiber (used for textiles, building materials, paper, rope,
etc.)
·
Hemp shives (frequently utilized for animal bedding and
mulch)
All three of these segments are
predicted to see growth through 2027, with hemp seed expected to reach $8.9 billion by 2027 for
a 15.3% CAGR and hemp fiber products were projected to show a 13.5% CAGR, and
the hemp shives market is anticipated to show a 12% CAGR.
Hemp, Inc. has the largest
industrial multipurpose hemp processing facility in North
America, an 85,000-square foot facility in Spring Hope, N.C.
With more than 10 years of
experience in growing and processing hemp in North America, Hemp, Inc. has
an established network of industry professionals in every segment of the
industrial hemp industry.
Hemp, Inc.’s
mission to provide green solutions that help make the world a
better place continues to flourish as the company advances an ever-growing
portfolio of revenue- and value-generating synergistic businesses.
Hemp, Inc. is also focused on
marketing and is currently negotiating with a network marketing company to
launch several new products for different niche markets. Digital marketing
campaigns are in the works including planning for display booths at all the
concerts and events at the Veteran Village Kins Communities. The company is
also selling directly to retail stores as well as distributing through all the
King of Hemp Stores opening around America this year. Online distributors such
as NaturalExposureCBD.com is also carrying the products.
The company recently added its
second brand (Billy Hayes) in the King of Hemp® product line which already
consists of Bubba Kush hemp; CBD Pre-rolls, Fortified CBD Pre-rolls, CBD and
CBG Caviar/Moon Rocks; and Diamonds (which are 96%-98.7% CBD, the only product
like this in the marketplace today).
According to executives, one of
its distributors is selling a limited number of signed and numbered Billy Hayes
CBG pre-rolls as a collector’s item for $100 each. Those interested in being
the first to collect this “pirate treasure” should click here.
There’s also a signed (by Bruce
Perlowin) and numbered complete set of King of Hemp® CBD pre-rolls. (To hear
the Bruce Perlowin theme song, click here.) The third in the series will
be the Notorious Smith Brothers (famous smugglers from South Florida) to be
released at a later date.
The Company’s website for its King of Hemp® line (www.kingofhempusa.com)
also has CBD oil tinctures available for purchase. The tinctures are available
in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil
extracted from the flowers and leaves of hemp plants sustainably sourced from
Colorado. They are also compliant with the regulations created by the Colorado
Department of Agriculture in regards to industrial hemp.
The tinctures, as well as all CBD
products, contain 0.3% or less THC and are compliant with the 2018 Farm Bill.
To learn more, go to the King of Hemp® website, here.
Those interested in King of Hemp®
pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; can visit www.kingofhempusa.com and
email sales@kingofhempusa.com.
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.
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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