Las Vegas, NV – (NewMediaWire) – January 7, 2021 – Hemp, Inc. (OTC
PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal
processing centers, reported today that South Carolina’s Department of
Agriculture (SCDA) is accepting hemp farming applications for the 2021 growing
season through February 28, 2021. With federal government approval, the state’s
Hemp Farming Program entered a “new period of regulatory stability” making hemp
more attractive to farmers in the state.
Hemp, Inc. has relationships
with farmers in South Carolina so the company is looking forward to expanding
its reach there and seeing more business opportunities created. Many states across the country are seeing an
increase in hemp farming. With the vision of a thriving industrial hemp
industry, Hemp, Inc. has built a massive infrastructure over the past 12 years
to support this robust industry. One market analysis report stated the
global industrial hemp market size was 5.33 billion for 2020 and expects it to
reach 15.26 billion by year 2027. (Read
the Grand View Research report here.)
According to SCDA, the state’s “Hemp
Farming Program has grown from 20 farmers in 2018 to 265 farmers in 2020 – and
each year, the program has changed as state and federal laws changed. When the
federal government approved South Carolina’s State Hemp Plan in April 2020, the
program entered a new period of regulatory stability, one that SCDA expects to
continue in 2021. The agency now has six full-time staffers devoted to hemp
Application specifics include
proof of South Carolina residency and passing of a criminal background check.
Applicants are also required to submit GPS coordinates of exactly where they
will grow the hemp. There is also a $100 nonrefundable application fee
and $1,000 permit fee. All farmers must apply through SCDA’s online portal at
agriculture.sc.gov/hemp. Applications, along with all required materials, must
be received by the deadline, February 28, 2021.
Anyone with a 2020 permit must
apply for a new 2021 permit. For information about the South Carolina Hemp
Farming Program, visit agriculture.sc.gov/hemp or email firstname.lastname@example.org.
Visit Hemp, Inc.’s King of Hemp® product line on www.kingofhempusa.com for 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 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.
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.
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,