News

UPDATE: Global Hemp Tea Market Will Experience Progressive Growth According to New Market Report

Las Vegas, NV – (NewMediaWire) – October 28, 2021 – Hemp,
Inc
. (OTC PINK: HEMP), a leader in the industrial hemp market, is
well positioned to capture market share for direct-to-consumer hemp
derivatives
 such as hemp tea. Hemp,
Inc.
 has been developing CBD cosmeceutical and nutraceutical
products through its King of Hemp®
brand.

According to a market
report
 published by Research Dive in September 2021,
demand for hemp tea and other plant-based beverages is particularly strong in
North America. Relaxed regulations in the United States and Canada surrounding
the cultivation and use of cannabis in the manufacturing of products like hemp
tea is one contributing factor.

Research Dive found the
“rising prevalence of health-conscious people across the globe and their
increasing inclination toward herbal tea are further expected to bolster the
growth of the hemp tea market.”

Hemp tea has been recognized as
having a number of health
benefits
, including maintaining body weight and reducing stress,
anxiety and depression.

The global
hemp tea market
 is projected to reach $245,541.33 thousand by
2028. For comparison, the same market was valued at $50,315.29 thousand in 2020.
In addition, a 129-page report determined
that the global hemp tea market will grow “exponentially at a CAGR of 22.9%
during the forecast period (2021-2028).”

The Research Dive report
segmented the global hemp tea market into three distribution
channels
: online/direct-to-consumer; convenience stores; and other.
Through its King of Hemp®
products, Hemp, Inc. already has a strong presence
in a variety of markets and
distribution channels.

Hemp,
Inc.
 has been doing R & D on hemp teas for two years,
experimenting with hemp flowers, hemp fan leaves, hemp roots and hemp tea
blends for close to two years now and expects to roll out its hemp tea line in
2022. Our analysis indicates that hemp teas are one of the totally
underutilized products this incredible plant can provide out of the 25,000
products that can come from the hemp industry. 

The King of Hemp® online
store
 offers consumers 24/7 convenience and secure online
ordering. King of Hemp® products are also available at retail locations in
Florida, Arizona, Nevada and California.
Hemp, Inc. began shipping its King
of Hemp
® product line to stores across the country in late 2020.

In September of this year, Hemp,
Inc. announced it
had acquired Ferris Holding, Inc., a leading co-packer and manufacturer based
in Las Vegas, Nev. The acquisition allows Hemp, Inc. to expand its new
product launches
 in the global hemp market.

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.

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 DrillWall®
.

“We currently have 769,794 pounds
of raw kenaf bales, 363,225 pounds of DrillWall®; and 453,000 pounds of
Spill-B-Gone™. That’s a total of 1,586,019 pounds of product which translates
into a 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 focus is the King of Hemp® 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:

·        
DrillWall®
(a loss circulation material)

·        
Spill-Be-Gone® (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, 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 DrillWall® out in December, 2019
and another $60,000 payment was received for the second batch of DrillWall® 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 in 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 Hemp® PreRoll Blends

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

The super-premium King of Hemp® 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 Hemp® 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 Hemp®
pre-rolls
. 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 Hemp® pre-rolls present a calming
experience, perfect for alleviating feelings of anxiousness and gaining mental
clarity.

The King of Hemp® 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 THC so it’s federally legal nationwide.

Within the next 30 days, the
Company expects to roll-out the second product in the King of Hemp® (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 biodynamic
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 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 Hemp® pre-rolls and
The King of Hemp® 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 Hemp®” 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 Profit™ – 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 Profit™ – 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 must be a strong foundation
or infrastructure in place. While Hemp, Inc. continues to grow a rock-solid
Hemp Marketing Infrastructure, Perlowin reminds us that this infrastructure has
to be able to support 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.

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 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.

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:

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
PreRolls
” – Stock Day Podcast, September 27, 2019

Press Release: “HEMP,
INC. Joins The Stock Day Podcast to Discuss The Distribution of Their Hemp
PreRolls

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

Press Release: “Hemp,
Inc. Reports South Carolina Now Accepting Hemp Farming Applications for the
2021 Growing Season”

Press Release: “Hemp,
Inc. Plans Massive Expansion in Florida”

Press Release: “Hemp,
Inc. Reports: Cannabis Stocks Soar as Senate Pushes for Cannabis Reform”

Press Release: “Hemp,
Inc. Highlighted as a Major Player in the Industrial Hemp Market by Verified
Market Research Report”

Press Release: “USDA’s
Final Hemp Rule on Domestic Hemp Production to Go Into Effect Early Next Week:
Hemp, Inc. Reports”

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 involve risks, uncertainties.

Contact:

Hemp, Inc.

855-436-7688

ir@hempinc.com

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