Business
Hemp, Inc. Begins Its First 53-Acre Hemp Planting
Hemp, Inc. Begins Its First 53-Acre Hemp Planting.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Hemp, Inc. Begins Its First 53-Acre Hemp Planting\n \n \nHemp, Inc. Begins Its First 53-Acre Hemp Planting\n \n LAS VEGAS, NV--(Marketwired - Jul 12, 2016) - Hemp, Inc. (OTC PINK: HEMP) executives are pleased to announce that the next phase of its strategic business plan has been initiated… Hemp, Inc.'s planting of its first fifty-three acres of hemp. According to executives, Hemp, Inc. will begin to joint venture with land owners and/or companies across America to grow hemp while it continues to complete the final phase of bringing online its multi-purpose hemp processing facility in North Carolina. Last month's successful planting of 420 acres of Kenaf, in North Carolina, triggered the next phase of also growing industrial hemp.\n Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP), said, \"We have a 70,000 square foot industrial hemp processing facility, on 9 acres of land in the final stages of completion, so our primary focus is on getting it operational. Growing hemp is also part of our strategic business model. I am very excited to have signed an agreement with Ron Almadova of Agri-Tech Farms, LLC. The 2016 hemp crop will be grown on Almadova's land in Tonopah, Nevada.\" Per the agreement, Mr. Almadova has agreed to grow, harvest, and transport the hemp to specified processing locations.\n The planting of the hemp crop will be completed by today, July 12, 2016, according to Almadova. And by early October, 2016, the harvest will be complete. Currently, CEO Perlowin is traveling to North Carolina to oversee the final stages of the company's industrial hemp plant operation. While in route, Perlowin is touring, with Michael Whalen, President and Founder of Nevada Hemp Association, potential acreage in Arizona and North Carolina to grow hemp. Thus far, Perlowin is interested in 7,000 acres near Flagstaff, Arizona. \"Industrial hemp is an economical, sustainable plant which can yield a very viable crop. It's just a matter of time before it is legalized on a federal level. Hence the reason we are using the same strategy we used in North Carolina when hemp was not legal there. We don't wait for it to become legal in a particular state. This strategy is what has put Hemp, Inc. ahead of the curve,\" said Perlowin.\n Bruce Perlowin has been personally creating...