Business
Hemp, Inc. Completes First Year of Kenaf (a Cousin Plant to Industrial Hemp) Harvest
Hemp, Inc. Completes First Year of Kenaf (a Cousin Plant to Industrial Hemp) Harvest.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Hemp, Inc. Completes First Year of Kenaf (a Cousin Plant to Industrial Hemp) Harvest\n \n \nHemp, Inc. Completes First Year of Kenaf (a Cousin Plant to Industrial Hemp) Harvest\n \n LAS VEGAS, NV--(Marketwired - Jun 7, 2016) - Hemp, Inc. is proud to announce its first Kenaf harvest from its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, in Spring Hope, North Carolina. Executives say the 150 acres of Kenaf were cut, raked, baled and was transported to Hemp, Inc.'s 70,000 square foot industrial hemp processing facility where it was weighed, stored and paid for. \"This is a huge milestone for Hemp, Inc. From seed, to harvest, to paying the farmers, our 150-acre Kenaf crop represents great success in the fact that we were able to inject revenue into the local farming community that we have become a part of,\" says David Schmitt, COO of Hemp, Inc.'s Industrial Hemp Manufacturing.\n Kenaf (hibiscus cannabinus) is an annual, non-wood fiber plant that is indigenous to central Africa. Kenaf is a plant in the Malvaceae family also called Deccan hemp and Java jute. It has been likened to okra and cotton and typically grows 12 to 18 feet tall in a six-month growing season. The raw fiber has been known to grow well in many parts of the United States and has been considered an eco-friendlier way to make paper without cutting down trees. According to DavesGarden.com, \"uses of the fiber range from paper, grass mats, fiberglass substitutes, animal bedding, oil-absorbent materials, chicken and cat litter, animal forage, particle board, and potting soil, to name a few.\"\n Schmitt said the company has planted another 400 acres this year for its second season as they prepare for a massive hemp crop in 2017, in North Carolina. \"We planted 400 acres this year which represents about a 70% increase from last year. The harvest came in just as our truck scale was installed. That was perfect timing because we were able to weigh the Kenaf. \"\n Bruce Perlowin, CEO of Hemp, Inc. commented, \"This was such a critical cycle that we completed. Once you plant a crop, successfully harvest it and pay the farmers, you have gotten the farmer's attention. They'll be eager to grow Kenaf and hemp next planting season. In order to grow the amount of hemp we expect to grow in 2017, having the confidence of the farmers is a must. Even though it's...